Affordable Graduate Programs Online

Professionals in a variety of fields can advance their subject knowledge and technical expertise without ever leaving the comfort of their homes, and they can earn their degrees at a pace that fits their schedules and lifestyles. In this ranking, we look at the top 50 most affordable online master’s degree programs.

Top Affordable Master’s Programs

1. University of Texas-Arlington

The University of Texas-online Arlington’s master’s degree programs in education have received national recognition.

The university also provides online graduate programs in a variety of other academic disciplines, such as the following degree plans:

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

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

Graduation Tuition: $8,739
Number of Online Master’s Degree Programs: 14
Points: 4

Location: Arlington, Texas

2. Concordia University-St. Paul

Concordia University-St. Paul, a leading regional university in the Midwest, offers fifteen distinct online master’s degree programs.

This includes programs in criminal justice, education, and business that are nationally ranked. Other options for graduate students studying online 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.

Graduation Tuition: $8,550
Number of Online Master’s Degree Programs: 15
Points: 4

Location: St. Paul, Minnesota

3. University of Illinois- Springfield

The University of Illinois-Springfield is well-known for its excellent online master’s degree programs in business and education, but it also offers graduate degree options via distance education in a number of other disciplines.

Here are some examples:

• 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 University of Illinois-Springfield has been fully accredited by the Higher Learning Commission to offer these low-cost online master’s degree programs. U.S. News & World Report named the university one of the top 40 best value schools in the country.

Graduation Tuition: $8,270
Number of Online Master’s Degree Programs: 12
Points: 4

Location: Springfield, Illinois

4. Austin Peay State University

Austin Peay State University, a top public university, offers nationally ranked online master’s degree programs in business and education.

Other graduate options for distance education students 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)

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

Graduation Tuition: $8,100
Number of Online Master’s Degree Programs: 12
Points: 4

Location: Clarksville, Tennessee

5. Delta State University

Delta State University has been acknowledged for having the best online master’s degree programs in nursing.

However, the school offers a number of other online graduate programs, 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

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

Graduation Tuition: $7,951
Number of Online Master’s Degree Programs: 12
Points: 4

Location: Cleveland, Mississippi

6. Western Governors University

Western Governors University is a recognized institution of higher learning that specializes in distance education.

Currently, the school offers a little more than 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

Western Governors University has been institutionally accredited by the Northwest Commission on Colleges and Universities to award affordable master’s degree online credentials. Since 1996, the school has been in operation.

Graduation Tuition: $7,500
Number of Online Master’s Degree Programs: 13
Points: 4

Location: Salt Lake City, Utah

7. William Woods University

William Woods University, ranked among the top national universities in the country, offers ten different affordable online master’s degree programs in business and education.

Among the specific offerings are:

• 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

The Higher Learning Commission has fully accredited William Woods University to award online master’s degrees. The Accreditation Council for Business Schools and Programs has also programmatically accredited its online business degree programs (ACBSP).

Graduation Tuition: $6,750
Number of Online Master’s Degree Programs: 10
Points: 4

Location: Fulton, Missouri

8. University of Louisiana-Monroe

The University of Louisiana-Monroe is best known for its top online master’s degrees in nursing, but it also has other programs for online graduate students.

Among these alternatives are:

• 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.

Graduation Tuition: $6,490
Number of Online Master’s Degree Programs: 17
Points: 4

Location: Monroe, Louisiana

9. Lamar University

Lamar University offers more than a dozen different options for individuals looking for an accelerated online master’s degree program.

These programs are designed to be completed in as little as 16 months. Degree plans that are available 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

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

Graduation Tuition: $6,397
Number of Online Master’s Degree Programs: 15
Points: 4

Location: Beaumont, Texas

10. Columbus State University

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

Here are some examples:

• 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)

Columbus State University is able to offer some of the country’s most affordable online master’s degree programs due to its institutional accreditation by the Southern Association of Colleges and Schools Commission on Colleges.

Graduation Tuition: $6,300
Number of Online Master’s Degree Programs: 19
Points: 4

Location: Columbus, Georgia

11. University of South Dakota

The University of South Dakota offers fifteen different online master’s degree programs in fields such as business, social sciences, health sciences, and even fine arts.

Here are some examples:

• 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.

Graduation Tuition: $6,062
Number of Online Master’s Degree Programs: 15
Points: 4

Location: Vermillion, South Dakota

12. (TIE)—Missouri State University

Graduate students seeking some of the most affordable master’s degree online programs will find nearly 20 such programs at Missouri State University.

