Tuition and Financial Aid

Financing an Investment in Yourself

A Berkeley MFE degree is an investment in yourself. We know that financing any major investment can be challenging, and we are committed to helping you explore all the financing options available, including scholarships and loans. We can help you build a financial bridge between your MFE tuition costs and your career goals.

Estimated Costs for Class of 2022 (Spring 2021 - Winter 2022)

Tuition and Fees $76,610
**Living Expenses $33,444
Books and Supplies $952
*Health Insurance $7,419
Total Budget $118,425

The Berkeley Haas Financial Aid Office site contains the most up-to-date information about Berkeley MFE expenses. 

*Estimated Health Insurance plan costs are based on 2020-21 actual expenses.

**Estimated living expenses are based on instruction dates and do not account for periods of non-instruction such as breaks between terms or the internship period.

***AB990 Disclosure: Information about the market cost of a one-bedroom apartment in the areas surrounding campus where its students commonly reside can be found on the UC Berkeley Housing Resource page (see Off-Campus Housing> Typical Rent ranges).

Estimated Costs for Class of 2023 (Spring 2022 - Winter 2023)

Tuition and Fees $78,142
Health Insurance (Spring & Summer Only) TBC
*More Items and Costs Will Be Updated Soon!
Alexander Olson, MFE 17

Alexander Olson

MFE 17

Product Data Scientist Waymo
Mountain View, California

“At first, I had qualms about the cost versus the likely outcome my MFE degree would produce in terms of intern and job placement. When the program office laid out the potential return on my investment—which is already coming true in terms of salary and job satisfaction—the decision was obvious.”