2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid
It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking - to help you make that decision.
Finance is one of the most popular majors in the nation, ranking 10th of all the majors we analyze. In 2019-2020, 52,394 degrees were awarded to students with this major.
Across Michigan, there were 1,674 finance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 1,558 finance graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking analyzed 24 colleges that offered a degree in finance. Not only do the schools that top this list have excellent finance programs, but they also cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the finance program at the school. See our ranking methodology to learn more.
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The finance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid”.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid.
Top 24 Best Value Bachelor’s Degree Colleges for Finance in Michigan (With Aid)
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #1 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 376 students in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #1 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan State is $19,173 for michigan bachelor’s degree finance students with aid.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #2 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. This medium-sized school is located in Dearborn, Michigan, and it awarded 74 bachelors’s finance degrees in 2019-2020.
UM Dearborn also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #9. It costs about $11,473 for michigan bachelor’s degree finance students with aid per year to attend University of Michigan - Dearborn.
The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Out of the 24 schools in the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, Oakland University landed the #3 spot on the list. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 99 bachelors’s finance degrees to qualified students.
Oakland also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #5. The estimated yearly cost for Oakland University is $11,802 for michigan bachelor’s degree finance students with aid.
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #4 on our 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Located in Allendale, Michigan, this large public school handed out 271 diplomas to qualified bachelors’s finance students in 2019-2020.
GVSU also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #2. It costs about $17,646 for michigan bachelor’s degree finance students with aid per year to attend Grand Valley State University.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #5 for the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 10 bachelors’s finance degrees in 2019-2020.
Ferris also took the #15 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,889 for michigan bachelor’s degree finance students with aid per year to attend Ferris.
Central Michigan University came in at #6 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Central Michigan University is a fairly large school located in Mount Pleasant, Michigan that handed out 90 bachelors’s finance degrees in 2019-2020.
Central Michigan also took the #7 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Central Michigan University is $15,981 for michigan bachelor’s degree finance students with aid.
With a ranking of #7, Michigan Technological University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Michigan Tech is a medium-sized public school situated in Houghton, Michigan. It awarded 19 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Michigan Tech, the school also landed the #4 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan Tech is $16,463 for michigan bachelor’s degree finance students with aid.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.
University of Michigan - Flint landed the #8 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Located in Flint, Michigan, this medium-sized public school awarded 33 degrees to qualified bachelors’s finance students in 2019-2020.
UM Flint also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #19. It costs about $12,734 for michigan bachelor’s degree finance students with aid per year to attend UM Flint.
With a ranking of #9, Wayne State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Located in Detroit, Michigan, this large public school awarded 140 degrees to qualified bachelors’s finance students in 2019-2020.
Wayne State also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #13. The estimated yearly cost for Wayne State is $13,965 for Michigan Bachelor’s Degree Finance students with aid.
Western Michigan University came in at #10 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This fairly large school is located in Kalamazoo, Michigan, and it awarded 127 bachelors’s finance degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students with aid list, WMU has also earned the #6 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,433 for michigan bachelor’s degree finance students with aid per year to attend WMU.
Saginaw Valley State University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #11. Saginaw Valley State University is a medium-sized school located in University Center, Michigan that handed out 46 bachelors’s finance degrees in 2019-2020.
Saginaw Valley State University also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #17. The yearly cost to attend Saginaw Valley State University is $14,248 for michigan bachelor’s degree finance students with aid.
With a ranking of #12, Lake Superior State University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Located in Sault Ste Marie, Michigan, this small public school awarded 10 diplomas to qualified bachelors’s finance students in 2019-2020.
As a testament to the quality of education offered at Lake Superior State University, the school also landed the #21 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Lake Superior State University is $12,398 for Michigan Bachelor’s Degree Finance students with aid.
Eastern Michigan University landed the #13 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This fairly large school is located in Ypsilanti, Michigan, and it awarded 54 bachelors’s finance degrees in 2019-2020.
Eastern Michigan not only placed well in this ranking. It is also #20 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $15,924 for Michigan Bachelor’s Degree Finance students with aid per year to attend Eastern Michigan University.
Baker College came in at #14 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Baker College is located in Owosso, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 14 bachelors’s finance degrees to qualified students.
As a testament to the quality of education offered at Baker College, the school also landed the #25 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Baker College is $15,049 for michigan bachelor’s degree finance students with aid.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Albion College ranked #15 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Located in Albion, Michigan, this small private not-for-profit school handed out 19 diplomas to qualified bachelors’s finance students in 2019-2020.
Albion did well in our major quality rankings, too. It placed #11 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. It costs about $16,653 for Michigan Bachelor’s Degree Finance students with aid per year to attend Albion.
Northwood University came in at #16 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Northwood is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 58 bachelors’s finance degrees to qualified students.
As a testament to the quality of education offered at Northwood, the school also landed the #8 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $21,618 for michigan bachelor’s degree finance students with aid per year to attend Northwood.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Davenport University ranked #17 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Grand Rapids, Michigan is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 30 students in 2019-2020.
Davenport University not only placed well in this ranking. It is also #24 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Davenport University is $16,098 for Michigan Bachelor’s Degree Finance students with aid.
Calvin University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #18. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 4 degrees to qualified bachelors’s finance students in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #3 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Calvin University is $26,647 for Michigan Bachelor’s Degree Finance students with aid.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Spring Arbor University landed the #19 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Spring Arbor University is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.
Spring Arbor did well in our major quality rankings, too. It placed #18 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Spring Arbor University is $19,183 for michigan bachelor’s degree finance students with aid.
Alma College ranked #20 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Located in Alma, Michigan, this small private not-for-profit school handed out 9 diplomas to qualified bachelors’s finance students in 2019-2020.
Alma also took the #12 spot in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Alma College is $22,449 for michigan bachelor’s degree finance students with aid.
Cornerstone University came in at #21 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Cornerstone is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 4 bachelors’s finance degrees in 2019-2020.
Cornerstone not only placed well in this ranking. It is also #23 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Cornerstone is $20,740 for michigan bachelor’s degree finance students with aid.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Andrews University did quite well in the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #22. Andrews University is a small private not-for-profit school situated in Berrien Springs, Michigan. It awarded 7 bachelors’s finance degrees in 2019-2020.
Andrews also made our “Best Finance Bachelor’s Degree Schools in Michigan” list, coming in at #22. The estimated yearly cost for Andrews University is $21,934 for michigan bachelor’s degree finance students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The low student loan default rate of 4.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Adrian College ranked #23 on this year’s Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Adrian, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 6 students in 2019-2020.
In addition to being on our michigan bachelor’s degree finance students with aid list, Adrian has also earned the #14 rank in our “Best Finance Bachelor’s Degree Schools in Michigan” ranking. It costs about $26,101 for michigan bachelor’s degree finance students with aid per year to attend Adrian College.
Lawrence Technological University landed the #24 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Lawrence Tech is a small private not-for-profit school situated in Southfield, Michigan. It awarded 2 bachelors’s finance degrees in 2019-2020.
Lawrence Tech not only placed well in this ranking. It is also #10 on our “Best Finance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Lawrence Technological University is $32,721 for michigan bachelor’s degree finance students with aid.
Read more about Finance at Lawrence Technological University
- Best Value Bachelor’s Degree Colleges for Finance in the Great Lakes Region (With Aid)
- Best Value Bachelor’s Degree Colleges for Finance (With Aid)
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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