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2022 Best Value Theology Schools for a Master’s

96 Ranked Colleges
3,700 Degrees Awarded
$13,400 Avg Grad Tuition & Fees*
Best Value Theology Schools for a Master's

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Theology Schools for a Master’s” ranking.

Theology is the 131st most popular major in the country with 5,846 degrees awarded in 2019-2020.

At the master’s degree level specifically, there were 3,700 theology graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Theology Schools for a Master’s” ranking analyzed 96 colleges that offered a degree in theology. This ranking identifies schools with high-quality theology programs that also have a lower cost than schools of similar quality.

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

More Ways to Rank Theology Schools

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

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Theology Schools for a Master’s

The following schools top our list of the Best Best Value Theology Schools for a Master’s.

Top 25 Best Value Master’s Degree Colleges for Theology

#12 in overall quality

You’ll join some of the best and brightest minds around if you attend Midwestern Baptist Theological Seminary. The school came in at #1 for the Best Value Theology Schools for a Master’s. MBTS is a small school located in Kansas City, Missouri that handed out 119 masters’s theology degrees in 2019-2020.

In addition to being on our master’s degree theology students list, MBTS has also earned the #12 rank in our “Best Theology Master’s Degree Schools” ranking. Average graduate tuition and fees at Midwestern Baptist Theological Seminary are $6,950, but you may pay more or less depending on your major.

Full MBTS Theology Report

#2

Bethel University Minnesota

Saint Paul, Minnesota
#7 in overall quality

Out of the 96 schools in the Best Value Theology Schools for a Master’s that were part of this year’s ranking, Bethel University Minnesota landed the #2 spot on the list. Bethel University Minnesota is a small school located in Saint Paul, Minnesota that handed out 13 masters’s theology degrees in 2019-2020.

Bethel University Minnesota did well in our major quality rankings, too. It placed #7 on our “Best Theology Master’s Degree Schools” list. Average graduate tuition and fees at Bethel University Minnesota are $11,700, but you may pay more or less depending on your major.

Read more about Theology at Bethel University Minnesota

#3

Moody Bible Institute

Chicago, Illinois
#18 in overall quality

Out of the 96 schools in the Best Value Theology Schools for a Master’s that were part of this year’s ranking, Moody Bible Institute landed the #3 spot on the list. Moody Theological Seminary and Graduate School is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 4 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Moody Theological Seminary and Graduate School, the school also landed the #18 spot in our “Best Theology Master’s Degree Schools” ranking. Average graduate tuition and fees at Moody Bible Institute are $8,930, but you may pay more or less depending on your major.

Read more about Theology at Moody Bible Institute

#4

Clarks Summit University

South Abington Township, Pennsylvania

Out of the 96 schools in the Best Value Theology Schools for a Master’s that were part of this year’s ranking, Clarks Summit University landed the #4 spot on the list. Clarks Summit University is a private not-for-profit institution located in South Abington Township, Pennsylvania. The school has a small population, and it awarded 2 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at CSU are $8,280.

Read more about Theology at Clarks Summit University

#5

Harding University

Searcy, Arkansas

You’ll join some of the best and brightest minds around if you attend Harding University. The school came in at #5 for the Best Value Theology Schools for a Master’s. Harding is a small private not-for-profit school situated in Searcy, Arkansas. It awarded 7 masters’s theology degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harding are $11,928.

Read full report on Theology at Harding University

#6

The Master's University and Seminary

Santa Clarita, California
#24 in overall quality

The Master’s University and Seminary came in at #6 in this year’s edition of the Best Value Theology Schools for a Master’s ranking. Located in Santa Clarita, California, this small private not-for-profit school handed out 5 diplomas to qualified masters’s theology students in 2019-2020.

The Master’s University also took the #24 spot in our “Best Theology Master’s Degree Schools” ranking. Average graduate tuition and fees at The Master’s University and Seminary are $10,590, but some majors have different tuition rates.

