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Cheap online master’s degrees are not hard to find, but many do not provide a comprehensive education. For our list of the cheapest online colleges for masters degrees we took into consideration quality, accreditation, reputation, as well as cost. Western Governors University is an affordable option for students seeking an online master’s degree. Students can choose from more than 25 online degrees, and there are multiple options for financial aid assistance. Western Governors University provides high-quality online education to students from all over the country. Sullivan University is a private academic institution that maintains on-campus locations throughout the state of Kentucky. Sullivan University offers unique opportunities for students to earn a master’s degree program by completing online coursework. Sullivan University is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. Capella University is a for-profit university that exclusively offers online degree programs. Fort Hays State University is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
Baker College Online offers convenient master’s degree options that allow students to complete all of their coursework online.
Kaplan University predominantly offers degrees through online learning, but campus-based programs are available. Colorado State University-Global Campus is an online university that is affiliated with Colorado State University. Colorado State University-Global Campus offers all of its degree programs in an online format. Colorado State University-Global Campus is regionally accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools. Liberty University Online is a non-profit, private institution of higher learning with a Christian-based foundation.
Liberty University Online offers over 25 master’s degree programs, including courses in accounting, business administration, human services, education and nursing.
Liberty University Online is accredited by the Southern Association of Colleges and Schools with a level VI rating (for schools that have over four doctoral programs).
Saint Leo University Online is a Catholic-based, non-profit school established in Saint Leo, Florida. An affordable master’s degree program is a good thing, but not if it is of poor quality or lacks accreditation and respect in the marketplace. While these may not be the cheapest master’s program online, we do think they are among the most affordable in the long run when you take into account the quality of the education you will receive and the respect your degree will bring among employers.
These online degree programs are available at an affordable price because the school qualifies for Title IV federal student aid.


This institution obtained accreditation through the Northwest Commission on Colleges and Universities (NCCU). The online division of the university has offices in Louisville, Kentucky that allow students to enroll in courses and pay tuition in person if desired. Degree programs that can be completed online include business administration, conflict management, public safety and education management. The academic institution was founded to serve adult learners who were unable to pursue a traditional degree program.
Major areas at the academic institution include business administration, information technology, psychology, education, nursing and public service.
Academic quality of the university is also regulated by the North Central Association of Colleges and Schools.
Founded in 1902, the university is currently the fastest growing institution governed by the Kansas Board of Regents.
Areas of study include business administration, counseling and psychology, education, nursing, and more. Degrees offered by the college include business administration, information sciences, organizational psychology and occupational therapy. The MBA program is also accredited by the International Assembly for Collegiate Business Education, and the occupational therapy program is accredited by the Accreditation Council for Occupational Therapy Education. Some of the programs include business administration, education, counseling, psychology, criminal justice, information technology, and more. Control of the university falls under Kaplan, Inc., a corporation that offers test preparation materials, training programs, and services related to higher education. Master’s programs are available in business administration, education, public health, psychology, nursing, and more. There are currently over 7,000 students enrolled in a degree program with the public academic institution. The master’s degree programs that are available through the university include management, organizational leadership, teaching, criminal justice, finance and healthcare administration. It also holds accreditation from the American Bar Association, National Council for Accreditation of Teacher Education, Aviation Accreditation Board International and the Accreditation Board for Engineering and Technology, among several others. It is also accredited by the International Assembly for Collegiate Business Education and the Commission on Sport Management Accreditation.
All of the schools on the list are regionally accredited and offer a broad array of masters degree programs to choose from. These online degree programs reward students who demonstrate their abilities instead of using the traditional system of credits. Some of the most popular online degrees include information technology, business, teaching and health care.
Capella has received the Council for Higher Education Accreditation Award for Outstanding Institutional Practice in Student Learning Outcomes. The school is dedicated to keeping tuition prices reasonable to make education affordable for anyone who would like to pursue an online master’s degree.


The counseling, school psychology, and family nurse practitioner track programs require time on campus or the completion of a supervised clinical. Baker College Online has one of the most affordable online Master of Business Administration (MBA) programs in the United States. The affordable online master’s degree programs are available with a tuition cost of $390 per credit hour.
The school would eventually offer the first completely online master’s in education program. Tuition and fees are assessed for each individual program, so potential students should examine the costs associated with the individual program of interest.
While many degrees can be completed online, some programs do require onsite or local experience.
The online university was founded in 2007 to reach out to adult learners in the state of Colorado. Tuition is set at an affordable rate of $500 per credit hour for graduate students, and students who are enrolled in a program will not be affected by any increases in tuition. Liberty University Online specializes in catering to non-traditional students, military families and working adults.
It is also the oldest Catholic university in the state of Florida and enrolls over 15,000 students from all over the world.
Most of the master’s programs require 36 credits, and graduate certificates are generally 15 to 18 credits. This opens up the possibility of earning a college degree for adults and others looking to reduce expenses by earning their college degree while maintaining current employment status. The affordability of the accredited master’s degree programs available through Sullivan University make the school an ideal choice for working professionals who would like to avoid student debt.
Employees who are offered tuition reimbursement benefits by an employer can typically claim courses taken through Baker College Online.
Based in Minnesota, the university is part of a network of onsite and online universities connected by Laureate Education, Inc. Tuition varies for each program, but typical costs are $368, $385, $420, or $441 per quarter credit hour.
Colorado State University-Global Campus is ranked as one of the top 100 colleges for online business degrees at the graduate level.
Tuition for master’s-level courses starts at $465 and goes up to $505 per credit hour with additional fees for distance learning classes. Some students may be eligible for grants, military aid, scholarships or corporate sponsorships.
The exact cost of a master’s degree program at Capella University depends on the major and how many credits a student completes per term.



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