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2022 Best Value Master’s Degree Colleges for Petroleum Engineering (With Aid)

22 Ranked Colleges
284 Degrees Awarded
$27,100 Avg Grad Tuition & Fees*
Best Value Petroleum Engineering Schools for a Master's For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid” ranking.

In 2019-2020, 1,582 people earned their degree in petroleum engineering, making the major the 180th most popular in the United States. In 2017-2018, petroleum engineering graduates who were awarded their degree in 2015-2017, earned an average of $66,730 and had an average of $24,667 in loans still to pay off.

At the master’s degree level specifically, there were 284 petroleum engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid” ranking analyzed 22 colleges that offered a degree in petroleum engineering. The schools that top this list are recognized because they have great petroleum engineering programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the petroleum engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid

The colleges and universities below are the best for master’s degree petroleum engineering students with aid.

Top 22 Best Value Master’s Degree Colleges for Petroleum Engineering (With Aid)

#1

Stanford University

Stanford, California
#1 in overall quality

You’ll be in good company if you decide to attend Stanford University. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Stanford University is a fairly large school located in Stanford, California that handed out 4 masters’s petroleum engineering degrees in 2019-2020.

In addition to being on our master’s degree petroleum engineering students with aid list, Stanford has also earned the #1 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Stanford are $55,011.

Read more about Petroleum Engineering at Stanford

#16 in overall quality

You’ll be in good company if you decide to attend University of Alaska Fairbanks. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. UAF is a medium-sized public school situated in Fairbanks, Alaska. It awarded 6 masters’s petroleum engineering degrees in 2019-2020.

UAF did well in our major quality rankings, too. It placed #16 on our “Best Petroleum Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Alaska Fairbanks are $24,287.

Read more about Petroleum Engineering at UAF

Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, Texas A&M University - College Station landed the #3 spot on the list. Located in College Station, Texas, this large public school handed out 46 diplomas to qualified masters’s petroleum engineering students in 2019-2020.

Texas A&M College Station not only placed well in this ranking. It is also #2 on our “Best Petroleum Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Texas A&M College Station are $22,743.

Read full report on Petroleum Engineering at Texas A&M College Station

#6 in overall quality

Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, Missouri University of Science and Technology landed the #4 spot on the list. Missouri University of Science and Technology is a medium-sized public school situated in Rolla, Missouri. It awarded 17 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at Missouri University of Science and Technology, the school also landed the #6 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Missouri University of Science and Technology are $30,943, but you may pay more or less depending on your major.

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

You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #5 on our 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. This large school is located in Austin, Texas, and it awarded 17 masters’s petroleum engineering degrees in 2019-2020.

UT Austin not only placed well in this ranking. It is also #5 on our “Best Petroleum Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UT Austin are $22,886.

Read full report on Petroleum Engineering at UT Austin

#6

Texas Tech University

Lubbock, Texas
#11 in overall quality

Texas Tech University ranked #6 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Lubbock, Texas is the setting for this large institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 9 students in 2019-2020.

In addition to being on our master’s degree petroleum engineering students with aid list, Texas Tech has also earned the #11 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Texas Tech University are $17,530.

Full Texas Tech University Petroleum Engineering Report

#7

University of Utah

Salt Lake City, Utah
#20 in overall quality

University of Utah landed the #7 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking. University of Utah is a public institution located in Salt Lake City, Utah. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.

In addition to being on our master’s degree petroleum engineering students with aid list, U of U has also earned the #20 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Utah are $24,695, but some majors have different tuition rates.

Full U of U Petroleum Engineering Report

#8

University of North Dakota

Grand Forks, North Dakota
#10 in overall quality

With a ranking of #8, University of North Dakota did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Grand Forks, North Dakota is the setting for this fairly large institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 5 students in 2019-2020.

In addition to being on our master’s degree petroleum engineering students with aid list, UND has also earned the #10 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UND are $18,326, but you may pay more or less depending on your major.

Full UND Petroleum Engineering Report

#21 in overall quality

Oklahoma State University - Main Campus ranked #9 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Stillwater, Oklahoma is the setting for this large institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 4 students in 2019-2020.

As a testament to the quality of education offered at OSU, the school also landed the #21 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at OSU are $23,963, but some majors have different tuition rates.

Read more about Petroleum Engineering at OSU

#19 in overall quality

Montana Technological University ranked #10 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Montana Technological University is a public institution located in Butte, Montana. The school has a small population, and it awarded 3 masters’s degrees in 2019-2020.

Montana Tech also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #19. Average graduate tuition and fees at Montana Technological University are $19,429, but you may pay more or less depending on your major.

