2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (With Aid)
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid” ranking as one item you can use to help make this decision.
Petroleum Engineering is the 180th most popular major in the country with 1,582 degrees awarded in 2019-2020. In 2017-2018, petroleum engineering graduates who were awarded their degree in 2015-2017, earned an average of $66,730 and had an average of $24,667 in loans still to pay off.
At the bachelor’s degree level specifically, there were 1,123 petroleum engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid” ranking, we looked at 22 colleges that offer a degree in petroleum engineering. This ranking identifies schools with high-quality petroleum engineering programs that also have a lower cost than 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 petroleum engineering program at the school. For more information, check out our ranking methodology.
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Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid
The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid.
Top 22 Best Value Bachelor’s Degree Colleges for Petroleum Engineering (With Aid)
You’ll be in good company if you decide to attend The University of Texas of the Permian Basin. It ranked #1 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. UT Permian Basin is a medium-sized school located in Odessa, Texas that handed out 39 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at UT Permian Basin, the school also landed the #7 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $10,092 for Bachelor’s Degree Petroleum Engineering students with aid per year to attend UT Permian Basin.
Read full report on Petroleum Engineering at UT Permian Basin
You’ll be in good company if you decide to attend The University of Texas at Austin. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Located in Austin, Texas, this large public school awarded 72 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
UT Austin also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #1. The yearly cost to attend The University of Texas at Austin is $18,023 for bachelor’s degree petroleum engineering students with aid.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The low student loan default rate of 2.7% 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%.
Full The University of Texas at Austin Petroleum Engineering Report
You’ll join some of the best and brightest minds around if you attend University of Alaska Fairbanks. The school came in at #3 for the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid. Fairbanks, Alaska is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 16 students in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, UAF has also earned the #9 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $10,333 for Bachelor’s Degree Petroleum Engineering students with aid per year to attend UAF.
Full University of Alaska Fairbanks Petroleum Engineering Report
You’ll be in good company if you decide to attend Missouri University of Science and Technology. It ranked #4 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Located in Rolla, Missouri, this medium-sized public school handed out 29 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
Missouri University of Science and Technology did well in our major quality rankings, too. It placed #6 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $14,262 for Bachelor’s Degree Petroleum Engineering students with aid per year to attend Missouri University of Science and Technology.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
Full Missouri University of Science and Technology Petroleum Engineering Report
Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, Texas Tech University landed the #5 spot on the list. Texas Tech University is located in Lubbock, Texas and, has a large student population. In 2019-2020, this school awarded 50 bachelors’s petroleum engineering degrees to qualified students.
Texas Tech not only placed well in this ranking. It is also #4 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Texas Tech is $17,571 for bachelor’s degree petroleum engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Texas A&M University - College Station landed the #6 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Texas A&M College Station is a large public school situated in College Station, Texas. It awarded 138 bachelors’s petroleum engineering degrees in 2019-2020.
As a testament to the quality of education offered at Texas A&M College Station, the school also landed the #3 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Texas A&M College Station is $19,057 for Bachelor’s Degree Petroleum Engineering students with aid.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read more about Petroleum Engineering at Texas A&M College Station
University of Wyoming came in at #7 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking. University of Wyoming is a fairly large public school situated in Laramie, Wyoming. It awarded 65 bachelors’s petroleum engineering degrees in 2019-2020.
UW also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #17. It costs about $12,159 for bachelor’s degree petroleum engineering students with aid per year to attend UW.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Montana Technological University ranked #8 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Montana Technological University is a public institution located in Butte, Montana. The school has a small population, and it awarded 28 bachelors’s degrees in 2019-2020.
Montana Tech not only placed well in this ranking. It is also #11 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Montana Tech is $15,023 for bachelor’s degree petroleum engineering students with aid.
Read more about Petroleum Engineering at Montana Technological University
University of North Dakota did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #9. University of North Dakota is a public institution located in Grand Forks, North Dakota. The school has a fairly large population, and it awarded 32 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, UND has also earned the #8 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for UND is $15,738 for Bachelor’s Degree Petroleum Engineering students with aid.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Petroleum Engineering at University of North Dakota
West Virginia University ranked #10 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Located in Morgantown, West Virginia, this large public school awarded 87 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
WVU not only placed well in this ranking. It is also #18 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend West Virginia University is $12,983 for bachelor’s degree petroleum engineering students with aid.
