Graduate school is a valuable investment in your future, and there are a variety of ways to support your education. Students typically fund their studies through a combination of departmental scholarships, student loans, and graduate employment opportunities.
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Tuition and Fees
The following outline of the estimated tuition and fees for the 2025-2026 academic year is offered as a general guide for planning purposes only and is based on University-approved allowances for living expenses incurred during the academic year.
The University of Virginia’s budget for tuition, fees, and living expenses for the 2026-2027 academic year is set by the Board of Visitors in December 2025.
| Cost of Attendance | In-State | Out-of-State & International |
|---|---|---|
| Tuition | $45,000 | $51,750 |
| University Fee | $3,722 | $4,404 |
| Commerce Activity Fee | $100 | $100 |
| Student Activity Fee | $58 | $58 |
| Books and Supplies | $968 | $968 |
| Charlottesville Living Expenses* | $12,642 | $12,642 |
| Berlin Living Expenses | $10,000 | $10,000 |
| SIP Living Expenses | $2,600 | $2,600 |
| Insurance** | $1,630 | $1,630 |
| Travel (airfare, visa, etc.) | $2,000-$2,500 | $2,000-$2,500 |
*Estimated for the 2025-2026 academic year and subject to change. Rent and utility figures are calculated for a single student sharing a two-bedroom apartment. (Global House is one housing option for M.S. in Global Students in Charlottesville, at a cost of $4,600 per semester for double occupancy and $6,000 per semester for single occupancy.) This budget does not include allowances for car payments, undergraduate debt, or consumer and other types of personal debt. The typical living costs budget is expected to increase by approximately 3% for 2026-2027.
**Estimated 2025-2026 cost if insurance was purchased through the University of Virginia. Students may be covered under a parent’s policy or a personal policy. If this coverage meets minimum requirements, then the UVA policy may be waived in July. The final 2025-2026 insurance rates will be available in late summer.
Funding Your Degree
Graduate study is a significant investment, and we're committed to helping you explore a range of funding options. From departmental scholarships to financial aid and graduate employment, there are multiple ways to support your education.
Departmental Scholarships
McIntire awards scholarships to incoming students who demonstrate:
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Exceptional academic achievement
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Unique personal or professional backgrounds
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Distinct perspectives
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Leadership or leadership potential in the face of adversity
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Financial need
Approximately one-fourth of M.S. in Global Commerce students receive a departmental scholarship, with awards typically ranging from $2,500 to $10,000+. To be considered, submit your scholarship application as part of the program application. Priority will be given to those who apply by the Feb. 1 deadline. Requests for scholarship consideration received after the deadline will be considered if funding remains available.
Graduate Student Employment
Many M.S. in Global Commerce students choose to work part time while completing their degree. On-campus job opportunities are posted through Handshake, UVA’s job platform, typically over the summer. Positions may include:
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Research or course assistance with faculty
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Tutoring
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Departmental support
Graduate interns are paid an average of $13 per hour and typically work 5-15 hours per week.
University Financial Aid Resources
UVA’s Student Financial Services provides support in meeting financial obligations through various programs:
Federal Financial Aid
Graduate students are considered independent and must submit both:
- The Free Application for Federal Student Aid (FAFSA)
- The UVA Financial Aid Application (UFAA), available in your Student Information System (SIS) account once your FAFSA is received
Tip: Complete both forms early. The FAFSA becomes available each year on Oct. 1.
Loans
Both need-based and non–need-based loan programs are available. UVA can guide you through:
- Federal loan eligibility
- Understanding loan terms
- Commonly used private loan options (Note: UVA does not endorse specific private lenders.)
Veterans Benefits
UVA proudly supports veterans, service members, and their families through a dedicated team in the Office of the University Registrar, which serves as the liaison to the U.S. Department of Veterans Affairs. For assistance, contact veteransbenefits@virginia.edu.
Private Loans
The Office of Student Financial Services can help families understand the key features of various funding programs and explain how the application process works. While the office can share information about private loan options commonly used by UVA students, it does not offer specific recommendations. Families are encouraged to evaluate options based on their individual financial circumstances and needs.
Tuition Payment Plan
UVA offers an interest-free semester-based payment plan to help families spread out tuition payments. Details are available through Student Financial Services.