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The 50 Most Affordable Graduate Programs Online

cheapest masters degree in usa
Great Value Colleges - Most Affordable

Relatively recent advancements in distance education technology have enabled colleges and universities around the country to offer affordable online master’s degree programs in a wide variety of subjects. Such programs allow professionals in diverse fields to advance their subject knowledge and technical expertise without ever leaving the comfort of their homes and to earn their degrees at a pace that fits their schedules and lifestyles. In this ranking, we explore the 50 top affordable online master’s programs.

Rating and Ranking Methodology

Graduate Tuition

  • Under $5,000—4 points
  • Under $10,000—3 points
  • Under $15,000—2 points
  • Under $20,000—1 point

Number of Online Master’s Programs

  • 10 or more—1 point
  • 20 or more—2 points
  • 40 or more—3 points
  • 60 or more—4 points
  • 80 or more—5 points
  • 100 or more—6 points

Wow Factor
1 point per feature that “wowed” us

Ranking the Top Affordable Master’s Programs Online

To develop this ranking, our editors considered only those affordable graduate schools with tuition costs of less than $20,000 per hour. Beginning with a pool of 90 online master’s degree programs, we used data from the National Center for Education Statistics (NCES) as well as each school’s official website to apply the rating and ranking methodology above. In the case of a tie, the more affordable school was awarded the higher ranking.

#50—University of Texas-Arlington

Arlington, Texas

Website

Number of Online Master’s Degree Programs: 14

Points: 4

The 50 Most Affordable Graduate Programs Online University of Texas at Arlington

The University of Texas-Arlington has been nationally recognized for its online master’s degree programs in education. The university also offers online graduate programs in various other academic disciplines, including the following degree plans:

  • Online Master of Science in Nursing (MSN)
  • Online Master of Business Administration (MBA)
  • Online Master of Public Administration (MPA)

The Southern Association of Colleges and Schools Commission on Colleges has accredited the University of Texas-Arlington to offer affordable online master’s degree programs. U.S. News & World Report has ranked the university among the nation’s leading public schools.

Graduate Tuition: $8,739

#49—Concordia University-St. Paul

St. Paul, Minnesota

Website

Number of Online Master’s Degree Programs: 15

Points: 4

The 50 Most Affordable Graduate Programs Online Concordia University- St. Paul

A leading regional university in the Midwest, Concordia University-St. Paul offers fifteen distinct online master’s degree programs. This includes nationally ranked programs in criminal justice, education, and business. Other options for online graduate students include:

  • Online MA in Differentiated Instruction
  • Online MA in Family Science
  • Online MA in Human Services
  • Online MA in Sport Management
  • Online MA in Strategic Communication
  • Online Master of Fine Arts (MFA) in Creative Writing
  • Online MS in Cybersecurity

Concordia University-St. Paul has been accredited by The Higher Learning Commission to award these affordable master’s degree online credentials.

Graduate Tuition: $8,550

#48—University of Illinois- Springfield

Springfield, Illinois

Website

Number of Online Master’s Degree Programs: 12

Points: 4

The 50 Most Affordable Graduate Programs Online University of Illinois- Springfield

Known for its excellent online master’s degree programs in business and education, the University of Illinois-Springfield also offers graduate degree options via distance education in a handful of other disciplines. Examples include:

  • Online MS in Computer Science
  • Online MS in Environmental Studies
  • Online Master of Public Administration (MPA)
  • Online MA in Legal Studies
  • Online MS in Management Information Systems
  • Online Master of Public Health (MPH)

The Higher Learning Commission has fully accredited the University of Illinois-Springfield to offer these affordable online master’s degree programs. The university has been recognized as one of the top 40 best value schools in the nation by U.S. News & World Report.

Graduate Tuition: $8,270

#47—Austin Peay State University

Clarksville, Tennessee

Website

Number of Online Master’s Degree Programs: 12

Points: 4

The 50 Most Affordable Graduate Programs Online Austin Peay State University

A top public school, Austin Peay State University offers nationally ranked online master’s degree programs in business and education. Other graduate options for students interested in distance education include:

  • Online MS in Industrial Organizational Psychology (MSIO)
  • Online Master of Health Care Administration (MHA)
  • Online MS in Computer Science and Quantitative Methods
  • Online MS in Health and Human Performance
  • Online Master of Science in Leadership (MSL)
  • Online Master of Science in Nursing (MSN)
  • Online Master of Arts in Teaching (MAT)

Austin Peay State University is institutionally accredited to award these affordable master’s degrees online by the Southern Association of Colleges and Schools Commission on Colleges.

Graduate Tuition: $8,100

#46—Delta State University

Cleveland, Mississippi

Website

Number of Online Master’s Degree Programs: 12

Points: 4

The 50 Most Affordable Graduate Programs Online Delta State University

Delta State University has been recognized for its top online master’s degree programs in nursing. The school offers several other online graduate programs, however, including:

  • Online Master of Arts in Teaching (MAT)
  • Online Master of Science in Nursing (MSN)
  • Online Master of Commercial Aviation
  • Online Master of Applied Science in Geospatial Information Technologies
  • Online Master of Arts in Liberal Studies
  • Online Master of Science in Social Justice & Criminology

The Southern Association of Colleges and Schools Commission on Colleges has accredited Delta State to confer affordable master’s degree online credentials. The university has been ranked among the top 35 public schools nationwide by U.S. News & World Report.

Graduate Tuition: $7,951

#45—Western Governor’s University

Salt Lake City, Utah

Website

Number of Online Master’s Degree Programs: 13

Points: 4

The 50 Most Affordable Graduate Programs Online Western Governor's University

Western Governor’s University is an accredited institute of higher learning devoted to distance education. The school currently offers just over a dozen online master’s degree programs, including:

  • Online MS in Curriculum & Instruction
  • Online MS in Management and Leadership
  • Online MBA
  • Online MS in Data Analytics
  • Online MSN (Nursing)
  • Online MS in Educational Leadership
  • Online MEd in Learning and Technology

The Northwest Commission on Colleges and Universities has institutionally accredited Western Governor’s University to award affordable master’s degree online credentials. The school has been in operation since 1996.