Among the options are:

• 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

Missouri State University has been accredited by the Higher Learning Commission to grant online master’s degree credentials. U.S. News & World Report has named the university’s online MBA program as one of the best in the country.

Graduation Tuition: $5,373
Number of Online Master’s Degree Programs: 19
Points: 4

Location: Springfield, Missouri

13. (TIE)—Southeast Missouri State University

Southeast Missouri State University offers 19 of the most affordable master’s degree programs available through distance education.

These programs cover a wide range of academic disciplines, including computer science, education, business, and healthcare. Degree plans that are available 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

The Higher Learning Commission has granted Southeast Missouri State University institutional accreditation. Several of its online master’s degree programs, including those in business, criminal justice, and education, have been nationally ranked by U.S. News & World Report.

Graduation Tuition: $5,373
Number of Online Master’s Degree Programs: 19
Points: 4

Location: Cape Girardeau, Missouri

14. Stephen F. Austin State University

Stephen F. Austin State University offers sixteen of the most affordable online master’s degree programs in the country.

Business, education, social sciences, and even fine arts are among the options. Among the specific program offerings are:

• 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.

Graduation Tuition: $5,262
Number of Online Master’s Degree Programs: 16
Points: 4

Location: Nacogdoches, Texas

15. University of Central Arkansas

The University of Central Arkansas, as an affordable provider of distance education options for graduate students, offers some of the most affordable master’s degree online programs currently available.

Interested students can choose from 16 different degree plans, 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 University of Central Arkansas has been fully accredited by the Higher Learning Commission to offer these low-cost master’s degrees online. U.S. News & World Report has ranked the school’s online graduate degree programs in business, nursing, and education as nationally ranked.

Graduation Tuition: $5,018
Number of Online Master’s Degree Programs: 16
Points: 4

Location: Conway, Arkansas

16. Capella University

Students interested in an accelerated online master’s degree program should look into one of Capella University’s 50+ options.

These degree plans include fast tracks, which allow students to complete their studies in as little as 14 months. Here are some examples of program offerings:

• 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.

Graduation Tuition: $14,767
Number of Online Master’s Degree Programs: 54
Points: 5

Location: Minneapolis, Minnesota

17. University of North Dakota

The University of North Dakota has been named one of the top online master’s degree programs in business, engineering, and education by U.S. News & World Report.

However, the school provides many more graduate degree programs via distance education, 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.

Graduation Tuition: $11,060
Number of Online Master’s Degree Programs: 48
Points: 5

Location: Grand Forks, North Dakota

18. Grand Canyon University

Grand Canyon University is one of the nation’s largest providers of online master’s degree programs, with over 50 different options available to graduate students via distance education.

Degree plans that stand out 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

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

Graduation Tuition: $10,528
Number of Online Master’s Degree Programs: 52
Points: 5

Location: Phoenix, Arizona

19. Colorado State University

Colorado State University is a top contender for prospective graduate students interested in distance education, with over a dozen different online master’s degree programs to choose from.

Top-ranked programs in business, computer information technology, engineering, and education are among the online master’s degrees offered by the school. Other alternatives 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

Colorado State University has been fully accredited by the Higher Learning Commission to confer online master’s degree credentials. U.S. News & World Report named it one of the top 75 public schools in the country.

Graduation Tuition: $10,520
Number of Online Master’s Degree Programs: 40
Points: 5

Location: Fort Collins, Colorado

20. Eastern Kentucky University

Eastern Kentucky University offers ten different accelerated online master’s degree programs for students looking for a fast track to a degree.

These programs are built around classes that last only eight weeks and include built-in tutoring. Degree plans include the following:

• 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 Commission on Colleges of the Southern Association of Colleges and Schools has accredited EKU to award these low-cost master’s degrees online. U.S. News & World Report has named the university one of the top 25 public universities in the country.

Graduation Tuition: $9,900
Number of Online Master’s Degree Programs: 10
Points: 5

Location: Richmond, Kentucky

21. Florida State University

Many of the school’s online master’s degree programs, including those in computer information technology, business, education, and criminal justice, have received high rankings from U.S. News & World Report.

The Southern Association of Colleges and Schools Commission on Colleges has granted FSU institutional accreditation to award these degrees.

