2023 Best Value Colleges for Petroleum Engineering (With Aid)
22
Ranked Colleges
1,256
Degrees Awarded
$17,200
Avg Net Price*
It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Petroleum Engineering Schools For Those Getting Aid” ranking - to help you make that decision.
In 2020-2021, 1,256 people earned their degree in petroleum engineering, making the major the 223rd most popular in the United States. In 2019-2020, petroleum engineering graduates who were awarded their degree in 2017-2019, earned an average of $83,917 and had an average of $25,780 in loans still to pay off.
This year’s “Best Value Petroleum Engineering Schools For Those Getting Aid” ranking looked at 22 colleges that offer degrees in a bachelor’s in petroleum engineering. This ranking identifies schools with high-quality petroleum 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 petroleum 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.
More Ways to Rank Petroleum Engineering Schools
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Petroleum Engineering Schools For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Petroleum Engineering Schools For Those Getting Aid
The following schools top our list of the Best Best Value Petroleum Engineering Schools For Those Getting Aid.
Top 22 Best Value Colleges for Petroleum Engineering (With Aid)
You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #1 on our 2023 Best Value Petroleum Engineering Schools For Those Getting Aid list. The University of Texas at Austin is a large public school situated in Austin, Texas. It awarded 123 ’s petroleum engineering degrees in 2020-2021.
UT Austin also made our “Best Petroleum Engineering Schools” list, coming in at #3. It costs about $18,350 for Petroleum Engineering students with aid per year to attend The University of Texas at Austin.
With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.
Full The University of Texas at Austin Petroleum Engineering Report
Out of the 22 schools in the Best Value Petroleum Engineering Schools For Those Getting Aid that were part of this year’s ranking, Texas A&M University - College Station landed the #2 spot on the list. Texas A&M University - College Station is located in College Station, Texas and, has a large student population. In 2020-2021, this school awarded 195 ’s petroleum engineering degrees to qualified students.
Texas A&M College Station not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Schools” list. The estimated yearly cost for Texas A&M College Station is $18,919 for petroleum engineering students with aid.
The school has an impressive undergrad student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.
Read more about Petroleum Engineering at Texas A&M College Station
Out of the 22 schools in the Best Value Petroleum Engineering Schools For Those Getting Aid that were part of this year’s ranking, Missouri University of Science and Technology landed the #3 spot on the list. This medium-sized school is located in Rolla, Missouri, and it awarded 34 ’s petroleum engineering degrees in 2020-2021.
Missouri University of Science and Technology also took the #8 spot in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for Missouri University of Science and Technology is $12,964 for petroleum engineering students with aid.
The undergrad student loan default rate at the school is 3.7%, 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.
Full Missouri University of Science and Technology Petroleum Engineering Report
You’ll be in good company if you decide to attend University of North Dakota. It ranked #4 on our 2023 Best Value Petroleum Engineering Schools For Those Getting Aid list. University of North Dakota is a fairly large public school situated in Grand Forks, North Dakota. It awarded 53 ’s petroleum engineering degrees in 2020-2021.
In addition to being on our petroleum engineering students with aid list, UND has also earned the #7 rank in our “Best Petroleum Engineering Schools” ranking. It costs about $16,966 for Petroleum Engineering students with aid per year to attend UND.
The low undergrad student loan default rate of 2.8% 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 more about Petroleum Engineering at UND
Out of the 22 schools in the Best Value Petroleum Engineering Schools For Those Getting Aid that were part of this year’s ranking, West Virginia University landed the #5 spot on the list. Morgantown, West Virginia is the setting for this large institution of higher learning. The public school handed out ’s petroleum engineering degrees to 74 students in 2020-2021.
As a testament to the quality of education offered at WVU, the school also landed the #13 spot in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for WVU is $13,355 for petroleum engineering students with aid.
Full West Virginia University Petroleum Engineering Report
Montana Technological University came in at #6 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Getting Aid ranking. Located in Butte, Montana, this small public school awarded 34 diplomas to qualified ’s petroleum engineering students in 2020-2021.
Montana Tech also took the #12 spot in our “Best Petroleum Engineering Schools” ranking. It costs about $15,814 for Petroleum Engineering students with aid per year to attend Montana Tech.
Full Montana Tech Petroleum Engineering Report
University of Wyoming did quite well in the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid ranking, coming in at #7. University of Wyoming is located in Laramie, Wyoming and, has a fairly large student population. In 2020-2021, this school awarded 41 ’s petroleum engineering degrees to qualified students.
As a testament to the quality of education offered at UW, the school also landed the #16 spot in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for UW is $11,085 for petroleum engineering students with aid.
The low undergrad student loan default rate of 3.5% 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%.
Read full report on Petroleum Engineering at University of Wyoming
Texas Tech University ranked #8 on this year’s Best Value Petroleum Engineering Schools For Those Getting Aid list. Located in Lubbock, Texas, this large public school awarded 50 diplomas to qualified ’s petroleum engineering students in 2020-2021.
Texas Tech did well in our major quality rankings, too. It placed #9 on our “Best Petroleum Engineering Schools” list. The yearly cost to attend Texas Tech University is $16,194 for petroleum engineering students with aid.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 4.5% 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%.
Read full report on Petroleum Engineering at Texas Tech University
University of Houston did quite well in the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid ranking, coming in at #9. UH is a public institution located in Houston, Texas. The school has a large population, and it awarded 56 ’s degrees in 2020-2021.
UH not only placed well in this ranking. It is also #15 on our “Best Petroleum Engineering Schools” list. The yearly cost to attend UH is $13,721 for petroleum engineering students with aid.