Graduate Tuition: $7,500

#44—William Woods University

Fulton, Missouri

Website

Number of Online Master’s Degree Programs: 10

Points: 4

The 50 Most Affordable Graduate Programs Online William Woods University

Ranked among some of the top national universities in the nation, William Woods University is home to 10 different affordable online master’s degree programs in the areas of business and education. Specific offerings include:

  • Online MA in Organizational Leadership
  • Online MBA
  • Online Master of Health Administration (MHA)
  • Online Master of Education (MEd) in Curriculum and Instruction
  • Online MEd in Educational Leadership
  • Online MEd in Equestrian Education

William Woods University is fully accredited by The Higher Learning Commission to confer online master’s degrees. Its online business degree programs are also programmatically accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

Graduate Tuition: $6,750

#43—University of Louisiana-Monroe

Monroe, Louisiana

Website

Number of Online Master’s Degree Programs: 17

Points: 4

The 50 Most Affordable Graduate Programs Online University of Louisiana- Monroe

Known primarily for its top online master’s degrees in nursing, the University of Louisiana-Monroe also offers other programs for online graduate students. Some of these options include:

  • Online MS in Psychology
  • Online MA in Criminal Justice
  • Online MA in Communication
  • Online MBA
  • Online MS in Counseling
  • Online MA in Gerontology
  • Online Master of Public Administration (MPA)
  • Online MEd in Curriculum and Instruction

The University of Louisiana-Monroe is fully accredited by the Southern Association of Colleges and Schools Commission on Colleges to offer these affordable online master’s degree programs. U.S. News & World Report has ranked the university among the nation’s best public schools.

Graduate Tuition: $6,490

#42—Lamar University

Beaumont, Texas

Website

Number of Online Master’s Degree Programs: 15

Points: 4

The 50 Most Affordable Graduate Programs Online Lamar University

Individuals searching for an accelerated online master’s degree program will find more than a dozen different options from Lamar University. These programs are designed to be completed in as few as 16 months of study. Available degree plans include:

  • Online MBA
  • Online MPA
  • Online MS in Criminal Justice
  • Online MS in Nutrition
  • Online MSN (Nursing)
  • Online MEd in Digital Learning and Leading
  • Online MEd in Clinical Mental Health Counseling

Lamar University is institutionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. Its affordable online master’s degree programs in criminal justice, nursing, and education have been ranked among the best in the country by the U.S. News & World Report.

Graduate Tuition: $6,397

#41—Columbus State University

Columbus, Georgia

Website

Number of Online Master’s Degree Programs: 19

Points: 4

The 50 Most Affordable Graduate Programs Online Columbus State University

Nationally recognized for its online master’s degree options in education and business administration, Columbus State University also offers over a dozen other degree plans for online graduate students. Examples include:

  • Online MS in Applied Computer Science
  • Online Master of Arts in Teaching (MAT)
  • Online Master of Science in Nursing
  • Online MEd in Educational Leadership
  • Online MS in Cybersecurity Management
  • Online Master of Public Administration (MPA)

Due to its institutional accreditation by the Southern Association of Colleges and Schools Commission on Colleges, Columbus State University can offer some of the country’s cheapest online master’s degree programs.

Graduate Tuition: $6,300

#40—University of South Dakota

Vermillion, South Dakota

Website

Number of Online Master’s Degree Programs: 15

Points: 4

The 50 Most Affordable Graduate Programs Online University of South Dakota

The University of South Dakota offers fifteen different online master’s degree programs in various academic disciplines like business, social sciences, health sciences, and even fine arts. Examples include:

  • Online MBA
  • Online MS in Administration
  • Online Master of Music
  • Online MA in Addiction Counseling & Prevention
  • Online Master of Social Work
  • Online Master of Public Health
  • Online MA in Elementary Education

The Higher Learning Commission has fully accredited the University of South Dakota to confer these affordable master’s degrees online. A few of the school’s online graduate programs have been highly ranked by U.S. News & World Report, including those in business and education.

Graduate Tuition: $6,062

#39 (TIE)—Missouri State University

Springfield, Missouri

Website

Number of Online Master’s Degree Programs: 19

Points: 4

The 50 Most Affordable Graduate Programs Online Missouri State University

Graduate students looking for some of the cheapest master’s degree online programs available will find nearly 20 such programs at Missouri State University. Options include:

  • Online MS in Information Technology
  • Online Master of Social Work (MSW)
  • Online MS in Project Management
  • Online MA in History
  • Online MS in Criminology and Criminal Justice
  • Online MS in Child Life Studies
  • Online MBA

The Higher Learning Commission has accredited Missouri State University to award online master’s degree credentials. The university’s online MBA has been ranked among some of the top such programs in the nation by U.S. News & World Report.

Graduate Tuition: $5,373

#39 (TIE)—Southeast Missouri State University

Cape Girardeau, Missouri

Website

Number of Online Master’s Degree Programs: 19

Points: 4

The 50 Most Affordable Graduate Programs Online Southeast Missouri State University

Southeast Missouri State University is home to 19 of the cheapest master’s degree programs students can pursue via distance education. These programs span several different academic subjects, including computer science, education, business, and healthcare. Available degree plans include:

  • Online MA in Teacher Leadership
  • Online MBA
  • Online MS in Technology Management
  • Online MA in Applied Behavior Analysis
  • Online MS in Criminal Justice
  • Online MS in Applied Nutrition
  • Online MS in Healthcare Management

Southeast Missouri State University holds institutional accreditation from The Higher Learning Commission. Several of its online master’s degree offerings have been nationally ranked by U.S. News & World Report, including the school’s options in business, criminal justice, and education.

Graduate Tuition: $5,373

#38—Stephen F. Austin State University

Nacogdoches, Texas

Website

Number of Online Master’s Degree Programs: 16

Points: 4

The 50 Most Affordable Graduate Programs Online Stephen F. Austin State University

Stephen F. Austin State University is home to sixteen of the cheapest online master’s degree programs available nationwide. The options span fields of study such as business, education, social sciences, and even fine arts. Specific program offerings include:

  • Online Master of Social Work (MSW)
  • Online Master of Music in Theory and Composition
  • Online MS in Human Sciences
  • Online Master of Education (MEd) in Special Education
  • Online Master of Public Administration (MPA)
  • Online MA in Mass Communication
  • Online Master of Interdisciplinary Studies

The Southern Association of Colleges and Schools Commission on Colleges has fully accredited Stephen F. Austin State to award affordable master’s degrees online.

