Master of Science in Technology Management (MSTM) Tuition and Fees

students walking on the quad at university of illinois
Tuition Expenses 
Estimates based on 2024-25
US ResidentsInternational students
Campus Fees

Tuition is subject to change every academic year. Visit the University of Illinois Registrar website for the latest updates.

Calculating your cost of attendance

You can use the Illinois Cost Calculator to obtain an estimate of your tuition, campus fees and other estimated costs by answering a few questions or to compare program options.

When calculating your estimated expenses for the MSTM, please select 18 credit hours when asked "How many credit hours are you or will you be taking?".


Applicants offered admission to the program must submit a non-refundable deposit of $1,000 to reserve a spot in the program. This deposit will be credited to your tuition bill after the 10th day of classes in the fall.

International applicants: For financial verification purposes, international applicants who are admitted are required to verify funding for the first 12 months, including tuition and other estimated living expenses, with the Declaration & Certification of Finances Form. A list of additional living expenses is available at the Office of the Registrar

Scholarship Opportunities

Gies College of Business offers a limited number of merit and need-based scholarships for qualified students. All students who plan on enrolling for fall terms are eligible to apply. Recipients will be selected based on need, academic standing, and essay submissions. To apply, follow the essay instructions found on the admissions page. Scholarship essay submissions must be received with the application for full consideration for scholarship.

Gies+ Scholarship

Students who are currently earning a master’s degree at the University of Illinois Urbana-Champaign outside of Gies College of Business can receive a second graduate degree from Gies Business in conjunction with their primary degree. In as little as nine months, you can combine your passion for academic disciplines like engineering, human resources, law, advertising, architecture, healthcare, and social work with your interest in business.

Students who apply for the Gies+ scholarship are eligible to receive up to a $10,000 tuition discount once they are admitted into one of the participating Gies Business programs. Learn more about the Gies+ Scholarship.

Apply to the MSTM program today!