Graduation Tuition: $9,684
Number of Online Master’s Degree Programs: 18
Points: 4

Location: Tallahassee, Florida

22. Jacksonville State University

U.S. News & World Report named Jacksonville State University’s online master’s degree programs in criminal justice among the top 50 in the country.

The school also offers a number of other graduate degree programs that can be completed entirely through distance learning, such as:

• 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)

The Southern Association of Colleges and Schools Commission on Colleges has institutionally accredited JSU to award affordable online master’s degree programs.

Graduation Tuition: $9,600
Number of Online Master’s Degree Programs: 22
Points: 5

Location: Jacksonville, Alabama

23. Ball State University

Ball State University offers a variety of online master’s degree programs to its graduate students, many of which are nationally ranked by U.S. News & World Report.

Options include in-demand fields such as education, business, and psychology, to name a few. Among the degree programs available entirely online are:

• 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

The Higher Learning Commission accredits Ball State University as an institution. Many of its online master’s degree programs, including those in business administration, nursing, and education, have been ranked among the top 20 in the country.

Graduation Tuition: $9,328
Number of Online Master’s Degree Programs: 24
Points: 5

Location: Muncie, Indiana

24. University of Memphis

U.S. News & World Report has ranked many of the University of Memphis’ online master’s degree programs highly, including the school’s online graduate degrees in nursing, business, and criminal justice.

The university also provides a variety of other degree options, such as:

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

Graduation Tuition: $9,216
Number of Online Master’s Degree Programs: 26
Points: 5

Location: Memphis, Tennessee

25. Wilmington University

Wilmington University’s College of Online & Experiential Learning offers over 20 different online master’s degree programs (COEL).

Prospective students can select from a variety of virtual degree plans, including:

• 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

Wilmington University has been fully accredited by the Middle States Commission on Higher Education to offer affordable master’s degrees online. U.S. News & World Report has named it one of the country’s top national universities.

Graduation Tuition: $8,784
Number of Online Master’s Degree Programs: 21
Points: 5

Location: New Castle, Delaware

26. Campbellsville University

Campbellsville University, well-known for its online master’s degree programs in business and education, also offers graduate distance education programs in a variety of other fields, such as computer science, criminal justice, theology, and social work.

Among the school’s affordable online master’s degree programs are the following:

• 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 is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools. U.S. News & World Report named it one of the top 100 regional universities in the South.

Graduation Tuition: $8,473
Number of Online Master’s Degree Programs: 24
Points: 5

Location: Campbellsville, Kentucky

27. University of Arkansas

Students interested in low-cost online master’s degree programs will find more than a dozen options at the University of Arkansas.

This includes nationally recognized engineering, education, and nursing programs. Other options for graduate students studying online 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 University of Arkansas has been fully accredited by the Higher Learning Commission to offer these online master’s degree programs. According to U.S. News & World Report, the university is among the top public schools in the country.

Graduation Tuition: $7,752
Number of Online Master’s Degree Programs: 25
Points: 5

Location: Fayetteville, Arkansas

28. University of Central Florida

Through its UCF Online division, the University of Central Florida offers nearly three dozen different online master’s degree programs.

Many of these programs, including the school’s online master’s degrees in criminal justice, education, and nursing, have received high rankings from U.S. News & World Report. Students seeking affordable and convenient online options for an advanced degree will find additional 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 Southern Association of Colleges and Schools Commission on Colleges has accredited the University of Central Florida to offer affordable online master’s degree programs.

Graduation Tuition: $6,916
Number of Online Master’s Degree Programs: 32
Points: 5

Location: Orlando, Florida

29. University of West Alabama

The University of West Alabama has some of the country’s most affordable online master’s degree programs.

The university, which has institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges, 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

The University of West Alabama has been named a top public university by U.S. News & World Report. It has ranked its online master’s degree programs in education and business administration among the best in the country.

Graduation Tuition: $6,678
Number of Online Master’s Degree Programs: 21
Points: 5

Location: Livingston, Alabama

30. University of Nebraska-Lincoln

The University of Nebraska-Lincoln, one of the most affordable graduate schools in our ranking, offers well over a dozen different online master’s degree programs.

This includes nationally ranked engineering, education, and business administration programs. Other options for graduate students studying online 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 University of Nebraska-Lincoln has been accredited by the Higher Learning Commission to award some of the nation’s most affordable online master’s degree credentials.

