Financial Information

Most students pay for the program with personal funds, federal loans (U.S. students only), or private loans. A limited number of partial merit and need-based scholarships are available.

Costs

*Tuition (30 credit hours), based on Fall 2023 tuition costs:

• Florida Resident: $530.69
• Non-Florida Resident: $1,255.41

Tuition is due per semester (2 modules), two weeks after the start of classes, and is based on the number of credit hours for which you are registered in that semester. Tuition fees are subject to change between academic years. Refer to the University Bursar website for the most updated tuition fees.

**Students enrolled in Hough Masters programs pay a professional development fee which is used to develop key professional traits attractive to employers. Examples include team building activities, case competitions, career workshops, networking events, conferences and guest speakers. International students may pay a higher fee for workshops that address an introduction to the U.S. academic culture, working in teams, professional presentations and English writing skills appropriate for a business environment.

Scholarships

The program offers newly admitted students a limited number of merit and need-based scholarships ranging from $500 to $5,000. Scholarship application instructions will be emailed to eligible students two weeks prior to the scholarship application deadline.

To be eligible to apply for scholarships, individuals must accept their admission offer and submit a scholarship application by the corresponding deadlines listed below. To be considered for need-based scholarships, a current Federal Student Aid FAFSA Form must be on file with the University of Florida. International students are only eligible for merit-based scholarships.

Important Dates/Deadlines

Fall New Incoming Students:

• Accept Admission Offer: May 1st
• Scholarship Application Deadline: May 15th
• Scholarship Decision Notifications: August 15th

Spring New Incoming Students:

• Accept Admission Offer: November 1st
• Scholarship Application Deadline: November 15th
• Scholarship Decision Notifications: December 15th

We do not use master’s students to teach in our College, therefore we do not offer teaching assistantships or fellowships.

Florida Bright Futures recipients who graduated with their bachelor’s degree in 7 semesters/105 credits or less may be eligible to apply remaining Bright Futures funding to the first semester of a graduate program. Contact your undergraduate financial aid adviser for more information.

Florida Prepaid students, before cashing out a prepaid account, contact your undergraduate financial aid adviser for more information about using remaining prepaid funds for graduate tuition.

Federal Student Aid and Loans

Most students (U.S. Citizens/U.S. Residents) are eligible to receive federal loans. To apply for federal loans, you must complete the Federal Student Aid FAFSA Application.

You can get more details on the UF Financial Aid website.

For questions, Email the Hough Financial Aid Advisors.

Academic Common Market

Are you a resident of one of these states?

The Academic Common Market enables students in the Southeast to pursue the Master of International Business (MIB) degree at the University of Florida at In-State tuition rates. This program, created by the Southern Regional Education Board (SREB), allows students from 16 Southern states to “study in a specialized field at an out-of-state college, while paying in-state tuition.” The MIB program is currently approved to offer tuition reciprocity for the MIB on-campus format to state residents of Alabama, Georgia, Kentucky, Maryland and Tennessee. Students from other SREB member states should contact the MIB program for more details about MIB tuition reciprocity in their state.

International Students

No federal or state loan or grant programs exist for international students. International students must be able to pay the cost of tuition and living expenses. Please refer to the UF International Center website for information regarding financial aid, tuition waivers, campus employment, etc.