2022 Best Value Colleges for Finance in Michigan (With Aid)
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Finance Schools in Michigan For Those Getting Aid” ranking - to help you make that decision.
With 52,394 degrees handed out in 2019-2020, finance is the 10th most popular major in the United States.
Across Michigan, there were 1,674 finance graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value Finance Schools in Michigan For Those Getting Aid” ranking, we looked at 25 colleges that offer 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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More Ways to Rank Finance Schools
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 in Michigan For Those Getting Aid”.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Finance Schools in Michigan For Those Getting Aid
The colleges and universities below are the best for michigan finance students with aid.
Top 25 Best Value 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 in Michigan For Those Getting Aid. This large school is located in East Lansing, Michigan, and it awarded 408 ’s finance degrees in 2019-2020.
Michigan State also took the #1 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $19,173 for michigan 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%.
Out of the 25 schools in the Best Value Finance Schools in Michigan For Those Getting Aid that were part of this year’s ranking, University of Michigan - Dearborn landed the #2 spot on the list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 91 students in 2019-2020.
As a testament to the quality of education offered at UM Dearborn, the school also landed the #10 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend University of Michigan - Dearborn is $11,473 for Michigan Finance students with aid.
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%.
Read more about Finance at University of Michigan - Dearborn
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #3 for the Best Value Finance Schools in Michigan For Those Getting Aid. Located in Rochester Hills, Michigan, this fairly large public school awarded 102 degrees to qualified ’s finance students in 2019-2020.
Oakland also took the #5 spot in our “Best Finance Schools in Michigan” ranking. It costs about $11,802 for michigan finance students with aid per year to attend Oakland.
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 in Michigan For Those Getting Aid list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out ’s finance degrees to 271 students in 2019-2020.
GVSU also took the #2 spot in our “Best Finance Schools in Michigan” ranking. It costs about $17,646 for michigan finance students with aid per year to attend GVSU.
The low student loan default rate of 3.7% 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 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 in Michigan For Those Getting Aid. Ferris State University is a fairly large public school situated in Big Rapids, Michigan. It awarded 10 ’s finance degrees in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #16 on our “Best Finance Schools in Michigan” list. It costs about $12,889 for michigan finance students with aid per year to attend Ferris State University.
With a ranking of #6, Central Michigan University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 90 students in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #7 on our “Best Finance Schools in Michigan” list. The yearly cost to attend Central Michigan is $15,981 for michigan finance students with aid.
Michigan Technological University ranked #7 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. This medium-sized school is located in Houghton, Michigan, and it awarded 19 ’s finance degrees in 2019-2020.
Michigan Tech not only placed well in this ranking. It is also #4 on our “Best Finance Schools in Michigan” list. It costs about $16,463 for michigan finance students with aid per year to attend Michigan Technological University.
The low student loan default rate of 2.3% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
University of Michigan - Flint came in at #8 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. UM Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 33 ’s finance degrees to qualified students.
As a testament to the quality of education offered at UM Flint, the school also landed the #19 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend UM Flint is $12,734 for michigan finance students with aid.
With a ranking of #9, Macomb Community College did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Macomb Community College is a public institution located in Warren, Michigan. The school has a fairly large population, and it awarded 1 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Macomb Community College, the school also landed the #24 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Macomb Community College is $8,724 for Michigan Finance students with aid.
Wayne State University ranked #10 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out ’s finance degrees to 140 students in 2019-2020.
Wayne State also took the #13 spot in our “Best Finance Schools in Michigan” ranking. It costs about $13,965 for Michigan Finance students with aid per year to attend Wayne State.
Western Michigan University landed the #11 spot on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s finance degrees to 127 students in 2019-2020.
WMU not only placed well in this ranking. It is also #6 on our “Best Finance Schools in Michigan” list. It costs about $19,433 for Michigan Finance students with aid per year to attend WMU.
Saginaw Valley State University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #12. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 46 students in 2019-2020.
In addition to being on our michigan finance students with aid list, Saginaw Valley State University has also earned the #17 rank in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Saginaw Valley State University is $14,248 for Michigan Finance students with aid.
Lake Superior State University came in at #13 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. Lake Superior State University is a public institution located in Sault Ste Marie, Michigan. The school has a small population, and it awarded 10 ’s degrees in 2019-2020.
