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2023 Best Value Colleges for Engineering Physics (With Aid)

49 Ranked Colleges
994 Degrees Awarded
$19,500 Avg Net Price*
Best Value Engineering Physics Schools For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Engineering Physics Schools For Those Getting Aid” ranking is part of that endeavor.

Engineering Physics is the 244th most popular major in the country with 994 degrees awarded in 2020-2021. In 2019-2020, engineering physics graduates who were awarded their degree in 2017-2019, earned an average of $53,863 and had an average of $25,114 in loans still to pay off.

This year’s “Best Value Engineering Physics Schools For Those Getting Aid” ranking looked at 49 colleges that offer degrees in a bachelor’s in engineering physics. This ranking identifies schools with high-quality engineering physics programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the engineering physics program at the school. For more information, check out our ranking methodology.

More Ways to Rank Engineering Physics Schools

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The engineering physics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Engineering Physics Schools For Those Getting Aid”.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Engineering Physics Schools For Those Getting Aid

The colleges and universities below are the best for engineering physics students with aid.

Top 25 Best Value Colleges for Engineering Physics (With Aid)

1
Harvard crest
Harvard University
Cambridge, Massachusetts

Out of the 49 schools in the Best Value Engineering Physics Schools For Those Getting Aid that were part of this year’s ranking, Harvard University landed the #1 spot on the list. Harvard University is located in Cambridge, Massachusetts and, has a large student population. In 2020-2021, this school awarded 17 ’s engineering physics degrees to qualified students.

Harvard did well in our major quality rankings, too. It placed #1 on our “Best Engineering Physics Schools” list. It costs about $13,872 for Engineering Physics students with aid per year to attend Harvard University.

The undergraduate student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low undergrad student loan default rate of 0.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Engineering Physics at Harvard University

2

You’ll join some of the best and brightest minds around if you attend University of California - San Diego. The school came in at #2 for the Best Value Engineering Physics Schools For Those Getting Aid. UCSD is a large public school situated in La Jolla, California. It awarded 17 ’s engineering physics degrees in 2020-2021.

UCSD not only placed well in this ranking. It is also #9 on our “Best Engineering Physics Schools” list. The yearly cost to attend UCSD is $15,240 for Engineering Physics students with aid.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Engineering Physics at University of California - San Diego

3
Rice crest
Rice University
Houston, Texas

Out of the 49 schools in the Best Value Engineering Physics Schools For Those Getting Aid that were part of this year’s ranking, Rice University landed the #3 spot on the list. Rice is a medium-sized school located in Houston, Texas that handed out 10 ’s engineering physics degrees in 2020-2021.

Rice also took the #5 spot in our “Best Engineering Physics Schools” ranking. The yearly cost to attend Rice University is $16,076 for Engineering Physics students with aid.

The undergrad student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Engineering Physics at Rice

4

Out of the 49 schools in the Best Value Engineering Physics Schools For Those Getting Aid that were part of this year’s ranking, University of California - Berkeley landed the #4 spot on the list. This large school is located in Berkeley, California, and it awarded 18 ’s engineering physics degrees in 2020-2021.

As a testament to the quality of education offered at UC Berkeley, the school also landed the #6 spot in our “Best Engineering Physics Schools” ranking. It costs about $16,032 for Engineering Physics students with aid per year to attend UC Berkeley.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Engineering Physics at UC Berkeley

5

You’ll join some of the best and brightest minds around if you attend Columbia University in the City of New York. The school came in at #5 for the Best Value Engineering Physics Schools For Those Getting Aid. Columbia University in the City of New York is a large school located in New York, New York that handed out 41 ’s engineering physics degrees in 2020-2021.

Columbia also made our “Best Engineering Physics Schools” list, coming in at #3. The yearly cost to attend Columbia is $22,823 for engineering physics students with aid.

The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low undergrad student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Read full report on Engineering Physics at Columbia University in the City of New York

6

University of Wisconsin - Platteville ranked #6 on this year’s Best Value Engineering Physics Schools For Those Getting Aid list. UW - Platteville is a medium-sized public school situated in Platteville, Wisconsin. It awarded 22 ’s engineering physics degrees in 2020-2021.