Graduate Tuition: $5,262

#37—University of Central Arkansas

Conway, Arkansas

Website

Number of Online Master’s Degree Programs: 16

Points: 4

The 50 Most Affordable Graduate Programs Online University of Central Arkansas

As an affordable provider of distance education options for graduate students, the University of Central Arkansas offers some of the cheapest master’s degree online programs currently available. Interested students have 16 distinct degree plans to choose from, including:

  • Online MS in Instructional Technology
  • Online MBA
  • Online MS in School Leadership, Management, and Administration
  • Online MS in Family and Consumer Science
  • Online MA in Sport Management
  • Online MSN
  • Online Master of Geographic Information Systems

The Higher Learning Commission has fully accredited the University of Central Arkansas to award these affordable master’s degrees online. The school’s online graduate degree programs in business, nursing, and education have all been nationally ranked by U.S. News & World Report.

Graduate Tuition: $5,018

#36—Capella University

Minneapolis, Minnesota

Website

Number of Online Master’s Degree Programs: 54

Points: 5

Capella University The 50 Most Affordable Graduate Programs Online

Students looking for an accelerated online master’s degree program may consider one of Capella University’s 50-plus options. These degree plans feature fast tracks, which enable students to earn their credentials within just 14 months of study. Sample program offerings include:

  • Online MS in Addiction Studies
  • Online MS in Clinical Psychology
  • Online MS in Information Assurance and Cybersecurity
  • Online MS in General Educational Technology
  • Online Master of Health Administration (MHA)
  • Online MS in Human Services
  • Online MS in IT Analytics

Capella University is institutionally accredited to award affordable master’s degrees online by The Higher Learning Commission.

Graduate Tuition: $14,767

#35—University of North Dakota

Grand Forks, North Dakota

Website

Number of Online Master’s Degree Programs: 48

Points: 5

The 50 Most Affordable Graduate Programs Online University of North Dakota

U.S. News & World Report has recognized the University of North Dakota for its top online master’s degree options in business, engineering, and education. The school offers many more graduate degree programs via distance education, though, including:

  • Online MS in Aviation
  • Online MA in Counseling
  • Online MS in Data Science
  • Online MA in Forensic Psychology
  • Online MS in Nutrition
  • Online Master of Public Health (MPH)
  • Online Master of Social Work (MSW)
  • Online MS in Space Studies
  • Online MS in Medical Laboratory Science

The Higher Learning Commission has fully accredited UND to confer these affordable master’s degrees online.

Graduate Tuition: $11,060

#34—Grand Canyon University

Phoenix, Arizona

Website

Number of Online Master’s Degree Programs: 52

Points: 5

The 50 Most Affordable Graduate Programs Online Grand Canyon University

Grand Canyon University is one of the largest providers of online master’s degree programs in the nation, offering more than 50 different options for graduate students via distance education. Standout degree plans include:

  • Online MA in Communication
  • Online MBA
  • Online MA in Urban Ministry
  • Online MEd in Early Childhood Education
  • Online Master of Public Administration (MPA)
  • Online MS in Addiction Counseling
  • Online MS in Chemistry

Grand Canyon University is accredited to award these affordable master’s degrees online by The Higher Learning Commission. U.S. News & World Report has ranked the school among the country’s top national universities.

Graduate Tuition: $10,528

#33—Colorado State University

Fort Collins, Colorado

Website

Number of Online Master’s Degree Programs: 40

Points: 5

The 50 Most Affordable Graduate Programs Online Colorado State University

With more than three dozen different online master’s degree programs to choose from, Colorado State University is one of the top contenders for prospective graduate students interested in distance education. The school’s selection of online master’s degrees includes top-ranked programs in business, computer information technology, engineering, and education. Other options include:

  • Online Master of Agricultural Sciences
  • Online Master of Music Therapy
  • Online MBA
  • Online Master of Industrial/Organizational Psychology
  • Online Master of Applied Statistics
  • Online MS in Dietetics
  • Online Master of Tourism Management

The Higher Learning Commission has fully accredited Colorado State University to confer online master’s degree credentials. It has been ranked among the 75 best public schools in the nation by U.S. News & World Report.

Graduate Tuition: $10,520

#32—Eastern Kentucky University

Richmond, Kentucky

Website

Number of Online Master’s Degree Programs: 10

Points: 5

Top 50 Most Affordable Graduate Programs Online Eastern Kentucky University

Students looking for accelerated online master’s degree programs will find ten different options to choose from at Eastern Kentucky University. These programs are structured around classes that last just eight weeks each and come with built-in tutoring options. Specific degree plans include:

  • Online MS in Computer Science
  • Online Master’s in Justice, Policy & Leadership
  • Online Master’s in Instructional Design and Learning Technology
  • Online Master of Science in Nursing
  • Online Master’s in Psychology
  • Online Master of Arts in Teaching (MAT)
  • Online Master of Public Administration (MPA)
  • Online Master of Social Work (MSW)

The Southern Association of Colleges and Schools Commission on Colleges has accredited EKU to award these affordable master’s degrees online. The university has been ranked among the top 25 public schools in the country by U.S. News & World Report.

Graduate Tuition: $9,900

#31—Florida State University

Tallahassee, Florida

Website

Number of Online Master’s Degree Programs: 18

Points: 4

The 50 Most Affordable Graduate Programs Online Florida State University

Florida State University offers its affordable master’s degrees online through its Office of Distance Learning. Some of these degree plans include:

  • Online Master of Engineering
  • Online MS in Curriculum & Instruction
  • Online MS in Criminology
  • Online MS in Educational Leadership & Policy
  • Online Master of Science in Information Technology (MSIT)
  • Online MS in Instructional Systems and Learning Technologies
  • Online MS in Law Enforcement Intelligence

Many of the school’s online master’s degree programs have been highly ranked by U.S. News & World Report, including those in computer information technology, business, education, and criminal justice. FSU holds institutional accreditation to award these degrees from the Southern Association of Colleges and Schools Commission on Colleges.

Graduate Tuition: $9,684

#30—Jacksonville State University

Jacksonville, Alabama

Website

Number of Online Master’s Degree Programs: 22

Points: 5

The 50 Most Affordable Graduate Programs Online Jacksonville State University

Jacksonville State University’s online master’s degree programs in criminal justice have been ranked among the 50 best such programs in the nation by U.S. News & World Report. The school is home to a number of other graduate degree programs that can be completed entirely via distance education, including:

  • Online MS in Computer Systems and Software Design
  • Online MS in Education: Elementary Education
  • Online MS in Emergency Management
  • Online MA in Integrated Studies
  • Online MS in Sport Management
  • Online MS in Nursing
  • Online Master of Public Administration (MPA)

JSU is institutionally accredited to award affordable online masters degree programs by the Southern Association of Colleges and Schools Commission on Colleges.

