by our College Data Analytics TeamCollege Factual’s Best for the Money Rankings compare the quality of a Carnegie Mellon degree with its cost to decide whether the school is asking a fair price. Here is how Carnegie Mellon measures up.
Carnegie Mellon is ranked #2,789 out of 3,211 schools for value nationwide, earning a value grade of C (above average for value). Within Pennsylvania, it ranks #150 of 168 for value.
Among the majors Carnegie Mellon offers, these rank best for value nationally.
| Major | National Value Rank |
|---|---|
| Other Mathematics & Statistics | #6 of 8 |
| Other Statistics | #6 of 8 |
| Mathematics | #6 of 8 |
| Systems Science & Theory | #9 of 10 |
| Systems Theory | #9 of 10 |
| Bachelor's Degree | #9 of 10 |
| Computational Mathematics | #15 of 17 |
| Stringed Instruments | #19 of 30 |
| Financial Mathematics | #21 of 32 |
| Cognitive Science | #28 of 37 |
Below is the detailed Carnegie Mellon value breakdown: state and national value rankings, the real cost of a degree, and how the price stacks up against the aid most students receive.
Carnegie Mellon University is ranked #3 out of #181 in Pennsylvania for quality and #150 out of #168 for Pennsylvania value.
Live in-state? You may qualify for a reduced price. Check the Carnegie Mellon financial aid page to be sure.
Carnegie Mellon University is ranked #2,789 out of 3,211 for value nationwide.
Carnegie Mellon University is priced appropriately for the quality of education it provides, making it a fair value according to College Factual.
Averaged across all students — those who receive aid and those who pay full price — a year at Carnegie Mellon costs about $58,319. Over a standard four-year bachelor's program, that adds up to an estimated $233,275 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $83,659 / year |
| Net Price (students receiving aid) | $31,944 / year |
| Average Cost (all students) | $58,319 / year |
| Estimated 4-Year Cost | $233,275 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
There are many ways to lower the cost of a college education. Consider in-state tuition, transfer credits, or finishing your degree faster. Learn more about Carnegie Mellon net price and the factors that affect it.
What Carnegie Mellon costs you depends on how much aid you receive, so few students fit perfectly into averages.
Here is how the estimated 4-year cost of a Carnegie Mellon degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $334,636 | — | — |
| All Students | $233,275 | #2,789 | C |
| Only Students Receiving Aid | $127,776 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $334,636 | — | — |
| All Students | $233,275 | #150 | C |
| Only Students Receiving Aid | $127,776 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at Carnegie Mellon shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $8,460 |
| $30K–$48K | $12,600 |
| $48K–$75K | $17,534 |
| $75K–$110K | $27,827 |
| Over $110K | $52,593 |
About 49% of Carnegie Mellon undergraduates receive grant or scholarship aid, averaging $47,608 per year. Get more details on the Carnegie Mellon financial aid you may qualify for.
College Factual determines value by weighing a school’s average total cost against its educational quality, then comparing it to other schools in the same quality tier. See the Carnegie Mellon net price page for the cost detail.
Read the full Best for the Money Ranking Methodology.