Most Affordable Online Master’s in Education Degrees
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Earning your degree through one of todays’ best online master’s in education programs can be more affordable than you think. Explore specialization options, delivery formats, financial aid resources, and more.
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Whether you’re a licensed teacher seeking to enhance your skills and salary, hold a bachelor’s degree in a different field and aspire to become a teacher, or aim to pursue advanced roles in educational administration and instructional design, an online master’s degree in education can assist you in achieving your career goals in a format that accommodates your busy schedule.
Finding a high-quality, reasonably-priced online education master’s program from an accredited university has become easier than ever before. To assist you in getting started, we’ve compiled a list of the most affordable online education master’s programs for this year. Keep reading to discover an online master’s in education program that suits your budget and career objectives, as well as additional tips on obtaining financial assistance to pay for graduate school.
Programs that might interest you:
Ball State University
Muncie, Indiana
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate64%
- Retention Rate73%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online76%
- % Part. Online10%
University of Florida
Gainesville, Florida
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate90%
- Retention Rate97%
- Student/Faculty Ratio16/1
- Tuition$
- % Excl. Online36%
- % Part. Online12%
East Carolina University
Greenville, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate65%
- Retention Rate80%
- Student/Faculty Ratio18/1
- Tuition$$
- % Excl. Online63%
- % Part. Online10%
Arkansas State University
Jonesboro, Arkansas
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate53%
- Retention Rate78%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online80%
- % Part. Online3%
Northwestern State University of Louisiana
Natchitoches, Louisiana
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate46%
- Retention Rate61%
- Student/Faculty Ratio17/1
- Tuition$$
- % Excl. Online92%
- % Part. Online5%
University of Nebraska at Kearney
Kearney, Nebraska
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate54%
- Retention Rate74%
- Student/Faculty Ratio13/1
- Tuition$$
- % Excl. Online90%
- % Part. Online8%
Liberty University
Lynchburg, Virginia
Private
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate66%
- Retention Rate79%
- Student/Faculty Ratio18/1
- Tuition$$$$
- % Excl. Online96%
- % Part. Online1%
University of North Carolina at Pembroke
Pembroke, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate45%
- Retention Rate72%
- Student/Faculty Ratio14/1
- Tuition$
- % Excl. Online78%
- % Part. Online15%
The University of West Florida
Pensacola, Florida
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate53%
- Retention Rate85%
- Student/Faculty Ratio22/1
- Tuition$
- % Excl. Online87%
- % Part. Online6%
Muskingum University
New Concord, Ohio
Private
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate60%
- Retention Rate68%
- Student/Faculty Ratio13/1
- Tuition$$$$
- % Excl. Online85%
- % Part. Online6%
University of West Georgia
Carrollton, Georgia
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate43%
- Retention Rate73%
- Student/Faculty Ratio16/1
- Tuition$
- % Excl. Online85%
- % Part. Online7%
Georgia College & State University
Milledgeville, Georgia
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate62%
- Retention Rate80%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online72%
- % Part. Online20%
Houghton College
Houghton, New York
Private
- AccreditationMSCHE
- Avg. Grant Aid
- Graduation Rate60%
- Retention Rate81%
- Student/Faculty Ratio10/1
- Tuition$$$
- % Excl. Online72%
- % Part. Online3%
Eastern Kentucky University
Richmond, Kentucky
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate49%
- Retention Rate77%
- Student/Faculty Ratio16/1
- Tuition$$
- % Excl. Online60%
- % Part. Online21%
