What Is The Cheapest Online University For U.S. Students?

Earning a degree online is increasingly popular, but the cost can be a significant barrier. What Is The Cheapest Online University? gmonline.net helps you find affordable options for pursuing higher education online. Explore our list of top choices and discover how to achieve your academic goals without breaking the bank. We’ll guide you through accessible education and budget-friendly programs, ensuring your path to a degree is both enriching and economical.

1. Top 10 Most Affordable Online Colleges in the U.S.

Here are ten of the most affordable online colleges in the U.S., offering quality education at a fraction of the cost of traditional on-campus programs. These institutions provide accessible and flexible learning options for students seeking to advance their education without accumulating excessive debt.

1.1. University of Florida

Location: Gainesville, FL
Type: 4 years (Online + Campus)

The University of Florida (UF) is renowned for its exceptional value in online education, offering 26 fully online bachelor’s degrees. Students benefit from the same rigorous curriculum and esteemed faculty as their on-campus peers, all while enjoying a 40% reduction in tuition costs.

University of Florida Campus

Cost per Semester:
- In-State: $1,935
- Out-of-State: $8,295
Why Students Choose UF:
- Flexible Courses: Asynchronous options allow students to complete coursework at their own pace.
- Strong Online Community: A robust online social and support community facilitates networking with peers worldwide.
- Personalized Support: Dedicated academic advisors help students stay on track with their education and career goals.
Things to Know:
- Grandparent Waiver: Out-of-state students with a grandparent residing in Florida may be eligible for a tuition and fee reduction.
- Payment Plans: Qualified students can pay tuition and additional charges in four installments.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $4,477
  - Out-of-State: $25,694
- Average Graduate Tuition:
  - In-State: $10,770
  - Out-of-State: $27,335
- Retention Rate: 97%
- Acceptance Rate: 24%
- Students Enrolled: 54,814
- Institution Type: Public
- Online Enrollment: 57%
- Accreditation: Southern Association of Colleges and Schools Commission on Colleges

1.2. Florida International University

Location: Miami, FL
Type: 4 years (Online + Campus)

Florida International University (FIU) stands out with its extensive online program offerings, including 40 fully online bachelor’s degrees and 32 master’s programs. Students can engage in a vibrant community with access to over 300 associations, professional societies, and interest groups.

Florida International University Campus

Cost per Semester:
- In-State: $3,283
- Out-of-State: $9,482
Why Students Choose FIU:
- Upward Mobility: FIU is committed to fostering upward mobility, particularly for Hispanic and minority students.
- Flexible Courses: Asynchronous course options allow students to learn at their own pace.
- Online Community: FIU provides a supportive online community hub for networking with peers globally.
Things to Know:
- Scholarships: Merit scholarships are available without a separate application.
- Low In-State Tuition: In-state students benefit from a low tuition rate of $153 per credit.
- Payment Plans: Multiple payment plans are available to help students manage college costs.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $6,168
  - Out-of-State: $18,566
- Average Graduate Tuition:
  - In-State: $911
  - Out-of-State: $2,003
- Retention Rate: 92%
- Acceptance Rate: 59%
- Students Enrolled: 54,085
- Institution Type: Public
- Online Enrollment: 67%
- Accreditation: Southern Association of Colleges and Schools Commission on Colleges

1.3. University of Arizona

Location: Tucson, AZ
Type: 4 years (Online + Campus)

The University of Arizona offers a comprehensive selection of online programs, with over 50 degree programs available entirely online, including 29 bachelor’s degrees in fields like nursing, health and human services, and project management.