Graduation Tuition: $6,138
Number of Online Master’s Degree Programs: 29
Points: 5

Location: Lincoln, Nebraska

31. Sam Houston State University

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

Other alternatives 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

Sam Houston State University has been accredited by the Southern Association of Colleges and Schools Commission on Colleges to offer affordable master’s degrees online. According to U.S. News & World Report, the university is among the top public schools in the country.

Graduation Tuition: $5,765
Number of Online Master’s Degree Programs: 30
Points: 5

Location: Huntsville, Texas

32. Oklahoma State University

Oklahoma State University’s low-cost online master’s degree programs are available entirely online.

The university offers nearly three dozen graduate-level online programs in fields such as business, education, and engineering. Among the specific offerings are:

• 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

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

Graduation Tuition: $5,531
Number of Online Master’s Degree Programs: 34
Points: 5

Location: Stillwater, Oklahoma

33. Kennesaw State University

Kennesaw State University, which is accredited by the Southern Association of Colleges and Schools Commission on Colleges, offers a variety of online master’s degree programs in education, business, engineering, technology, and nursing.

Here are some examples of program options:

• 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

The school’s online master’s in business, engineering, and computer information technology programs have been named among the best in the country by U.S. News & World Report.

Graduation Tuition: $5,328
Number of Online Master’s Degree Programs: 20
Points: 5

Location: Kennesaw, Georgia

34. Georgia College and State University

For some programs, hybrid options are also available. Georgia College & State has been accredited by the Southern Association of Colleges and Schools Commission on Colleges to offer affordable master’s degrees online. U.S. News & World Report ranks its online master’s programs in business, nursing, and education as highly regarded.

Nearly two dozen different online master’s degree programs are available at Georgia College and State University. Popular selections 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)

Graduation Tuition: $5,292
Number of Online Master’s Degree Programs: 22
Points: 5

Location: Milledgeville, Georgia

35. West Texas A&M University

West Texas A&M University’s online master’s degree programs are among the most affordable in our ranking.

These options are highly adaptable, with many including both fully online and hybrid tracks. There are over a dozen different low-cost master’s degree online programs 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

West Texas A&M University has been accredited by the Southern Association of Colleges and Schools Commission on Colleges to offer these graduate degree programs online. According to U.S. News & World Report, it is one of the top 50 public schools in the country.

Graduation Tuition: $4,968
Number of Online Master’s Degree Programs: 18
Points: 5

Location: Canyon, Texas

36. Valdosta State University

Valdosta State University has some of the most affordable master’s degree online programs available, including nationally ranked graduate programs in business and education.

Popular selections 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

The Southern Association of Colleges and Schools Commission on Colleges has fully accredited Valdosta State to award online master’s degrees. U.S. News & World Report has named it one of the top public schools in the country.

Graduation Tuition: $4,572
Number of Online Master’s Degree Programs: 16
Points: 5

Location: Valdosta, Georgia

37. University of West Georgia

The University of West Georgia has some of the most affordable online master’s degree programs available.

These services cover a wide range of academic disciplines, including computer science, education, business, and even sport management. Degree plans include the following:

• 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

The Southern Association of Colleges and Schools Commission on Colleges has fully accredited UWG to award affordable master’s degrees online. U.S. News & World Report ranked its online MBA and online MSN programs among the top 50 in the country.

Graduation Tuition: $4,338
Number of Online Master’s Degree Programs: 13
Points: 5

Location: Carrollton, Georgia

38. University of the Cumberlands

While the University of the Cumberlands is not known for having a large number of online graduate options, it does have some of the most affordable master’s degree online programs available.

Here are some examples of degree plans:

• 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 Southern Association of Colleges and Schools Commission on Colleges has granted institutional accreditation to the University of the Cumberlands. U.S. News & World Report ranked its online master’s degree in criminal justice as one of the top ten in the country.

Graduation Tuition: $4,282
Number of Online Master’s Degree Programs: 17
Points: 5

Location: Williamsburg, Kentucky

39. Angelo State University

Angelo State University, one of the most affordable graduate schools in our ranking, offers nearly a dozen of the most affordable master’s degree online programs available today.

Graduate students interested in distance education have the following options:

• 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 is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools. Many of the school’s online master’s degree programs, including those in criminal justice, nursing, and education, have received national recognition.

Graduation Tuition: $4,119
Number of Online Master’s Degree Programs: 11
Points: 5

Location: San Angelo, Texas

40. Fitchburg State University

Fitchburg State University offers some of the most affordable online master’s degree programs available anywhere.