Georgia Southern University
Statesboro, Georgia
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate53%
- Retention Rate72%
- Student/Faculty Ratio22/1
- Tuition$
- % Excl. Online54%
- % Part. Online18%
University of South Florida
Tampa, Florida
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate74%
- Retention Rate90%
- Student/Faculty Ratio22/1
- Tuition$
- % Excl. Online29%
- % Part. Online19%
SUNY Oneonta
Oneonta, New York
Public
- AccreditationMSCHE
- Avg. Grant Aid
- Graduation Rate75%
- Retention Rate72%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online81%
- % Part. Online11%
Western New Mexico University
Silver City, New Mexico
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate31%
- Retention Rate62%
- Student/Faculty Ratio11/1
- Tuition$$
- % Excl. Online92%
- % Part. Online6%
University of North Carolina at Charlotte
Charlotte, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate70%
- Retention Rate84%
- Student/Faculty Ratio20/1
- Tuition$
- % Excl. Online35%
- % Part. Online26%
Southern Arkansas University
Magnolia, Arkansas
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate45%
- Retention Rate71%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online73%
- % Part. Online23%
Fort Hays State University
Hays, Kansas
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate51%
- Retention Rate76%
- Student/Faculty Ratio15/1
- Tuition$
- % Excl. Online91%
- % Part. Online3%
Delta State University
Cleveland, Mississippi
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate46%
- Retention Rate64%
- Student/Faculty Ratio10/1
- Tuition$$
- % Excl. Online83%
- % Part. Online10%
Kennesaw State University
Kennesaw, Georgia
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate46%
- Retention Rate75%
- Student/Faculty Ratio22/1
- Tuition$
- % Excl. Online63%
- % Part. Online13%
Elizabeth City State University
Elizabeth City, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate42%
- Retention Rate76%
- Student/Faculty Ratio16/1
- Tuition$
- % Excl. Online57%
- % Part. Online19%
Appalachian State University
Boone, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate75%
- Retention Rate83%
- Student/Faculty Ratio16/1
- Tuition$$
- % Excl. Online49%
- % Part. Online17%
Southeast Missouri State University
Cape Girardeau, Missouri
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate56%
- Retention Rate73%
- Student/Faculty Ratio20/1
- Tuition$$
- % Excl. Online40%
- % Part. Online41%
Emporia State University
Emporia, Kansas
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate52%
- Retention Rate72%
- Student/Faculty Ratio17/1
- Tuition$
- % Excl. Online89%
- % Part. Online4%
Valley City State University
Valley City, North Dakota
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate47%
- Retention Rate71%
- Student/Faculty Ratio12/1
- Tuition$$
- % Excl. Online100%
- % Part. OnlineN/A
California State University-Fresno
Fresno, California
Public
- AccreditationWASC
- Avg. Grant Aid
- Graduation Rate56%
- Retention Rate76%
- Student/Faculty Ratio21/1
- Tuition$
- % Excl. Online27%
- % Part. Online50%
New Jersey City University
Jersey City, New Jersey
Public
- AccreditationMSCHE
- Avg. Grant Aid
- Graduation Rate39%
- Retention Rate73%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online75%
- % Part. Online8%
Morehead State University
Morehead, Kentucky
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate47%
- Retention Rate68%
- Student/Faculty Ratio14/1
- Tuition$$
- % Excl. Online82%
- % Part. Online14%
North Carolina Central University
Durham, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate44%
- Retention Rate76%
- Student/Faculty Ratio14/1
- Tuition$
- % Excl. Online36%
- % Part. Online18%
New Mexico State University
Las Cruces, New Mexico
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate51%
- Retention Rate72%
- Student/Faculty Ratio16/1
- Tuition$$
- % Excl. Online42%
- % Part. Online21%
Florida State University
Tallahassee, Florida
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate85%
- Retention Rate94%
- Student/Faculty Ratio17/1
- Tuition$
- % Excl. Online36%
- % Part. Online9%
Asbury University
Wilmore, Kentucky
Private
