Overview

As the cost of education rises, it can be difficult to find affordable master’s programs. That said, there are many affordable programs that are still rewarding. While students should always look for schools with programs that best suit their needs first, considering price is still an important part of finding a beneficial program. The key is to find a program that will offer a return on investment within an acceptable time frame.

Students don’t need to worry that a less expensive school will offer a worse educational experience. Just because a particular program has high costs does not mean that the school is the best choice. In fact, many of the nation’s best programs in subjects such as business, English, and more are actually located at more affordable universities—the myth that ivy leagues schools are the best option for every subject has since been debunked.

Most employers and schools accept online degrees. The rise in technology means the stigma of online degrees no longer exists.

When choosing a master’s program it is important to make a decision based on the field you hope to join. These programs are designed to offer focused training for career success.

Most master’s programs take around 2 years to complete. That said, some schools require less or more time.

An advanced degree can lead to higher salaries and chances of employment. In addition, it offers the opportunity to refine your knowledge of the subject and fields that interest you.

All of this is to say that prospective master’s students shouldn’t rule out their ability to attend a rewarding graduate degree program. Financial constraints are definitely worth considering, but tuition assistance is often available in graduate programs and the investment often provides an excellent opportunity to learn with others in the field.

Most Affordable Online Masters

We took a deep-dive and analyzed every online Masters program in the nation. Below are the results of our analysis and list of the 50 most affordable online masters programs.

Read about our methodology here.
School Type
Public
Tuition
In-State: $437-$504 per credit; Out-of-State: $1,245-$1,312 per credit



NCSU provides affordable costs per credit for its more than 50 master's degree programs and includes financial assistance to help distance learners earn their degrees without breaking the bank. Whether it's aerospace engineering or statistics, graduate students receive an affordable and quality education on their schedule.

Address:

1010 Main Campus Dr. Suite 220

Raleigh, NC 27695

919-515-2872

School Type
Public
Tuition
In-State: $323-$447 per credit; Out-of-State: $777-$1,193 per credit



UN Lincoln has close to 30 master's programs and 18 graduate certificates, providing students with affordable paths to earning their degrees while continuing their full-time employment. Students can complete many of the programs fully online and receive financial support such as scholarships, federal aid, grants and loans.

Address:

305 Brace Labs

Lincoln, NE 68588

402-472-4681

School Type
Public
Tuition
In-State: $230 per credit; Out-of-State: $360-$876 per credit



OSU has more than 20 affordable graduate programs for online students, such as the Master of Science in Agricultural Education and the Master of Science in Health Care Administration. Distance learners are able to attend online classes at their convenience and also benefit from competitive tuition rates compared to students who attend classes on campus.

Address:

Whitehurst Hall 301

Stillwater, OK 74078

405-744-6368

School Type
Public
Tuition
$250-$1,172 per credit



With 35 affordable graduate degree programs, UI Urbana-Champaign is a clear choice for professionals who want to earn their degrees online. Every program, including the sought-after engineering programs, features reasonable prices per credit hour for students who would rather complete the work online than attend in-person classes.

Address:

505 E Armory Avenue, Suite 156

Champaign, IL 61820

217-244-4637

School Type
Public
Tuition
In-State: $662-$1,205 per credit; Out-of-State: $1,163-$1,706 per credit



Texas A&M offers nine colleges of higher education for students who want to earn their master's degrees in agriculture, medicine, law and more. The university not only offers affordable rates to online students but also abundant discounted services to military members, veterans and their families.

Address:

750 Agronomy Road, Suite 1501

College Station, TX 77843

979-845-1060

School Type
Public
Tuition
In-State: $379-$1,139 per credit, Out-of-State: $700-1,302 per credit



Purdue University has 21 master's degree programs available in either online or hybrid formats and with affordable rates to assist the needs of every graduate student. Financial aid through Stafford and Graduate Plus is also available to help degree-seeking students if necessary.