Lake Superior State University also took the #21 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Lake Superior State University is $12,398 for michigan finance students with aid.
Eastern Michigan University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #14. Located in Ypsilanti, Michigan, this fairly large public school handed out 74 diplomas to qualified ’s finance students in 2019-2020.
Eastern Michigan did well in our major quality rankings, too. It placed #20 on our “Best Finance Schools in Michigan” list. It costs about $15,924 for Michigan Finance students with aid per year to attend Eastern Michigan.
Baker College did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #15. This medium-sized school is located in Owosso, Michigan, and it awarded 14 ’s finance degrees in 2019-2020.
It costs about $15,049 for Michigan Finance students with aid per year to attend Baker College.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Albion College landed the #16 spot on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking. Albion is a small private not-for-profit school situated in Albion, Michigan. It awarded 19 ’s finance degrees in 2019-2020.
In addition to being on our michigan finance students with aid list, Albion has also earned the #11 rank in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Albion is $16,653 for Michigan Finance students with aid.
Northwood University ranked #17 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Northwood is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 58 ’s finance degrees to qualified students.
Northwood did well in our major quality rankings, too. It placed #8 on our “Best Finance Schools in Michigan” list. It costs about $21,618 for Michigan Finance students with aid per year to attend Northwood University.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Davenport University ranked #18 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Located in Grand Rapids, Michigan, this medium-sized private not-for-profit school handed out 41 diplomas to qualified ’s finance students in 2019-2020.
As a testament to the quality of education offered at Davenport University, the school also landed the #25 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Davenport University is $16,098 for Michigan Finance students with aid.
With a ranking of #19, Calvin University did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. Calvin is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 4 ’s finance degrees to qualified students.
Calvin did well in our major quality rankings, too. It placed #3 on our “Best Finance Schools in Michigan” list. It costs about $26,647 for michigan finance students with aid per year to attend Calvin University.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Spring Arbor University came in at #20 in this year’s edition of the Best Value Finance Schools in Michigan For Those Getting Aid ranking. This small school is located in Spring Arbor, Michigan, and it awarded 4 ’s finance degrees in 2019-2020.
Spring Arbor also took the #18 spot in our “Best Finance Schools in Michigan” ranking. The estimated yearly cost for Spring Arbor is $19,183 for michigan finance students with aid.
Alma College ranked #21 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. This small school is located in Alma, Michigan, and it awarded 9 ’s finance degrees in 2019-2020.
Alma also took the #12 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Alma is $22,449 for michigan finance students with aid.
Cornerstone University ranked #22 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Cornerstone University is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 13 ’s finance degrees in 2019-2020.
Cornerstone did well in our major quality rankings, too. It placed #23 on our “Best Finance Schools in Michigan” list. The yearly cost to attend Cornerstone is $20,740 for michigan finance students with aid.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Andrews University did quite well in the 2022 Best Value Finance Schools in Michigan For Those Getting Aid ranking, coming in at #23. Andrews is a private not-for-profit institution located in Berrien Springs, Michigan. The school has a small population, and it awarded 7 ’s degrees in 2019-2020.
Andrews also made our “Best Finance Schools in Michigan” list, coming in at #22. It costs about $21,934 for Michigan Finance students with aid per year to attend Andrews.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
With a ranking of #24, Adrian College did quite well on the 2022 Best Value Finance Schools in Michigan For Those Getting Aid list. This small school is located in Adrian, Michigan, and it awarded 6 ’s finance degrees in 2019-2020.
Adrian also took the #15 spot in our “Best Finance Schools in Michigan” ranking. The yearly cost to attend Adrian College is $26,101 for Michigan Finance students with aid.
Lawrence Technological University ranked #25 on this year’s Best Value Finance Schools in Michigan For Those Getting Aid list. Lawrence Tech is a private not-for-profit institution located in Southfield, Michigan. The school has a small population, and it awarded 2 ’s degrees in 2019-2020.
Lawrence Tech not only placed well in this ranking. It is also #9 on our “Best Finance Schools in Michigan” list. It costs about $32,721 for Michigan Finance students with aid per year to attend Lawrence Tech.
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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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