MS in Financial Engineering Tuition and Expenses

Tuition for the MS in Financial Engineering Program

The cost for the MS in Financial Engineering Program is $1,500 per credit hour.

Orientation fee: $100
Wellness fee: $100/semester, $200/year (fall, spring)

Note: Tuition rates are for full and part-time students for the 2022-2023 academic year.


Tuition Payment

Tuition is due prior to the first day of class. A payment plan is available. Billing details can be found at the Bursar's Office website. 


Financial Guarantee (International Applicants Only)

International applicants who accept the offer of admission must submit an original or notarized financial guarantee demonstrating sufficient funds to meet educational expenses for the first year of study. Scanned copies of the original bank statement or bank letters are acceptable. The financial guarantee should be no more than 6 months old. Applicants must include a letter of sponsorship if the expenses will be paid by someone other than themselves. The minimum amount to show solvency for immigration documents is $49,744 and includes the following costs.

Tuition & Fees (18 credits + Orientation Fee + Wellness Fee)  $27,300
Health Insurance & Other Expenses $4,404
12 Month Living Expenses $18,040
Total $49,744

Please note: $49,744 is the minimum amount for immigration purposes. Actual expenses may be greater. 


I-20 Immigration Information



The Office of Housing Services maintains graduate student housing in the Saucon Village Apartment Complex and at Packer House. More information can be found on the Housing Services website.

The office also maintains lists of off-campus apartment listings, which can be found by emailing

The Office of Graduate Student Life website contains comprehensive information on temporary and permanent housing, roommate forums and finders, a list of off-campus apartments, and links to local newspaper classifieds. Information on leases and city inspections may be obtained here too.


Health Insurance

Lehigh University requires all full-time (registered for at least 9 credits)  and certified full-time graduate students to have health insurance. Lehigh offers students a health insurance plan through University Health Plans.  All international graduate students with F-1 or J-1 visa status must purchase the student health insurance provided by Lehigh University. Domestic students may waive the requirement to purchase this insurance by following the procedures outlined on the University Bursar's website.  

The cost for AY 2022-23 is $2259.00 for coverage from 8/15/2022 to 8/14/2023.  See the links below for plan costs and deadlines if the student’s program start date is other than the fall semester. Students in programs that start in Summer Session II (1-MBA and MS in Business Analytics) should select the option to add additional months.  Students must be registered for courses in order to enroll in the university’s plan.

Part-time students are not eligible to purchase insurance through Lehigh University's student plan.

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