University of Arizona Campus

Cost per Semester:
- In-State: $6,500
- Out-of-State: $6,500
Why Students Choose U of A:
- Flexible Payments: Students can pay per credit, allowing them to learn at their own pace and budget.
- Support for Military: Active duty military and veterans may qualify for tuition assistance of up to $250 per credit.
- Resources: U of A provides a comprehensive online resource hub with workshops, financial aid information, and disability resources.
Things to Know:
- Financial Aid: A 2022 survey revealed that 62% of Arizona Online students utilize financial aid.
- Tuition Savings: Both in-state and out-of-state students pay the same tuition and fees.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $11,210
  - Out-of-State: $35,628
- Average Graduate Tuition:
  - In-State: $12,348
  - Out-of-State: $32,290
- Retention Rate: 88%
- Acceptance Rate: 86%
- Students Enrolled: 53,187
- Institution Type: Public
- Online Enrollment: 60%
- Accreditation: Western Association of Schools and Colleges Senior Colleges and University Commission

1.4. Arizona State University

Location: Scottsdale, AZ
Type: 4 years (Online)

Arizona State University (ASU) offers an extensive range of online programs, with over 180 undergraduate and 140 graduate degrees available fully online. ASU Online has a history of inclusivity and a large student network, enabling students to connect with peers globally.

Arizona State University Campus at Twilight

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.
- Student Government: Online students can participate in student government through their academic college.
- Large Student Network: Opportunities to connect with peers worldwide while studying from home.
Things to Know:
- Western Undergraduate Exchange: Residents of WUE states can enroll in the ASU WUE program at 150% of the resident tuition rate.
- Scholarships: Specialized scholarships are available for military personnel, veterans, foster youth, and American Indian students.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $10,978
  - Out-of-State: $13,248
- Average Graduate Tuition:
  - In-State: $9,972
  - Out-of-State: $9,972
- Retention Rate: 74%
- Acceptance Rate: 64%
- Students Enrolled: 62,551
- Institution Type: Public
- Online Enrollment: 98%
- Accreditation: Higher Learning Commission

1.5. New Mexico State University – Main Campus

Location: Las Cruces, NM
Type: 4 years (Online + Campus)

New Mexico State University (NMSU) offers 18 bachelor’s and 30 master’s degree programs that are fully online. Unique bachelor’s degrees include communication disorders, gender and sexuality studies, and psychology.

New Mexico State University Campus Landmark

Cost per Semester:
- In-State: $5,931
- Out-of-State: $5,931
Why Students Choose NMSU:
- Student Support: From enrollment to graduation, students receive support from faculty, advisors, and alumni.
- Education Excellence: NMSU is known for its innovative research and commitment to improving lives.
- Graduate Success: NMSU provides data on average graduate salaries to help students choose a profitable career path.
Things to Know:
- Military and Police Discounts: Active duty military and law enforcement personnel pay just $250 per credit.
- Financial Aid: NMSU offers payment plans and scholarships for new and continuing students.
- On-Campus Requirements: Some online graduate degrees require on-campus coursework.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $6,728
  - Out-of-State: $25,055
- Average Graduate Tuition:
  - In-State: $5,184
  - Out-of-State: $18,023
- Retention Rate: 75%
- Acceptance Rate: 76%
- Students Enrolled: 14,779
- Institution Type: Public
- Online Enrollment: 70%
- Accreditation: Higher Learning Commission

1.6. Louisiana State University and Agricultural & Mechanical College

Location: Baton Rouge, LA
Type: 4 years (Online + Campus)

Louisiana State University (LSU) offers access to 57 online bachelor’s and 41 master’s degree programs through various campuses. Unique degrees include Africana studies, disaster science, and financial analysis.

Louisiana State University Landmark

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 balance work and study.
- High Graduation Rates: LSU’s graduation rate of 71% is higher than many other institutions.
- Support: Access to multiple student support services, including help desk and technical resources.
Things to Know:
- No Out-of-State Fees: Online students pay the same tuition regardless of location.
- Graduate Faster: LSU offers credit for prior learning to save time and money.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $8,038
  - Out-of-State: $24,731
- Average Graduate Tuition:
  - In-State: $9,132
  - Out-of-State: $9,132
- Retention Rate: 84%
- Acceptance Rate: 74%
- Students Enrolled: 39,418
- Institution Type: Public
- Online Enrollment: 48%
- Accreditation: Southern Association of Colleges and Schools Commission on Colleges

1.7. University of Minnesota – Twin Cities

Location: Minneapolis, MN
Type: 4 years (Online + Campus)

The University of Minnesota-Twin Cities offers 21 online bachelor’s and 26 online master’s degrees. Bachelor’s degree offerings include manufacturing management and international business.