These programs aren’t just cheap; U.S. News & World Report ranks the university’s online master’s programs in nursing and business administration as among the best in the country. Optional extras 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.

Graduation Tuition: $3,420
Number of Online Master’s Degree Programs: 18
Points: 5

Location: Fitchburg, Massachusetts

41. University of Florida

Students looking for low-cost online master’s degree programs will find nearly 50 options at the University of Florida.

According to U.S. News & World Report, the school has some of the best graduate programs available via distance education, particularly in the fields of education, business administration, and engineering. Among the specific offerings are:

• 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.

Graduation Tuition: $10,770
Number of Online Master’s Degree Programs: 49
Points: 6

Location: Gainesville, Florida

42. University of Wisconsin

The University of Wisconsin, a leading provider of online master’s degree programs, offers more than a dozen different degree options for graduate students through its Extended Campus.

UW can offer affordable master’s degrees online in disciplines such as engineering, management, education, and business administration by leveraging resources from its 13 different campuses. Here are some examples:

• 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 University of Wisconsin has been fully accredited by the Higher Learning Commission to award online master’s degrees. U.S. News & World Report has named its online graduate engineering programs among the best in the country.

Graduation Tuition: $10,728
Number of Online Master’s Degree Programs: 63
Points: 6

Location: Madison, Wisconsin

43. Florida International University

Florida International University has established itself as a leader in graduate distance education, offering over 30 online master’s degree programs in a variety of academic disciplines.

Many of these programs, including the school’s master’s online options in business administration, criminal justice, engineering, and education, have received high rankings from U.S. News & World Report. Other options 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.

Graduation Tuition: $8,912
Number of Online Master’s Degree Programs: 32
Points: 6

Location: Miami, Florida

44. California State University

California State University, one of the West’s leading providers of online master’s degree programs, offers more than 50 master’s-level programs that can be completed through distance education.

These programs are available in over a dozen different academic areas, including:

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

For students who prefer a blended learning experience, hybrid options are also available. The Western Association of Schools and Colleges has institutionally accredited CSU (WASC). U.S. News & World Report ranked its online master’s degree in criminal justice as one of the top 40 in the country.

Graduation Tuition: $7,176
Number of Online Master’s Degree Programs: 51
Points: 6

Location: Long Beach, California

45. Texas Tech University

Texas Tech University’s Division of eLearning & Academic Partnerships offers online master’s degree programs.

Students looking for low-cost online master’s degree programs will find over a dozen options, 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

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

Graduation Tuition: $6,788
Number of Online Master’s Degree Programs: 40
Points: 6

Location: Lubbock, Texas

46. American Public University

American Public University not only offers a large number of online graduate programs, but it also has some of the most affordable online master’s degree options.

Among its 45 master’s degree programs are the following:

• 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.

Graduation Tuition: $6,660
Number of Online Master’s Degree Programs: 45
Points: 6

Location: Charles Town, West Virginia

47. University of Missouri

In our ranking, the University of Missouri does not have the cheapest master’s degree online programs.

Nonetheless, it is one of the most prolific graduate schools in the country for distance education degrees. The university, which is nationally ranked for its online master’s degree options in business and education, also offers a plethora of other master’s level programs, 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 University of Missouri has been institutionally accredited by the Higher Learning Commission to award these online master’s degrees. According to U.S. News & World Report, it is one of the top 100 best value schools in the country.

Graduation Tuition: $9,478
Number of Online Master’s Degree Programs: 77
Points: 7

Location: Columbia, Missouri

48. North Carolina State University

North Carolina State University, which has full institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges, offers over fifty different affordable online master’s degree programs through its Division of Online and Distance Education.

Many of these programs, including those in engineering, business administration, education, and computer information technology, have been nationally ranked by U.S. News & World Report. Other alternatives 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.

Graduation Tuition: $9,095
Number of Online Master’s Degree Programs: 54
Points: 7

Location: Raleigh, North Carolina

49. Liberty University

Liberty University’s online master’s degree programs are delivered in 8-week terms.

The university provides nearly 75 distinct master’s degree options through distance education, making it one of the top online learning providers for graduate students. Among the most popular degree programs are:

• 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 and provides low-cost master’s degrees online. The school’s online master’s in criminal justice programs have been ranked among the top 100 in the country by U.S. News & World Report.

Graduation Tuition: $7,935
Number of Online Master’s Degree Programs: 73
Points: 7

Location: Lynchburg, Virginia

50. Fort Hays State University

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

Here are some examples of degree plans:

• 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

The Higher Learning Commission has fully accredited Fort Hays State. U.S. News & World Report has ranked its cheap online master’s degrees in education, business administration, and nursing as highly regarded.