The undergrad student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read more about Petroleum Engineering at University of Houston
With a ranking of #10, The University of Texas of the Permian Basin did quite well on the 2023 Best Value Petroleum Engineering Schools 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 28 ’s petroleum engineering degrees in 2020-2021.
UT Permian Basin not only placed well in this ranking. It is also #18 on our “Best Petroleum Engineering Schools” list. It costs about $10,591 for petroleum engineering students with aid per year to attend The University of Texas of the Permian Basin.
Read full report on Petroleum Engineering at UT Permian Basin
University of Alaska Fairbanks did quite well in the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid ranking, coming in at #11. Fairbanks, Alaska is the setting for this medium-sized institution of higher learning. The public school handed out ’s petroleum engineering degrees to 6 students in 2020-2021.
UAF not only placed well in this ranking. It is also #19 on our “Best Petroleum Engineering Schools” list. It costs about $10,510 for Petroleum Engineering students with aid per year to attend University of Alaska Fairbanks.
Read more about Petroleum Engineering at University of Alaska Fairbanks
Mississippi State University landed the #12 spot on the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid ranking. Mississippi State is a large school located in Mississippi State, Mississippi that handed out 15 ’s petroleum engineering degrees in 2020-2021.
In addition to being on our petroleum engineering students with aid list, Mississippi State has also earned the #11 rank in our “Best Petroleum Engineering Schools” ranking. The estimated yearly cost for Mississippi State University is $16,122 for Petroleum Engineering students with aid.
With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students.
Full Mississippi State Petroleum Engineering Report
Louisiana State University and Agricultural & Mechanical College ranked #13 on this year’s Best Value Petroleum Engineering Schools For Those Getting Aid list. Baton Rouge, Louisiana is the setting for this large institution of higher learning. The public school handed out ’s petroleum engineering degrees to 74 students in 2020-2021.
Louisiana State University also made our “Best Petroleum Engineering Schools” list, coming in at #10. It costs about $17,811 for petroleum engineering students with aid per year to attend Louisiana State University.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low undergrad student loan default rate of 4.0% 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 more about Petroleum Engineering at Louisiana State University and Agricultural & Mechanical College
With a ranking of #14, University of Oklahoma Norman Campus did quite well on the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid list. University of Oklahoma Norman Campus is a large school located in Norman, Oklahoma that handed out 84 ’s petroleum engineering degrees in 2020-2021.
University of Oklahoma did well in our major quality rankings, too. It placed #6 on our “Best Petroleum Engineering Schools” list. The estimated yearly cost for University of Oklahoma is $21,122 for petroleum engineering students with aid.
The undergrad student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 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.
Read full report on Petroleum Engineering at University of Oklahoma Norman Campus
Colorado School of Mines landed the #15 spot on the 2023 Best Value Petroleum Engineering 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 petroleum engineering degrees to 86 students in 2020-2021.
As a testament to the quality of education offered at Mines, the school also landed the #4 spot in our “Best Petroleum Engineering Schools” ranking. The yearly cost to attend Colorado School of Mines is $27,114 for Petroleum Engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. 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%.
Full Mines Petroleum Engineering Report
New Mexico Institute of Mining and Technology came in at #16 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Getting Aid ranking. New Mexico Institute of Mining and Technology is a small school located in Socorro, New Mexico that handed out 24 ’s petroleum engineering degrees in 2020-2021.
New Mexico Tech also took the #17 spot in our “Best Petroleum Engineering Schools” ranking. It costs about $14,836 for Petroleum Engineering students with aid per year to attend New Mexico Institute of Mining and Technology.
The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology
With a ranking of #17, University of Kansas did quite well on the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid list. KU is located in Lawrence, Kansas and, has a large student population. In 2020-2021, this school awarded 35 ’s petroleum engineering degrees to qualified students.
KU also made our “Best Petroleum Engineering Schools” list, coming in at #14. The estimated yearly cost for University of Kansas is $20,257 for Petroleum Engineering students with aid.
The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students.
Read full report on Petroleum Engineering at University of Kansas
University of Tulsa landed the #18 spot on the 2023 Best Value Petroleum Engineering Schools For Those Getting Aid ranking. University of Tulsa is a small private not-for-profit school situated in Tulsa, Oklahoma. It awarded 50 ’s petroleum engineering degrees in 2020-2021.
University of Tulsa did well in our major quality rankings, too. It placed #5 on our “Best Petroleum Engineering Schools” list. The estimated yearly cost for University of Tulsa is $24,232 for petroleum engineering students with aid.
The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The undergrad student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Petroleum Engineering at University of Tulsa
Texas A&M University - Kingsville came in at #19 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Getting Aid ranking. Kingsville, Texas is the setting for this medium-sized institution of higher learning. The public school handed out ’s petroleum engineering degrees to 16 students in 2020-2021.
Texas A&M Kingsville also took the #21 spot in our “Best Petroleum Engineering Schools” ranking. The yearly cost to attend Texas A&M Kingsville is $13,027 for petroleum engineering students with aid.
Read full report on Petroleum Engineering at Texas A&M Kingsville
University of Louisiana at Lafayette came in at #20 in this year’s edition of the Best Value Petroleum Engineering Schools For Those Getting Aid ranking. UL Lafayette is a fairly large school located in Lafayette, Louisiana that handed out 30 ’s petroleum engineering degrees in 2020-2021.
As a testament to the quality of education offered at UL Lafayette, the school also landed the #22 spot in our “Best Petroleum Engineering Schools” ranking. It costs about $13,094 for petroleum engineering students with aid per year to attend UL Lafayette.
Full University of Louisiana at Lafayette Petroleum Engineering Report
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