University of Minnesota Campus Scene

Cost per Semester:
- In-State: $7,574
- Out-of-State: $18,148
Why Students Choose U of M:
- Reputation: U of M is a top 10 U.S. research university with strong academic opportunities.
- Financial Aid: Access to scholarships and Workforce Innovation and Opportunity Act tuition assistance. Minnesota Tribal Nations members may receive free tuition.
- Admissions and Graduation: A 77% admission rate and an 85% graduation rate.
Things to Know:
- Tuition Savings: Out-of-state students pay in-state tuition rates for many programs.
- On-Campus Components: Some graduate degrees require specific on-campus courses.
- Midwest Tuition Discounts: Some programs offer lower tuition for students from other Midwestern states through reciprocity agreements.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $14,496
  - Out-of-State: $34,410
- Average Graduate Tuition:
  - In-State: $18,468
  - Out-of-State: $28,578
- Retention Rate: 91%
- Acceptance Rate: 77%
- Students Enrolled: 54,890
- Institution Type: Public
- Online Enrollment: 37%
- Accreditation: Higher Learning Commission

1.8. Utah State University

Location: Logan, UT
Type: 4 years (Online + Campus)

Utah State University (USU) has offered online degrees since 1995. It offers 15 fully online bachelor’s degree programs and five bachelor’s completion programs, along with 20 online graduate degrees.

Utah State University Entrance Sign

Cost per Semester:
- In-State: $3,366
- Out-of-State: $5,730
Why Students Choose USU:
- Academic Support: Online tutoring is available in undergraduate courses, writing, engineering, and some graduate-level subjects.
- Student Services: Networking through online student clubs and organizations and career coaching.
- Admissions: USU has a high acceptance rate of 94%.
Things to Know:
- Scholarships and Grants: Access to private, community, corporate, and university scholarships, including opportunities for Native American and undocumented students.
- Plan Your Career: Virtual job and career fairs and internship opportunities.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $7,387
  - Out-of-State: $23,305
- Average Graduate Tuition:
  - In-State: $6,763
  - Out-of-State: $23,176
- Retention Rate: 74%
- Acceptance Rate: 94%
- Students Enrolled: 28,063
- Institution Type: Public
- Online Enrollment: 57%
- Accreditation: Northwest Commission on Colleges and Universities

1.9. Northern Kentucky University

Location: Highland Heights, KY
Type: 4 years (Online + Campus)

Northern Kentucky University (NKU) offers 21 online bachelor’s degrees, including business administration, sociology, and criminal justice. Over 25 master’s degrees are available, with many programs completed in a year or less.

Northern Kentucky University's Campus

Cost per Semester:
- In-State: $7,275
- Out-of-State: $7,275
Why Students Choose NKU:
- Flexible Course Structures: Traditional 16-week or accelerated seven-week courses.
- Scholarships: Merit and athletic scholarships, as well as scholarships for Native Americans and veterans. The Path to Success Scholarship reduces tuition for first-time online students.
- Student Services: Technical support, library access, and financial aid support for online students.
Things to Know:
- Admissions and Retention: A high admission rate of 96% but a 48% graduation rate.
- Transfer Options: Most bachelor’s degree programs allow transferring up to 90 credits.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $10,512
  - Out-of-State: $21,096
- Average Graduate Tuition:
  - In-State: $9,900
  - Out-of-State: $15,210
- Retention Rate: 78%
- Acceptance Rate: 63%
- Students Enrolled: 14,964
- Institution Type: Public
- Online Enrollment: 74%
- Accreditation: Southern Association of Colleges and Schools Commission on Colleges

1.10. Weber State University

Location: Ogden, UT
Type: 4 years (Online + Campus)

Weber State University offers more than 15 online bachelor’s degrees and recently added degrees in elementary education, public relations, and computer science. Six associate and seven master’s degrees are also available online.