Read more about Petroleum Engineering at West Virginia University
University of Houston came in at #11 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking. University of Houston is a public institution located in Houston, Texas. The school has a large population, and it awarded 61 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, UH has also earned the #16 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend University of Houston is $12,838 for bachelor’s degree petroleum engineering students with aid.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
University of Louisiana at Lafayette did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #12. UL Lafayette is located in Lafayette, Louisiana and, has a fairly large student population. In 2019-2020, this school awarded 47 bachelors’s petroleum engineering degrees to qualified students.
UL Lafayette not only placed well in this ranking. It is also #20 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Louisiana at Lafayette is $12,487 for bachelor’s degree petroleum engineering students with aid.
Mississippi State University landed the #13 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking. This large school is located in Mississippi State, Mississippi, and it awarded 7 bachelors’s petroleum engineering degrees in 2019-2020.
Mississippi State did well in our major quality rankings, too. It placed #19 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $16,173 for Bachelor’s Degree Petroleum Engineering students with aid per year to attend Mississippi State University.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Full Mississippi State University Petroleum Engineering Report
With a ranking of #14, New Mexico Institute of Mining and Technology did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Located in Socorro, New Mexico, this small public school awarded 18 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
New Mexico Tech did well in our major quality rankings, too. It placed #21 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. It costs about $14,595 for Bachelor’s Degree Petroleum Engineering students with aid per year to attend New Mexico Institute of Mining and Technology.
With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Petroleum Engineering at New Mexico Institute of Mining and Technology
Texas A&M University - Kingsville landed the #15 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Kingsville, Texas is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 12 students in 2019-2020.
Texas A&M Kingsville also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #22. The estimated yearly cost for Texas A&M University - Kingsville is $13,778 for Bachelor’s Degree Petroleum Engineering students with aid.
Read more about Petroleum Engineering at Texas A&M University - Kingsville
Colorado School of Mines did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #16. Mines is a medium-sized school located in Golden, Colorado that handed out 84 bachelors’s petroleum engineering degrees in 2019-2020.
Mines also made our “Best Petroleum Engineering Bachelor’s Degree Schools” list, coming in at #2. It costs about $26,750 for bachelor’s degree petroleum engineering students with aid per year to attend Mines.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.
Read more about Petroleum Engineering at Colorado School of Mines
Marietta College ranked #17 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Marietta is a private not-for-profit institution located in Marietta, Ohio. The school has a small population, and it awarded 47 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, Marietta has also earned the #12 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Marietta is $20,786 for Bachelor’s Degree Petroleum Engineering students with aid.
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.
Read full report on Petroleum Engineering at Marietta College
Louisiana State University and Agricultural & Mechanical College did quite well in the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #18. Louisiana State University is a large public school situated in Baton Rouge, Louisiana. It awarded 80 bachelors’s petroleum engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, Louisiana State University has also earned the #13 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. It costs about $15,465 for bachelor’s degree petroleum engineering students with aid per year to attend Louisiana State University.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Read full report on Petroleum Engineering at Louisiana State University
University of Kansas ranked #19 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. This large school is located in Lawrence, Kansas, and it awarded 29 bachelors’s petroleum engineering degrees in 2019-2020.
KU not only placed well in this ranking. It is also #15 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for KU is $18,918 for bachelor’s degree petroleum engineering students with aid.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
With a ranking of #20, University of Oklahoma Norman Campus did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. University of Oklahoma Norman Campus is a large public school situated in Norman, Oklahoma. It awarded 72 bachelors’s petroleum engineering degrees in 2019-2020.
University of Oklahoma not only placed well in this ranking. It is also #10 on our “Best Petroleum Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Oklahoma Norman Campus is $21,145 for Bachelor’s Degree Petroleum Engineering students with aid.
The low student loan default rate of 4.7% 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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on Petroleum Engineering at University of Oklahoma Norman Campus
With a ranking of #21, University of Tulsa did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid list. Located in Tulsa, Oklahoma, this small private not-for-profit school handed out 49 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, University of Tulsa has also earned the #5 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Tulsa is $20,936 for bachelor’s degree petroleum engineering students with aid.
The school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read full report on Petroleum Engineering at University of Tulsa
Saint Francis University came in at #22 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Loretto, Pennsylvania is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s petroleum engineering degrees to 3 students in 2019-2020.
In addition to being on our bachelor’s degree petroleum engineering students with aid list, Saint Francis has also earned the #14 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Saint Francis University is $28,643 for bachelor’s degree petroleum engineering students with aid.
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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read more about Petroleum Engineering at Saint Francis University
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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.
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