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2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid

8 Ranked Colleges
166 Degrees Awarded
$39,500 Avg Grad Tuition & Fees*
Best Value Mathematical Statistics and Probability Schools for a Master's For Those Getting Aid

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 Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid” ranking - to help you make that decision.

Mathematical Statistics & Probability is the 618th most popular major in the country with 457 degrees awarded in 2019-2020.

At the master’s degree level specifically, there were 166 mathematical statistics and probability graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid” ranking looked at 8 colleges that offer degrees in a bachelor’s in mathematical statistics and probability. The schools that top this list are recognized because they have great mathematical statistics and probability programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the mathematical statistics and probability program at the school. See our ranking methodology to learn more.

More Ways to Rank Mathematical Statistics & Probability Schools

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

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 Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid

The colleges and universities below are the best for master’s degree mathematical statistics and probability students with aid.

Top 8 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (With Aid)

#1

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend University of North Carolina at Chapel Hill. The school came in at #1 for the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid. UNC Chapel Hill is a public institution located in Chapel Hill, North Carolina. The school has a large population, and it awarded 20 masters’s degrees in 2019-2020.

In addition to being on our master’s degree mathematical statistics and probability students with aid list, UNC Chapel Hill has also earned the #5 rank in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of North Carolina at Chapel Hill are $30,248.

Read more about Mathematical Statistics & Probability at University of North Carolina at Chapel Hill

#2

Indiana University - Bloomington

Bloomington, Indiana
#6 in overall quality

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid list. Bloomington, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s mathematical statistics and probability degrees to 9 students in 2019-2020.

IU Bloomington also took the #6 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.

Read full report on Mathematical Statistics & Probability at IU Bloomington

#3 in overall quality

Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #3 spot on the list. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 31 masters’s mathematical statistics and probability degrees to qualified students.

As a testament to the quality of education offered at U-M, the school also landed the #3 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.

Full University of Michigan - Ann Arbor Mathematical Statistics & Probability Report

#2 in overall quality

You’ll be in good company if you decide to attend Columbia University in the City of New York. It ranked #4 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid list. Columbia is a private not-for-profit institution located in New York, New York. The school has a large population, and it awarded 92 masters’s degrees in 2019-2020.

Columbia also made our “Best Mathematical Statistics & Probability Master’s Degree Schools” list, coming in at #2. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Columbia University in the City of New York are $51,194.

Full Columbia Mathematical Statistics & Probability Report

#7 in overall quality

Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Nevada - Reno landed the #5 spot on the list. This large school is located in Reno, Nevada, and it awarded 6 masters’s mathematical statistics and probability degrees in 2019-2020.

UNR did well in our major quality rankings, too. It placed #7 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at University of Nevada - Reno are $21,971, but you may pay more or less depending on your major.

Full University of Nevada - Reno Mathematical Statistics & Probability Report

#6

Wake Forest University

Winston-Salem, North Carolina
#4 in overall quality

Wake Forest University came in at #6 in this year’s edition of the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid ranking. Wake Forest University is a medium-sized private not-for-profit school situated in Winston-Salem, North Carolina. It awarded 6 masters’s mathematical statistics and probability degrees in 2019-2020.

Wake Forest University also made our “Best Mathematical Statistics & Probability Master’s Degree Schools” list, coming in at #4. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wake Forest University are $39,216.

Read more about Mathematical Statistics & Probability at Wake Forest University

#7

University of Chicago

Chicago, Illinois
#1 in overall quality

With a ranking of #7, University of Chicago did quite well on the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid list. University of Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 1 masters’s degrees in 2019-2020.

UChicago also took the #1 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Full University of Chicago Mathematical Statistics & Probability Report

#8

University of California - Santa Cruz

Santa Cruz, California
#8 in overall quality

University of California - Santa Cruz landed the #8 spot on the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Getting Aid ranking. University of California - Santa Cruz is a fairly large school located in Santa Cruz, California that handed out 1 masters’s mathematical statistics and probability degrees in 2019-2020.

In addition to being on our master’s degree mathematical statistics and probability students with aid list, UC Santa Cruz has also earned the #8 rank in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at UC Santa Cruz are $28,952, but you may pay more or less depending on your major.

Read more about Mathematical Statistics & Probability at UC Santa Cruz

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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 QWFP.

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