Weber State University Building

Cost per Semester:
- In-State: $2,811
- Out-of-State: $8,304
Why Students Choose WSU:
- Low In-State Tuition: Tuition is approximately 70% less than the national average.
- Monthly Payment Plans: Interest-free monthly payments to spread out tuition costs.
- Student Resources: Support is provided to help with financial aid and technology requirements.
Things to Know:
- Admissions: Open admissions policy, but GPA and course requirements must be met for bachelor’s programs.
- Scholarships: Over $90 million in scholarships and financial aid are awarded annually.
Key Stats:
- Average Undergrad Tuition:
  - In-State: $5,471
  - Out-of-State: $16,164
- Average Graduate Tuition:
  - In-State: $8,089
  - Out-of-State: $17,923
- Retention Rate: 59%
- Acceptance Rate: 100%
- Students Enrolled: 30,536
- Institution Type: Public
- Online Enrollment: 44%
- Accreditation: Northwest Commission on Colleges and Universities

2. San Diego State University (SDSU)

SDSU stands out for its high scholarship and grant aid rate, making it an attractive option for students seeking financial assistance.

Overall Rank: #6
- #1 for scholarship/grant aid rate (89%)
- #2 for overall graduation rate (78%)
- Source: NCES

SDSU is a large public university with over 37,000 students. It offers over 700 scholarships, such as the Aztek Scholarship. The average net price for in-state undergraduates is $19,500, higher than the national average, but only 23% of students take out federal loans.

3. University of West Florida (UWF)

UWF is noted for its affordability and the number of online bachelor’s programs it offers.

Overall Rank: #9
- #1 for average net price ($8,908)
- #2 (tie) for the number of online bachelor’s programs (38)
- Source: NCES

UWF is a mid-sized public university and offers tuition waivers and aid, including for non-Florida residents and international students. Students can qualify for coverage of up to 90% of their costs.

4. Factors to Consider When Choosing an Affordable Online University

Choosing the right affordable online university involves considering several factors to ensure the program meets your academic, professional, and financial needs.

4.1. Accreditation

Accreditation is a critical factor when selecting an online university. It ensures that the institution meets specific quality standards set by recognized accrediting agencies. Accreditation affects the transferability of credits, eligibility for financial aid, and the credibility of your degree with employers.

Regional Accreditation: Generally considered more prestigious, it focuses on the quality of the entire institution. Credits from regionally accredited schools are more widely accepted.
National Accreditation: Often focuses on vocational, career, or technical programs. Credits may not transfer as easily to regionally accredited institutions.

Always verify the accreditation status of a college or university through the U.S. Department of Education or the Council for Higher Education Accreditation (CHEA).

4.2. Tuition Costs and Fees

Tuition costs vary significantly among online universities. Compare the tuition rates of different schools, but also consider additional fees, such as technology fees, course materials, and exam proctoring fees.

In-State vs. Out-of-State Tuition: Public universities often offer lower tuition rates to in-state residents. Check if you qualify for in-state tuition or if the university offers the same tuition rate for all online students, regardless of their location.
Per-Credit vs. Flat Rate: Some universities charge tuition per credit hour, while others offer a flat rate for a certain number of credits per semester. Determine which payment structure is more cost-effective for your academic plan.

4.3. Financial Aid and Scholarships

Explore all available financial aid options, including federal, state, and institutional aid.

FAFSA: Complete the Free Application for Federal Student Aid (FAFSA) to determine your eligibility for federal grants, loans, and work-study programs.
Scholarships: Search for scholarships offered by the university, private organizations, and foundations. Some scholarships are specific to online students, fields of study, or demographic groups.
Grants: Look into grant opportunities, which, unlike loans, do not need to be repaid. Federal Pell Grants are available to undergraduate students with exceptional financial needs.