UW - Platteville also made our “Best Engineering Physics Schools” list, coming in at #18. The yearly cost to attend UW - Platteville is $14,565 for engineering physics students with aid.

Full UW - Platteville Engineering Physics Report

7

University of Illinois at Urbana-Champaign landed the #7 spot on the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s engineering physics degrees to 74 students in 2020-2021.

In addition to being on our engineering physics students with aid list, UIUC has also earned the #19 rank in our “Best Engineering Physics Schools” ranking. The yearly cost to attend UIUC is $14,321 for Engineering Physics students with aid.

The low undergrad student loan default rate of 2.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read full report on Engineering Physics at University of Illinois at Urbana-Champaign

8

University of Michigan - Ann Arbor ranked #8 on this year’s Best Value Engineering Physics Schools For Those Getting Aid list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2020-2021, this school awarded 21 ’s engineering physics degrees to qualified students.

U-M also took the #10 spot in our “Best Engineering Physics Schools” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $14,878 for Engineering Physics students with aid.

The low undergrad student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.

Read full report on Engineering Physics at University of Michigan - Ann Arbor

9
University of Virginia crest
University of Virginia - Main Campus
Charlottesville, Virginia

University of Virginia - Main Campus did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #9. Located in Charlottesville, Virginia, this large public school handed out 1 degrees to qualified ’s engineering physics students in 2020-2021.

In addition to being on our engineering physics students with aid list, University of Virginia has also earned the #14 rank in our “Best Engineering Physics Schools” ranking. It costs about $22,006 for engineering physics students with aid per year to attend University of Virginia.

With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at University of Virginia - Main Campus

10
Murray State crest
Murray State University
Murray, Kentucky

Murray State University landed the #10 spot on the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking. Murray State is a medium-sized public school situated in Murray, Kentucky. It awarded 29 ’s engineering physics degrees in 2020-2021.

The estimated yearly cost for Murray State University is $11,736 for Engineering Physics students with aid.

Read more about Engineering Physics at Murray State

11

Arizona State University - Tempe did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #11. This large school is located in Tempe, Arizona, and it awarded 3 ’s engineering physics degrees in 2020-2021.

The yearly cost to attend ASU - Tempe is $13,107 for engineering physics students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive undergrad student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Full Arizona State University - Tempe Engineering Physics Report

12

Ohio State University - Main Campus landed the #12 spot on the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking. This large school is located in Columbus, Ohio, and it awarded 23 ’s engineering physics degrees in 2020-2021.

Ohio State also took the #16 spot in our “Best Engineering Physics Schools” ranking. The estimated yearly cost for Ohio State is $16,845 for engineering physics students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at Ohio State

13
Northwestern crest
Northwestern University
Evanston, Illinois

Northwestern University did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #13. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 7 ’s engineering physics degrees in 2020-2021.

Northwestern not only placed well in this ranking. It is also #4 on our “Best Engineering Physics Schools” list. The yearly cost to attend Northwestern University is $23,279 for Engineering Physics students with aid.

Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Engineering Physics at Northwestern University

14

University of Wisconsin - Madison ranked #14 on this year’s Best Value Engineering Physics Schools For Those Getting Aid list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 1 ’s degrees in 2020-2021.

The yearly cost to attend UW - Madison is $17,234 for Engineering Physics students with aid.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at UW - Madison

15
Dartmouth crest
Dartmouth College
Hanover, New Hampshire

Dartmouth College landed the #15 spot on the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking. Hanover, New Hampshire is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering physics degrees to 1 students in 2020-2021.

Dartmouth did well in our major quality rankings, too. It placed #7 on our “Best Engineering Physics Schools” list. It costs about $32,410 for Engineering Physics students with aid per year to attend Dartmouth.

Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The low undergrad student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Since the school has a undergrad student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read more about Engineering Physics at Dartmouth College

16
Oakland crest
Oakland University
Rochester Hills, Michigan

Oakland University came in at #16 in this year’s edition of the Best Value Engineering Physics Schools For Those Getting Aid ranking. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 1 ’s engineering physics degrees to qualified students.

The estimated yearly cost for Oakland University is $13,449 for engineering physics students with aid.

