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2021 Best Colleges for the Money (With Aid) in Maryland

23 Colleges
$26,154 Avg Cost (With Aid)*
4.3 Years Avg Time to Graduate*

Trying to decide what college is best for you is no easy matter. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our Best Maryland Schools For The Money For Those Getting Aid ranking is part of that endeavor.

We analyzed 23 colleges and universities to determine which were the best for overall value for the money with aid in Maryland. This ranking isn't just a listing of 'cheap' schools. Instead, it is noting which schools offer a high quality education for a reasonable price. So it is possible that College A may rank better than College B, while College B is less expensive to attend.

See what other factors we include in our ranking methodology.

Our average cost calculation adds up all expenses, such as tuition, fees, room and board, books and supplies, and other expenses, and then subtracts the average financial aid awarded to a student. This gives a rough estimation of how much money you can expect to pay out-of-pocket or through loans each year.

Custom Rankings

We've developed a number of other tools and rankings to help you make your college decision. Start by filtering this list by location or field of study and then explore our other rankings that feature schools great for different groups of students such as veterans or returnings adults.

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 by comparing your favorite schools against others you are considering!

Top Colleges for the Money (With Aid) in Maryland

Learn more about these excellent schools below:

#1

St John's College

Annapolis, Maryland

St John’s College tops this year’s ranking as the best school for overall value for the money with aid in Maryland. Located in Annapolis, Maryland, the small private not-for-profit school handed out 81 bachelor’s degrees in 2018-2019.

It takes about 4.1 years for the average student at St. John’s Annapolis to complete their degree, and the yearly average cost to attend the school is $12,430 for students who receive aid. This makes the estimated cost of a bachelor’s degree from St. John’s Annapolis be around $50,590. When students graduate in a lesser amount of time, they can save thousands of dollars.

The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. St. John’s Annapolis did well in our quality rankings, too. It placed #3 on our Best Colleges in Maryland list.

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#2

University of Maryland - College Park

College Park, Maryland

You’ll join some of the best and brightest minds around if you attend University of Maryland - College Park. The school came in at #2 in Maryland on this year’s best value ranking. Located in College Park, Maryland, the large public school awarded 8,390 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average student at UMCP graduates in less than 4.2 years, and it costs students who receive aid about $18,518 per year to attend the school. This makes the estimated cost of a bachelor’s degree from UMCP be around $77,961. The sooner a student graduates, the more money they can save.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. In addition to its best value ranking, and one of the reasons why the school is on the list, UMCP is ranked #2 for overall quality in Maryland.

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You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #3 in Maryland on this year’s best value ranking. This fairly large public school is located in Baltimore, Maryland, and it awarded 2,722 bachelor’s degrees in 2018-2019.

The average amount of time it takes for a student to receive their degree at UMBC is 4.4 years, and the average full-time cost to attend the school for students who receive aid is around $19,799. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from UMBC is $87,908. If you can shave even one term off your degree, you can save a substantial amount of money.

With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Full University of Maryland - Baltimore County Report

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#4

Towson University

Towson, Maryland

The excellent bachelor’s degree programs at Towson University helped the school earn the #4 place on this year’s ranking of the best schools for the money in Maryland. Towson, Maryland is the setting for this large institution of higher learning. The public school handed out bachelor’s degrees to 4,786 students in 2018-2019.

It takes the average student at Towson about 4.4 years to graduate, and the estimated yearly cost for the school is $18,571 for students who receive aid. This means that the average student pays around $81,712 to get a bachelor’s degree from Towson. The sooner a student graduates, the more money they can save.

The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.

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#5

Salisbury University

Salisbury, Maryland

You’ll join some of the best and brightest minds around if you attend Salisbury University. The school came in at #5 in Maryland on this year’s best value ranking. Salisbury is a medium-sized public school situated in Salisbury, Maryland. It awarded 1,867 bachelor’s degrees in 2018-2019.

It takes the average student at Salisbury about 4.3 years to graduate, and on average, the annual cost to attend the school is $20,560 for students who receive aid. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Salisbury is about $88,819. When you graduate sooner, you can save a lot of money.

The low student loan default rate of 3.3% 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%.

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#5

St Mary's College of Maryland

St. Mary's City, Maryland

You’ll join some of the best and brightest minds around if you attend St Mary’s College of Maryland. The school came in at #5 in Maryland on this year’s best value ranking. St. Mary’s City, Maryland is the setting for this small institution of higher learning. The public school handed out bachelor’s degrees to 480 students in 2018-2019.

The average student at SMCM graduates in less than 4.1 years, and the average full-time cost to attend the school for students who receive aid is around $22,846. This makes the estimated cost of a bachelor’s degree from SMCM be around $94,126. When you graduate sooner, you can save a lot of money.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

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#7

University of Maryland Eastern Shore

Princess Anne, Maryland

University of Maryland Eastern Shore did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #7. This small public school is located in Princess Anne, Maryland, and it awarded 508 bachelor’s degrees in 2018-2019.