4.4. Program Offerings and Flexibility

Ensure the university offers the specific program you’re interested in and that it aligns with your career goals.

Program Availability: Verify that your desired major is available fully online and that all required courses are offered regularly.
Asynchronous vs. Synchronous Courses: Asynchronous courses allow you to complete coursework on your own schedule, while synchronous courses require you to attend live online sessions at specific times. Choose a format that fits your lifestyle and learning preferences.
Accelerated Programs: Consider accelerated programs if you want to complete your degree faster. These programs often have shorter semesters and allow you to take more courses at once.

4.5. Student Support Services

Online students should have access to comprehensive support services to help them succeed academically and professionally.

Academic Advising: Access to academic advisors who can help you choose courses, plan your degree path, and navigate university policies.
Tutoring Services: Online tutoring services can provide assistance with course material and improve your understanding of challenging subjects.
Career Services: Career services, such as resume and cover letter writing assistance, job search resources, and career counseling, can help you prepare for your career after graduation.
Technical Support: Reliable technical support is essential for online students. Ensure the university provides 24/7 technical assistance to resolve any issues with the learning management system or other online tools.

4.6. Graduation and Retention Rates

Graduation and retention rates are indicators of student success and satisfaction.

Graduation Rate: The percentage of students who complete their degree within a certain timeframe (e.g., four or six years). A higher graduation rate suggests that the university provides adequate support for students to complete their studies.
Retention Rate: The percentage of students who return for their second year of study. A higher retention rate indicates that students are satisfied with their educational experience and find the university supportive.

4.7. Career Opportunities

The reputation and connections of a university can significantly impact your career prospects after graduation.

Internship Programs: Access to internship opportunities can provide valuable work experience and networking opportunities.
Job Placement Services: Job placement services can help you find employment after graduation by connecting you with potential employers.
Alumni Network: A strong alumni network can provide networking opportunities and career advice.

5. How to Make Your Online Degree More Affordable

Making your online degree more affordable involves strategic planning and resourcefulness. Here are several effective strategies to help you minimize costs and maximize the value of your education.

5.1. Apply for Financial Aid

The first step in making your online degree more affordable is to apply for financial aid.

FAFSA (Free Application for Federal Student Aid): Completing the FAFSA is essential for determining your eligibility for federal grants, loans, and work-study programs. The FAFSA uses your and your family’s financial information to assess how much you can contribute to your education.
Federal Grants: Grants, such as the Pell Grant, are need-based and do not need to be repaid. They are an excellent source of free money to help cover tuition and other educational expenses.
Federal Loans: Federal student loans, such as Direct Subsidized and Unsubsidized Loans, offer lower interest rates and more flexible repayment options than private loans. Subsidized loans do not accrue interest while you’re in school, making them a better option if you qualify.

5.2. Seek Scholarships and Grants

Scholarships and grants are another form of free money that can significantly reduce the cost of your online degree.

University Scholarships: Many universities offer scholarships specifically for online students. Check the financial aid section of the university’s website for a list of available scholarships and their eligibility requirements.
Private Scholarships: Numerous private organizations, foundations, and companies offer scholarships to students pursuing higher education. Websites like Fastweb, Scholarships.com, and Niche can help you find relevant scholarship opportunities.
Specific Scholarships: Look for scholarships tailored to your field of study, demographic background, or academic achievements. For example, there are scholarships for women in STEM, minorities, and students with disabilities.

5.3. Choose an In-State Public University

Public universities generally offer lower tuition rates to in-state residents. Enrolling in an online program at a public university in your state can save you thousands of dollars compared to attending a private or out-of-state institution.

Residency Requirements: Check the residency requirements for in-state tuition. You may need to live in the state for a certain period before qualifying.
Online Tuition Rates: Some public universities offer the same tuition rate for all online students, regardless of their residency. If this is the case, consider universities in states with lower overall tuition costs.

