Tuition and Financial Aid


Program tuition for the 2020-2021 academic year is $29,088 per semester taken at the university*. In general, completion of the 30 required credits over three semesters would result in a total tuition cost of $87,264. Please note that the internship courses do not incur tuition charges.

*The Master of Engineering in Financial Technology has a separate tuition structure due to its summer start. Learn more.

2020-2021 Tuition, Fees, and Estimated Expenses for one year of study

Tuition $58,176 ($29,088/semester)*
Health Fee $858*
Health Insurance $3,900**
Graduate Student Activity Fee $38*
Graduate Student Services Fee $20*
Transcript Fee $120*
Recreation Fee $332*
Room $10,404
Board $3,330
Books $624
Transportation and Misc. $5,256
TOTAL $83,058

*Tuition, fees, and estimates subject to confirmation each May.

** Required unless you can show proof of comparable private insurance coverage.

Domestic students can estimate $598 in loan fees per semester if securing student loans.

The normal program duration is one and one-half years of study (3 semesters).

The normal load is 4 courses (12 units) per semester in the first year.

There is no charge for Registration for students in the Master of Engineering program.

Cost of Living

The cost of living is estimated for 2020-2021 academic year. The actual cost of living depends on individual lifestyle. Cost may also differ for international students.


Tuition is charged on a per semester basis. The tuition per semester for 2020-2021 is $29,088.

Transcript Fee

All entering students will be charged in the fall semester a one-time mandatory fee of $120* for transcripts. This fee entitles the student to an unlimited number of Duke transcripts.

Student Health Fee

All students are assessed a fee each semester for the use of the Student Health Service.  The fee is estimated $429* per semester and is distinct from the health insurance; it does not provide major medical coverage.

Health Insurance

Students will be charged for health insurance in the fall semester, unless proof of other health insurance is provided. For 2020-2021, the Student Health Insurance is estimated to be $3,900*. Information on the coverage provided by this insurance is available from the Office of the Bursar.

Graduate Student Activity Fee

All graduate students will be charged student activity fees of $19* per semester.

Graduate Student Services Fee

All graduate students will be charged a fee to support Graduate student services.

Recreation Fee

All graduate students will be charged a recreation fee of $166* per semester for the use of on-campus facilities.

Audit Fees

Auditors are permitted on a space-available basis with the consent of the instructor. Students who pay by semester can audit courses at no additional cost. Students who pay by unit/course must pay a fee to audit courses. Note that some Physical Education courses may incur additional fees even if the student is auditing at no cost.

Vehicle Fee

Students should contact the University Parking Services Office (919-684-7275) regarding parking.

Payment of Accounts

The Office of the Bursar will issue invoices to registered students for tuition, fees, and other charges approximately four to six weeks prior to the beginning of classes each semester. The total amount due on the invoice is payable by the invoice late payment date which is normally one week prior to the beginning of classes. A student is required to pay all invoices as presented and will be in default if the total amount is not paid in full by the due date. A student in default will not be allowed to receive a transcript of academic records or receive a diploma at graduation. Inquire at the Bursar’s Office (919) 684-3531, for information on the following: Monthly Payment Option; Late Payment Charge; Refunds for Withdrawal from School during fall and spring semesters.

Download Estimate of Tuition, Fees, and Expenses for one year of study

Download 2020-2021 Campus Program Tuition, Fees, and Estimated Expenses for one year of study.


Financial Aid

The Pratt School of Engineering's Policies and Procedures Manual for Financial Aid can be downloaded here. Limited financial aid is available to highly qualified candidates through academic scholarships with an emphasis on increasing diversity within the program.

  • Underrepresented minorities may receive up to 50% per year in tuition scholarship through our Diversity Scholarships.  

We also offer support to recipients of select competitively externally funded scholarships, such as

  • National Science Foundation (NSF) Fellowships
  • Fulbright Scholar Program


Because the Master of Engineering Program is a professional degree rather than a research degree, most students pay their own tuition costs. Many students take out loans and feel there will be an excellent "return on investment" when they get out into the work force.

US citizens and eligible non-citizens are able to borrow through the Federal Stafford Loan Program. Applicants for assistance through this program must file a Free Application for Federal Student Aid (FAFSA), which may be completed online at When completing the online form, students will be asked for Duke’s school code; it is 002920.

Maximum eligibility under the Stafford Unsubsidized Loan Program is $20,500 per year. For further information on the FAFSA and the Stafford Loan Program, please call 1-800-433-3243.

International applicants are not eligible for Federal loans; however, many international students take out loans in their home countries, and some US banks may offer loans to international students for study in the US. 

Duke University maintains information on lenders for citizens, permanent residents, and non-US citizens - see this information here.

Students awarded Federal loans must make satisfactory academic progress toward their degree. Guidelines may be found here.

On-Campus Work

While enrolled in the program, many students work in a variety of places, such as campus libraries and various departments within Duke University. Teaching assistantships are available in various departments, and some departments have research assistantships as well.

These positions are paid an hourly rate, and most students work between 10 to 20 hours per week. Positions are generally posted and filled just a week or two before classes begin each semester.

DoD SMART Scholarship Program

(US Citizens only)

The Science, Mathematics And Research for Transformation (SMART) Scholarship for Service Program has been established by the Department of Defense (DoD) to support undergraduate and graduate students pursuing degrees in Science, Technology, Engineering and Mathematics (STEM) disciplines. The program aims to increase the number of civilian scientists and engineers working at DoD laboratories.  Read more...

VA Benefits

Duke University offers information for veterans who are applying for VA benefits, including the Yellow Ribbon Program.

External Funding Opportunities

We have compiled a list of external funding opportunities.