Graduate Tuition: $9,600

#29—Ball State University

Muncie, Indiana

Website

Number of Online Master’s Degree Programs: 24

Points: 5

The 50 Most Affordable Graduate Programs Online Ball State University

Ball State University offers two dozen different online master’s degree programs for its graduate students to choose from, many of which have been nationally ranked by U.S. News & World Report. Options span in-demand disciplines such as education, business, and psychology, for instance. Specific degree plans offered entirely online include:

  • Online MBA
  • Online Master’s in Career and Technical Education
  • Online MS in Data Science
  • Online MA in Educational Psychology
  • Online MA in Mathematics Education
  • Online MS in Information and Communication Science

Ball State University holds its institutional accreditation from The Higher Learning Commission. Many of its online master’s degree programs have been ranked among the top 20 nationwide, including its offerings in business administration, nursing, and education.

Graduate Tuition: $9,328

#28—University of Memphis

Memphis, Tennessee

Website

Number of Online Master’s Degree Programs: 26

Points: 5

The 50 Most Affordable Graduate Programs Online The University of Memphis

Many of the online master’s degree programs from the University of Memphis have been highly ranked by U.S. News & World Report, including the school’s online graduate degrees in nursing, business, and criminal justice. The university also offers a number of other degree options, including:

  • Online MS in Accounting
  • Online MS in Sport and Hospitality Management
  • Online MS in Educational Psychology
  • Online MS in Engineering Technology
  • Online Master of Public Health
  • Online MA in History
  • Online MA in Liberal Studies

The Southern Association of Colleges and Schools Commission on Colleges has accredited the University of Memphis to confer affordable master’s degree online credentials.

Graduate Tuition: $9,216

#27—Wilmington University

New Castle, Delaware

Website

Number of Online Master’s Degree Programs: 21

Points: 5

The 50 Most Affordable Graduate Programs Online Wilmington University

Wilmington University offers over 20 different online master’s degree programs through its College of Online & Experiential Learning (COEL). Prospective students may choose from virtual degree plans such as:

  • Online MBA
  • Online MS in Administration of Justice
  • Online MS in Cybersecurity
  • Online MS in Human Services
  • Online MSN
  • Online MS in Information Systems Technology
  • Online MS in Homeland Security

The Middle States Commission on Higher Education has fully accredited Wilmington University to award affordable master’s degrees online. It has been ranked among some of the country’s top national universities by U.S. News & World Report.

Graduate Tuition: $8,784

#26—Campbellsville University

Campbellsville, Kentucky

Website

Number of Online Master’s Degree Programs: 24

Points: 5

The 50 Most Affordable Graduate Programs Online Campbellsville University

Widely recognized for its online master’s degree programs in business and education, Campbellsville University also offers graduate distance education programs in several other disciplines, including computer science, criminal justice, theology, and social work, for instance. The school’s suite of affordable online masters degree programs includes standout options such as:

  • Online MBA in Accounting
  • Online MSN in Health System Leadership
  • Online MA in Educational Administration
  • Online MA in Sport Management
  • Online MA in Justice Studies

Campbellsville University holds institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges. It has been named one of the top 100 regional universities in the South by U.S. News & World Report.

Graduate Tuition: $8,473

#25—University of Arkansas

Fayetteville, Arkansas

Website

Number of Online Master’s Degree Programs: 25

Points: 5

The 50 Most Affordable Graduate Programs Online University of Arkansas

Students interested in affordable online master’s degree programs will find over two dozen options to choose from at the University of Arkansas. This includes nationally recognized offerings in engineering, education, and nursing. Other options for online graduate students include:

  • Online Executive Master of Business Administration
  • Online Master of Education in Educational Leadership
  • Online Master of Science in Construction Management
  • Online Master of Science in Food Safety
  • Online Master of Science in Human Environmental Sciences
  • Online Professional Master of Applied Business Analytics

The Higher Learning Commission has fully accredited the University of Arkansas to offer these online master’s degree programs. U.S. News & World Report has ranked the university among some of the nation’s top public schools.

Graduate Tuition: $7,752

#24—University of Central Florida

Orlando, Florida

Website

Number of Online Master’s Degree Programs: 32

Points: 5

The 50 Most Affordable Graduate Programs Online University of Central Florida

The University of Central Florida offers nearly three dozen different online master’s degree programs through its UCF Online division. Many of these programs have been highly ranked by U.S. News & World Report, including the school’s online master’s in criminal justice, education, and nursing. Students looking for affordable and convenient online options for an advanced degree will also find other options at UCF, including:

  • Online MS in Digital Forensics
  • Online MS in Engineering Management
  • Master of Social Work Online
  • Master of Nonprofit Management Online
  • Online Master of Research Administration
  • Online MA in Career and Technical Education

The University of Central Florida is accredited by the Southern Association of Colleges and Schools Commission on Colleges to offer affordable online master’s degree programs.

Graduate Tuition: $6,916

#23—University of West Alabama

Livingston, Alabama

Website

Number of Online Master’s Degree Programs: 21

Points: 5

The 50 Most Affordable Graduate Programs Online University of West Alabama

The University of West Alabama offers some of the more affordable online master’s degree programs in the country. With institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges, the university offers online graduate programs such as:

  • Online MA in Integrated Marketing Communications
  • Online MEd in Instructional Leadership
  • Online MEd in School Counseling
  • Online MS in Experimental Psychology
  • Online MBA
  • Online Master’s in Clinical Mental Health Counseling

U.S. News & World Report has recognized the University of West Alabama as a top public school. It has ranked its online master’s degree programs in education and business administration among some of the best such programs nationwide.

Graduate Tuition: $6,678

#22—University of Nebraska-Lincoln

Lincoln, Nebraska

Website

Number of Online Master’s Degree Programs: 29

Points: 5

The 50 Most Affordable Graduate Programs Online University of Nebraska- Lincoln

One of the most affordable graduate schools in our ranking, the University of Nebraska-Lincoln offers well over two dozen different online master’s degree programs. This includes nationally ranked offerings in engineering, education, and business administration. Other options for online graduate students include:

  • Online MS in Interior Design
  • Online MS in Finance
  • Online MS in Business Analytics
  • Online MS in International Family Studies
  • Online MS in Merchandising
  • Online MA in Professional Journalism

The Higher Learning Commission has accredited the University of Nebraska-Lincoln to award some of the nation’s cheapest online master’s degree credentials.