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate70%
- Retention Rate83%
- Student/Faculty Ratio11/1
- Tuition$$$$
- % Excl. Online98%
- % Part. Online2%
Fairmont State University
Fairmont, West Virginia
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate46%
- Retention Rate63%
- Student/Faculty Ratio13/1
- Tuition$$
- % Excl. Online80%
- % Part. Online16%
Southeastern Oklahoma State University
Durant, Oklahoma
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate34%
- Retention Rate59%
- Student/Faculty Ratio22/1
- Tuition$
- % Excl. Online96%
- % Part. Online3%
Tarleton State University
Stephenville, Texas
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate46%
- Retention Rate70%
- Student/Faculty Ratio17/1
- Tuition$$
- % Excl. Online86%
- % Part. Online11%
Stephen F Austin State University
Nacogdoches, Texas
Public
- AccreditationSFA
- Avg. Grant Aid
- Graduation Rate53%
- Retention Rate73%
- Student/Faculty Ratio17/1
- Tuition$$
- % Excl. Online61%
- % Part. Online23%
The University of Tennessee-Martin
Martin, Tennessee
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate53%
- Retention Rate71%
- Student/Faculty Ratio15/1
- Tuition$$
- % Excl. Online89%
- % Part. Online3%
Chadron State College
Chadron, Nebraska
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate44%
- Retention Rate72%
- Student/Faculty Ratio16/1
- Tuition$$
- % Excl. Online97%
- % Part. Online2%
Texas Woman’s University
Denton, Texas
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate48%
- Retention Rate73%
- Student/Faculty Ratio16/1
- Tuition$$
- % Excl. Online63%
- % Part. Online19%
Eastern New Mexico University
Portales, New Mexico
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate41%
- Retention Rate62%
- Student/Faculty Ratio16/1
- Tuition$
- % Excl. Online88%
- % Part. Online5%
Western Illinois University
Macomb, Illinois
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate47%
- Retention Rate67%
- Student/Faculty Ratio13/1
- Tuition$$$
- % Excl. Online34%
- % Part. Online39%
University of North Carolina Wilmington
Wilmington, North Carolina
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate74%
- Retention Rate83%
- Student/Faculty Ratio17/1
- Tuition$
- % Excl. Online70%
- % Part. Online8%
Morningside University
Sioux City, Iowa
Private
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate56%
- Retention Rate65%
- Student/Faculty Ratio13/1
- Tuition$$$$
- % Excl. Online100%
- % Part. OnlineN/A
Alcorn State University
Alcorn State, Mississippi
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate47%
- Retention Rate81%
- Student/Faculty Ratio16/1
- Tuition$$
- % Excl. Online60%
- % Part. Online28%
University of Alaska Southeast
Juneau, Alaska
Public
- AccreditationNWCCU
- Avg. Grant Aid
- Graduation Rate25%
- Retention Rate65%
- Student/Faculty Ratio9/1
- Tuition$
- % Excl. Online61%
- % Part. Online29%
University of Wisconsin-Whitewater
Whitewater, Wisconsin
Public
- AccreditationHLC
- Avg. Grant Aid
- Graduation Rate62%
- Retention Rate74%
- Student/Faculty Ratio19/1
- Tuition$$
- % Excl. Online76%
- % Part. Online11%
University of West Alabama
Livingston, Alabama
Public
- AccreditationSACSCOC
- Avg. Grant Aid
- Graduation Rate38%
- Retention Rate69%
- Student/Faculty Ratio18/1
- Tuition$$
- % Excl. Online92%
- % Part. Online3%
Base Methodology for STEP’s “Most Affordable Online Graduate Rankings”
Generate List of Eligible Schools and Programs
To be eligible for this ranking, schools were required to meet the following criteria based on government data provided by The Integrated Postsecondary Education Data System (IPEDS).
- Institutional accreditation from an organization recognized by the U.S. Department of Education.
- At least one program in the subject area offered partially or fully online.
- Career placement and academic counseling services.
Assign Weightings
After generating the list of eligible schools, the STEPS data team then assigned weights and ranked schools based on their performance in a variety of key categories. Affordability metrics received the heaviest weightings, followed by online learning and student outcomes/academic quality metrics.
