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Tuition & Fees
 
Tuition
Tuition per credit hour $ 390
Tuition per credit hour for Students Receiving the UMT Military Scholarship $ 250
Tuition per credit hour for International Students with F-1 or J-1 visa $ 780
 
 
Fees
Application Fee* $ 30
Transfer Credit Evaluation Fee $ 30
Semester Registration Fee* $ 30
Late Registration Fee* (applies on and after the first day of a semester start) $ 40
Cancellation Fee $ 50
Re-admissions Fee* $ 30
Change-of-Program Fee* $ 30
Change-of-Schedule Fee* $ 30
Continuing Enrollment Fee $ 30
Returned Check Fee $ 30
Transcript Fee $ 10
Graduation Processing Fee $ 50
Commencement Fee $ 75
Replacement Diploma Fee $ 75
International Student I-20 or DS-2019 Processing Fee $ 250

All fees are non-refundable.
* Fee is waived for students receiving the UMT Military Scholarship.
For DBA Fees: Please refer to the DBA section of the graduate catalog.
 
 
Tuition Refund Policy
 
A student may request course cancellation in any manner, but the university strongly advises such requests to be in writing by email, fax, or mail. The refund is calculated based on the postmarked date that a student's cancellation is mailed or the date that an email or fax request is received by UMT. Students also may submit written cancellation requests in person at UMT's administrative offices during normal business hours (Monday - Friday, 9 a.m. to 5 p.m. Eastern Time).
UMT also reserves the right to terminate student enrollments if students do not meet the academic and financial standards.
Cancellation within Seven Days: A student may cancel a course enrollment within seven calendar days from midnight of the day on which the official start date is approved with course access granted and receive a full refund minus a $50 Cancellation Fee to cover administrative costs.
Cancellation after Seven Days: If a student requests cancellation after the above seven days, UMT shall refund the proportion of the tuition paid, according to the following schedule:
 
Cancellation Date After Refund Amount
1st week (seven days) of the course 80%
2nd week (fourteen days) of the course 60%
3rd week (twenty-one days) of the course 40%
4th week (twenty-eight days) of the course 20%
5th week (thirty-five days) of the course None
 
For international students with F-1 or J-1 visa, the first-year-program tuition is non-refundable.
Refund Payment: Refund payment will be made within 30 days from the cancellation date.
For students who use FSA: Please refer UMT FSA policies in leave of absence, withdrawal, return of title IV funds and post-withdrawal disbursement for more guidelines.
 

 
Federal Student Aid
 
UMT has been approved by the U.S. Department of Education to provide Federal Student Aid (FSA, Title IV) to qualified students to finance their education. Applicants should complete the current year’s Free Application for Federal Student Aid (FAFSA) with UMT’s school code (041103) if interested.

FSA students are required to enroll in courses on a term basis. The dates of the terms can be found in the Academic Calendar section of the undergraduate and graduate catalogs. Processing for each term opens 6-weeks prior to the term start.

The estimated costs and policies governing the FSA program are described in the UMT FSA Handbook which is available here. The Net Price Calcluator can also be found here.
 

 
Financial Assistance
 
UMT offers a top quality education for as little as half the tuition of many similar programs. We believe these low tuition expenses are themselves a financial incentive for the hard working professional. Beyond our low tuition, UMT also offers a number of tuition incentives and savings in order to assist our students in funding their education.
 
Teaching & Research Assistantships
UMT offers a limited number of teaching and research assistantships to students. Contact UMT for more information about eligibility and requirements.
 
UMT Military Scholarship
The UMT Military Scholarship Program is a needs-based scholarship offered to eligible:
  • Active Duty US Military personnel, and in some cases, their dependents
  • National Guard
  • Reserves
  • Honorably discharged veterans.
The UMT Military Scholarship is designed to provide financial assistance to students who are not eligible or are not receiving other needs-based grants or scholarships (Pell Grant, PMIEF Scholarship, etc.) The scholarship awards tuition assistance, reducing the cost per credit-hour from $390 to $250 and waives most fees (e.g., Semester Registration, Change of Program, etc.) See Tuition and Fees later in this catalog.
 
UMT Active Duty Textbook Loan
Active Duty military personnel and dependents residing with them who are granted the UMT Military Scholarship may qualify to borrow books from UMT at no cost as long as the student is not receiving additional government funding that covers the cost of books (Post 9/11 stipends, etc.) The books must be returned at the student’s expense. Students interested in receiving this loan must write to UMT, explaining their needs.
 
Tuition Assistance and GI Bill®
UMT accepts military tuition assistance (TA). Once approved, the student must provide a signed TA form to UMT. In the case of the US Army, UMT downloads the TA approvals directly from the Army so a signed form is not needed.

Honorably discharged veterans and active duty personnel may use their GI Bill® benefits. Before committing to enrollment, applicants and existing students must establish their eligibility with the Veteran’s Administration. Always consult the VA before taking any action that involves your valuable VA benefits! Once enrolled, UMT’s VA Certifying Official will certify enrollment with the VA. For more information, see the VA web site at www.gibill.va.gov.
 
Additional Veterans' Benefits
Some students may be entitled to educational benefits as active duty personnel, veterans, or widows or children of deceased or totally disabled veterans. UMT’s administrative office processes certification of enrollment and attendance for the Veterans Administration so that eligible persons will receive educational allowances.
 
PMIEF Scholarship and PMIEF-UMT Scholarship
Students may apply for scholarships from the Project Management Institute Educational Foundation (PMIEF). They may apply directly for a PMIEF scholarship, or PMIEF-UMT scholarship. These scholarships are available for students who would like to in study project management related degree programs at the undergraduate, graduate, or doctoral level. Any degree program that addresses project management knowledge, skills, and ability is eligible. For more details, please visit www.pmief.org.
 

 
International Student Financial Requirement
Please see: Financial Certificate

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