Tuition & Aid

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Tuition & Financial Aid

2023-2024 Tuition and Fees

Direct Costs

These items are directly charged by Randolph College. You will see these on your billing statements. This figure is before any financial aid (scholarships/grants, loans, etc.) is applied.

  • Tuition: $567.86 per credit hour*
  • MFA Student Fee: $350 (Each Semester)
  • MFA Residency Fee**: $285 (Each Semester)
  • Housing: $675 (Required, Winter Residency)
  • Showcase Residency Fee: $1,400 (During 5th Semester Residency Only)
  • Student Health Insurance: $4,366 (If not covered, charged only once per year)
  • Parking Registration Fee (Optional): $100

* Students enrolled in the Masters in Fine Arts in Theater program typically take 14 credit hours a semester, which results in a $15,900 annual tuition cost.  Two-Year Program Total = $36,000.

** Residency fee covers breakfast, lunch, and some activities.

Variable Expenses & Indirect Costs

These items are NOT charged by Randolph College and are other education-related expenses. These amounts are based on averages for students in the MFA program at Randolph College and can vary based on your needs.

  • Housing: $250 (Optional, Summer Residency)
  • Books, Course Materials, Supplies, and Equipment: $300 (Each Semester)
  • Transportation: $1,000 (Each Semester)
  • Personal Expenses: $915 (Each Semester)
  • Housing Allowance $4,560 (Each Semester)
  • Food Allowance: $2,940 (Each Semester)
  • Loan Fees: $108 – $158 (Each Semester, depends on loan type)

Scholarships & Financial Aid

The Randolph College MFA program is committed to supporting our students by developing grants and scholarships.

The limited scholarships available are awarded on a combination of merit and need, and with awareness that it is good for our community to maintain an aesthetically and socially diverse community of literary artists.

We provide a comprehensive program of financial assistance.

When applicants are admitted to the program and have completed their financial aid forms, the financial aid office reviews each student’s financial aid application and determines the assistance available.

All new MFA applicants who complete their FAFSA paperwork will be considered for financial aid and scholarships.

The most common form of assistance available to graduate students is the William D. Ford Federal Direct Loan Program, from which qualifying students may borrow amounts covering the full cost of tuition, fees, and approved housing.

The FAFSA form, available at, is the first step in applying for federal aid.

The Randolph College federal code number is 003734.

To be considered for any grants or scholarships that are provided by the MFA program, students must complete the FAFSA form.

Helpful Links

Pay Enrollment Deposit

(Admitted MFA Students Only):
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