Read more about Theology at The Master’s University

#7

Liberty University

Lynchburg, Virginia

Liberty University did quite well in the 2022 Best Value Theology Schools for a Master’s ranking, coming in at #7. This large school is located in Lynchburg, Virginia, and it awarded 894 masters’s theology degrees in 2019-2020.

Average graduate tuition and fees at Liberty University are $8,349, but you may pay more or less depending on your major.

Full Liberty University Theology Report

#8

Columbia International University

Columbia, South Carolina

Columbia International University landed the #8 spot on the 2022 Best Value Theology Schools for a Master’s ranking. Located in Columbia, South Carolina, this small private not-for-profit school awarded 19 diplomas to qualified masters’s theology students in 2019-2020.

Average graduate tuition and fees at CIU are $10,640, but you may pay more or less depending on your major.

Read full report on Theology at Columbia International University

Grace College and Theological Seminary did quite well in the 2022 Best Value Theology Schools for a Master’s ranking, coming in at #9. Winona Lake, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 5 students in 2019-2020.

Average graduate tuition and fees at Grace College are $7,872, but you may pay more or less depending on your major.

Read more about Theology at Grace College and Theological Seminary

#10

Fuller Theological Seminary

Pasadena, California
#6 in overall quality

Fuller Theological Seminary landed the #10 spot on the 2022 Best Value Theology Schools for a Master’s ranking. Fuller Theological Seminary is located in Pasadena, California and, has a small student population. In 2019-2020, this school awarded 136 masters’s theology degrees to qualified students.

Fuller also made our “Best Theology Master’s Degree Schools” list, coming in at #6. Average graduate tuition and fees at Fuller Theological Seminary are $21,300, but some majors have different tuition rates.

Full Fuller Theological Seminary Theology Report

#11

Biola University

La Mirada, California

Biola University ranked #11 on this year’s Best Value Theology Schools for a Master’s list. Biola is a private not-for-profit institution located in La Mirada, California. The school has a medium-sized population, and it awarded 23 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Biola are $11,772.

Read full report on Theology at Biola

#11

Freed-Hardeman University

Henderson, Tennessee

With a ranking of #11, Freed-Hardeman University did quite well on the 2022 Best Value Theology Schools for a Master’s list. Henderson, Tennessee is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 7 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at FHU are $10,980.

Read full report on Theology at Freed-Hardeman University

#15 in overall quality

Dallas Theological Seminary landed the #13 spot on the 2022 Best Value Theology Schools for a Master’s ranking. Located in Dallas, Texas, this small private not-for-profit school awarded 6 diplomas to qualified masters’s theology students in 2019-2020.

In addition to being on our master’s degree theology students list, DTS Dallas has also earned the #15 rank in our “Best Theology Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Dallas Theological Seminary are $18,430.

Full Dallas Theological Seminary Theology Report

Franciscan University of Steubenville came in at #14 in this year’s edition of the Best Value Theology Schools for a Master’s ranking. Franciscan University of Steubenville is located in Steubenville, Ohio and, has a small student population. In 2019-2020, this school awarded 43 masters’s theology degrees to qualified students.

Average graduate tuition and fees at Franciscan University of Steubenville are $12,888, but you may pay more or less depending on your major.

Read more about Theology at Franciscan University of Steubenville

#13 in overall quality

Lutheran School of Theology at Chicago landed the #15 spot on the 2022 Best Value Theology Schools for a Master’s ranking. This small school is located in Chicago, Illinois, and it awarded 5 masters’s theology degrees in 2019-2020.

LSTC also made our “Best Theology Master’s Degree Schools” list, coming in at #13. Average graduate tuition and fees at LSTC are $19,345, but you may pay more or less depending on your major.

Full LSTC Theology Report

#16

Asbury Theological Seminary

Wilmore, Kentucky
#22 in overall quality

Asbury Theological Seminary did quite well in the 2022 Best Value Theology Schools for a Master’s ranking, coming in at #16. Located in Wilmore, Kentucky, this small private not-for-profit school handed out 25 diplomas to qualified masters’s theology students in 2019-2020.