Graduation Tuition: $3,726
Number of Online Master’s Degree Programs: 54
Points: 7

Location: Hays, Kansas

51. Arizona State University

Arizona State University is at the top of our list of schools that offer affordable online master’s degree programs.

Prospective students can choose from nearly 90 different graduate degree programs, all of which are available via distance education. Here are some examples of program offerings:

• 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

Arizona State University is accredited by the Higher Learning Commission. Its online master’s degree programs in business administration, engineering, education, and criminal justice are among the best online graduate degrees according to U.S. News & World Report.

Graduation Tuition: $6,516
Number of Online Master’s Degree Programs: 89
Points: 9

Location: Tempe, Arizona

About Online Master’s Degree Programs

There are many reasons to pursue a master’s degree credential. No matter why you opt to enroll, whether it be for career advancement or personal enrichment, pursuing an online master’s degree can be a great choice. Pursuing an advanced degree, particularly a master’s degree, is a serious commitment and should not be taken lightly. Making an informed decision about your education is the first step toward making the most of this opportunity. 

Before distance education, many busy professionals could not achieve a master’s degree. Thankfully, advancements in learning technology have made online master’s degree programs more prevalent than ever before. Specifically, virtual colleges have simplified work and life balance by delivering an affordable method to earn a master’s degree allowing professionals to further their careers without quitting their jobs.

Master’s degree programs in the 21st century have become more flexible and affordable than ever before. Not only do they allow students to keep their day jobs, many enable them to raise their children or take time off to care for aging parents. It used to be that you had to quit your job if you wanted an advanced degree. But today, a master’s degree can be pursued part-time as an online program, paid for by employer tuition assistance and/or government funding.

According to the most recent National Center for Education Statistics (NCES) research, 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 or doctoral degree program).

Types of Online Master’s Degree Programs

In this ranking, our editors sought to identify the most affordable graduate schools and the cheapest online master’s degree programs available. This is due to the fact that cost is a major consideration when selecting a degree program, whether online or otherwise. However, it is critical to remember that tuition and expenses are only one component of the overall picture. There are numerous other factors that distinguish one online master’s degree program from another. We’ll go over some of the variations you can expect to come across while looking for the best online graduate program for you.

Affordable Master’s Degree Online Programs: Admissions

For many prospective students, the prospect of earning an advanced credential such as a master’s degree online is appealing. Before conducting your research on these programs, you should ask yourself the following questions: Can I come in? Fortunately, if you have a bachelor’s degree from a recognized university, the answer is most likely yes. Nonetheless, you should be prepared to submit additional documentation and requirements along with your completed application, such as:

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

Some low-cost graduate programs will require a minimum GPA and/or test scores. Depending on the type of online master’s degree you’re applying for, they may also require that your undergraduate degree be in a specific academic discipline.

Curriculum Details for Online Master’s Degree Programs

When looking for the most affordable graduate schools, you should also consider what your course of study might look like in an online master’s degree program. The specifics of your degree plan will be determined by the field of study you select for your advanced degree. In contrast to bachelor’s degree programs, there are no general education requirements for master’s degree programs. However, depending on the program and your specific academic background, you may be required to take some prerequisite or foundational courses. These classes are designed to level the playing field for all students enrolled in the program and provide them with the background knowledge they will need to succeed in their remaining classes. To earn your online master’s degree, you should expect to take between 30 and 40 credit hours of coursework.

Popular Areas of Study for Online Master’s Degree Programs

Online master’s degrees are now available in almost every academic discipline and specialization imaginable. If you look hard enough, you can even find online learning opportunities in unusual subjects such as explosives engineering or comic book art. The most popular fields of study are less interesting but still have a lot of promise. According to the National Center for Education Statistics (NCES), the most popular fields of study for master’s level graduate students are:

• Business
• Education
• Health Professions

Frequently-Searched Schools for Online Master’s Degree Programs

FAQs About Affordable Online Masters Degree Programs

Most online master’s degree students have a slew of questions they’d like answered before committing to the process and selecting from among the most affordable graduate schools. Doesn’t that make sense? Our editors have answered some of the most frequently asked questions from students looking for the cheapest online master’s degree programs below. Remember that the information provided is general in nature and is not meant to replace information from an admissions counselor or other school representative.