Tuition and Financial Aid for MS Students

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Graduate Tuition Rates 

The University of South Florida offers one of the lowest tuition rates in the country! The University has been rated #39 for in-state tuition rates (#23 for out-of-state tuition) on Kiplinger's Personal Finance "Top 100 Best Value in Public Colleges" published December 2017. Below are USF's current graduate tuition rates. 

Fall 2018 – Summer 2019   

   Per Credit Hour
 Florida In-State  $431.43
 Out-of-State    $877.17  



The average amount of credit hours to complete a master’s degree is 32, not including electives. Please refer to the degree worksheet for your specific program to determine the amount of credits needed to graduate. Some degrees may require additional credit hours.  

Students are also eligible to apply for a variety of scholarships and fellowships as well as other types of financial aid. Additionally, the university offers numerous free resources and support services to help students with money management and understanding the various types of aid.  An added benefit? Tampa’s cost of living is lower than the national average and one of the lowest of any metro-area in Florida.   

Flat Fees for all Students 

Fee    Amount 
 Activity and Service (A&S)    $7.00
 Athletics    $10.00
 Student Union Enhancements   $20.00 

 Academic Common Market 

Pursue your master’s degree at USF Morsani College of Medicine without paying out-of-state tuition If you reside in one of the 16 states that are members of the Southern Regional Educational Board (SREB) then you are eligible to apply for in-state tuition. The member states include Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. Residents from non-SREB states are not eligible to apply to Academic Common Market.   

The purpose of the Academic Common Market (ACM) is to provide programs of study to graduate students that are not available in their home state. The student must first be accepted for admission by following the normal admission procedure at the University of South Florida. The student must be accepted as a degree-seeking student in the specified major with a regular admission status. Students with a provisional or non-degree-seeking status at the institution are ineligible for ACM participation. Once your application is processed and you have been admitted to USF, then contact the education commission or council in your state to submit your request to be considered as an Academic Common Market student.  It is the responsibility of the student to contact the SREB and the Academic Common Market to obtain and/or apply for certification. 

Frequently Asked Questions can be found online here.  You can also contact the USF Office of Admissions at gradadmissions@usf.edu.

Per Credit Hour
Per Credit Hour

Financial Aid

To apply for federal, state, and University of South Florida financial assistance, file the Free Application for Federal Student Aid (FAFSA), or the renewal application online for fast and efficient processing of your application. Application for low-interest student loans and work study employment are made by completing the FAFSA. Please note that graduate assistantships are not available to our students in the master’s degree programs. Most students in our master’s degree programs are eligible for some type of federal student assistance, usually in the form of a student loan. The amount of assistance is determined by course load and estimating the total cost of attendance. Listed below are the steps to apply for financial aid.

Step 1: Apply for admission to the graduate program

Prospective students who apply for financial aid should also apply for admission to the University of South Florida. You are not required to wait for formal acceptance to USF to apply for financial aid. It is always recommended to apply early for both financial aid and admission.

Step 2: File a FAFSA

Complete the following:

  • A new FAFSA should be completed each year. USF's priority deadline is January 1st for the following fall. Apply online at www.fafsa.ed.gov. Applying by the deadline allows you the best opportunity to be considered for the most aid types possible.
  • Use our Federal School Code – 001537


When filing the FAFSA on-line, you will receive the Student Aid Report (SAR) from the U.S. Department of Education. The SAR is a summary of the information you reported on the FAFSA. Review the SAR to make sure the information you reported is accurate. If you need to make correction, please do so at www.fafsa.ed.gov using your federal PIN. The PIN allows you to access your Federal Student Aid records online and serves as your electronic signature when filing electronically.

If you have any questions, please contact the University of South Florida’s Office of Financial Aid at 813-974-4700. Additional information regarding financial aid is available at https://www.usf.edu/financial-aid/index.aspx

Financial Assistance Search Sites – There are a number of sites that can be used to search for financial assistance. Some of the commonly used sites are below: