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Cheap Online Masters Degree Colleges

A per annum median tuition of $11,160 is charged by colleges and universities with online masters degree programs across the nation. The median tuition has increased by 14.5% in recent years. The annual median tuition at these schools in 2007 was $9,744.

The tuition range for colleges across the country offering online masters level programs from most to least costly is displayed in the following graph:

Tuition Level Number of Schools
Cheapest 185
Low cost 227
Average cost 201
Most expensive 154

The most expensive colleges that have online masters degrees require students to pay a yearly tuition of over $23,904. However, the cheapest colleges and universities charge students per annum tuition costs ranging from $970 to $5,731. The most inexpensive online accredited masters degree schools are located in Florida, Massachusetts, New Mexico, North Carolina, and Texas.

  • Master of Science in Industrial Engineering - Production Systems Design
  • Master of Science in Civil Engineering - Construction Engineering and Management
  • Master of Engineering in Professional Engineering - Project Management
  • Master of Science in Electrical Engineering - Signal Processing
  • Master of Science in Engineering - Signal Processing
  • Master of Science in Engineering in Electrical Engineering - Control Systems
  • Master of Science in Software Engineering - Project Management
  • Master of Science in Engineering in Electrical Engineering - Signal Processing and Communications Systems
  • Master of Science in Electrical Engineering - Signal Processing and Communications Systems
  • Master of Engineering in Biological and Agricultural Engineering - Food, Feed and Fiber Processing

In 2011, roughly 31% of graduates with masters degrees from online colleges across the country earned credentials from these reasonably priced programs. Therefore, of the 7,038,354 graduates from around the US, 2,175,966 are from the least costly schools. Between 2006 and 2011, the number of graduates with masters degrees from the least expensive colleges has increased by 249,540 graduates yearly, while the percentage of graduates from these colleges has decreased.

Tuition ranging from $5,760 to $12,204 per year is charged by other somewhat more expensive online masters degree schools. Of the 767 online colleges and universities that have masters level programs in the nation, 227 have tuition in this range.

Approximately 35.4% of the nation's masters level graduates earned their degrees from these low tuition online programs in 2011. This represents 2,494,304 students. The number of graduates from these schools was only 2,164,065 students, just 5 years earlier, in 2006. Thus, from these low tuition online colleges and universities, the number of graduates has increased by 15%.

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School Location In-State Out-of-State
Fitchburg State University Fitchburg, Massachusetts $970 $7,050
Framingham State University Framingham, Massachusetts $970 $7,050
Midwestern State University Wichita Falls, Texas $1,200 $1,920
University of Massachusetts North Dartmouth, Massachusetts $1,417 $8,099
University of Massachusetts Lowell, Massachusetts $1,454 $8,568
Texas Southern University Houston, Texas $1,500 $9,810
University of Massachusetts Boston, Massachusetts $1,714 $9,758
University of Massachusetts Amherst, Massachusetts $1,714 $9,937
Fayetteville State University Fayetteville, North Carolina $2,129 $12,593
Winston-Salem State University Winston-Salem, North Carolina $2,274 $11,420
Florida Atlantic University Boca Raton, Florida $2,296 $12,458
New Mexico Highlands University Las Vegas, New Mexico $2,328 $4,008
University of North Carolina Pembroke, North Carolina $2,423 $11,630
North Carolina A & T State University Greensboro, North Carolina $2,621 $12,063
Eastern New Mexico University Portales, New Mexico $2,688 $8,220
Langston University Langston, Oklahoma $2,772 $8,631
North Carolina Central University Durham, North Carolina $2,812 $13,385
Western Carolina University Cullowhee, North Carolina $2,816 $12,413
University of West Florida Pensacola, Florida $2,820 $13,453
Western New Mexico University Silver City, New Mexico $2,832 $12,432

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