Address:

610 Purdue Mall

West Lafayette, IN 47907

765-494-2600

School Type
Public
Tuition
$517-$642 per credit



ISU has nearly 30 master's degree programs for online students to choose from, including 27 graduate certificate programs. The distance education courses are offered at affordable tuition rates, and the semester cost per credit is highly competitive with universities around the nation.

Address:

2433 Union Dr.

Ames, IA 50011

515-294-2331

School Type
Public
Tuition
In-State: $394 per credit; Out-of-State: $1,113 per credit



The University of Alabama has a combined 50 graduate degree and certificate programs offered through Bama By Distance. Alabama prides itself on the low tuition for the online graduate programs and offers financial assistance for every student, including military students and their families.

Address:

624 Paul Bryant Drive

Tuscaloosa, AL 35487

205-348-0089

School Type
Public
Tuition
In-State:$377-$626 per credit; Out-of-State:$452-$731 per credit



UC Denver has around 15 graduate degree programs and more than 20 certificate programs for online learners. These programs are offered at competitive tuition rates and provide an affordable way for online students to earn their degrees and certifications at a distance.

Address:

1380 Lawrence Street

Denver, CO 80204

303-315-2183

School Type
Public
Tuition
In-State: $129 per credit; Out-of-State: $553 per credit



With close to 80 graduate degree programs available, the University of Florida caters to every student from every professional background. Each online program is highly affordable and flexible for students who are currently in full-time jobs and want to complete their degrees at their own pace.

Address:

Gainesville, FL 32611

352-392-1365

School Type
Public
Tuition
In-State: $455 per credit; Out-of-State: $830 per credit



CUNY has nine fully online master's degree programs and six graduate certificate programs at affordable rates for distance learners. In fact, the graduate tuition rates are among the lowest in the Northeast when compared to other schools in the area.

Address:

119 W 31 St

New York, NY 10001

646-664-8544

School Type
Private
Tuition
Full-time: $415-$605 per credit; Part-time: $330-$615 per credit



Liberty University's 60 online master's degree programs rank highly every year for their quality, affordability and accessibility. Graduate students pay some of the lowest tuition in the country and have access to financial assistance and online support services throughout their time in school.

Address:

1971 University Blvd

Lynchburg, VA 24515

800-424-9596

School Type
Public
Tuition
In-State: $368 per credit; Out-of-Station: $1,006 per credit



The University of Missouri provides scholarships, financial aid, military benefits and more to graduate students in any of its online master's degree programs. As an added bonus, online graduate students pay the school's in-state tuition costs no matter their residency.

Address:

136 Clark Hall

Columbia, MO 65211

573-882-2491

School Type
Public
Tuition
In-State: $401 per credit; Out-of-State: $1,203 per credit



Enrolling in Auburn University's distance and continuing education courses is an affordable way to earn a master's degree without attending classes on campus. Each of its six colleges of education provides competitively priced tuition and the convenience of completing the courses in a fully online learning environment.

Address:

182 S College St

Auburn, AL 36849

334-844-4700

School Type
Public
Tuition
$500 per credit



Graduate students in CSU's online master's degree programs pay affordable tuition to attend virtual classes and enjoy the freedom to complete the courses at their own pace. With 38 online graduate degree programs, CSU has a course for most any student regardless of their profession.

Address:

2545 Research Blvd

Fort Collins, CO 80526

970-491-6909

School Type
Public
Tuition
$220 per credit



Angelo State University provides numerous financial aid and scholarship options to help graduate students attend any of the 15 online master's degree or seven graduate certificate programs. ASU provides low tuition costs as well as veterans assistance for active and former military members who want to earn their degrees online.

Address:

2601 W. Avenue N

San Angelo, TX 76909

325-942-2169

School Type
Public
Tuition
In-State: $578-$1,023 per credit; Out-of-State: $578-$1,555 per credit



West Virginia University offers more than 20 graduate degree programs in an online format, all of which rank highly for affordability and flexibility. Many of the programs feature live online sessions with only a few requiring some type of residency; however, the residencies usually only last three to four days.