Affordability
- Average amount of federal, state, local, or institutional grant iad awarded
- Tuition and fess
Online Learning
- Number of online programs
- Percent of graduate students enrolled exclusively in distance education courses
- Percent of graduate students enrolled in some but not all distance education courses
Student Outcomes
- Full-time retention rate
- Student-to-faculty ratio
- Graduation rate
About Our Data
All STEPS rankings use the latest official data available from The Integrated Postsecondary Education Data System (IPEDS). Most recent data pull: August 2024.
Where to Get Funding for Your Online Master’s in Education
Students working towards an online education master’s degree can secure funding from a variety of places, including the government, the school where they’ll earn their masters, and their employers. The options below detail some of the most common ways to fund your degree.
1
Apply to scholarships, grants, and fellowships created for education master’s students.
You can find plenty of educational funding in the form of scholarships, grants, and fellowships if you plan to study education. For instance, the Leon Bradley Scholarship Program offered by the American Association of School Personnel Administrators provides $3,500 to qualified students. Start your search for scholarships, grants, and fellowships early with our STEPS financial aid guide and our Resources, Scholarships and Support Services for Education & Teaching Majors guide.
2
Look into Student Loan Forgiveness for teachers
Qualified teachers can receive up to $17,500 of loan forgiveness for their unsubsidized loans. Applicants must work full-time for at least five academic years at a school that serves low-income students. Requirements vary based on whether you teach elementary, middle, or high school, so be sure to review the eligibility information carefully before applying.
3
Ask about a tuition reimbursement program from your employer
If you’re employed by a private school, you may be eligible for a tuition reimbursement program that can help cover educational expenses. Employers can provide up to $5,250 annually tax-free (amounts exceeding this are not tax-free) to cover expenses such as tuition, textbooks and supplies, and required fees. Even if your employer does not advertise this benefit, it’s worth asking them if it’s an option.
4
Take advantage of work-study
The Free Application for Federal Student Aid (FAFSA) indicates if you qualify for work-study funds. If you do, apply to in-person or virtual part-time jobs at your university and receive at least the federal minimum wage. In some cases, you can request work-study positions that directly relate to your master’s degree, thereby gaining valuable experience before graduating. Indiana University Southeast provides a solid example of what to look for in work-study opportunities.
5
Take on a research or teaching assistantship
You may qualify for a research or teaching assistantship within your school of education. Compensation for these positions varies across universities. Some provide stipends to help cover costs, while others provide tuition remission or specific scholarships. These positions tend to be highly competitive, so begin researching them early. The Graduate School at the University of Kentucky provides an example of a school offering these positions.
5 Key Factors That Can Impact the Affordability of Your Online Master’s in Education
If you’re seeking ways to keep your expenses low before pursuing additional funding sources, it’s essential to understand that several factors can influence the actual cost of your degree. In this section, we examine a few common factors that students should take into account.
Public vs. Private
Whether you attend a public or private university can have a huge impact on how much you pay for your online Master in Education. According to CollegeBoard, students enrolled in public institutions as of the 2020-2021 academic year paid an average of $8,950 while those studying at private schools paid an average of $29,670.
Resident vs. Non-Resident Status
Because public schools receive state funding for resident learners, attending one of these institutions in your home state can save serious dollars. During the 2020-2021 school year, resident students paid an average of $10,560 while non-resident students paid an average of $27,020 during the same year.
Online Student Tuition Rate
Some schools have lower online tuition rates than those charged for on-campus students. In the case of private schools, the institution may reduce the advertised price for online students. Finally, public schools sometimes let online learners pay the resident tuition rate regardless of where they live.
School-Based Funding
Many schools provide department-specific scholarships and other types of funding to students enrolled in education master’s programs. Some of these are awarded based on merit while others focus on supporting students with financial needs. Review the Laverne I. & Marvin L. Colness “Pay it Forward” Scholarship offered at the University of Minnesota Duluth as an example.
Fees
Students don’t always consider fees outside of tuition when creating a budget. While online learners avoid many campus-based costs such as parking passes, facilities usage, gym memberships, and campus-based housing, they still incur some added feels. Technology and student service fees are common for online students.