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2021 Best Colleges for the Money in Maryland

23 Colleges
$29,558 Avg Cost*
4.3 Years Avg Time to Graduate*

There are lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our Best Value Maryland Schools ranking is part of that endeavor.

Our analysis looked at 23 schools to determine which ones were the best for overall value in Maryland. This ranking doesn't just identify the colleges with the lowest costs. Rather, it highlights those institutions that offer excellent educational experiences for a lower cost than other schools of roughly the same caliber. So it is possible that College A may rank better than College B, while College B is less expensive to attend.

Learn more about 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 in Maryland

Learn more about these excellent schools below:

#1

St John's College

Annapolis, Maryland

Our 2021 rankings named St John’s College the best school for overall value in Maryland for students working on their bachelor’s degree. St. John’s Annapolis is a private not-for-profit institution located in Annapolis, Maryland. The school has a small population, and it awarded 81 bachelor’s degrees in 2018-2019.

At St. John’s Annapolis, the average time it takes a student to graduate is 4.1 years, and the yearly average cost to attend the school is $12,806. 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 St. John’s Annapolis is $52,120. When you graduate sooner, you can save a lot of money.

Since the school has a student-to-faculty rate of 7 to 1, those pursuing a bachelor’s degree will have more opportunities to interact with their professors. St. John’s Annapolis not only placed well in our value rankings, but it is also #3 on our Best Colleges in Maryland list.

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#2

University of Maryland - College Park

College Park, Maryland

The excellent bachelor’s degree programs at University of Maryland - College Park helped the school earn the #2 place on this year’s ranking of the best schools for the money in Maryland. This large public school is located in College Park, Maryland, and it awarded 8,390 bachelor’s degrees in 2018-2019.

The average student at UMCP graduates in less than 4.2 years, and it costs about $23,099 per year to attend the school. 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 UMCP is $97,247. If you can shave even one term off your degree, you can save a substantial amount of money.

The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. UMCP also made our Best Colleges in Maryland list, coming in at #2.

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#3

St Mary's College of Maryland

St. Mary's City, Maryland

Out of the 23 schools in Maryland that were part of this year’s ranking, St Mary’s College of Maryland landed the #3 spot on the list. SMCM is a small public school situated in St. Mary’s City, Maryland. It awarded 480 bachelor’s degrees in 2018-2019.

It takes about 4.1 years for the average student at SMCM to complete their degree, and the average full-time cost to attend the school is around $24,423. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from SMCM is $100,623. When you graduate sooner, you can save a lot of money.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

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#4

Salisbury University

Salisbury, Maryland

The excellent bachelor’s degree programs at Salisbury University helped the school earn the #4 place on this year’s ranking of the best schools for the money in Maryland. Salisbury, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out bachelor’s degrees to 1,867 students in 2018-2019.

It takes the average student at Salisbury about 4.3 years to graduate, and the yearly average cost to attend the school is $22,898. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Salisbury is about $98,919. The sooner a student graduates, the more money they can save.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.

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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 #5 in Maryland on this year’s best value ranking. Located in Baltimore, Maryland, the fairly large public school awarded 2,722 diplomas to qualifed bachelor’s degree students in 2018-2019.

It takes the average student at UMBC about 4.4 years to graduate, and on average, the annual cost to attend the school is $24,138. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from UMBC is $107,173. 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%.

Full University of Maryland - Baltimore County Report

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#6

Towson University

Towson, Maryland

Towson University landed the #6 spot on the 2021 Best Value Colleges in Maryland ranking. Towson is a large public school situated in Towson, Maryland. It awarded 4,786 bachelor’s degrees in 2018-2019.

At Towson, the average time it takes a student to graduate is 4.4 years, and the estimated yearly cost for the school is $23,022. This means that the average student pays around $101,297 to get a bachelor’s degree from Towson. When students graduate in a lesser amount of time, they can save thousands of dollars.