Address:

Morgantown, WV 26506

304-293-5980

School Type
Public
Tuition
$417 per credit



Cal State Fresno gives graduate students a way to earn their MBA, public administration and other degrees in a convenient online learning format. These cohort programs are ranked highly for their affordability and academic excellence, providing thorough instruction to give students the skills to excel in their careers after college.

Address:

5241 N Maple Ave

Fresno, CA 93740

559-278-4073

School Type
Public
Tuition
In-State: $394-$608 per credit; Out-of-State: $1,125 per credit



The University of North Dakota offers more than 60 graduate degree and certificate programs to students from all walks of life, giving them affordable options for earning their degrees from a distance. UND keeps its graduate tuition low and provides financial assistance for anyone attending an of the highly ranked master's programs.

Address:

3264 Campus Road - Stop 9021

Grand Forks, ND 58202

701-777-2784

School Type
Public
Tuition
In-State: $489 per credit; Out-of-State: $1,028 per credit



UAF designs its online programs for busy professionals who want to earn their graduate degrees or certificates without interrupting their careers. Whether it's justice administration, special education or any of UAF's online programs, students pay affordable tuition rates and have the flexibility to complete the courses around their schedules.

Address:

1790 Tanana Loop, Bunnell Building, Suite 131

Fairbanks, AK 99775

907-474-7500

School Type
Public
Tuition
$689 per credit



The University of South Carolina's 25 online master's degree programs are an affordable option for professionals who want to earn their degrees without attending on-campus classes. USC also has many different graduate certificate programs available at low costs for professionals in most any field.

Address:

1705 College St

Columbia, SC 29208

803-777-4243

School Type
Public
Tuition
$288 per credit



With more than 20 combined online and hybrid graduate degree programs available, FHSU provides a quality education at affordable tuition rates for distance learners. From an MBA in international business to a master's in school psychology, graduate students receive low costs per credit to further their education for career advancement.

Address:

600 Park Street

Hays, KS 67601

785-628-5666

School Type
Public
Tuition
$475 per credit



Mississippi State University caters to online students, providing them with affordable rates and in-state tuition regardless of residency. Graduate students can complete any of the dozens of master's degree programs at their own pace and on their own schedule.

Address:

365 Barr Avenue

Mississippi State, MS 39762

662-325-7400

School Type
Public
Tuition
In-State: $351 per credit; Out-of-State: $481 per credit



ESU provides more than 30 different graduate programs with 33 concentrations for students who prefer to take classes entirely online. The university offers these programs at affordable and competitively priced tuition rates and provides full faculty support, financial assistance and other services throughout the students' time in school.

Address:

1 Kellogg Circle

Emporia, KS 66801

800-950-4723

School Type
Private
Tuition
$359-$699 per credit



Drury University offers outstanding learning experiences for graduate students who enroll in the online master's degree and certificate programs. Students benefit from small class sizes, affordable tuition rates, an innovative curriculum and full faculty support to assist with their college education and to help them succeed academically and professionally.

Address:

900 North Benton Avenue

Springfield, MO 65802

417-873-7879

School Type
Private
Tuition
$315-$500 per credit



The University of the Cumberlands offers more than 20 master's degree programs for professionals who are ready to take their careers to the next level. These programs are designed to be flexible and affordable thanks to competitive tuition and the school's commitment to the students' educational success.

Address:

6178 College Station Drive

Williamsburg, KY 40769

606-539-4390

School Type
Public
Tuition
$465 per credit



West Texas A&M offers 13 completely online master's degree programs for distance learners as well as a few programs that are available online with some on-campus requirements. Regardless of the program, each one is designed with affordability in mind and provides low costs per credit for graduate students in most any profession.

Address:

2501 4th Avenue

Canyon, TX 79015

806-651-2020

School Type
Public
Tuition
$383 per credit



Graduate students looking for low costs per credit hour will find them at UA Little Rock. The university takes pride in offering affordable tuition for its graduate students and provides other benefits such as low military and veteran rates, financial aid assistance, scholarships and tuition waiver programs.

