The statement is true. Choose a maximal ideal and write , a field extension of . Taking the quotient by gives
so is a finitely generated algebra over , and therefore over .
By finite generation descends along a field extension, is finitely generated over . Indeed, collect the finitely many coefficients from occurring in a finite set of -algebra generators of . If is the -subalgebra generated by those coefficients, then ; because a field extension is a faithfully flat module, . Interchanging and proves that is also finitely generated.