TUITION DETAILS

The Master of Science in Quantitative Finance and Risk Management consists of 30 credit hours over the course of 10 months or 22 months. Tuition rates for each academic year are approved by the Board of Trustees and announced by Temple University Bursar’s Office every July. Review details at the Bursar’s Office or view per-credit tuition as a PDF.

While tuition for the program includes industry study packages for the FRM Exam, students are responsible for their own exam fees should they wish to pursue the FRM Exam.

Please note that in addition to university-wide tuition and fees, the Master of Science in Quantitative Finance and Risk Management also assesses a one-time program fee of $750 with the first semester. This program fee covers special events and activities including, but not limited to: orientation; guest speakers; special events; and graduate student-only spaces such as breakout rooms, lounges, and business centers.

Indirect & Personal Expenses

Personal expenses vary from student to student, depending on individual accommodations and lifestyle. In addition to the annual tuition and program fee for the program, students can expect to pay $1,500 to $2,000 per month on individual and personal expenses. This is an estimate based on student feedback and generally includes:

  • Housing
  • Food
  • Utilities
  • Personal travel
  • Miscellaneous personal living expenses

FINANCIAL AID

Financial Aid for Domestic Students

Loan Eligibility & Applying for Loans

Citizens and permanent residents of the United States are considered domestic students and are typically eligible for federal student loans as well as supplemental (alternative) loans through private lenders.

Domestic students may file the Free Application for Federal Student Aid (FAFSA) for the upcoming academic semester during the application process, and may only file for private loans after they have been offered admission to the program.

Please refer to Temple University’s Student Financial Services for details about the total estimated cost of program attendance and/or lender information. Student Financial Services assists eligible students in obtaining state and federal government grants and guaranteed loans.

Financial Aid for International Students

International students are not eligible for federal loans, and must use alternative loans as their primary source of funding. Additional information on financial resources for international students is listed here by the Office of International Student and Scholar Services.


SCHOLARSHIPS

The Master of Science in Quantitative Finance and Risk Management offers merit-based scholarships for qualified students.

Merit-based scholarships:

All applicants are automatically considered for merit-based scholarships, provided the application is received by the scholarship deadline. Students do not need to complete additional forms or submit additional application essays or recommendations to be considered for merit-based scholarships. Merit scholarships are awarded to students who demonstrate outstanding academic and professional achievement, including overall GPA, accounting GPA, and GMAT scores. Scholarship recipients will be notified shortly after their admission decision has been rendered.

Other Scholarship Funding

We encourage you to consider other sources of scholarship funding from organizations to which you belong, such as religious organizations, fraternal organizations, clubs, athletics, veteran groups, ethnic groups, unions, employers, rotary clubs, etc.

Temple Alumni Rewards

As a graduate of Temple University, you’ve worked hard to achieve your educational and professional goals.  Because we are committed to your success, the Fox School of Business grants 5% tuition scholarships to alumni who are admitted to the program.

Get started in 30 seconds

30 seconds is all it takes. Want to know more about the Fox Master of Science in Quantitative Finance and Risk Management? Sign up to receive emails about program details and updates, pre-admission event invites, and more.

Have a more immediate question about the program? Connect with the Fox admissions representative:

Alec Wizar

Alec Wizar
Assistant Director
Graduate Admissions
Office: Alter Hall 701K

alec.wizar@temple.edu
215-204-3911

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