Full Montana Technological University Petroleum Engineering Report

#11

University of Houston

Houston, Texas

University of Houston landed the #11 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking. University of Houston is a large public school situated in Houston, Texas. It awarded 24 masters’s petroleum engineering degrees in 2019-2020.

UH also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #13. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Houston are $18,689.

Full UH Petroleum Engineering Report

#12

West Virginia University

Morgantown, West Virginia
#17 in overall quality

West Virginia University ranked #12 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. This large school is located in Morgantown, West Virginia, and it awarded 5 masters’s petroleum engineering degrees in 2019-2020.

WVU also took the #17 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at West Virginia University are $26,154, but some majors have different tuition rates.

Full WVU Petroleum Engineering Report

#13

University of Wyoming

Laramie, Wyoming
#18 in overall quality

With a ranking of #13, University of Wyoming did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Located in Laramie, Wyoming, this fairly large public school awarded 3 degrees to qualified masters’s petroleum engineering students in 2019-2020.

In addition to being on our master’s degree petroleum engineering students with aid list, UW has also earned the #18 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Wyoming are $16,615, but some majors have different tuition rates.

Full University of Wyoming Petroleum Engineering Report

New Mexico Institute of Mining and Technology landed the #14 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking. New Mexico Institute of Mining and Technology is a small school located in Socorro, New Mexico that handed out 2 masters’s petroleum engineering degrees in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #0 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602, but you may pay more or less depending on your major.

Full New Mexico Institute of Mining and Technology Petroleum Engineering Report

Texas A&M University - Kingsville did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #15. Located in Kingsville, Texas, this medium-sized public school awarded 2 diplomas to qualified masters’s petroleum engineering students in 2019-2020.

Texas A&M Kingsville also took the #0 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Texas A&M Kingsville are $14,066.

Read more about Petroleum Engineering at Texas A&M Kingsville

#14 in overall quality

With a ranking of #16, University of Pittsburgh - Pittsburgh Campus did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. This large school is located in Pittsburgh, Pennsylvania, and it awarded 5 masters’s petroleum engineering degrees in 2019-2020.

Pitt also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #14. Average graduate tuition and fees at Pitt are $40,836, but some majors have different tuition rates.

Full Pitt Petroleum Engineering Report

#12 in overall quality

With a ranking of #17, Louisiana State University and Agricultural & Mechanical College did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. Louisiana State University and Agricultural & Mechanical College is a large school located in Baton Rouge, Louisiana that handed out 10 masters’s petroleum engineering degrees in 2019-2020.

Louisiana State University not only placed well in this ranking. It is also #12 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Louisiana State University and Agricultural & Mechanical College are $29,970, but you may pay more or less depending on your major.

Read more about Petroleum Engineering at Louisiana State University and Agricultural & Mechanical College

#18

Colorado School of Mines

Golden, Colorado
#4 in overall quality

Colorado School of Mines landed the #18 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking. Golden, Colorado is the setting for this medium-sized institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 17 students in 2019-2020.

In addition to being on our master’s degree petroleum engineering students with aid list, Mines has also earned the #4 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Mines are $39,800, but you may pay more or less depending on your major.

Read full report on Petroleum Engineering at Mines

#8 in overall quality

University of Oklahoma Norman Campus did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #19. University of Oklahoma Norman Campus is a large school located in Norman, Oklahoma that handed out 25 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at University of Oklahoma, the school also landed the #8 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Oklahoma are $23,236, but some majors have different tuition rates.

Read full report on Petroleum Engineering at University of Oklahoma Norman Campus

#20

University of Tulsa

Tulsa, Oklahoma
#7 in overall quality

University of Tulsa came in at #20 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking. University of Tulsa is a small school located in Tulsa, Oklahoma that handed out 16 masters’s petroleum engineering degrees in 2019-2020.

University of Tulsa not only placed well in this ranking. It is also #7 on our “Best Petroleum Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Tulsa are $24,080.

Full University of Tulsa Petroleum Engineering Report

#21

University of Kansas

Lawrence, Kansas
#15 in overall quality

University of Kansas came in at #21 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid ranking. KU is located in Lawrence, Kansas and, has a large student population. In 2019-2020, this school awarded 4 masters’s petroleum engineering degrees to qualified students.

KU also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #15. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Kansas are $25,007.

Full KU Petroleum Engineering Report

#22

University of Southern California

Los Angeles, California

University of Southern California ranked #22 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Getting Aid list. USC is a private not-for-profit institution located in Los Angeles, California. The school has a large population, and it awarded 38 masters’s degrees in 2019-2020.

USC also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #3. Average graduate tuition and fees at University of Southern California are $48,715, but some majors have different tuition rates.

Read more about Petroleum Engineering at University of Southern California

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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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