Graduate Tuition: $6,138

#21—Sam Houston State University

Huntsville, Texas

Website

Number of Online Master’s Degree Programs: 30

Points: 5

The 50 Most Affordable Graduate Programs Online Sam Houston State University

Many of Sam Houston State University’s online graduate degree programs have been nationally ranked, including its online master’s degrees in criminal justice, computer information technology, business, and education. Other options include:

  • Online MA in Communication Studies
  • Online MS in Digital Forensics
  • Online MS in Homeland Security Studies
  • Online MS in Kinesiology
  • Online MEd in Instructional Leadership
  • Online MS in Information Assurance and Cybersecurity

The Southern Association of Colleges and Schools Commission on Colleges has accredited Sam Houston State to award affordable master’s degrees online. U.S. News & World Report has ranked the university among some of the country’s top public schools.

Graduate Tuition: $5,765

#20—Oklahoma State University

Stillwater, Oklahoma

Website

Number of Online Master’s Degree Programs: 34

Points: 5

The 50 Most Affordable Graduate Programs Online Oklahoma State University

Oklahoma State University’s affordable online master’s degree programs are offered entirely online. The school is home to nearly three dozen different online programs at the graduate level spanning disciplines such as business, education, and engineering. Specific offerings include:

  • Online MS in Applied Statistics
  • Online MS in Global Health
  • Online MS in International Agriculture
  • Online MS in Management Information Systems
  • Online MS in Educational Psychology
  • Online MS in Gifted and Talented Education

The Higher Learning Commission has fully accredited Oklahoma State University to offer these online master’s degrees. U.S. News & World Report has named it one of the top 100 public schools in the country.

Graduate Tuition: $5,531

#19—Kennesaw State University

Kennesaw, Georgia

Website

Number of Online Master’s Degree Programs: 20

Points: 5

The 50 Most Affordable Graduate Programs Online Kennesaw State University

Institutionally accredited by the Southern Association of Colleges and Schools Commission on Colleges, Kennesaw State University offers an array of online master’s degree options in education, business, engineering, technology, and nursing. Sample program options include:

  • Online Master of Business Administration (MBA)
  • Online Master of Science (MS) in Information Technology
  • Online MS in Applied Engineering
  • Online Master of Science in Nursing (MSN)
  • Online Master of Education in Early Childhood Education
  • Online Master of Education in Educational Leadership

U.S. News & World Report has ranked the school’s online master’s in business, engineering, and computer information technology programs as some of the best in the nation.

Graduate Tuition: $5,328

#18—Georgia College and State University

Milledgeville, Georgia

Website

Number of Online Master’s Degree Programs: 22

Points: 5

The 50 Most Affordable Graduate Programs Online Georgia College & State University

Georgia College and State University is home to nearly two dozen different online master’s degree options. Popular offerings include:

  • Online Master of Business Administration (MBA)
  • Online MEd in Curriculum and Instruction
  • Online Master’s in Management Information Systems
  • Online Master of Music Therapy
  • Online Master of Public Administration (MPA)

Hybrid options are also available for some programs. The Southern Association of Colleges and Schools Commission on Colleges has accredited Georgia College & State to confer affordable master’s degrees online. Its online master’s programs in business, nursing, and education are highly ranked by U.S. News & World Report.

Graduate Tuition: $5,292

#17—West Texas A&M University

Canyon, Texas

Website

Number of Online Master’s Degree Programs: 18

Points: 5

The 50 Most Affordable Graduate Programs Online West Texas A&M University

The online master’s degree programs from West Texas A&M University are some of the most affordable in our ranking. These offerings are highly flexible, and many feature both fully online and hybrid tracks. Over a dozen different affordable master’s degree online programs are available, including:

  • Online MS in Finance and Economics
  • Online MSN (Nursing)
  • Online MEd in Instructional Design and Technology
  • Online MS in Sports and Exercise Sciences

The Southern Association of Colleges and Schools Commission on Colleges has accredited West Texas A&M University to award these graduate degree programs online. U.S. News & World Report has ranked it among the top 50 public schools nationwide.

Graduate Tuition: $4,968

#16—Valdosta State University

Valdosta, Georgia

Website

Number of Online Master’s Degree Programs: 16

Points: 5

The 50 Most Affordable Graduate Programs Online Valdosta State University

Valdosta State University offers some of the cheapest master’s degree online programs available anywhere, including nationally ranked graduate programs in business and education. Popular offerings include:

  • Online MS in Criminal Justice
  • Online Master of Public Administration (MPA)
  • Online MA in English Studies for Language Arts Teachers
  • Online Master of Business Administration (MBA)
  • Online MEd in Instructional Technology and Training
  • Online Master of Library and Information Science

Valdosta State is fully accredited by the Southern Association of Colleges and Schools Commission on Colleges to confer online master’s degrees. It has been ranked among the top public schools in the United States by U.S. News & World Report.

Graduate Tuition: $4,572

#15—University of West Georgia

Carrollton, Georgia

Website

Number of Online Master’s Degree Programs: 13

Points: 5

The 50 Most Affordable Graduate Programs Online University of West Georgia

The University of West Georgia offers some of the cheapest master’s degree online programs available. These offerings span academic disciplines like computer science, education, business, and even sport management. Specific degree plans include:

  • Online Master of Business Administration (MBA)
  • Online MA in Criminology
  • Online MEd in Instructional Technology, Media & Design
  • Online Master of Public Administration
  • Online Master of Arts in Teaching: Special Education

UWG is fully accredited to award affordable master’s degrees online by the Southern Association of Colleges and Schools Commission on Colleges. Its online MBA and online MSN programs have been ranked among the top 50 nationwide by U.S. News & World Report.

Graduate Tuition: $4,338

#14—University of the Cumberlands

Williamsburg, Kentucky

Website

Number of Online Master’s Degree Programs: 17

Points: 5

The 50 Most Affordable Graduate Programs Online University of the Cumberlands

While not known for its large number of online graduate options, the University of the Cumberlands does offer some of the cheapest master’s degree online programs available. Sample degree plans include:

  • Online Executive Master’s in Information Systems Security
  • Online Master’s in Information Technology
  • Online Master’s in Addiction Counseling
  • Online Executive MBA
  • Online Master’s in Health and Human Performance
  • Online Master’s in Digital Forensics

The University of the Cumberlands holds institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges. Its online master’s degree in criminal justice has been ranked among the top 10 in the country by U.S. News & World Report.

