2022 Best Value ME Schools in Maryland 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 ME Schools in Maryland For Those Getting Aid” ranking - to help you make that decision.

Mechanical Engineering is the 20th most popular major in the country with 47,598 degrees awarded in 2019-2020. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.

Across Maryland, there were 756 mechanical engineering graduates with average earnings and debt of $69,700 and $20,917 respectively.

This year’s “Best Value ME Schools in Maryland For Those Getting Aid” ranking looked at 3 colleges that offer degrees in a bachelor’s in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Mechanical Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools in Maryland For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value ME Schools in Maryland For Those Getting Aid

The following schools top our list of the Best Best Value ME Schools in Maryland For Those Getting Aid.

Top 3 Best Value Colleges for Mechanical Engineering in Maryland (With Aid)

#1

University of Maryland - College Park

College Park, Maryland

#2 in overall quality

$19,045 Average Net Price

$48,842 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #1 on our 2022 Best Value ME Schools in Maryland For Those Getting Aid list. UMCP is a large public school situated in College Park, Maryland. It awarded 382 ’s ME degrees in 2019-2020.

UMCP also took the #2 spot in our “Best Mechanical Engineering Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - College Park is $19,045 for Maryland ME students with aid.

The low student loan default rate of 2.4% 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.

Full University of Maryland - College Park Mechanical Engineering Report

#2

Johns Hopkins University

Baltimore, Maryland

#1 in overall quality

$29,342 Average Net Price

$66,904 Average Early-Career Earnings

You’ll be in good company if you decide to attend Johns Hopkins University. It ranked #2 on our 2022 Best Value ME Schools in Maryland For Those Getting Aid list. Johns Hopkins is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 158 ’s ME degrees to qualified students.

Johns Hopkins not only placed well in this ranking. It is also #1 on our “Best Mechanical Engineering Schools in Maryland” list. It costs about $29,342 for maryland me students with aid per year to attend Johns Hopkins University.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.

Read full report on Mechanical Engineering at Johns Hopkins University

#3

University of Maryland - Baltimore County

Baltimore, Maryland

#3 in overall quality

$19,082 Average Net Price

$46,475 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #3 for the Best Value ME Schools in Maryland For Those Getting Aid. Baltimore, Maryland is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 142 students in 2019-2020.

In addition to being on our maryland me students with aid list, UMBC has also earned the #3 rank in our “Best Mechanical Engineering Schools in Maryland” ranking. It costs about $19,082 for Maryland ME students with aid per year to attend University of Maryland - Baltimore County.

The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Full UMBC Mechanical Engineering Report

• Best Value Colleges for Mechanical Engineering in the Middle Atlantic Region (With Aid)
• Best Value Colleges for Mechanical Engineering (With Aid)

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 Michel Villeneuve.

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