Graduate Tuition and Financial Aid​

The Costello College of Business offers world-class graduate programs with affordable tuition rates and many opportunities for financial support.

George Mason University is Virginia’s leading university for value and upward mobility and ranked in the top 25 nationally for innovation according to U.S. News & World Report’s Best Colleges 2025. 

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Regional Pricing Policy
At the Costello College of Business, graduate students residing in Virginia, Washington, D.C., or Maryland can qualify for in-state tuition rates.

Tuition, Fees, and Other Figures

Current and incoming students, please visit the Student Accounts website to have most of your questions answered. 

  • Enrollment Deposit: All new masters and certificate students must pay a $500 non-refundable enrollment deposit, which is used to reserve your seat for the term to which you applied and is applied toward your tuition. All applicants under the following categories will automatically have their enrollment deposits waived: Bachelor’s/Accelerated Masters (BAM), George Mason Employees, Refugees, Student/Athletes, and US Military Active Duty & Veterans.  

  • Graduate New Student Fee: This is a mandatory, non-refundable, one-time $60 fee. The fee is charged to the account of every newly admitted, degree-seeking student at the time of registration, regardless of orientation attendance or enrollment status. 

  • Per Credit Tuition & Fees: Tuition and the Mandatory Student Fee is billed per credit hour. If a student is a resident of Virginia, Maryland, or Washington, D.C., in-state tuition rates will apply. For all other students, out-of-state tuition rates will apply. Tuition rates and fees are subject to change. The Mandatory Student Fee supports the maintenance of facilities and buildings, auxiliary services, intercollegiate athletics, campus shuttle, academic services, student activities, and health services.  

  • Course Materials: Depending on program, graduate business students may spend up to $150 on course materials for each course, although the cost is often lower. These materials include textbooks, case studies, specialized software, business simulations, and professional development and experiential learning resources, which are essential for gaining practical skills and real-world insights. 

  • Health Insurance:  George Mason University makes health insurance available to eligible students through Aetna Student Health. The Student Health Insurance Plan has been developed especially for Mason students; however, individual students might benefit from other policies. The plan provides coverage for illnesses and injuries locally and when you travel either domestically or abroad and is accepted by many local healthcare providers. The student health insurance plan is structured to meet federal mandates set forth by the Affordable Care Act. Domestic student premiums can be found here

    George Mason University requires J-1 and F-1 visa status students to have health insurance coverage under University Policy. The Insurance Office will automatically enroll F-1 and J-1 visa students into the school selected health plan. International student premiums can be found here.

Scholarships

All Costello College of Business Master’s programs review candidates for scholarships during application review. For some awards, candidates are notified with their Offer of Admission letter. For scholarships and awards available to students based on their program, please see the Graduate Scholarships page.  

FAFSA

The Office of Student Financial Aid is available to assist with the financial aid process. If you’re a US Citizen or Permanent Resident interested in applying for federal financial aid, complete the Free Application for Federal Student Aid (FAFSA). For more information, please visit How to Apply for Financial Aid

Military Benefits

George Mason University and the Costello College of Business are proud to welcome veterans, active-duty service members, guardsmen, reservists, and their dependents. Our dedicated Office of Military Services will connect you to a variety of services, including counseling and advising on benefits, academic and admissions requirements, and career transition guidance. George Mason University is a participant of the Yellow Ribbon Program, a provision of the Post-9/11 GI Bill® that provides opportunities for eligible military members to have up to 100% of their tuition covered. 

Other Funding Options

Graduate Assistantships and Student Work Positions - Student positions are available to new students after they have accepted their Offer of Admission. These positions can come in several ways including part-time student wage work, GTAs (teaching assistantships), GRAs (research assistantships), or GSAs (student assistantships). To learn more about On-Campus Jobs and Student Work Positions, visit the Office of University Career Services. For Graduate Assistant positions, more information will be available after admission.   

Graduate Fellowships - Graduate fellowships are awards that provide support to master’s and doctoral students for research, writing, fieldwork, language study, professional development, or independent projects undertaken in conjunction with a degree program. To learn more about Mason Graduate fellowships, visit the Office of Graduate Fellowships.  

Tuition Reimbursement - Some employers offer tuition reimbursement for staff members to encourage retention and/or promotion within the company. Check with your organization’s Human Resources to see if there are tuition reimbursement benefits available as a part of your employment package.  

Corporate Partners Program – Employees of the Costello College of Business Corporate Partners are entitled to tuition discounts on their graduate education. If you are an employer or an employee interested in becoming a Corporate Partner, please contact Sarah Casey, associate director of corporate and foundation relations. 

Professional Connections – The Costello College of Business Graduate Programs has connected with employers throughout the DC Metro Area to provide tuition assistance to their employees. If you are an employer or an employee interested in creating a graduate professional connection, please contact Kevin Connor, director of graduate enrollment. 

Academic Connections - Costello College of Business Graduate Programs has connected with academic institutions throughout the region to provide tuition assistance to recent graduates of their institution. If you are interested in creating a graduate academic connection for recent graduates of your institution, please contact Kevin Connor, director of graduate enrollment.