Address:

2801 S. University Avenue

Little Rock, AR 72204

877-270-7838

School Type
Private
Tuition
$477 per credit



Wilmington University provides more than 20 online master's degree programs and certificate options for graduate students seeking greater education and career advancement. These online programs are available at low costs per credit and include innovative courses to challenge the students and to help them gain the skills to launch their careers.

Address:

320 N. DuPont Hwy

New Castle, DE 19720

877-967-5464

School Type
Public
Tuition
$277-$527 per credit



Georgia Southern University offers dozens of graduate degree and certificate programs for online students who are looking for affordable options as they pursue career advancement. All the programs featured at GSU include competitive tuition, an innovative curriculum and expert instruction from industry professionals.

Address:

1332 Southern Drive

Statesboro, GA 30458

912-478-4636

School Type
Public
Tuition
$373 per credit



Georgia College offers numerous master's degree programs in an online format, including hybrid options for students who prefer to take a combination of online and on-campus classes. Whether it's criminal justice, public administration or another nationally accredited program, online students benefit from affordable tuition, graduate assistantships, scholarships and more.

Address:

231 W. Hancock St

Milledgeville, GA 31061

800-342-0471

School Type
Public
Tuition
In-State: $356-$663 per credit; Out-of-State: $411-$719 per credit



Portland State University's eight online master's degree programs are designed to be affordable and flexible for graduate students who are also busy professionals. Graduate students seeking the credentials to advance their careers in education, health care, supply chain management and more will receive high-quality, affordable instruction at PSU.

Address:

1825 SW Broadway

Portland, OR 97201

503-725-3511

School Type
Private
Tuition
$325-$470 per credit



Many of Northwestern College's graduate programs are offered 100 percent online; this includes the master's of education degrees. Graduate students in any of the programs benefit from flexible class schedules and nationally recognized affordability, giving them the means to complete their degrees online while continuing their full-time employment.

Address:

101 7th Street SW

Orange City, IA 51041

712-707-7388

School Type
Public
Tuition
In-State: $451 per credit; Out-of-State: $624 per credit



SD Mines Online offers three outstanding engineering master's degree programs for distance learners: construction engineering, engineering management and mining engineering and management. These programs are designed to be highly affordable and include scholarship options to provide further financial assistance to online students.

Address:

501 E. Saint Joseph St.

Rapid City, SD 57701

605-355-3468

School Type
Private
Tuition
$280 per credit



Graduate students who want to earn their degrees online without breaking the bank should consider Morningside College. With 100 percent online courses in education as well as online offerings for nursing, graduate students are able to continue working while attending online classes at their own pace.

Address:

1501 Morningside Avenue

Sioux City, IA 51106

800-831-0806

School Type
Public
Tuition
$257-$385 per credit



Georgia Southwestern State University takes an innovative approach to education, providing online courses for graduate students who can't participate in on-campus classes but want to pursue their graduate degrees. The university's master's programs, such as business administration and computer science, are affordable and designed to be flexible for working students.

Address:

800 University Drive

Americus, GA 31709

877-871-4594

School Type
Public
Tuition
$265-$330 per credit



SOSU's graduate students benefit from quality master's degree programs with personalized attention, affordable tuition and a student-first environment even in an online classroom. Many of the school's programs, such as the master's in sports administration, provide unique options and low tuition to rival other universities around the nation.

Contact:

Dr. Tim Boatmun

Admissions Contact

Address:

425 W. University Boulevard

Durant, OK 74701

580-745-2372

School Type
Private
Tuition
$390-$450 per credit



North Greenville University provides several graduate degree programs for on-campus and online students, such as master's in music education, business administration and medical science. These programs are highly affordable and include personalized instruction thanks to smaller class sizes.

Contact:

Maria A. Kithcart

Admissions Contact

Address:

7801 N. Tigerville Road

Tigerville, SC 29688

864-663-7522

School Type
Public
Tuition
$393-$457 per credit



Delta State University offers 10 fully online master's degree programs for graduate students who are looking for affordable, quality education from a distance. Online students in any of the school's programs, such as the Master of Arts in Teaching or the Master of Science in Nursing, receive expert instruction and low tuition rates.

