Costs & Funding

Your RIT graduate degree is an investment that will provide lifelong returns. RIT has a long history of providing high quality academic degrees that offer applied research and real world experiences to prepare you for career success. You’ll join our network of 120,000 alumni living and working worldwide, where 97% of our graduate students are employed within 6 months of graduation.

Tuition & Fees

The RIT graduate tuition rate is $1,815 per credit hour. The cost of your graduate degree is based on the number of credits required to complete the degree. Estimate of the cost of your degree by multiplying the number of credits in the degree program by the cost per credit hour. See our Student Financial Services for more information.

Tuition Example: MS Information Technology – 30 credit hours $1,815 x 30 = $54,450
A student who earns a 20% scholarship would receive a scholarship of $10,890, reducing the cost of the degree to $43,560.

Fees: RIT charges a graduate student activities fee of $137 per semester for full-time graduate students.

Living Expenses: Costs will vary depending on where you choose to live, estimated average approximately $12,274 per year. Students have the option of staying on campus or off-campus; off-campus may be less expensive, but also may be less convenient so be sure to weigh the trade-off between convenience and cost when considering housing options. Learn more about on-campus housing.

Health Insurance: RIT requires all graduate students to carry medical insurance, international students will automatically billed for health insurance at a cost of approximately $1,800 per year.



Graduate Student Funding

Graduate Scholarships

Scholarship awards are made by the academic department at the time you apply for admission, are based on academic excellence, and vary by student and department. Awards are typically made based on a percentage of tuition and are renewable each year as long as you meet expectations for academic performance. You will be considered for a graduate scholarship as long as you answer “yes” to that question when you submit the application for admission.

Graduate Assistantship

Many of our full-time graduate students are awarded assistantships for teaching, research, or administrative work. Graduate Assistants receive wages (hourly wage determined by the department making the appointment) in exchange for work performed. Some graduate students also receive tuition remission (funding toward tuition) in addition to receiving wages for assistantship duties. Contact your graduate program director for more information about opportunities in your department.

Campus Jobs

Graduate students who are studying full-time may apply to work part-time on campus through RIT Student Employment. RIT has more than 9,000 campus jobs available each year, and students work 10 – 20 hours per week. http://www.rit.edu/emcs/seo/

Cooperative Education

Many graduate students gain valuable work experience through cooperative education (coop) —paid work assignments with corporations and organizations around the U.S. and abroad. Coop typically begins after at least 9 months of full-time study, and allows students to spend one or more semester employed in a full-time, paid position related to their academic program. Tuition is not charged while students are employed and not attending classes, and many student use coop earnings to help finance their education. Each year more than 3,600 students complete more than 5,300 work assignments with more than 1,900 companies and organizations from small start-up firms to Fortune 500 corporations. Last year those students generated more than $45 million in earnings through their employment with industry, business, government, and the not-for-profit sector throughout the U.S. and in 40 foreign countries. Click here to learn more about coop opportunities in your degree program.

Educational Loans

Graduate students who are U.S. Citizens and permanent residents and are enrolled in 6 or more credits per term may apply for educational loans from several sources: federal programs and alternative (non-federal) programs. Loans are an invaluable resource for students because repayment begins 6 months after you leave school and is traditionally scheduled over a ten-year period beginning 6 months after you leave school. Visit http://www.rit.edu/emcs/financialaid/graduate_domestic.html for more information.

Military and Veterans Benefits

RIT is proud to partner with the US Department of Veterans Affairs in administering the Yellow Ribbon program and other tuition benefits that provide qualified veterans with up to 100% tuition coverage for graduate programs. Learn more about for military & veterans benefits.

Employer Sponsored Tuition Plan (ESTP)

Many graduate students receive tuition benefits from their employer and qualify for the RIT Employer Sponsored Tuition Plan. RIT extends a full semester payment deferment to students from participating firms. Learn more about ESTP.

Professional Re-employment Education Program (PREP)

An RIT program designed to assist qualified dislocated workers who have lost their jobs as a result of economic or business conditions. Qualified individuals may receive 60% of their tuition costs for up to one year. Contact us about PREP.