The student loan default rate at the school is 3.5%, which is quite low when compared to the national default rate of 10.1%.

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#7

University of Maryland Eastern Shore

Princess Anne, Maryland

University of Maryland Eastern Shore landed the #7 spot on the 2021 Best Value Colleges in Maryland ranking. Princess Anne, Maryland is the setting for this small institution of higher learning. The public school handed out bachelor’s degrees to 508 students in 2018-2019.

At UMES, the average time it takes a student to graduate is 4.6 years, and it costs about $11,513 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the UMES is $52,499. When students graduate in a lesser amount of time, they can save thousands of dollars.

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#8

Frostburg State University

Frostburg, Maryland

Frostburg State University came in at #8 in this year’s edition of the Best Colleges for the Money in Maryland ranking. Frostburg State is a public institution located in Frostburg, Maryland. The school has a medium-sized population, and it awarded 1,122 bachelor’s degrees in 2018-2019.

It takes the average student at Frostburg State about 4.5 years to graduate, and on average, the annual cost to attend the school is $20,170. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Frostburg State is $91,370. The sooner a student graduates, the more money they can save.

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#9

Johns Hopkins University

Baltimore, Maryland

Johns Hopkins University landed the #9 spot on the 2021 Best Value Colleges in Maryland ranking. Located in Baltimore, Maryland, the large private not-for-profit school handed out 1,747 bachelor’s degrees in 2018-2019.

At Johns Hopkins, the average time it takes a student to graduate is 4.1 years, and the yearly average cost to attend the school is $53,746. 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 Johns Hopkins is $219,284. Graduating sooner can prevent you from having to pay more money out of pocket.

With a student-to-faculty rate of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Johns Hopkins also made our Best Colleges in Maryland list, coming in at #1.

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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. This medium-sized public school is located in Baltimore, Maryland, and it awarded 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 the yearly average cost to attend the school is $17,195. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Morgan State is $84,256. The sooner a student graduates, the more money they can save.

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#11

Loyola University Maryland

Baltimore, Maryland

Loyola University Maryland landed the #11 spot on the 2021 Best Value Colleges in Maryland ranking. Loyola Maryland is located in Baltimore, Maryland and has a medium-sized student population. In 2018-2019, this school awarded 925 bachelor’s degrees to qualified undergradutates.

It takes about 4.1 years for the average student at Loyola Maryland to complete their degree, and it costs about $45,251 per year to attend the school. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Loyola Maryland is about $183,719. When you graduate sooner, you can save a lot of money.

The student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%. Loyola Maryland did well in our quality rankings, too. It placed #4 on our Best Colleges in Maryland list.

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#12

Goucher College

Baltimore, Maryland

Goucher College did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #12. Baltimore, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelor’s degrees to 333 students in 2018-2019.

The average amount of time it takes for a student to receive their degree at Goucher is 4.1 years, and it costs about $35,923 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the Goucher is $148,362. The sooner a student graduates, the more money they can save.

The low student loan default rate of 4.1% 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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#13

Washington College

Chestertown, Maryland

Washington College ranked #13 on this year’s Best Colleges for the Money in Maryland list. Washington College is a private not-for-profit institution located in Chestertown, Maryland. The school has a small population, and it awarded 402 bachelor’s degrees in 2018-2019.

The average student at Washington College graduates in less than 4.0 years, and the estimated yearly cost for the school is $42,261. This makes the estimated cost of a bachelor’s degree from Washington College be around $170,734. The sooner a student graduates, the more money they can save.

The student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%. Washington College also made our Best Colleges in Maryland list, coming in at #5.

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#14

McDaniel College

Westminster, Maryland

McDaniel College did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #14. 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.

The average amount of time it takes for a student to receive their degree at McDaniel is 4.1 years, and the average full-time cost to attend the school is around $31,640. 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 McDaniel is $130,040. When you graduate sooner, you can save a lot of money.

The student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.