The low undergrad student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Oakland Engineering Physics Report

17

New Mexico State University - Main Campus landed the #17 spot on the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking. NMSU Main Campus is a public institution located in Las Cruces, New Mexico. The school has a fairly large population, and it awarded 6 ’s degrees in 2020-2021.

It costs about $10,428 for engineering physics students with aid per year to attend New Mexico State University - Main Campus.

Read full report on Engineering Physics at NMSU Main Campus

18
Cornell crest
Cornell University
Ithaca, New York

Cornell University came in at #18 in this year’s edition of the Best Value Engineering Physics Schools For Those Getting Aid ranking. Located in Ithaca, New York, this large private not-for-profit school handed out 62 degrees to qualified ’s engineering physics students in 2020-2021.

As a testament to the quality of education offered at Cornell, the school also landed the #2 spot in our “Best Engineering Physics Schools” ranking. The estimated yearly cost for Cornell is $37,042 for Engineering Physics students with aid.

The low undergrad student loan default rate of 0.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Engineering Physics at Cornell

19

University of Illinois at Chicago did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #19. This large school is located in Chicago, Illinois, and it awarded 4 ’s engineering physics degrees in 2020-2021.

The yearly cost to attend University of Illinois at Chicago is $13,214 for Engineering Physics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at UIC

20
University of Arizona crest
University of Arizona
Tucson, Arizona

University of Arizona ranked #20 on this year’s Best Value Engineering Physics Schools For Those Getting Aid list. This large school is located in Tucson, Arizona, and it awarded 4 ’s engineering physics degrees in 2020-2021.

The yearly cost to attend University of Arizona is $13,358 for engineering physics students with aid.

With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students.

Full University of Arizona Engineering Physics Report

21
Tufts crest
Tufts University
Medford, Massachusetts

Tufts University did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #21. Tufts is a fairly large school located in Medford, Massachusetts that handed out 7 ’s engineering physics degrees in 2020-2021.

Tufts also took the #11 spot in our “Best Engineering Physics Schools” ranking. The yearly cost to attend Tufts is $37,494 for engineering physics students with aid.

The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive undergrad student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.

Read more about Engineering Physics at Tufts

22

University of Oklahoma Norman Campus did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #22. University of Oklahoma is a public institution located in Norman, Oklahoma. The school has a large population, and it awarded 5 ’s degrees in 2020-2021.

As a testament to the quality of education offered at University of Oklahoma, the school also landed the #25 spot in our “Best Engineering Physics Schools” ranking. The yearly cost to attend University of Oklahoma is $21,122 for Engineering Physics students with aid.

The low undergrad student loan default rate of 3.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Full University of Oklahoma Norman Campus Engineering Physics Report

23
Brown crest
Brown University
Providence, Rhode Island

Brown University did quite well in the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking, coming in at #23. Brown University is a fairly large school located in Providence, Rhode Island that handed out 2 ’s engineering physics degrees in 2020-2021.

Brown did well in our major quality rankings, too. It placed #8 on our “Best Engineering Physics Schools” list. The estimated yearly cost for Brown is $29,544 for Engineering Physics students with aid.

The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Engineering Physics at Brown

24
Mines crest
Colorado School of Mines
Golden, Colorado

Colorado School of Mines landed the #24 spot on the 2023 Best Value Engineering Physics Schools For Those Getting Aid ranking. Golden, Colorado is the setting for this medium-sized institution of higher learning. The public school handed out ’s engineering physics degrees to 59 students in 2020-2021.

In addition to being on our engineering physics students with aid list, Mines has also earned the #12 rank in our “Best Engineering Physics Schools” ranking. The estimated yearly cost for Colorado School of Mines is $27,114 for Engineering Physics students with aid.

The low undergrad student loan default rate of 0.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students.

Full Mines Engineering Physics Report

25

University of Colorado Boulder ranked #25 on this year’s Best Value Engineering Physics Schools For Those Getting Aid list. CU - Boulder is a large public school situated in Boulder, Colorado. It awarded 27 ’s engineering physics degrees in 2020-2021.

The yearly cost to attend CU - Boulder is $20,967 for Engineering Physics students with aid.

The undergrad student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students.

Read more about Engineering Physics at University of Colorado Boulder

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