2022 Best Value Master’s Degree Colleges for Engineering (With Aid)
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Engineering Schools for a Master’s For Those Getting Aid” ranking as one item you can use to help make this decision.
With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.
At the master’s degree level specifically, there were 48,197 engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.
This year’s “Best Value Engineering Schools for a Master’s For Those Getting Aid” ranking looked at 298 colleges that offer degrees in a bachelor’s in engineering. Not only do the schools that top this list have excellent engineering programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the 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.
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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 Engineering Schools for a Master’s 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 Engineering Schools for a Master’s For Those Getting Aid
The following schools top our list of the Best Best Value Engineering Schools for a Master’s For Those Getting Aid.
Top 25 Best Value Master’s Degree Colleges for Engineering (With Aid)
Out of the 298 schools in the Best Value Engineering Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Washington - Seattle Campus landed the #1 spot on the list. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 576 students in 2019-2020.
As a testament to the quality of education it offers, UW Seattle is also in the top of our “Best Engineering Master’s Degree Schools” ranking. It’s in the top 15% of all schools in this category. Average graduate tuition and fees at University of Washington - Seattle Campus are $30,294, but you may pay more or less depending on your major.
Read full report on Engineering at University of Washington - Seattle Campus
You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #2 on our 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid list. Massachusetts Institute of Technology is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a fairly large population, and it awarded 525 masters’s degrees in 2019-2020.
MIT also made our “Best Engineering Master’s Degree Schools” list, coming in at #1. Average graduate tuition and fees at MIT are $56,719, but you may pay more or less depending on your major.
You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #3 for the Best Value Engineering Schools for a Master’s For Those Getting Aid. Stanford is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 654 masters’s degrees in 2019-2020.
Stanford not only placed well in this ranking. It is also #2 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Stanford are $55,011, but you may pay more or less depending on your major.
You’ll join some of the best and brightest minds around if you attend University of Florida. The school came in at #4 for the Best Value Engineering Schools for a Master’s For Those Getting Aid. Located in Gainesville, Florida, this large public school handed out 548 diplomas to qualified masters’s engineering students in 2019-2020.
UF also claimed a top spot on our “Best Engineering Master’s Degree Schools” list. It’s in the top 15% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UF are $30,130.
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #5 for the Best Value Engineering Schools for a Master’s For Those Getting Aid. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s engineering degrees to 73 students in 2019-2020.
In addition to being on our master’s degree engineering students with aid list, Princeton has also earned the #9 rank in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Princeton University are $56,470, but some majors have different tuition rates.
University of North Carolina at Chapel Hill did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #6. Chapel Hill, North Carolina is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 2 students in 2019-2020.
UNC Chapel Hill also took the #0 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UNC Chapel Hill are $30,248, but you may pay more or less depending on your major.
Read more about Engineering at University of North Carolina at Chapel Hill
Purdue University - Main Campus did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #7. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 773 masters’s engineering degrees to qualified students.
In addition to being on this list, Purdue is in the top on our “Best Engineering Master’s Degree Schools” list. It’s in the top 15% of all schools in this category. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but you may pay more or less depending on your major.
University of Wisconsin - Madison landed the #8 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 367 masters’s degrees in 2019-2020.
UW - Madison did well in our major quality rankings, too. It placed #23 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.
California State University - Los Angeles did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #9. California State University - Los Angeles is a large school located in Los Angeles, California that handed out 60 masters’s engineering degrees in 2019-2020.
Average graduate tuition and fees at Cal State LA are $17,723, but some majors have different tuition rates.
Read more about Engineering at California State University - Los Angeles
University of Illinois at Urbana-Champaign ranked #10 on this year’s Best Value Engineering Schools for a Master’s For Those Getting Aid list. This large school is located in Champaign, Illinois, and it awarded 654 masters’s engineering degrees in 2019-2020.
As a testament to the quality of education it offers, UIUC is also in the top of our “Best Engineering Master’s Degree Schools” ranking. It’s in the top 15% of all schools in this category. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.
With a ranking of #11, Harvard University did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid list. Harvard University is a large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 179 masters’s engineering degrees in 2019-2020.
In addition to being on our master’s degree engineering students with aid list, Harvard has also earned the #10 rank in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard are $50,654, but you may pay more or less depending on your major.
California State University - Fresno did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #12. Fresno State is a large public school situated in Fresno, California. It awarded 42 masters’s engineering degrees in 2019-2020.
