2022 Best Value Colleges for Financial Mathematics in Illinois (With Aid)
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Financial Math Schools in Illinois For Those Getting Aid” ranking - to help you make that decision.
In 2019-2020, 4,421 people earned their degree in financial mathematics, making the major the 174th most popular in the United States.
Across Illinois, there were 290 financial mathematics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Financial Math Schools in Illinois For Those Getting Aid” ranking analyzed 5 colleges that offered a degree in financial mathematics. Not only do the schools that top this list have excellent financial mathematics programs, but they also cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the financial mathematics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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The financial math 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 Financial Math Schools in Illinois For Those Getting Aid”.
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. 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 Financial Math Schools in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Financial Math Schools in Illinois For Those Getting Aid.
Top 5 Best Value Colleges for Financial Mathematics in Illinois (With Aid)
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Financial Math Schools in Illinois For Those Getting Aid list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s financial math degrees to 135 students in 2019-2020.
UIUC also made our “Best Financial Mathematics Schools in Illinois” list, coming in at #2. The estimated yearly cost for UIUC is $15,880 for Illinois Financial Math students with aid.
The student loan default rate at the school is 2.4%, 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 94%.
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #2 for the Best Value Financial Math Schools in Illinois For Those Getting Aid. UIC is a large school located in Chicago, Illinois that handed out 13 ’s financial math degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #4 on our “Best Financial Mathematics Schools in Illinois” list. It costs about $13,312 for Illinois Financial Math students with aid per year to attend UIC.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Full University of Illinois at Chicago Financial Mathematics Report
Out of the 5 schools in the Best Value Financial Math Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 3 ’s financial math degrees in 2019-2020.
NIU also took the #5 spot in our “Best Financial Mathematics Schools in Illinois” ranking. The yearly cost to attend Northern Illinois University is $18,259 for illinois financial math students with aid.
Out of the 5 schools in the Best Value Financial Math Schools in Illinois For Those Getting Aid that were part of this year’s ranking, University of Chicago landed the #4 spot on the list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 86 ’s financial math degrees to qualified students.
UChicago also made our “Best Financial Mathematics Schools in Illinois” list, coming in at #1. The yearly cost to attend UChicago is $27,315 for Illinois Financial Math students with aid.
The 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 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%. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year.
Out of the 5 schools in the Best Value Financial Math Schools in Illinois For Those Getting Aid that were part of this year’s ranking, DePaul University landed the #5 spot on the list. DePaul University is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 44 ’s degrees in 2019-2020.
DePaul also made our “Best Financial Mathematics Schools in Illinois” list, coming in at #3. The estimated yearly cost for DePaul is $30,090 for illinois financial math students with aid.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
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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 Steven G. Johnson.
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