Tuition

Information about tuition for the Penn State Smeal Real Estate Analysis & Development Master's Programs

Tuition for students in the Penn State Smeal Real Estate Analysis & Development Master's programs is determined by the University and is based on the graduate rate for students in the category of Business, EMS, Science, IST, and Engineering. Fall and spring semesters are billed on a per-semester rate, while summer is billed on a per-credit basis.

A non-refundable deposit of $500 is required to accept an offer of admission to our real estate programs. This deposit will be credited toward your fall tuition payment.

2021-2022 Estimated Expenses
Expenses PA Resident Non-PA Resident
Summer Tuition 
(Part-Time Per Credit)
$1,024/credit $1,701/credit
Fall Tuition 
(Full-Time Per Semester)
$12,293/semester $20,406/semester
Spring Tuition 
(Full-Time Per Semester)
$12,293/semester $20,406/semester
Software and ARGUS exam $570 $570
Student Fees $530 $530
  Estimated Total: $32,854 Estimated Total: $53,819

Tuition rates are set by the University in mid-summer and are subject to change. To calculate tuition using the current year’s information, please use the Penn State Tuition and College Cost Calculator.