Average graduate tuition and fees at Fresno State are $17,581, but some majors have different tuition rates.
Dartmouth College did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #13. Dartmouth is a medium-sized private not-for-profit school situated in Hanover, New Hampshire. It awarded 169 masters’s engineering degrees in 2019-2020.
In addition to being on our master’s degree engineering students with aid list, Dartmouth has also earned the #7 rank in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Dartmouth College are $58,120, but some majors have different tuition rates.
The University of Texas Rio Grande Valley landed the #14 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking. Edinburg, Texas is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 27 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at The University of Texas Rio Grande Valley are $15,151.
Full The University of Texas Rio Grande Valley Engineering Report
University of California - Los Angeles did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #15. UCLA is a large public school situated in Los Angeles, California. It awarded 448 masters’s engineering degrees in 2019-2020.
On top of its placing in this ranking, UCLA also did well on our “Best Engineering Master’s Degree Schools” list. It’s in the top 10% of all schools in this category. Average graduate tuition and fees at UCLA are $28,131, but you may pay more or less depending on your major.
Full University of California - Los Angeles Engineering Report
University of Michigan - Ann Arbor did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #16. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 1,083 masters’s engineering degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #18 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.
Georgia Institute of Technology - Main Campus did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #17. Georgia Tech is located in Atlanta, Georgia and, has a large student population. In 2019-2020, this school awarded 1,123 masters’s engineering degrees to qualified students.
Georgia Tech not only placed well in this ranking. It is also #24 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Georgia Institute of Technology - Main Campus are $31,334, but some majors have different tuition rates.
Read full report on Engineering at Georgia Institute of Technology - Main Campus
With a ranking of #18, The City College of New York did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid list. Located in New York, New York, this fairly large public school awarded 73 degrees to qualified masters’s engineering students in 2019-2020.
Average graduate tuition and fees at CCNY are $20,832, but some majors have different tuition rates.
University of California - Irvine ranked #19 on this year’s Best Value Engineering Schools for a Master’s For Those Getting Aid list. This large school is located in Irvine, California, and it awarded 257 masters’s engineering degrees in 2019-2020.
UC Irvine also claimed a top spot on our “Best Engineering Master’s Degree Schools” list. It’s ranked in the top 20% of all schools on our “Best 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 UC Irvine are $28,456.
The University of Texas at Austin did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking, coming in at #20. This large school is located in Austin, Texas, and it awarded 361 masters’s engineering degrees in 2019-2020.
In addition to being on this list, UT Austin is in the top on our “Best Engineering Master’s Degree Schools” list. It’s in the top 20% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at The University of Texas at Austin are $22,886.
California State University - Fullerton ranked #21 on this year’s Best Value Engineering Schools for a Master’s For Those Getting Aid list. California State University - Fullerton is a large public school situated in Fullerton, California. It awarded 261 masters’s engineering degrees in 2019-2020.
Average graduate tuition and fees at Cal State Fullerton are $17,892, but you may pay more or less depending on your major.
Read more about Engineering at California State University - Fullerton
North Carolina State University landed the #22 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking. Located in Raleigh, North Carolina, this large public school awarded 717 degrees to qualified masters’s engineering students in 2019-2020.
NC State excels when it comes to engineering quality. It’s in the top 20% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at North Carolina State University are $28,999.
With a ranking of #23, University of California - Berkeley did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid list. University of California - Berkeley is located in Berkeley, California and, has a large student population. In 2019-2020, this school awarded 842 masters’s engineering degrees to qualified students.
UC Berkeley also took the #14 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UC Berkeley are $29,347, but some majors have different tuition rates.
Missouri University of Science and Technology landed the #24 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking. This medium-sized school is located in Rolla, Missouri, and it awarded 241 masters’s engineering degrees in 2019-2020.
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 full report on Engineering at Missouri University of Science and Technology
University of California - San Diego landed the #25 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Getting Aid ranking. La Jolla, California is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 686 students in 2019-2020.
UCSD excels when it comes to engineering quality. It’s in the top 15% of all schools in this category. Average graduate tuition and fees at University of California - San Diego are $28,631, but some majors have different tuition rates.
Rest of the Best 46 in Best Value Engineering Schools for a Master’s For Those Getting Aid
Not only did these schools make the top 46 list, but they also landed in the top 15% of this year’s ranking:
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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.
Credits
- Credit for the banner image above goes to Petty Officer 3rd Class Declan Barnes.
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