Earning a college degree online has become a popular and respected path in today’s world. Accredited online degrees are now widely recognized by employers as being just as valid as traditional on-campus degrees. However, the escalating cost of higher education is a significant concern for many, leading to substantial student loan debt. The Department of Education highlights this growing issue, noting that the average federal student loan debt reached $37,850 as of March 2024, a stark increase from $18,233 in 2007.
To help navigate the financial challenges of higher education, we have curated a list of the top 10 Cheapest Online Colleges. This ranking is based on key factors such as student outcomes, the variety of programs offered, and student-to-faculty ratios, ensuring you find an affordable and valuable online education.
Featured Online Colleges
Discover more about enrollment dates, credit transfers, and financial aid opportunities by contacting the universities featured below.
10 Cheapest Online Colleges
Our data is compiled from reputable sources like Peterson’s Data and the National Center for Education Statistics to ensure accuracy. Please note that AffordableCollegesOnline.org is an advertising-supported website. Schools that compensate us may be featured or listed in search, finder, or match results. This compensation does not affect our independently-assessed school rankings, resource guides, or other editorial content. Partner programs are identified within the rankings.
#1 University of Florida
- Gainesville, FL
- 4 years
- Online + Campus
What Sets It Apart:
The University of Florida stands out for its exceptional value in online education, providing 26 fully online bachelor’s degrees. Students benefit from the same curriculum and faculty as on-campus programs, earning the same esteemed degree while cutting tuition costs by approximately 40%. This makes UF a leading choice for a cheapest online college experience without compromising quality.
Cost per Semester: In State | $1,935 Out of State | $8,295
Why Students Choose UF:
- Flexible Courses: Asynchronous course options allow students to learn at their own pace, fitting education into busy schedules.
- Strong Online Community: UF fosters a robust online social and support network, enabling students to connect with peers worldwide.
- Personalized Support: Dedicated academic advisors offer tailored guidance, helping students stay focused on their academic and career aspirations.
Know Before You Enroll:
- Grandparent Waiver: Out-of-state students with grandparents residing in Florida may qualify for reduced tuition and fees.
- Payment Plans: Eligible students can utilize four-installment payment plans for tuition and additional expenses like textbooks.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $4,477 | $25,694 |
| Average Graduate Tuition | $10,770 | $27,335 |
| Retention Rate | 97% | |
| Acceptance Rate | 24% | |
| Students Enrolled | 54,814 | |
| Institution Type | Public | |
| Percent Online Enrollment | 57% | |
| Accreditation | Yes |
#2 Florida International University
- Miami, FL
- 4 years
- Online + Campus
What Sets It Apart:
Florida International University offers an extensive range of online programs, including 40 bachelor’s and 32 master’s degrees. FIU provides access to a vibrant student community with over 300 associations, professional societies, cultural groups, and interest groups, making it a strong contender for those seeking a cheapest online college with rich extracurricular opportunities.
Cost per Semester: In State | $3,283 Out of State | $9,482
Why Students Choose FIU:
- Upward Mobility: As a Hispanic- and minority-serving institution, FIU is dedicated to fostering students’ upward socioeconomic mobility.
- Flexible Courses: Asynchronous options provide flexibility for students to manage their studies alongside other commitments.
- Online Community: FIU’s online platform builds a supportive community hub for networking and peer interaction across geographical boundaries.
Know Before You Enroll:
- Scholarships: Merit scholarships are available, often without requiring a separate application.
- Low In-State Tuition: In-state students benefit from a very affordable rate of just $153 per credit.
- Payment Plans: Multiple payment plan options are available to aid students in budgeting for their education.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $6,168 | $18,566 |
| Average Graduate Tuition | $911 | $2,003 |
| Retention Rate | 92% | |
| Acceptance Rate | 59% | |
| Students Enrolled | 54,085 | |
| Institution Type | Public | |
| Percent Online Enrollment | 67% | |
| Accreditation | Yes |
#3 University of Arizona
- Tucson, AZ
- 4 years
- Online + Campus
What Sets It Apart:
The University of Arizona offers over 50 fully online degree programs, including 29 bachelor’s degrees in fields like nursing, health and human services, and project management. With its diverse online offerings and flexible payment structures, U of A is a strong choice for those seeking a cheapest online college with a wide array of programs.
Cost per Semester: In State | $6,500 Out of State | $6,500
Why Students Choose U of A:
- Flexible Payments: A pay-per-credit system allows students to control their learning pace and budget effectively.