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#15

Coppin State University

Baltimore, Maryland

With a ranking of #15, Coppin State University did quite well on the 2021 Best Colleges for the Money in Maryland list. Located in Baltimore, Maryland, the small public school awarded 382 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 Coppin is 4.7 years, and the average full-time cost to attend the school is around $18,307. 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 Coppin is $85,311. When students graduate in a lesser amount of time, they can save thousands of dollars.

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#16

Bowie State University

Bowie, Maryland

Bowie State University landed the #16 spot on the 2021 Best Value Colleges in Maryland ranking. This medium-sized public school is located in Bowie, Maryland, and it awarded 826 bachelor’s degrees in 2018-2019.

It takes about 4.8 years for the average student at Bowie State University to complete their degree, and the yearly average cost to attend the school is $19,126. Thus, the average cost to get a bachelor’s degree from the Bowie State University is $91,996. If you can shave even one term off your degree, you can save a substantial amount 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. Located in Emmitsburg, Maryland, the small private not-for-profit school awarded 485 diplomas to qualifed bachelor’s degree students in 2018-2019.

At Mount St Mary’s University, the average time it takes a student to graduate is 4.0 years, and the estimated yearly cost for the school is $35,265. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Mount St Mary’s University is $142,823. When you graduate sooner, you can save a lot of money.

The school has an impressive student loan default rate. It’s only 4.1%, which is much lower than the national rate of 10.1%.

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#18

Hood College

Frederick, Maryland

Hood College landed the #18 spot on the 2021 Best Value Colleges 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.

It takes about 4.1 years for the average student at Hood to complete their degree, and on average, the annual cost to attend the school is $33,781. This makes the estimated cost of a bachelor’s degree from Hood be around $138,502. 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 it costs about $46,922 per year to attend the school. This makes the estimated cost of a bachelor’s degree from MICA be around $192,380. Graduating sooner can prevent you from having to pay more money out of pocket.

The impressive student-to-faculty rate of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

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#20

Stevenson University

Stevenson, Maryland

Stevenson University did quite well in the 2021 Best Value Colleges in Maryland ranking, coming in at #20. This small private not-for-profit school is located in Stevenson, Maryland, and it awarded 804 bachelor’s degrees in 2018-2019.

It takes the average student at Stevenson about 4.2 years to graduate, and it costs about $38,079 per year to attend the school. This means that the average student pays around $161,455 to get a bachelor’s degree from Stevenson. When you graduate sooner, you can save a lot of money.

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#21

Notre Dame of Maryland University

Baltimore, Maryland

Notre Dame of Maryland University ranked #21 on this year’s Best Colleges for the Money in Maryland list. NDMU is a small private not-for-profit school situated in Baltimore, Maryland. It awarded 205 bachelor’s degrees in 2018-2019.

The average student at NDMU graduates in less than 4.2 years, and the estimated yearly cost for the school is $38,859. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from NDMU is $164,762. 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.

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#22

Washington Adventist University

Takoma Park, Maryland

Washington Adventist University landed the #22 spot on the 2021 Best Value Colleges in Maryland ranking. Located in Takoma Park, Maryland, the small private not-for-profit school awarded 177 diplomas to qualifed bachelor’s degree students in 2018-2019.

It takes the average student at Washington Adventist University about 4.7 years to graduate, and the estimated yearly cost for the school is $27,663. 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 $128,910. When you graduate sooner, you can save a lot of money.

The impressive student-to-faculty rate of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

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#23

Capitol Technology University

Laurel, Maryland

With a ranking of #23, Capitol Technology University did quite well on the 2021 Best Colleges for the Money in Maryland list. Capitol Tech is a small private not-for-profit school situated in Laurel, Maryland. It awarded 92 bachelor’s degrees in 2018-2019.

The average amount of time it takes for a student to receive their degree at Capitol Tech is 4.8 years, and it costs about $33,744 per year to attend the school. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Capitol Tech is about $162,309. When you graduate sooner, you can save a lot 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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