It takes the average student at UMES about 4.6 years to graduate, and the average full-time cost to attend the school for students who receive aid is around $9,003. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from UMES is about $41,054. When students graduate in a lesser amount of time, they can save thousands of dollars.

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#8

Johns Hopkins University

Baltimore, Maryland

With a ranking of #8, Johns Hopkins University did quite well on the 2021 Best Colleges for the Money in Maryland list. Located in Baltimore, Maryland, the large private not-for-profit school awarded 1,747 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average amount of time it takes for a student to receive their degree at Johns Hopkins is 4.1 years, and it costs students who receive aid about $35,760 per year to attend the school. This makes the estimated cost of a bachelor’s degree from Johns Hopkins be around $145,901. If you can shave even one term off your degree, you can save a substantial amount of money.

The student-to-faculty rate of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Johns Hopkins not only placed well in our value rankings, but it is also #1 on our Best Colleges in Maryland list.

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#9

Frostburg State University

Frostburg, Maryland

Frostburg State University ranked #9 on this year’s Best Colleges for the Money in Maryland list. Frostburg State is located in Frostburg, Maryland and has a medium-sized student population. In 2018-2019, this school awarded 1,122 bachelor’s degrees to qualified undergradutates.

It takes the average student at Frostburg State about 4.5 years to graduate, and the yearly average cost to attend the school is $17,306 for students who receive aid. This makes the estimated cost of a bachelor’s degree from Frostburg State be around $78,396. The sooner a student graduates, the more money they can save.

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#10

Morgan State University

Baltimore, Maryland

Morgan State University came in at #10 in this year’s edition of the Best Colleges for the Money in Maryland ranking. Morgan State University is a medium-sized public school located in Baltimore, Maryland that handed out 1,091 bachelor’s degrees in 2018-2019.

It takes about 4.9 years for the average student at Morgan State to complete their degree, and on average, the annual cost to attend the school is $14,793 for students who receive aid. This makes the estimated cost of a bachelor’s degree from Morgan State be around $72,486. The sooner a student graduates, the more money they can save.

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#11

McDaniel College

Westminster, Maryland

McDaniel College came in at #11 in this year’s edition of the Best Colleges for the Money in Maryland ranking. Westminster, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelor’s degrees to 404 students in 2018-2019.

It takes the average student at McDaniel about 4.1 years to graduate, and the average full-time cost to attend the school for students who receive aid is around $28,574. This makes the estimated cost of a bachelor’s degree from McDaniel be around $117,439. Graduating sooner can prevent you from having to pay more money out of pocket.

The low student loan default rate of 4.6% 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%.

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#12

Loyola University Maryland

Baltimore, Maryland

Loyola University Maryland did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #12. Loyola Maryland is a private not-for-profit institution located in Baltimore, Maryland. The school has a medium-sized population, and it awarded 925 bachelor’s degrees in 2018-2019.

It takes about 4.1 years for the average student at Loyola Maryland to complete their degree, and the average full-time cost to attend the school for students who receive aid is around $40,983. This makes the estimated cost of a bachelor’s degree from Loyola Maryland be around $166,391. When students graduate in a lesser amount of time, they can save thousands of dollars.

The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%. Loyola Maryland not only placed well in our value rankings, but it is also #4 on our Best Colleges in Maryland list.

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#13

Bowie State University

Bowie, Maryland

With a ranking of #13, Bowie State University did quite well on the 2021 Best Colleges for the Money in Maryland list. This medium-sized public school is located in Bowie, Maryland, and it awarded 826 bachelor’s degrees in 2018-2019.

The average student at Bowie State University graduates in less than 4.8 years, and the estimated yearly cost for the school is $16,373 for students who receive aid. This means that the average student pays around $78,754 to get a bachelor’s degree from Bowie State University. The sooner a student graduates, the more money they can save.

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#14

Washington College

Chestertown, Maryland

Washington College ranked #14 on this year’s Best Colleges for the Money in Maryland list. Washington College is a small private not-for-profit school situated in Chestertown, Maryland. It awarded 402 bachelor’s degrees in 2018-2019.

It takes about 4.0 years for the average student at Washington College to complete their degree, and it costs students who receive aid about $39,684 per year to attend the school. This means that the average student pays around $160,323 to get a bachelor’s degree from Washington College. The sooner a student graduates, the more money they can save.

The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%. In addition to its best value ranking, and one of the reasons why the school is on the list, Washington College is ranked #5 for overall quality in Maryland.

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#15

Goucher College

Baltimore, Maryland

Goucher College did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #15. Located in Baltimore, Maryland, the small private not-for-profit school handed out 333 bachelor’s degrees in 2018-2019.

The average amount of time it takes for a student to receive their degree at Goucher is 4.1 years, and the yearly average cost to attend the school is $35,053 for students who receive aid. This means that the average student pays around $144,769 to get a bachelor’s degree from Goucher. When students graduate in a lesser amount of time, they can save thousands of dollars.

