Cost | Minneapolis College of Art and Design


An MCAD education is an investment that will help you achieve your career goals. The Graduate Admission and Financial Aid Offices at MCAD are committed to assisting you in finding ways to make your chosen program affordable. Review the full cost of an MCAD education, prior to your financial aid.

2023/24 Academic Year
Tuition Per Semester Per Year
12-18 Credits $21,687 $43,374
1 Credit (if fewer than 12 or more than 18) $1,807 N/A


Fees Per Semester Per Year
Student Activity Fee $100 $200
Technology Fee $125 $250
Health Insurance (Optional) TBD TBD
Textbooks and Supplies (estimated) $1,820 $3,640
On-Campus Housing Per Semester Per Year
Housing Deposit N/A $350
Apartment Rental (per student, duration of 2022/23 academic year) $2,050-$6,875** $4,100-$13,750**
Required Resident Meal Card $1,400 $2,800
One Time Payment for New Students
Enrollment Tuition Deposit (credited to your tuition bill upon enrollment) $300


*Anticipated cost but subject to change

**Student Housing charges vary based on type of unit and number of occupants and can be viewed on myMCAD. Students are charged by the semester and payment is due with the tuition bill prior to the start of the semester. Listed rental charges include internet service, laundry machine usage free of charge, and all utilities, except long-distance phone service. Contact the housing office for more information.

Financial Aid

Several financial aid options are available to Master of Fine Arts students, such as grants, scholarships, graduate assistantships, and more.