Graduate Tuition: $4,282

#13—Angelo State University

San Angelo, Texas

Website

Number of Online Master’s Degree Programs: 11

Points: 5

The 50 Most Affordable Graduate Programs Online Angelo State University

 One of the most affordable graduate schools in our ranking, Angelo State University offers nearly a dozen of the cheapest master’s degree online programs available today. Options for graduate students interested in distance education include:

  • Online MA in Curriculum & Instruction
  • Online MBA
  • Online MS in Criminal Justice
  • Online MS in Global Security Studies
  • Online MA in Mental Health and Wellness Counseling
  • Online MS in Applied Psychology

Angelo State University holds institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges. Many of the school’s online master’s degree programs have been nationally ranked, including those in criminal justice, nursing, and education.

Graduate Tuition: $4,119

#12—Fitchburg State University

Fitchburg, Massachusetts

Website

Number of Online Master’s Degree Programs: 18

Points: 5

The 50 Most Affordable Graduate Programs Online Fitchburg State University

Fitchburg State University is home to some of the cheapest online master’s degree programs available anywhere. These programs aren’t just affordable, though; the university’s online master’s offerings in nursing and business administration have been ranked among some of the best in the nation by U.S. News & World Report. Additional options include:

  • Online MS in Counseling
  • Online MS in Criminal Justice
  • Online MA in History
  • Online MS in Computer Science
  • Online MA in English Studies
  • Online MEd in Occupational Education

The New England Commission of Higher Education has accredited Fitchburg State to award these affordable master’s degrees online.

Graduate Tuition: $3,420

#11—University of Florida

Gainesville, Florida

Website

Number of Online Master’s Degree Programs: 49

Points: 6

The 50 Most Affordable Graduate Programs Online University of Florida

Students interested in affordable online master’s degree programs will find nearly 50 different options at the University of Florida. The school is home to some of the very best graduate programs available via distance education, according to U.S. News & World Report, especially in the disciplines of education, business administration, and engineering. Specific offerings include:

  • Online MS in Applied Physiology and Kinesiology
  • Online MA in Medicine
  • Online MS in Electrical and Computer Engineering
  • Online Master of Educational Leadership
  • Online Master of Fire and Emergency Services
  • Online MA in Mass Communication

UF is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award online master’s degrees.

Graduate Tuition: $10,770

#10—University of Wisconsin

Madison, Wisconsin

Website

Number of Online Master’s Degree Programs: 63

Points: 6

University of Wisconsin The 50 Most Affordable Graduate Programs Online

A leading provider of online master’s degree programs, the University of Wisconsin offers more than five dozen different degree options for graduate students through its Extended Campus. Using resources from its 13 different campuses, UW can provide affordable master’s degrees online in disciplines such as engineering, management, education, and business administration, for instance. Examples include:

  • Online MBA
  • Online MS in Administrative Leadership
  • Online MS in Clinical Nutrition
  • Online MS in Data Science
  • Online MS in Environmental Safety and Health
  • Online MS in Integrated Supply Chain Management
  • Online MS in Project Management

The Higher Learning Commission has fully accredited the University of Wisconsin to award online master’s degrees. Its online graduate programs in engineering have been ranked among some of the very best in the country by U.S. News & World Report.

Graduate Tuition: $10,728

#9—Florida International University

Miami, Florida

Website

Number of Online Master’s Degree Programs: 32

Points: 6

The 50 Most Affordable Graduate Programs Online Florida International University

With over 30 online master’s degree programs in various academic disciplines, Florida International University has established itself as a leader in graduate distance education. Many of these programs have been highly ranked by U.S. News & World Report, including the school’s master’s online options in business administration, criminal justice, engineering, and education. Other offerings include:

  • Online MS in Construction Management
  • Online MA in Disaster Management
  • Online MS in Educational Leadership
  • Online MS in Forensic Science
  • Online MS in Health Informatics & Analytics
  • Online MA in History
  • Online MS in Hospitality Management

The Southern Association of Colleges and Schools Commission on Colleges has accredited FIU to award these online master’s degree credentials.

Graduate Tuition: $8,912

#8—California State University

Long Beach, California

Website

Number of Online Master’s Degree Programs: 51

Points: 6

The 50 Most Affordable Graduate Programs Online California State University

One of the top providers of online master’s degree programs in the West, California State University is home to more than 50 master’s-level offerings that can be completed via distance education. These programs are offered in more than a dozen distinct academic areas, including:

  • Criminal Justice
  • Agriculture
  • Library Science
  • Social Work
  • Arts & Humanities
  • Health Sciences

Hybrid options are also available for students who desire a blended learning experience. CSU is institutionally accredited by the Western Association of Schools and Colleges (WASC). Its online master’s in criminal justice has been ranked among the country’s top 40 such programs by U.S. News & World Report.

Graduate Tuition: $7,176

#7—Texas Tech University

Lubbock, Texas

Website

Number of Online Master’s Degree Programs: 40

Points: 6

The 50 Most Affordable Graduate Programs Online Texas Tech University

Texas Tech University offers its online master’s degree programs through its Division of eLearning & Academic Partnerships. Students interested in affordable online master’s degree programs will find over three dozen options to choose from, including:

  • Online Master of Agribusiness
  • Online Master of Public Administration (MPA)
  • Online MS in Computer Science
  • Online MA in Mass Communication
  • Online MS in Marketing Research and Analytics
  • Online MS in Nutrition and Dietetics

The Southern Association of Colleges and Schools Commission on Colleges has accredited Texas Tech to confer online master’s degree credentials. Many of these programs have been highly ranked by U.S. News & World Report, including the school’s online master’s in business, engineering, and computer information technology.

Graduate Tuition: $6,788

#6—American Public University

Charles Town, West Virginia

Website

Number of Online Master’s Degree Programs: 45

Points: 6

The 50 Most Affordable Graduate Programs Online American Public University

American Public University not only provides a large number of online graduate programs, but it also offers some of the cheapest master’s degree online options. Among its 45 different master’s-level degree plans include:

  • Online MS in Applied Business Analytics
  • Online MA in Criminal Justice
  • Online MA in Homeland Security
  • Online MS in Information Technology
  • Online MA in Intelligence Studies
  • Online MS in Environmental Policy and Management
  • Online MA in Reverse Logistics Management
  • Online MS in Sports and Health Sciences

The Higher Learning Commission has fully accredited American Public University to confer affordable master’s degree online credentials. Some dual graduate degree programs are also offered virtually.

