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2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (With Aid)

323 Ranked Colleges
37,951 Degrees Awarded
$11,200 Avg Net Price*
Best Value ME Schools for a Bachelor's For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value ME Schools for a Bachelor’s For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2019-2020, 47,598 people earned their degree in mechanical engineering, making the major the 20th most popular in the United States. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.

At the bachelor’s degree level specifically, there were 37,951 mechanical engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.

For this year’s “Best Value ME Schools for a Bachelor’s For Those Getting Aid” ranking, we looked at 323 colleges that offer a degree in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools for a Bachelor’s For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value ME Schools for a Bachelor’s For Those Getting Aid

The following schools top our list of the Best Best Value ME Schools for a Bachelor’s For Those Getting Aid.

Top 25 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (With Aid)

#1

University of Florida

Gainesville, Florida

You’ll be in good company if you decide to attend University of Florida. It ranked #1 on our 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. UF is a large public school situated in Gainesville, Florida. It awarded 320 bachelors’s ME degrees in 2019-2020.

UF excels when it comes to ME quality. It’s ranked in the top 15% of all schools on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UF is $6,302 for bachelor’s degree me students with aid.

The student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read more about Mechanical Engineering at University of Florida

#2

Princeton University

Princeton, New Jersey

Out of the 323 schools in the Best Value ME Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, Princeton University landed the #2 spot on the list. This medium-sized school is located in Princeton, New Jersey, and it awarded 52 bachelors’s ME degrees in 2019-2020.

Princeton also made our “Best Mechanical Engineering Bachelor’s Degree Schools” list, coming in at #3. It costs about $11,317 for bachelor’s degree me students with aid per year to attend Princeton.

The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Princeton University Mechanical Engineering Report

#3

Purdue University - Main Campus

West Lafayette, Indiana

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #3 on our 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. Purdue University - Main Campus is a large public school situated in West Lafayette, Indiana. It awarded 376 bachelors’s ME degrees in 2019-2020.

In addition to being on this list, Purdue is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Purdue is $13,986 for bachelor’s degree me students with aid.

The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Read full report on Mechanical Engineering at Purdue University - Main Campus

You’ll be in good company if you decide to attend University of Washington - Seattle Campus. It ranked #4 on our 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. Located in Seattle, Washington, this large public school awarded 124 diplomas to qualified bachelors’s ME students in 2019-2020.

The yearly cost to attend University of Washington - Seattle Campus is $13,297 for bachelor’s degree me students with aid.

The low student loan default rate of 2.2% 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 93%, which means students like the school well enough to return for a second year.

Read more about Mechanical Engineering at UW Seattle

#5

The City College of New York

New York, New York

Out of the 323 schools in the Best Value ME Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, The City College of New York landed the #5 spot on the list. Located in New York, New York, this fairly large public school handed out 125 diplomas to qualified bachelors’s ME students in 2019-2020.

The yearly cost to attend CCNY is $2,385 for Bachelor’s Degree ME students with aid.

Full CCNY Mechanical Engineering Report

#6

Massachusetts Institute of Technology

Cambridge, Massachusetts

Massachusetts Institute of Technology came in at #6 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking. Massachusetts Institute of Technology is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 147 bachelors’s ME degrees in 2019-2020.

MIT not only placed well in this ranking. It is also #2 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It costs about $16,636 for bachelor’s degree me students with aid per year to attend MIT.

The impressive student-to-faculty ratio of 3 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 98%, the school does an excellent job of retaining its students.

Read full report on Mechanical Engineering at MIT

California State University - Los Angeles came in at #7 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking. Cal State LA is located in Los Angeles, California and, has a large student population. In 2019-2020, this school awarded 144 bachelors’s ME degrees to qualified students.

The yearly cost to attend Cal State LA is $2,768 for bachelor’s degree me students with aid.

The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.

Full Cal State LA Mechanical Engineering Report

With a ranking of #8, The University of Texas Rio Grande Valley did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. UT Rio Grande Valley is a large public school situated in Edinburg, Texas. It awarded 99 bachelors’s ME degrees in 2019-2020.

