Top 10 Most Affordable Online Masters Degree Programs

Are you thinking about going back to school for your master’s degree but you don’t want to break the bank? Are you working full time and can’t commute everyday to classes? There are some amazing master’s degree programs out there for cheap! Don’t feel too overwhelmed with all the choices…we’ve narrowed down a list of the top 10 most affordable online master’s degree programs in the country.

Why Choose an Online Masters Degree?

People enroll in online degree programs for convenience and flexibility. When it comes to online master’s degree programs, this is especially true. Many individuals pursuing their master’s degree are also working and may have a family to support as well. In addition to convenience and flexibility, many students are looking for affordable online colleges. In a world where undergraduate student loans, car payments, medical bills and rent are looming over our heads, a cheap and affordable master’s degree program is a welcome change.

Tips for Finding Affordable Programs:

Try your local community colleges first; they will often have the best prices for online master’s degree programs. If you can’t find a program that suits you, try a Google search using terms like “affordable online colleges” or “online masters degree.” This can also point you in the right direction.

What to Look for in a Cheap Program:

As you begin your search you will find a wide range of prices per semester credit hour. Some of the most expensive courses are highly advertised on television such as DeVry University, at $609 per semester credit hour, or University of Phoenix, at $585 per semester credit hour. Look for programs that also include books, ebooks, and other learning materials in the tuition price. Some universities will offer online tutoring and other academic support along with the cost.

Top 10 Most Affordable Online Masters Degree Programs


Below are 10 of the most affordable online master’s degree programs out there:


1. Ashworth College

Ashworth College
This program is an amazing $84 per semester credit hour. The tuition includes Ebooks, textbooks, learning materials, academic tutoring support and online exams. This college introduced affordable online master’s degree programs in 2004 and also offers zero interest monthly payment. This university is dedicated to providing their students with a low cost education.

2. Colorado State University-Global Campus

Colorado State University-Global Campus
This program offers accredited courses and exists 100% online. They have courses in master’s degrees in Management, Healthcare and more. CSU-Global charges $500 per credit hour. For such a distinguished state school, this is an excellent tuition.

3. American Sentinel University

American Sentinel University
Tuition: $350 per semester credit hour. Programs offered at the associate’s, bachelor’s and master’s levels. This nationally accredited school offers Technology, Business, and Health Care Programs. American sentinel also offers monthly registration opportunities and designing courses.

4. Fort Hays State University

Fort Hays State University
This is a public university in Hays, Kansas that offers 11 fully online accredited master’s programs such as Nursing and Education. It is only $241 per credit hour, one of the lowest tuition rates on this list.

5. Capella University

Capella University
This private university is dedicated to accomodating the busy adult student population with cheap online degrees. Capella University is out of Minneapolis, offering a large list of online master’s degrees, including a very popular Masters of Public Administration. Depending on the program, Capella charges between $375 and $614 per credit hour.

6. Western Governor’s University

Western Governor’s University
A private, nonprofit online college established by the governors of several Western states. This unique school measures student progress based on demonstrated competency rather than credit hours. The program offers 25 online master’s degree programs including Science Education. Tuition is set at a flat rate ranging from $2,890-$3,250 per term, with students able to complete as many competency units as they can.

7. Sullivan University

Sullivan University
Founded in 1962 as a career college, Sullivan University now offers everything from associate’s degrees to a doctorate of pharmacy to three MBA concentrations. There is such a wide range of options at this university that you would be hard pressed not to find something of interest. The tuition is $283-375 depending on the program.

8. Walden University

Walden University
Walden was founded in 1970 as a progressive education experiment for working adults. Today they offer degrees in many fields such as Public Policy, and Nonprofit Management. Tuition ranges from $410-$700 depending on the program.

9. Baker College Online

Baker College Online
Baker College is a private career college originally inspired by the automotive boom of the 1910s. Today they offer a dozen accredited online master’s degree programs, including degrees in Information Systems and Business. Baker’s Master’s Degree programs are $375 per credit hour.

10. Kaplan University Online

Kaplan University Online
Kaplan is a private college named after Stanley H. Kaplan, founder of Kaplan Test Prep. Kaplan University Online offers 20 master’s degrees, all of them online. The majority of the degrees are Masters of Science, in fields such as Accounting or Finance. Tuition is $441 per credit hour.

Today, more than ever, people are looking to further their education. Luckily, there are numerous online master’s degree programs out there with a wide selection of choices. Online education is just getting started: Georgia Tech is starting a super cheap online computer science degree in the next year which promises to be well worth the wait. It will be delivered through massive open online courses, or MOOC’S at an extremely low price of $6,600. Higher education used to look down on online courses, but Georgia Tech hopes to shape and reinvent the future with this program. They predict that thousands of students from all over the world will enroll in this exciting new program.

Hopefully in the coming years more top colleges and universities will start to accept the MOOC movement and online courses in general. This is a great way for students to achieve an education without having to work the rest of their lives to pay it back.