Graduate Tuition: $6,660

#5—University of Missouri

Columbia, Missouri

Website

Number of Online Master’s Degree Programs: 77

Points: 7

The University of Missouri doesn’t offer the cheapest master’s degree online programs in our ranking. Still, it may be one of the most prolific graduate schools in the nation for distance education degrees. Nationally ranked for its online master’s degree options in business and education, the university also offers a plethora of other programs at the master’s level, including:

  • Online Master of Accountancy
  • Online MS in Civil Engineering
  • Online MA in Defense and Strategic Studies
  • Online MA in Family and Community Services
  • Online MS in Industrial-Organizational Psychology
  • Online MS in Information Science and Technology

The Higher Learning Commission has institutionally accredited the University of Missouri to award these online master’s degrees. U.S. News & World Report has ranked it among the top 100 best value schools in the nation.

Graduate Tuition: $9,478

#4—North Carolina State University

Raleigh, North Carolina

Website

Number of Online Master’s Degree Programs: 54

Points: 7

The 50 Most Affordable Graduate Programs Online North Carolina State University

With full institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges, North Carolina State University offers over fifty different affordable online master’s degree programs through its Division of Online and Distance Education. Many of these programs have been nationally ranked by U.S. News & World Report, including the school’s offerings in engineering, business administration, education, and computer information technology. Other options include:

  • Online MEd in Clinical Mental Health Counseling
  • Online Master of Computer Science
  • Online Master of Horticulture Science
  • Online Master of Nutrition
  • Online Master of School Administration
  • Online Master of Statistics

Some hybrid learning options are also available at the graduate level.

Graduate Tuition: $9,095

#3—Liberty University

Lynchburg, Virginia

Website

Number of Online Master’s Degree Programs: 73

Points: 7

The 50 Most Affordable Graduate Programs Online Liberty University

The online master’s degree programs from Liberty University are offered via accelerated 8-week terms. The school offers nearly 75 distinct master’s degree options via distance education, making it one of the top online learning providers for graduate students. Popular degree programs include:

  • Online MA in Executive Leadership
  • Online MS in Criminal Justice
  • Online Master of Public Health (MPH)
  • Online Master of Arts in Teaching (MAT)
  • Online MA in Human Services Counseling
  • Online MA in Clinical Mental Health Counseling

Liberty University is fully accredited to offer affordable master’s degrees online. U.S. News & World Report has ranked the school’s online master’s in criminal justice programs among the top 100 nationwide.

Graduate Tuition: $7,935

#2—Fort Hays State University

Hays, Kansas

Website

Number of Online Master’s Degree Programs: 54

Points: 7

The 50 Most Affordable Graduate Programs Online Fort Hays State University

One of the largest and most affordable providers of online master’s degrees in our ranking, Fort Hays State University offers more than 50 different graduate programs via distance education. Sample degree plans include:

  • Online MS in Counseling
  • Online MS in Education
  • Online MBA
  • Online Master of Liberal Studies
  • Online Master of Social Work
  • Online Masters in Nursing Administration

Fort Hays State is fully accredited by The Higher Learning Commission. Its cheap online master’s degrees in education, business administration, and nursing have been highly ranked by U.S. News & World Report.

Graduate Tuition: $3,726

#1—Arizona State University

Tempe, Arizona

Website

Number of Online Master’s Degree Programs: 89

Points: 9

The 50 Most Affordable Graduate Programs Online Arizona State University

Arizona State University tops our list for schools offering affordable online master’s degree programs. Here, prospective students have nearly 90 different graduate degree programs to choose from, all offered via distance education. Sample program offerings include:

  • Online MS in Biomedical Diagnostics
  • Online MS in Clinical Research Management
  • Online MA in Communication
  • Online MA in Criminal Justice
  • Online MS in Family and Human Development
  • Online MS in Graphic Information Technology
  • Online MEd in Learning Design and Technologies
  • Online MS in Nursing

The Higher Learning Commission institutionally accredits Arizona State. Its online master’s degree programs in business administration, engineering, education, and criminal justice top U.S. News & World Report’s picks for best online graduate degrees.

Graduate Tuition: $6,516

About Online Master’s Degree Programs

Before the rise of distance education, a master’s degree credential was out of reach for many busy and working adults. Thankfully, advancements in learning technology have made online master’s degree programs more prevalent than ever before. These programs allow students to keep their day jobs or raise their children while earning the credentials they need to begin or advance their careers. According to the latest research from the National Center for Education Statistics (NCES), over 3 million students in the United States are expected to be enrolled in a post-baccalaureate degree program (i.e., an online master’s degree or doctoral degree program).

Types of Online Master’s Degree Programs

Our editors sought to identify the most affordable graduate schools and the cheapest online master’s degree programs available in this ranking. This is because cost is a major factor for choosing a degree program, online or otherwise. Still, it’s crucial to remember that tuition and expenses are only one part of the equation. Many other factors distinguish one online master’s degree program from another. Below, we’ll discuss some of the variations you can expect to find during your search for the ideal online graduate program for you.

Full-Time, Part-Time, and Accelerated Online Master’s Degree Programs

Aside from cost, the deciding factor for most graduate students searching for an online master’s degree program is scheduling flexibility. Some students desire a relaxed course load, even with the understanding that it may take longer to finish their degree plans. Others take an all-in approach and enroll in an accelerated master’s degree program to finish their degree requirements as quickly as possible. Luckily, there are programs available that will fit just about any schedule. Some schools even offer the same online master’s degree plan with multiple scheduling tracks to choose from.

Asynchronous/Synchronous Online Master’s Degree Options

If you’re new to the idea of online learning, then you may be wondering how it will all work. The answer to that question depends primarily on whether you enroll in asynchronous or synchronous online courses. To distinguish between the two, you need to understand that asynchronous classes enable students to work at their own pace, logging in and out of their virtual classrooms as they please while synchronous courses occur in real-time and therefore require specific log-on times. As you can imagine, there are advantages and drawbacks to each of these content delivery methods. When choosing the format that’s right for you, decide if you value flexibility over interactivity or vice versa. Also, keep in mind that some programs combine elements of both asynchronous and synchronous content delivery.