- Support for Military: Active duty military and veterans may be eligible for tuition assistance up to $250 per credit.
- Resources: U of A provides a comprehensive online student resource hub, covering workshops, financial aid, and disability services.
Know Before You Enroll:
- Financial Aid: A 2022 survey revealed that 62% of Arizona Online students utilize financial aid.
- Tuition Savings: In-state and out-of-state students benefit from the same tuition and fees for online programs.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $11,210 | $35,628 |
| Average Graduate Tuition | $12,348 | $32,290 |
| Retention Rate | 88% | |
| Acceptance Rate | 86% | |
| Students Enrolled | 53,187 | |
| Institution Type | Public | |
| Percent Online Enrollment | 60% | |
| Accreditation | Yes |
#4 Arizona State University
- Scottsdale, AZ
- 4 years
- Online
What Sets It Apart:
Arizona State University offers an impressive selection of over 180 online undergraduate and 140 graduate degrees. ASU Online boasts over 100,000 graduates to date. Online students gain access to world-class faculty and extensive support services, making ASU a top choice for a comprehensive and cheapest online college education.
Cost per Semester: In State | $5,814 Out of State | $8,685
Why Students Choose ASU:
- History of Inclusivity: ASU’s charter emphasizes inclusivity and student success, welcoming a diverse student body.
- Student Government: Online students can actively participate in student government, representing their academic college.
- Large Student Network: Students connect with a global network of peers while studying remotely.
Know Before You Enroll:
- Western Undergraduate Exchange (WUE): Residents of WUE states may qualify for a reduced tuition rate at 150% of the resident rate for fall and spring terms.
- Scholarships: ASU provides various scholarships, including specialized scholarships for military personnel, veterans, foster youth, and American Indian students.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $10,978 | $13,248 |
| Average Graduate Tuition | $9,972 | $9,972 |
| Retention Rate | 74% | |
| Acceptance Rate | 64% | |
| Students Enrolled | 62,551 | |
| Institution Type | Public | |
| Percent Online Enrollment | 98% | |
| Accreditation | Yes |
#5 New Mexico State University-Main Campus
- Las Cruces, NM
- 4 years
- Online + Campus
What Sets It Apart:
New Mexico State University offers 18 online bachelor’s and 30 master’s degree programs. Unique bachelor’s options include communication disorders, gender and sexuality studies, and psychology. NMSU is committed to providing accessible and cheapest online college programs with strong student support.
Cost per Semester: In State | $5,931 Out of State | $5,931
Why Students Choose NMSU:
- Student Support: NMSU provides comprehensive support from faculty, advisors, and alumni from enrollment onwards.
- Education Excellence: NMSU is recognized for its innovative research and dedication to improving lives through education.
- Graduate Success: NMSU tracks and reports average graduate salaries at various career stages to aid students in making informed career decisions.
Know Before You Enroll:
- Military and Police Discounts: Active duty military and law enforcement personnel receive a reduced tuition rate of $250 per credit.
- Financial Aid: Payment plans and scholarships are available for both new and continuing students.
- On-Campus Requirements: Some online graduate programs may include on-campus coursework components.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $6,728 | $25,055 |
| Average Graduate Tuition | $5,184 | $18,023 |
| Retention Rate | 75% | |
| Acceptance Rate | 76% | |
| Students Enrolled | 14,779 | |
| Institution Type | Public | |
| Percent Online Enrollment | 70% | |
| Accreditation | Yes |
#6 Louisiana State University and Agricultural & Mechanical College
- Baton Rouge, LA
- 4 years
- Online + Campus
What Sets It Apart:
Louisiana State University offers 57 online bachelor’s and 41 master’s degrees across its campuses. Unique degree options include Africana studies, disaster science and emergency management, and financial analysis. LSU provides accessible and cheapest online college options with varied programs.
Cost per Semester: In State | $5,985 Out of State | $5,985
Why Students Choose LSU:
- Flexible Payment Options: Pay-as-you-go tuition allows students to manage their finances and studies concurrently.
- High Graduation Rates: LSU’s 71% graduation rate exceeds many other institutions, reflecting student success.
- Support: Comprehensive student support services, including technical resources, are available to online learners.
Know Before You Enroll:
- No Out-of-State Fees: Online students worldwide pay the same affordable tuition rate.