Address:

Highway 8 West

Cleveland, MS 38733

662-846-4700

School Type
Public
Tuition
$350-$373 per credit



LSUS offers as many as 15 fully online master's degree programs in such areas as nonprofit administration, educational leadership and curriculum and instruction. Many of the programs can be completed in as little as 10 months, and all of them offer competitively priced tuition to make earning a master's degree less of a financial burden.

Address:

One University Place

Shreveport, LA 71115

318-797-5061

School Type
Public
Tuition
In-state: $433 per credit; Out-of-state: $557 per credit



Frostburg State University offers great value and an affordable education to graduate students who are furthering their education through online means. Combined with affordable tuition, FSU offers financial assistance through scholarship opportunities, graduate assistantships and other services.

Address:

101 Braddock Road

Frostburg, MD 21532

301-687-7053

School Type
Public
Tuition
In-state: $458-$694 per credit; Out-of-state: $694 per credit



Graduate students have around 20 master's degree programs to choose from when deciding to further their education in an online learning environment. These programs are known for their affordability and provide full faculty support, mentorships and other services to help students succeed academically.

Address:

1616 McCormick Drive

Largo, MD 20774

240-684-2400

School Type
Public
Tuition
$361 per credit



Chadron State College has a dozen master's degree programs with several concentrations offered fully or partially online. Whether it's the educational administration program or the fully online Master of Education in Curriculum and Instruction, graduate students benefit from in-depth training, flexible scheduling and affordable tuition.

Address:

1000 Main St.

Chadron, NE 69337

308-432-6060

School Type
Public
Tuition
$370 per credit



Minot State University is committed to providing a quality, affordable education to students regardless of their time zone. Students have a variety of graduate programs to choose from, such as the Master of Science in Information Systems, and benefit from low tuition rates and personalized attention from qualified instructors.

Address:

500 University Avenue West

Minot, ND 58707

701-858-3350

School Type
Public
Tuition
$475-$575 per credit



Northwestern State University of Louisiana offers more than 20 master's degree programs through the eNSU Global Campus. These programs are convenient, flexible and highly affordable, and online-only students never have to pay any out-of-state fees.

Address:

175 Sam Sibley Dr

Natchitoches, LA 71497

318-357-5851

School Type
Public
Tuition
$588-$647 per credit



Texas A&M Kingsville offers the highest quality teaching and courses to bring out the best in graduate students regardless of their profession. Students in any of the six online master's programs enjoy affordable costs per credit and full academic and technical support throughout their time in school.

Address:

700 University Blvd.

Kingsville, TX 78363

361-593-2808

School Type
Public
Tuition
$321-$600 per unit



CSU Dominguez Hills is nationally recognized for distance learning and offers five master's degree programs, including numerous graduate certificate programs, for online students across the nation. These programs are designed with affordability in mind and provide the necessary courses to help students advance their careers upon graduation.

Address:

1000 E. Victoria Street

Carson, CA 90747

310-243-3645

School Type
Private
Tuition
$315 per credit



Martin Luther College offers three primary master's degree programs in an online format: theological studies, education and educational administration. These programs also include different areas of interest to hone the students' skills and are known for their affordability for distance learners who want to save money and complete the courses at home.

Address:

1995 Luther Court

New Ulm, MN 56073

507-354-8221

School Type
Private
Tuition
$299-$525 per credit



Campbellsville University offers more than 25 master's degree programs for distance learners who want to receive a quality education at their own pace. These programs, such as the MBA in marketing and the master's in educational administration, offer affordable tuition rates and provide in-depth training to help students gain the skills and the credentials to succeed in their careers.

Address:

1 University Drive

Campbellsville, KY 42718

888-506-6011

School Type
Private
Tuition
$365-$650 per credit



Clarks Summit University offers four distinct master's degree programs in an online learning format and can be completed in as little as two years. The master's in arts, literature, education and counseling programs are customizable and affordable, appealing to graduate students who are currently working in their respective fields.

Address:

538 Venard Road

Clarks Summit, PA 18411

800-451-7664