It costs about $4,514 for bachelor’s degree me students with aid per year to attend The University of Texas Rio Grande Valley.

The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Full The University of Texas Rio Grande Valley Mechanical Engineering Report

University of Illinois at Urbana-Champaign ranked #9 on this year’s Best Value ME Schools for a Bachelor’s For Those Getting Aid list. This large school is located in Champaign, Illinois, and it awarded 179 bachelors’s ME degrees in 2019-2020.

In addition to being on this list, UIUC is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend UIUC is $15,880 for Bachelor’s Degree ME 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 school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Full UIUC Mechanical Engineering Report

#10

Stanford University

Stanford, California

Stanford University came in at #10 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking. Stanford University is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 54 bachelors’s degrees in 2019-2020.

Stanford did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Stanford is $11,496 for Bachelor’s Degree ME students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low student loan default rate of 0.5% 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 student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Stanford Mechanical Engineering Report

With a ranking of #11, University of Wisconsin - Madison did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 190 students in 2019-2020.

UW - Madison also claimed a top spot on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools in this category. The yearly cost to attend University of Wisconsin - Madison is $17,708 for Bachelor’s Degree ME students with aid.

The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read more about Mechanical Engineering at University of Wisconsin - Madison

#12

University of Michigan - Ann Arbor

Ann Arbor, Michigan

With a ranking of #12, University of Michigan - Ann Arbor did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 289 bachelors’s degrees in 2019-2020.

U-M also took the #10 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend U-M is $15,336 for Bachelor’s Degree ME students with aid.

The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 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 Mechanical Engineering at University of Michigan - Ann Arbor

California State University - Fresno ranked #13 on this year’s Best Value ME Schools for a Bachelor’s For Those Getting Aid list. Located in Fresno, California, this large public school awarded 86 degrees to qualified bachelors’s ME students in 2019-2020.

The estimated yearly cost for California State University - Fresno is $5,464 for Bachelor’s Degree ME students with aid.

The student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read more about Mechanical Engineering at Fresno State

California State University - Fullerton came in at #14 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking. Cal State Fullerton is a large school located in Fullerton, California that handed out 231 bachelors’s ME degrees in 2019-2020.

It costs about $7,991 for bachelor’s degree me students with aid per year to attend California State University - Fullerton.

The school has an impressive student loan default rate. It’s only 2.7%, 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 89%.

Full Cal State Fullerton Mechanical Engineering Report

With a ranking of #15, Georgia Institute of Technology - Main Campus did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. Georgia Institute of Technology - Main Campus is located in Atlanta, Georgia and, has a large student population. In 2019-2020, this school awarded 572 bachelors’s ME degrees to qualified students.

Georgia Tech did well in our major quality rankings, too. It placed #12 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It costs about $14,739 for bachelor’s degree me students with aid per year to attend Georgia Tech.

With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The low 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%.

Read full report on Mechanical Engineering at Georgia Tech

With a ranking of #16, Brigham Young University - Idaho did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. This large school is located in Rexburg, Idaho, and it awarded 127 bachelors’s ME degrees in 2019-2020.

The yearly cost to attend BYU - I is $7,167 for bachelor’s degree me students with aid.

The low student loan default rate of 3.2% 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 Mechanical Engineering at Brigham Young University - Idaho

The University of Texas at Austin ranked #17 on this year’s Best Value ME Schools for a Bachelor’s For Those Getting Aid list. Austin, Texas is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 273 students in 2019-2020.

As a testament to the quality of education offered at UT Austin, the school also landed the #19 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $18,023 for Bachelor’s Degree ME students with aid per year to attend The University of Texas at Austin.

The school has an impressive student loan default rate. It’s only 2.7%, 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 97%.

Read more about Mechanical Engineering at UT Austin

With a ranking of #18, The University of Texas of the Permian Basin did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. The University of Texas of the Permian Basin is a medium-sized public school situated in Odessa, Texas. It awarded 55 bachelors’s ME degrees in 2019-2020.

