Finance
ITU was established in 1994 as a nonprofit graduate university located in the heart of Silicon Valley. Our locale, flexible schedules, affordable tuition and internship program allows our students to immerse themselves in the bustling tech culture.
Department of Finance Services Office Hours
Fridays 1:00 pm – 5:00 pm
Tuition and Fees
Master’s Degree Programs
The following sample tuition and fees schedule applies to all students who started their program in the new curriculum in the fall trimester of 2020. Students are required to complete the 3 credit hour (1 credit hour ITU Presents and 2 credit hours) nugget courses by the end of their degree. The tuition of the 3 credit hour nugget courses should be paid in the first trimester:
| Item | FEES – 1ST TRIMESTER | FEES – 2ND TRIMESTER | FEES – 3RD TRIMESTER | FIRST ACADEMIC YEAR |
| Tuition (11) | $6,300 | $6,300 | $6,300 | $18,900 |
| Registration Fee (2, 3) | $50 | $50 | $50 | $150 |
| Technology Fee (3) | $200 | $200 | $200 | $600 |
| Student Government Association Fee (10) | $15 | $15 | $15 | $45 |
| VTA Fee (3, 4) | $45 | $42 | $42 | $129 |
| Orientation Fee (6) | $250 | $250 | ||
| Nugget Course (3 credit hours) | $2,100 | $2,100 | ||
| TOTAL | $8,960 | $6,607 | $6,607 | $22,174 |
The following sample tuition and fees schedule applies to all students who will start their program in fall 2020 in the new program. The table is for the entire Master’s program:
| Item | Fees Per Trimester | Total Credit Hours / Trimesters to Complete the Program | Total Charges Due for the Entire Program |
| Tuition (11) | $700 per Credit Hour | 39 Credit Hours / 4 Trimesters | $27,300 |
| Registration Fee (2, 3) | $50 | 4 Trimesters | $200 |
| Technology Fee (3) | $200 | 4 Trimesters | $800 |
| Student Government Association Fee (10) | $15 | 4 Trimesters | $60 |
| VTA Fee (3, 4) |
$45 (first term) $42 (remaining terms) |
4 Trimesters | $171 |
| Application Fee(3, 5) | $100 | ||
| Orientation Fee (5, 6) | $250 | ||
| Petition to Graduate | $200 | ||
| TOTAL | $29,081 |
To know more about Tuition, click on the Tuition Policy
Doctoral Degree Program
The following sample tuition and fees schedule applies for all students:
The following estimated tuition and fees table is for the Electrical Engineering or Interdisciplinary Sciences doctoral program:
| Item | Cost Per Trimester | Total Number of Credits Hours / Trimesters | Total Charges |
| Tuition (7) | $1000 per Credit Hour | 60 Credit Hours | $60,000 |
| Registration Fee (2, 3) | $50 | 14 Trimesters | $700 |
| Technology Fee (3) | $200 | 14 Trimesters | $2,800 |
| Student Government Association Fee (10) | $15 | 14 Trimesters | $210 |
| VTA Fee (3, 5) |
$45 (first term) $42 (remaining terms) |
14 Trimesters | $591 |
| Application Fee, One Time Fee | $100 | ||
| Orientation Fee (6) One Time Fee | $250 | ||
| Petition to Graduate, One Time Fee | $200 | ||
| TOTAL | $64,851 |
The above tables are based on fourteen trimesters (4 trimesters of course work (9 credit hours per trimester for a total of 27 credit hours and 3 credit hours in the 4 th trimester), and 10 trimesters of research and dissertation (3 credit hours per trimester for a total of 30 credit hours)) for Electrical Engineering or Interdisciplinary Sciences doctoral program to graduate, not including the additional expenses to be.
Total Cost for Doctorate in Business Administration Program
| Tuition Type | Cost Tuition for Entire Program |
| Total Program Tuition | $50,000 |
| Total Program Tuition (Domestic) | $37,500 |
Payment Schedule and Due Date
Tuition is divided into three annual amounts, as shown in the table below. The entire amount for the first academic year is due at the beginning of the first trimester of the student’s incoming year, with subsequent annual tuition due prior to registration of the first trimester of the following years.
| Year | Tuition Amount | Tuition Amount (Domestic) | Due Date |
| Year One | $20,000 | $15,000 | At the beginning of the trimester Prior to registration |
| Year Two | $15,000 | $11,250 | At the beginning of the trimester Prior to registration |
| Year Three | $15,000 | $11,250 | At the beginning of the trimester Prior to registration |
Doctoral Fees and Non-Refundable Fees
| Application Fee, One Time Fee |
$100 |
| Enrollment Tuition Deposit (Applied to First Trimester Tuition and Fees; Part of the Tuition Fee) | $600 |
| Registration Fee, every term |
$50 |
| Technology Fee, every term |
$200 |
| Student Government Association (SGA) Fee*, every term | $15 |
| VTA Fee, every term | $45 (first term) $42 (remaining terms) |
| Orientation Fee, One Time Fee | $250 |
| Petition to Graduate, One Time Fee | $200 |
* This fee is refundable
Health Insurance Coverage
Health Insurance Coverage is mandatory. Starting from Fall 2020, students will not be enrolled in health insurance through ITU. They should enroll in health insurance directly through JCB or provide JCB their proof of coverage prior to course registration. For more information follow the link: Health Insurance
All students are required to provide a proof of insurance coverage to the Finance Department prior to enrollment.