- Graduate Faster: Credit for prior learning can shorten degree completion time and reduce overall costs.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $8,038 | $24,731 |
| Average Graduate Tuition | $9,132 | $9,132 |
| Retention Rate | 84% | |
| Acceptance Rate | 74% | |
| Students Enrolled | 39,418 | |
| Institution Type | Public | |
| Percent Online Enrollment | 48% | |
| Accreditation | Yes |
#7 University of Minnesota-Twin Cities
- Minneapolis, MN
- 4 years
- Online + Campus
What Sets It Apart:
The University of Minnesota-Twin Cities offers 21 online bachelor’s and 26 master’s degrees. Bachelor’s programs include manufacturing management and international business. As a top research university, U of M provides quality and relatively cheapest online college programs.
Cost per Semester: In State | $7,574 Out of State | $18,148
Why Students Choose U of M:
- Reputation: U of M is a highly regarded U.S. research university, offering strong academic opportunities.
- Financial Aid: Scholarships and Workforce Innovation and Opportunity Act tuition assistance are available. Members of Minnesota’s Tribal Nations may receive free tuition.
- Admissions and Graduation: U of M has a good admission rate (77%) and a high graduation rate (85%).
Know Before You Enroll:
- Tuition Savings: Out-of-state students may qualify for in-state tuition rates for certain online programs.
- On-Campus Components: Some graduate programs may require specific on-campus courses.
- Midwest Tuition Discounts: Reciprocity agreements may offer lower tuition for students from other Midwestern states.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $14,496 | $34,410 |
| Average Graduate Tuition | $18,468 | $28,578 |
| Retention Rate | 91% | |
| Acceptance Rate | 77% | |
| Students Enrolled | 54,890 | |
| Institution Type | Public | |
| Percent Online Enrollment | 37% | |
| Accreditation | Yes |
#8 Utah State University
- Logan, UT
- 4 years
- Online + Campus
What Sets It Apart:
Utah State University has been providing online degrees since 1995. Offering 15 online bachelor’s and 20 graduate degrees, including programs in aerospace engineering, USU is an experienced provider of cheapest online college education.
Cost per Semester: In State | $3,366 Out of State | $5,730
Why Students Choose USU:
- Academic Support: Online tutoring is available for undergraduate and some graduate courses.
- Student Services: Online student clubs, organizations, and career coaching are offered.
- Admissions: USU has a high acceptance rate of 94%.
Know Before You Enroll:
- Scholarships and Grants: Various scholarships and grants are accessible, including opportunities for Native American and undocumented students.
- Plan Your Career: Virtual job fairs and internship opportunities are available to online students.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $7,387 | $23,305 |
| Average Graduate Tuition | $6,763 | $23,176 |
| Retention Rate | 74% | |
| Acceptance Rate | 94% | |
| Students Enrolled | 28,063 | |
| Institution Type | Public | |
| Percent Online Enrollment | 57% | |
| Accreditation | Yes |
#9 Northern Kentucky University
- Highland Heights, KY
- 4 years
- Online + Campus
What Sets It Apart:
Northern Kentucky University features 21 online bachelor’s and over 25 master’s degrees, including accelerated master’s programs. NKU provides diverse and relatively cheapest online college programs with flexible course formats.
Cost per Semester: In State | $7,275 Out of State | $7,275
Why Students Choose NKU:
- Flexible Course Structures: Choose between traditional 16-week or accelerated seven-week courses.
- Scholarships: Merit, athletic, and specialized scholarships are available, including the Path to Success Scholarship for first-time online students.
- Student Services: Technical support, library access, and financial aid support are available to online students.
Know Before You Enroll:
- Admissions and Retention: NKU has a high admission rate (96%) but a lower graduation rate (48%).
- Transfer Options: Most bachelor’s programs allow transfer of up to 90 credits.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $10,512 | $21,096 |
| Average Graduate Tuition | $9,900 | $15,210 |
| Retention Rate | 78% | |
| Acceptance Rate | 63% | |
| Students Enrolled | 14,964 | |
| Institution Type | Public | |
| Percent Online Enrollment | 74% | |
| Accreditation | Yes |
#10 Weber State University
- Ogden, UT
- 4 years
- Online + Campus
What Sets It Apart:
Weber State University offers over 15 online bachelor’s degrees and has recently added programs in elementary education and computer science. With low tuition and payment plans, WSU is a very cheapest online college option.
Cost per Semester: In State | $2,811 Out of State | $8,304
Why Students Choose WSU:
- Low In-State Tuition: Tuition is significantly lower than the national average.
- Monthly Payment Plans: Interest-free monthly payment options are available to manage tuition costs.
- Student Resources: WSU provides support for financial aid and technology requirements.