Asbury Seminary did well in our major quality rankings, too. It placed #22 on our “Best Theology Master’s Degree Schools” list. Average graduate tuition and fees at Asbury Seminary are $16,950, but some majors have different tuition rates.

Read full report on Theology at Asbury Seminary

#17

Seattle University

Seattle, Washington
#25 in overall quality

Seattle University came in at #17 in this year’s edition of the Best Value Theology Schools for a Master’s ranking. Seattle University is a medium-sized school located in Seattle, Washington that handed out 7 masters’s theology degrees in 2019-2020.

Seattle U not only placed well in this ranking. It is also #25 on our “Best Theology Master’s Degree Schools” list. Average graduate tuition and fees at Seattle University are $14,040, but you may pay more or less depending on your major.

Read more about Theology at Seattle University

#18

University of Northwestern - St Paul

Saint Paul, Minnesota

University of Northwestern - St Paul did quite well in the 2022 Best Value Theology Schools for a Master’s ranking, coming in at #18. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 13 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $8,982.

Read full report on Theology at Northwestern

#19

Luther Seminary

Saint Paul, Minnesota
#19 in overall quality

With a ranking of #19, Luther Seminary did quite well on the 2022 Best Value Theology Schools for a Master’s list. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 27 students in 2019-2020.

In addition to being on our master’s degree theology students list, Luther Seminary has also earned the #19 rank in our “Best Theology Master’s Degree Schools” ranking. Average graduate tuition and fees at Luther Seminary are $18,675, but you may pay more or less depending on your major.

Full Luther Seminary Theology Report

With a ranking of #19, Saint Joseph’s College of Maine did quite well on the 2022 Best Value Theology Schools for a Master’s list. Standish, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 42 students in 2019-2020.

Average graduate tuition and fees at Saint Joseph’s College of Maine are $9,482, but you may pay more or less depending on your major.

Read full report on Theology at Saint Joseph’s College of Maine

#17 in overall quality

Sewanee - The University of the South did quite well in the 2022 Best Value Theology Schools for a Master’s ranking, coming in at #21. This small school is located in Sewanee, Tennessee, and it awarded 11 masters’s theology degrees in 2019-2020.

Sewanee also took the #17 spot in our “Best Theology Master’s Degree Schools” ranking. Average graduate tuition and fees at Sewanee are $18,243, but some majors have different tuition rates.

Read more about Theology at Sewanee

#22

Multnomah University

Portland, Oregon

With a ranking of #22, Multnomah University did quite well on the 2022 Best Value Theology Schools for a Master’s list. Multnomah University is located in Portland, Oregon and, has a small student population. In 2019-2020, this school awarded 2 masters’s theology degrees to qualified students.

Average graduate tuition and fees at Multnomah University are $14,190, but some majors have different tuition rates.

Full Multnomah University Theology Report

#23

Wheaton College Illinois

Wheaton, Illinois

Wheaton College Illinois landed the #23 spot on the 2022 Best Value Theology Schools for a Master’s ranking. Located in Wheaton, Illinois, this small private not-for-profit school handed out 33 diplomas to qualified masters’s theology students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wheaton College Illinois are $17,424.

Full Wheaton College Illinois Theology Report

#24

Saint Johns University

Collegeville, Minnesota

Saint Johns University landed the #24 spot on the 2022 Best Value Theology Schools for a Master’s ranking. This small school is located in Collegeville, Minnesota, and it awarded 12 masters’s theology degrees in 2019-2020.

Average graduate tuition and fees at Saint Johns University are $17,760, but you may pay more or less depending on your major.

Full SJU Theology Report

#25

Eastern University

Saint Davids, Pennsylvania

Eastern University landed the #25 spot on the 2022 Best Value Theology Schools for a Master’s ranking. Eastern University is a small private not-for-profit school situated in Saint Davids, Pennsylvania. It awarded 41 masters’s theology degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at EU are $13,610.

Full EU Theology Report

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 Jonund.

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