Carnegie Mellon University

Is Carnegie Mellon a Good School for the Money?

Carnegie Mellon University Value Report

What is a Carnegie Mellon degree worth? College Factual's value analysis compares Carnegie Mellon with other schools of similar quality to see if it's priced fairly.

Within Pennsylvania, Carnegie Mellon is a Great Quality for a Fair Price.

Top 50% Pennsylvania Value
Top 5% Pennsylvania Quality

Carnegie Mellon University is ranked #3 out of #123 in Pennsylvania for quality and #53 out of #111 for Pennsylvania value.

This makes it a great quality for a fair price in the state.

State Value Ranking  53 out of 111
Overpriced
Great Value
State Value Score  52.25 out of 100
Overpriced
Great Value

Find out if Carnegie Mellon offers in-state tuition that you may qualify for.

Fair Value Nationwide

Average National Value
Top 5% National Quality

Carnegie Mellon University is ranked #779 out of 1,472 for value nationwide.

Carnegie Mellon University is a fair value according to College Factual's value analysis. It is priced appropriately based on the quality of the education provided.

National Value Ranking  779 out of 1472
Overpriced
Great Value
National Value Score  47.08 out of 100
Overpriced
Great Value

Prices of Institutions with Similar Quality Scores

School Total Price Value Grade
Davidson College $164,912 A-
College of the Holy Cross $204,792 C+
Emory University $211,052 C+
Bowdoin College $215,489 C
University of Michigan - Ann Arbor $215,904 C
Colgate University $216,995 C
Columbia University in the City of New York $220,383 C
Middlebury College $223,056 C
Wesleyan University $224,016 C
Wake Forest University $230,753 C
Carnegie Mellon University $238,042 C

*Total price is determined by multiplying average annual cost by time to graduate.

That Degree May Cost You $238,042 in Total

The average Carnegie Mellon student's degree will cost an estimated $238,042. This is based on an average price (with and without aid) of $56,812 and a typical 4.19 years to graduate.

Amount
Average Yearly Cost $56,812
Average Years to Graduate 4.19
Estimated Avg Total Cost of Degree $238,042

Many Factors Affect Net Price

There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about Carnegie Mellon cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.

Does This School Make Financial Sense To You?

$169,661 In-State With Aid
$312,117 Avg Cost No Aid
4.19 Years to Graduate

Net price can vary based on your unique situation.

Look at the table below to get a sense of how Carnegie Mellon value for your educational dollar might vary.

Nationwide Value by Aid Group Avg Degree Cost Value Rank Value Grade
Students with no Aid $312,117 #733 C
All Students $238,042 #779 C
Only Students Receiving Aid $169,661 #583 B-
In-State Value by Aid Group Avg Degree Cost Value Rank Value Grade
Students with no Aid $312,117 #52 C
All Students $238,042 #53 C
Only Students Receiving Aid $169,661 #36 B

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Pennsylvania.

About 59% of Carnegie Mellon students receive financial aid. Get more details on what Carnegie Mellon financial aid you may qualify for.

How to Calculate Value

College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.

References

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