The student loan default rate at the school is 4.1%, which is quite low when compared to the national default rate of 10.1%.

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#16

Coppin State University

Baltimore, Maryland

Coppin State University did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #16. Located in Baltimore, Maryland, the small public school awarded 382 diplomas to qualifed bachelor’s degree students in 2018-2019.

It takes the average student at Coppin about 4.7 years to graduate, and the estimated yearly cost for the school is $16,665 for students who receive aid. This means that the average student pays around $77,659 to get a bachelor’s degree from Coppin. When you graduate sooner, you can save a lot of money.

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#17

Mount St Mary's University

Emmitsburg, Maryland

Mount St Mary’s University ranked #17 on this year’s Best Colleges for the Money in Maryland list. Mount St Mary’s University is located in Emmitsburg, Maryland and has a small student population. In 2018-2019, this school awarded 485 bachelor’s degrees to qualified undergradutates.

At Mount St Mary’s University, the average time it takes a student to graduate is 4.0 years, and the yearly average cost to attend the school is $33,774 for students who receive aid. This means that the average student pays around $136,785 to get a bachelor’s degree from Mount St Mary’s University. When students graduate in a lesser amount of time, they can save thousands of dollars.

The student loan default rate at the school is 4.1%, which is quite low when compared to the national default rate of 10.1%.

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#18

Hood College

Frederick, Maryland

Hood College came in at #18 in this year’s edition of the Best Colleges for the Money in Maryland ranking. This small private not-for-profit school is located in Frederick, Maryland, and it awarded 282 bachelor’s degrees in 2018-2019.

The average amount of time it takes for a student to receive their degree at Hood is 4.1 years, and the average full-time cost to attend the school for students who receive aid is around $32,483. This makes the estimated cost of a bachelor’s degree from Hood be around $133,180. The sooner a student graduates, the more money they can save.

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#19

Maryland Institute College of Art

Baltimore, Maryland

With a ranking of #19, Maryland Institute College of Art did quite well on the 2021 Best Colleges for the Money in Maryland list. Located in Baltimore, Maryland, the small private not-for-profit school awarded 396 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average student at MICA graduates in less than 4.1 years, and on average, the annual cost to attend the school is $45,861 for students who receive aid. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from MICA is about $188,030. Graduating sooner can prevent you from having to pay more money out of pocket.

The low student loan default rate of 4.2% 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%.

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#20

Notre Dame of Maryland University

Baltimore, Maryland

Notre Dame of Maryland University landed the #20 spot on the 2021 Best Value Colleges in Maryland ranking. NDMU is located in Baltimore, Maryland and has a small student population. In 2018-2019, this school awarded 205 bachelor’s degrees to qualified undergradutates.

It takes about 4.2 years for the average student at NDMU to complete their degree, and the yearly average cost to attend the school is $32,887 for students who receive aid. This makes the estimated cost of a bachelor’s degree from NDMU be around $139,441. If you can shave even one term off your degree, you can save a substantial amount of money.

The low student loan default rate of 4.8% 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%.

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#21

Washington Adventist University

Takoma Park, Maryland

Washington Adventist University landed the #21 spot on the 2021 Best Value Colleges in Maryland ranking. Washington Adventist University is a private not-for-profit institution located in Takoma Park, Maryland. The school has a small population, and it awarded 177 bachelor’s degrees in 2018-2019.

The average amount of time it takes for a student to receive their degree at Washington Adventist University is 4.7 years, and the yearly average cost to attend the school is $23,965 for students who receive aid. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Washington Adventist University is $111,677. If you can shave even one term off your degree, you can save a substantial amount of money.

The student-to-faculty rate of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full Washington Adventist University Report

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#22

Stevenson University

Stevenson, Maryland

Stevenson University did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #22. Located in Stevenson, Maryland, the small private not-for-profit school handed out 804 bachelor’s degrees in 2018-2019.

The average student at Stevenson graduates in less than 4.2 years, and the yearly average cost to attend the school is $35,281 for students who receive aid. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Stevenson is $149,591. If you can shave even one term off your degree, you can save a substantial amount of money.

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#23

Capitol Technology University

Laurel, Maryland

Capitol Technology University did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #23. Located in Laurel, Maryland, the small private not-for-profit school handed out 92 bachelor’s degrees in 2018-2019.

It takes about 4.8 years for the average student at Capitol Tech to complete their degree, and the yearly average cost to attend the school is $30,371 for students who receive aid. Thus, the average cost to get a bachelor’s degree from the Capitol Tech is $146,085. If you can shave even one term off your degree, you can save a substantial amount of money.

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Notes and References

Footnotes

*These averages are for the top 23 schools only.

  • For our state-specific rankings, we use in-state tuition to calculate average cost. For our national and regional rankings, we use a weighted average of in-state and non-resident tuition.

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%.

More about our data sources and methodologies.

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