Tuition and Financial Aid

The Master of Health Administration program requires a total of 44 to 48 credits to be completed for graduation. The tuition for the 2020-2021 academic year is $1,350 per credit. There is a one-time $500 program fee (covers cost associated with assessment tools, some course materials, memberships with professional associations (ACHE/HLNY), and certifications in Lean and Project Management); however, tuition costs and fees may change annually.

Anticipated Program Costs (2021):

  • $80 application fee
  • $500 program fee (one time charge)
  • $1,350 per credit tuition rate
  • $33 technology fee (assessed each term)
  • $2,250 estimated for texts, books, subscriptions, and supplies for the entire program

Tuition and program fees do not include:

  • Books and subscription materials
  • Travel costs
  • Room and board for in-person seminar sessions at the School’s New York City campus

You will receive an invoice for tuition (assuming you have registered for classes) one month before classes begin through the Student Information System. We will send an email notification that the invoice is ready for viewing, noting timing for payment in advance of the first day of classes.

Financial Aid

Students in Master's programs may apply for the Stafford Unsubsidized and GradPlus loans. Eligible amounts vary. Bear in mind that the GradPlus Loan requires a credit check.

If you are interested in this type of aid you will need to file:

  • The Icahn School of Medicine Institutional Application for Financial Assistance
  • Free Application for Federal Student Aid (FAFSA) (ISMMS code is G07026).
  • This aid takes into account your (and your spouse's, if married) income/assets.

For additional information on:

  • Institutional Scholarships and Loans
  • Private Scholarships and Loan Forgiveness Programs
  • Federal Work - Study Program and Student Research
  • Federal Direct Loan Program (Unsubsidized and Graduate PLUS loans)

Visit the Office of Student Financial Services website

Federal Work Study

Federal Work-Study provides part-time jobs for graduate students with financial need, allowing them to earn money to help pay education expenses. +The program encourages community service work and work related to the student’s course of study.

Scholarships for Students in Health Care Management Programs

As an added benefit of enrollment, students in the Master of Health Administration Program are provided with fully subsidized, annual Student Associate Membership to The American College of Healthcare Executives. ACHE is an international professional society of more than 48,000 healthcare executives who lead hospitals, healthcare systems and other healthcare organizations. 

ACHE is known for its prestigious credentialing and educational programs, and its magazine and journals. ACHE takes pride in providing exceptional value to its members and has made several scholarships available to help future healthcare leaders.

Membership benefits:

  • Financial Assistance including:
  • Scholarships - the Albert W. Dent and Foster G. McGaw Graduate Student Scholarships each have a value of $5,000. Each year ACHE awards up to a total of 15 scholarships.For additional information and eligibility requirements, visit the ACHE website
  • Directory of Postgraduate Administrative Fellowships
  • Healthcare Executive Career Resource Center Services specifically for students: CareerEDGE®–SE, Your Career as a Healthcare Executive
  • Other valuable services: Resume Review/Critique, leadership and personality assessments
  • ACHE Employment Service: Job Center and Resume Bank
  • ACHE Diversity Internship
  • Stuart A. Wesbury Jr. Postgraduate Fellowship
  • Richard J. Stull Student Essay Competition in Healthcare Management – Winning entries will each receive $3,000 and the second and third place entries will receive $2,000 and $1,000 awards, respectively.
  • Publications and Newsletters
  • Networking
  • Online resources

Health Care Leaders of New York (HLNY) Scholarships

HLNY is the local, New York Metropolitan chapter of ACHE. Through HLNY, ACHE members have access to local professional development and networking events, mentoring, and career services which include a jobs data bank and resume support.

Each year HLNY provides two, $1,500 scholarships to eligible students enrolled in MHA, MPH, MPA and MBA (health concentration) graduate programs. For details and eligibility click here

AUPHA Sponsored Scholarships

The Association of University Programs in Health Administration (AUPHA) is a global network of colleges, universities, faculty, individuals and organizations dedicated to the improvement of health and healthcare delivery through excellence in healthcare management and policy education. Its mission is to foster excellence and drive innovation in health management and policy education, and promote the value of university-based management education for leadership roles in the health sector. It is the only non-profit entity of its kind that works to improve the delivery of health services – and thus the health of citizens – throughout the world by educating professional managers. AUPHA's membership includes the premier baccalaureate, Master's and doctoral degree programs in health administration education in the United States, Canada, and around the world. Its faculty and individual members represent more than 400 colleges and universities.

Bachrach Family Scholarship for Excellence in Healthcare Administration

This scholarship was established to create an endowed scholarship with the intent of creating a durable legacy to the education of students in areas and at institutions that contributed to the success of David and Linda Bachrach.

Bugbee-Falk Book Award

In recognition of the lifetime accomplishments of George Bugbee and Isidore S. Falk, M.D., AUPHA annually bestows the Bugbee Falk Book Award to a group of outstanding students in our member programs. 

Corris Boyd Scholarship

The Corris Boyd Scholars Program was established in honor of a healthcare leader who dedicated his life to diversity and excellence in leadership – especially among people of color.

David A. Winston Scholarship

Ten $10,000 scholarships are awarded to deserving students who demonstrate a commitment and potential to succeed in health policy following their graduation from a health administration/policy master’s program.

Foster G. McGaw Scholarship

AUPHA full member programs select deserving students each year to receive scholarship funds towards their pursuit of a health administration education.

Upsilon Phi Delta Scholarship Program

UPD chapters select several inductees to receive five hundred dollar scholarships to recognize and reward academic excellence.

Other Scholarships

Careers at Mount Sinai - Over 42,000 Employees Strong!

Employment at Mount Sinai is another resource to financing your graduate degree. Mount Sinai is among New York City's largest employers, with 42,000+ team members in both clinical and non-clinical roles throughout our eight hospital campuses and world-renowned medical school. We are one of the metro area's largest health care providers, with hundreds of ambulatory, primary, and specialty care facilities across the five boroughs, northeastern region and beyond. Full-time staff receive tuition reimbursement that can be applied toward the program tuition. For more information visit the Mount Sinai Careers website.