Know Before You Enroll:
- Admissions: WSU has open admissions, but bachelor’s programs have GPA and course prerequisites.
- Scholarships: WSU awards substantial financial aid and scholarships annually.
| In-state | Out-of-state | |
|---|---|---|
| Average Undergrad Tuition | $5,471 | $16,164 |
| Average Graduate Tuition | $8,089 | $17,923 |
| Retention Rate | 59% | |
| Acceptance Rate | 100% | |
| Students Enrolled | 30,536 | |
| Institution Type | Public | |
| Percent Online Enrollment | 44% | |
| Accreditation | Yes |
Affordability Spotlight
San Diego State University and the University of West Florida are also excellent, cost-effective options for online students, especially regarding financial aid.
San Diego State University
SDSU’s Overall Rank: #6
-
1 for scholarship/grant aid rate (89%)
-
2 for overall graduation rate (78%)
Source: NCES
SDSU, a large public university in California, enrolls over 37,000 students. It leads in scholarship and grant aid, with 89% of students receiving assistance. SDSU offers over 700 scholarships, like the Aztek Scholarship, to help students pay for school.
While SDSU’s average net price for in-state undergraduates ($19,500) is above the national public university average, only 23% of students take federal loans. California residents may benefit from the California Dream Act or nonresident tuition exemptions.
Explore SDSU’s Online Programs
The University of West Florida
UWF’s Overall Rank: #9
-
1 for average net price ($8,908)
-
2 (tie) for number of online bachelor’s programs (38)
Source: NCES
The University of West Florida (UWF), a mid-sized public university in Pensacola, is ranked as the most budget-friendly online college. UWF’s average net price for in-state undergraduates ($8,908) is approximately half the national average.
UWF offers tuition waivers and aid, including for non-Florida and international students. Tuition waivers can cover a significant portion of tuition, and students may qualify for up to 90% cost coverage.
Methodology
At Affordable Colleges Online, we use a proprietary ranking system and data from sources like the U.S. Department of Education to assist you in finding the ideal school. Affordability is our primary metric, comprising 60% of our ranking formula. We also consider academic quality, program breadth, online enrollment figures, and graduation rates.
This list reflects data for 2025 rankings. For detailed information, refer to our school ranking methodology.
Affording Your College Education
Explore our resources for tips, strategies, and guides on managing and financing your college education.
[
College Cost Calculators
](/financial-aid/college-calculators/)
[
How to Finance Your College Education
](/financial-aid/college-calculators/)
[
How to Make a Budget for College
](/college-resource-center/student-guide-to-budgeting/)
[
Cheap College Hacks
](/money-saving-hacks-for-college-students/)
[
When to Apply for a Scholarship
](/financial-aid/scholarships/when-to-apply-college-scholarships/)
[
Low Income Student Guide
](/college-resource-center/low-income-student-guide/)
Frequently Asked Questions About the Cheapest Online Colleges
How do I choose the best affordable online college for me?
Selecting the best cheapest online college involves thorough research and self-assessment. Begin by gathering details about colleges, their accreditation, and program offerings.
Reflect on your academic goals, preferred learning style, and any crucial factors for your decision. Evaluate the advantages and disadvantages of each college and program, considering cost, flexibility, and support services.
How much does an online college degree cost?
In 2022-2023, public four-year universities averaged $9,800, a decrease from the prior decade, according to NCES. Private nonprofit universities averaged $40,700, an increase from 2012-2013. Online students might save on some fees but may incur technology and textbook costs.
How can I make my online degree more affordable?
Several strategies can reduce the cost of an online degree. Apply for financial aid, including federal loans and grants. Choosing an in-state public school can lower tuition compared to private or out-of-state institutions.
Some online colleges offer reduced tuition for online programs. Part-time or accelerated programs can also lower immediate expenses. Completing general education courses at a community college and transferring credits can significantly reduce the overall cost of a four-year degree.
Is it cheaper to attend college online?
Online college can be more affordable than traditional college, depending on various factors. Some colleges offer lower tuition for online courses. Out-of-state online programs might also be cheaper than attending the same college in person.
Always compare tuition rates for online programs with their on-campus equivalents to determine cost savings.
Is it worth it to go to online college?
Online college is a worthwhile option for those seeking a degree and are comfortable with a non-traditional campus experience. Online courses are academically challenging and provide valuable flexibility for working individuals, parents, and caregivers. For many, obtaining a degree from a cheapest online college is an excellent pathway to career advancement and personal growth.