Hybrid and Fully Online Master’s Degree Plans

Our editors focused on finding the most affordable online master’s degree programs that can be completed entirely online in this ranking. However, you should know that other programs are also available that blend online learning with traditional in-person instruction. These are commonly referred to as hybrid programs. You may also see them labeled as partially online or low-residency programs. Students who require the maximum amount of convenience and flexibility from a degree program will likely prefer a fully online master’s degree option. There are those students who desire some face time with professors and classmates, though. If the latter describes you, then you may want to consider a hybrid program.

Affordable Master’s Degree Online Programs: Admissions

The prospect of earning an advanced credential such as a master’s degree online is an appealing one for many prospective students. You need to ask yourself before doing your due diligence in researching these programs: Can I get in? Fortunately, if you hold a bachelor’s degree from an accredited university, the answer is probably yes. Still, you should be prepared to submit other documentation and requirements with your completed application, such as:

  • Undergraduate Academic Transcript
  • Professional Resume
  • Letters of Recommendation
  • GRE or GMAT Scores
  • Essay or Personal Statement

Some affordable graduate schools will require a minimum GPA and/or test scores. They may also specify that your undergraduate degree be in a certain academic discipline, depending upon the type of online master’s degree you’re applying to.

Curriculum Details for Online Master’s Degree Programs

When considering the most affordable graduate schools, you’ll also want to take some time to think about what your course of study might look like in an online master’s degree program. The details of your degree plan will be contingent on what field of study you choose for your advanced degree. Unlike bachelor’s degree programs, there are no general education requirements for a master’s degree curriculum. However, you may be required to take some prerequisite or foundational courses, depending on the program and your specific academic background. These classes are intended to level the playing field, so to speak, for all students enrolled in the program and give them the background knowledge they need to succeed throughout their remaining classes. For the degree plan itself, you can expect to take between 30 and 40 credit hours of coursework to earn your online master’s degree.

Popular Areas of Study for Online Master’s Degree Programs

Online master’s degrees are now available in nearly every academic discipline and specialization you can imagine. If you look hard enough, you’ll even find online learning opportunities in obscure subjects like explosives engineering or comic book art, for instance. The most popular fields of study are less intriguing but still full of potential. According to the National Center for Education Statistics (NCES), the most popular fields of study for graduate students at the master’s level are:

  • Business
  • Education
  • Health Professions

Frequently-Searched Schools for Online Master’s Degree Programs

Texas Tech University—Texas Tech University made our list of the top ten most affordable graduate schools. The school offers 40 different online master’s degree programs at a low tuition rate.

Oregon State University—Oregon State University’s affordable online master’s degrees are offered through the school’s Ecampus. Many of these offerings are nationally ranked, including those in engineering and business.

New York University—NYU offers well over a dozen different online master’s degrees spanning disciplines such as business, education, and health administration, for example. U.S. News & World Report has recognized its online master’s in computer information technology and engineering as some of the best such programs nationwide.

University of Michigan—Popular online master’s degree offerings from the University of Michigan include graduate programs in business administration, social work, health sciences, and engineering. U.S. News & World Report has called it a top 50 best value school.

Georgia Tech—Georgia Tech offers just over a dozen online master’s degree programs spanning disciplines such as engineering, computer science, and cybersecurity, for instance. Some hybrid degree programs are also available.

Louisiana State University—LSU offers 17 different online master’s degree options, including nationally ranked engineering, education, and business administration programs. Several online graduate certificate programs are also available.

Virginia Tech—VT Online offers ten different online master’s degree options, including programs in engineering, life sciences, information technology, and political science, for instance. Its online masters’ in computer information technology and industrial engineering have been ranked among some of the very best such programs nationwide.

Villanova University—Villanova University’s online master’s degree options include top-ranked programs in business and engineering. Partially online degree plans are also available.

University of Central Florida—UCF made our list of the top 25 most affordable graduate schools. The school offers some of the nation’s best online master’s degree programs in nursing, education, criminal justice, and computer information technology.

Rutgers University—Rutgers University offers several fully online master’s degree programs through its Division of Continuing Studies. The school’s graduate program in education has been ranked among some of the nation’s best by U.S. News & World Report.

Kansas State University—Kansas State University’s broad selection of affordable online master’s degree programs can be accessed through its Global Campus. This includes top-ranked programs in engineering, education, business administration, and computer information technology.

Frequently-Asked Questions About Affordable Online Masters Degree Programs

Most online master’s degree students have many questions that they want answered before committing to the process and choosing from among the most affordable graduate schools. Makes sense, right? Below, our editors have fielded some of the most common questions they get from students looking for the cheapest online master’s degree programs. Keep in mind that the information provided is general in nature and not intended to replace information from an admissions counselor or other school representative.

Q: Is an online master’s degree respected?

A: Yes. So long as an accredited college or university offers your online master’s degree, it should hold just as much weight as a traditional degree.

Q: Is it worth getting an online master’s degree?

A: Unfortunately, we can’t answer that question for you. We do advise, however, that you weigh the benefits and job opportunities afforded by an online master’s degree program against the financial cost as well as the time and energy that earning such a credential will require. Still, according to the most recent data available from the Bureau of Labor Statistics (BLS), professionals with a master’s degree earn about $12,000 per year more on average than those with just a bachelor’s degree.

Q: Are online masters degrees easy?

A: Not exactly. Although online master’s degrees may be more convenient than in-person degree programs, they are often comparable in academic rigor.

Q: How long does it take to complete an online master’s degree program?

A: Completion times can vary and will depend primarily on how many courses you’re willing (or able) to take at once. The average completion time for an online master’s degree program is approximately two years. Still, your specific degree plan may take more or less time to complete, especially if you opt for a part-time or accelerated track.

Q: How much does an online master’s degree cost?

A: Like completion times, an online master’s degree program’s cost will vary from one school to the next. Our research for this ranking found that the cheapest online master’s degree available is associated with a yearly tuition of less than $4,000. These programs can be much more expensive, though; some cost nearly $50,000 annually.

Q: How much will I make with an online master’s degree?

A: It depends on what type of master’s degree you earn. According to Indeed.com, the highest paying master’s degrees are nursing anesthesia, information technology, and business administration.

This concludes our ranking of the 50 most affordable online graduate schools.

Sources:

This ranking was updated in March 2021.

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