Tuition and Fees for Open Campus
Open Campus tuition is $2,100 per course.
Non-Program Specific Fees
All Other Non-Program Specific Fees
| Non Refundable Fees | Amount |
| APPLICATION FEE | $100 |
| ENROLLMENT TUITION DEPOSIT (APPLIED TO FIRST TRIMESTER TUITION AND FEES) (9) | $600 |
| BOUNCED CHECK PENALTY FEE (PER CHECK) | $50 |
| BANK CHARGES FOR REFUND BY WIRE TRANSFER – INSIDE USA | $100 |
| BANK CHARGES FOR REFUND BY WIRE TRANSFER – OUTSIDE USA | $125 |
| ISO PROCESSING FEE | $100 |
| DIPLOMA REPLACEMENT FEE | $100 |
| GROUND SHIPPING FEE | $25 |
| OVERNIGHT SHIPPING FEE | $50 |
| INTERNATIONAL SHIPPING FEE | Additional Charges Will Apply |
| GRADUATION FEE | $200 |
| ORIENTATION FEE (MANDATORY ONE-TIME FEE FOR NEW STUDENTS PER PROGRAM) | $250 |
| INSTALLMENT PLAN ADMINISTRATION FEE | $100 per trimester |
| EMPLOYER TUITION REIMBURSEMENT DEFERRED PAYMENT PLAN (ETR) FEE | $50 per trimester |
| LATE PAYMENT FEE 8 | $300 |
| PAYMENT SWITCH FEE | $50 |
| STUDENT ID REPLACEMENT FEE | $25 |
| STUDENT VTA REPLACEMENT FEE | $3 |
| TRANSCRIPT FEE (PER COPY) | $12 per copy + $5 processing fee per order |
| W-9S SECOND TIME SUBMISSION FEE | $50 |
Additional useful forms
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Notes
Payment by Credit/Debit Card/eCheck is subject to a 3% processing fee that will be paid to the Financial institutions that process the charges.
1 – Based on full-time registration of nine (9) credit hours. Note: tuition per credit hour is $700.
2 – The registration fee is $50 per trimester. Additional $50 ($100 total) applies to students who register for classes during the Late Registration Period.
3 – Fees are non-refundable once students register for classes, and will remain on a student’s account if the student decides to drop all courses.
4 – Nugget courses tuition fee of $2,100 should be paid in the first trimester. Nugget courses can be taken at any time in the program without additional charges if registered in the 3 credit hour nugget courses for the first time.
5 – Fees are non-refundable. ITU is required by the City of San Jose to issue VTA passes to all enrolled students. Rates are subject to change by VTA.
6 – The Orientation Fee covers the New Student Orientation event, as well as pre-arrival assistance and services. It is nonrefundable.
7 – Based on full-time registration of nine (9) credit hours for coursework (in 3 trimesters) with 3 credit hours in the 4th trimester. Full time for the dissertation portion of the program is three (3) credit hours per trimester (for 10 trimesters). Tuition is $1,000 per credit hour.
8 – Late Payment Fee will be applied one (1) month after the first day of the trimester if there is an outstanding balance on the account and the student is not enrolled in an installment plan.
9 – The Student Government Association Fee provides funding to ITU’s Student Government Association (SGA). The SGA funds are managed by the SGA, whose members are ITU students elected every year to represent the student body and to run events and activities for the benefit of all students at ITU.
10 – For the new curriculum, based on full-time registration of nine (9) or ten (10) credit hours. Tuition per credit hour is $700.
11 – If students dropped one or more credit hour(s) from the nugget courses after the first two weeks of the “add and drop” period, they are required to be enrolled in the nugget courses in another trimester and should pay the tuition fee ($700/credit hour) for the new nugget course.
Students are responsible for the payment of all tuition and fees. ITU reserves the right to adjust the above schedule of fees at any time. Refer to our website for the latest fee table.
Course Materials and Services Fees
Students may be charged fees in some courses for the use, rental, or consumption of materials, tools, or equipment, or for the costs of materials or services necessary to provide a special supplemental educational experience. For example, course materials fees may cover the purchase of chemicals and glassware for a science laboratory or art supplies for an art studio class. They might also cover film rentals, field trips, or the purchase or rental of specific equipment.
Tuition and Fees Statements
You can access your tuition and fees statement any time by logging into your MyITU portal. You can also submit a request in person at the Finance Services window, or by sending an email to bursar@itu.edu.
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