5.4. Take Advantage of Tuition Reimbursement Programs

If you’re currently employed, explore whether your employer offers tuition reimbursement programs. Many companies provide financial assistance to employees who pursue further education to enhance their skills and knowledge.

Eligibility Requirements: Understand the eligibility requirements for tuition reimbursement, such as the type of degree program, minimum GPA, and continued employment with the company.
Reimbursement Limits: Be aware of the annual reimbursement limit and whether the reimbursement is taxable.
Company Partnerships: Some companies have partnerships with specific universities, offering employees discounted tuition rates or other benefits.

5.5. Utilize Open Educational Resources (OER)

Open Educational Resources (OER) are freely available educational materials that can replace expensive textbooks and course materials.

OER Repositories: Explore OER repositories like OpenStax, MERLOT, and OER Commons to find textbooks, videos, and other resources for your courses.
University Libraries: Check if your university library offers access to OER materials or has a program to promote the use of OER in online courses.
Faculty Support: Ask your professors if they use OER materials in their courses or if they can recommend alternative resources to reduce textbook costs.

5.6. Consider Community College First

Attending a community college for your first one or two years can significantly reduce the overall cost of your bachelor’s degree.

Lower Tuition Rates: Community colleges typically have much lower tuition rates than four-year universities.
Transfer Agreements: Research transfer agreements between your local community college and four-year universities. These agreements guarantee that your credits will transfer, allowing you to complete your bachelor’s degree without losing time or money.
Dual Enrollment Programs: If you’re a high school student, consider dual enrollment programs that allow you to earn college credits while still in high school. These credits can transfer to a four-year university, reducing the number of courses you need to take and lowering your overall tuition costs.

5.7. Enroll Part-Time or Take Accelerated Courses

Adjusting your course load can also help make your online degree more affordable.

Part-Time Enrollment: Enrolling part-time allows you to spread out your tuition payments over a longer period, making them more manageable. It also gives you more flexibility to work and earn income while studying.
Accelerated Courses: Some universities offer accelerated courses that allow you to complete a semester’s worth of material in a shorter period, such as eight weeks instead of fifteen. While these courses require more intensive study, they can help you graduate faster and reduce your overall tuition costs.

5.8. Take CLEP or DSST Exams

CLEP (College-Level Examination Program) and DSST (DANTES Subject Standardized Tests) exams allow you to earn college credit by demonstrating your knowledge of a subject.

Cost Savings: These exams are much cheaper than taking a college course. If you pass, you can earn college credit and reduce the number of courses you need to take.
Study Resources: Utilize study guides, practice tests, and online resources to prepare for CLEP and DSST exams.
University Policies: Check your university’s policies on accepting CLEP and DSST credits.

5.9. Budget Wisely and Save Money

Effective budgeting and money-saving habits can help you manage your finances while pursuing your online degree.

Create a Budget: Develop a detailed budget that includes all your income and expenses. Track your spending and identify areas where you can cut back.
Avoid Unnecessary Expenses: Minimize discretionary spending on items like eating out, entertainment, and shopping. Look for free or low-cost activities to enjoy in your free time.
Save on Textbooks: In addition to OER, consider buying used textbooks, renting textbooks, or borrowing them from the library.
Utilize Student Discounts: Take advantage of student discounts on software, technology, and other products and services.

5.10. Explore Tuition Payment Plans

Many universities offer tuition payment plans that allow you to pay your tuition in installments rather than one lump sum.

Payment Schedule: Understand the payment schedule and any associated fees.
Interest-Free Options: Look for payment plans that do not charge interest, as these can help you avoid accumulating debt.
Automatic Payments: Set up automatic payments to ensure you never miss a payment and incur late fees.

6. Is It Worth It To Go to Online College?

Deciding whether to pursue an online college education is a significant decision that depends on individual circumstances, goals, and preferences. However, for many students, the benefits of online college make it a worthwhile investment.

6.1. Flexibility and Convenience

One of the primary advantages of online college is its flexibility and convenience. Online programs allow you to study at your own pace and on your own schedule, making it easier to balance your education with