It costs about $10,092 for bachelor’s degree me students with aid per year to attend UT Permian Basin.

Read more about Mechanical Engineering at The University of Texas of the Permian Basin

#19

University of Central Florida

Orlando, Florida

University of Central Florida landed the #19 spot on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking. UCF is a large school located in Orlando, Florida that handed out 461 bachelors’s ME degrees in 2019-2020.

The yearly cost to attend University of Central Florida is $10,274 for bachelor’s degree me students with aid.

The student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.

Read more about Mechanical Engineering at UCF

California State University - Northridge landed the #20 spot on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking. Located in Northridge, California, this large public school handed out 226 diplomas to qualified bachelors’s ME students in 2019-2020.

The yearly cost to attend California State University - Northridge is $8,414 for bachelor’s degree me students with aid.

The low student loan default rate of 2.0% 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%.

Full California State University - Northridge Mechanical Engineering Report

Missouri University of Science and Technology did quite well in the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #21. Missouri University of Science and Technology is located in Rolla, Missouri and, has a medium-sized student population. In 2019-2020, this school awarded 279 bachelors’s ME degrees to qualified students.

In addition to being on this list, Missouri University of Science and Technology is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 20% of all schools reviewed in that analysis. The yearly cost to attend Missouri University of Science and Technology is $14,262 for bachelor’s degree me students with aid.

The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Read more about Mechanical Engineering at Missouri University of Science and Technology

Florida International University did quite well in the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #22. Florida International University is a large public school situated in Miami, Florida. It awarded 174 bachelors’s ME degrees in 2019-2020.

The yearly cost to attend FIU is $7,296 for bachelor’s degree me students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Read more about Mechanical Engineering at FIU

#23

University of California - Los Angeles

Los Angeles, California

University of California - Los Angeles did quite well in the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #23. UCLA is a public institution located in Los Angeles, California. The school has a large population, and it awarded 137 bachelors’s degrees in 2019-2020.

On top of its placing in this ranking, UCLA also did well on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The yearly cost to attend University of California - Los Angeles is $14,279 for Bachelor’s Degree ME students with aid.

The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 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.

Full University of California - Los Angeles Mechanical Engineering Report

With a ranking of #24, University of California - Irvine did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Getting Aid list. UC Irvine is a large school located in Irvine, California that handed out 263 bachelors’s ME degrees in 2019-2020.

It costs about $14,783 for Bachelor’s Degree ME students with aid per year to attend UC Irvine.

The low 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Full University of California - Irvine Mechanical Engineering Report

#25

North Carolina State University

Raleigh, North Carolina

North Carolina State University ranked #25 on this year’s Best Value ME Schools for a Bachelor’s For Those Getting Aid list. This large school is located in Raleigh, North Carolina, and it awarded 288 bachelors’s ME degrees in 2019-2020.

As a testament to the quality of education it offers, NC State is also in the top of our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It’s in the top 20% of all schools reviewed in that analysis. The yearly cost to attend NC State is $16,458 for bachelor’s degree me students with aid.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read more about Mechanical Engineering at NC State

Rest of the Best 49 in Best Value ME Schools for a Bachelor’s For Those Getting Aid

Not only did these schools make the top 49 list, but they also landed in the top 15% of this year’s ranking:

#29

San Diego State University

San Diego, California
#30

Harvard University

Cambridge, Massachusetts
#32

University of California - Berkeley

Berkeley, California
#34

North Carolina A & T State University

Greensboro, North Carolina
#35

Purdue University Northwest

Hammond, Indiana
#36

Florida State University

Tallahassee, Florida
#37

Michigan State University

East Lansing, Michigan
#38

The University of West Florida

Pensacola, Florida
#39

University of Wisconsin - Stout

Menomonie, Wisconsin
#41

Rice University

Houston, Texas
#46

University of Maryland - College Park

College Park, Maryland
#48

University of Wisconsin - Platteville

Platteville, Wisconsin
#49

Texas Tech University

Lubbock, Texas

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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