Tuition & Billing

Tuition and Fee Rates

Tuition and fees for the Master of Health Care Innovation are based upon course units (CUs). Courses are worth 1.0 CU (for core courses and elective pairs) or 0.5 CU (for labs). Students will complete 11 CU total throughout the program. The total cost for the full degree program based on current estimated rates is approximately $63,000. The degree may be completed in 20 months or over a 3-year period. Please keep in mind that rates are subject to change.

Rates for the 2020–2021 academic year, per course unit (CU).
Tuition and Fees per 1 CU Amount
Tuition $5,428
Online services fee $136
Technology fee $150
TOTAL $5,714

For the 2020-2021 academic year the MHCI Seminar will be virtual. When the Seminar is held on campus, room, board, and conference activities will be covered by the program. Transportation to and from Philadelphia for the Seminar, as well as incidental expenses, are the responsibility of each student. Details will be provided to the cohort during the summer.

Billing Procedures

Each semester, students register for courses online through Penn InTouch (PennKey login required). The Office of Student Registration & Financial Services sends bursar bills to students after course registration has been processed. Bills are delivered via email on a monthly schedule. You can pay your bill online, by mail, in person, or via wire transfer. Billing questions can be addressed to Student Financial Services at 215-898-1988.

Email is the primary mechanism for sending official communications, including billing notifications, to Penn students. Please be sure that your email address is up-to-date in the Penn Directory (see Update Directory Listings).

Pay Your Bill

Financial Aid

Students may consider seeking funding support from their employers, through tuition benefits. Various types of loans, both federal and private, may be available to Master of Health Care Innovation students who are U.S. citizens. MHCI students who are U.S. citizens or permanent residents enrolled at least half-time may be eligible for the Federal Direct Loan program on the standard 20-month track. For most semesters of the 3-year extended track, you will not be eligible for Federal Financial Aid, which requires a minimum of 2.0 CU per semester. Learn more about financial aid at

Aid eligibility for the standard 20-month track

Term # CUs ENrollment Status Eligible for Federal Loan?
Fall 2018 2.5 Half-time Yes
Spring 2019 2.5 Half-time Yes
Summer 2019 2.0 Half-time


Fall 2019 2.0 Half-time Yes
Spring 2020 2.0 Half-time Yes

International students may apply for various private loans, but will usually need a U.S. co-signer to do so.

Veterans may be eligible for financial support through the Yellow Ribbon Program.

For more information about financial aid, please contact Penn's Student Financial Services office at 215-898-1988.

Learn about Financial aid