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2022 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in the Southwest Region (With Aid)

9 Ranked Colleges
511 Degrees Awarded
$16,400 Avg Net Price*
Best Value Petroleum Engineering Schools for a Bachelor's in the Southwest Region For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid” ranking - to help you make that 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.

Across the Southwest region, there were 765 petroleum engineering graduates with average earnings and debt of $73,071 and $23,687 respectively. At the bachelor’s degree level specifically, there were 511 petroleum engineering graduates with average earnings and debt of $38,896 and $23,899 respectively.

For this year’s “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid” ranking, we looked at 9 colleges that offer a degree in petroleum engineering. The schools that top this list are recognized because they have great petroleum engineering programs and 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 petroleum engineering program at the school. For more information, check out our ranking methodology.

More Ways to Rank Petroleum Engineering Schools

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

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. 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 Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid.

Top 9 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in the Southwest Region (With Aid)

Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid that were part of this year’s ranking, The University of Texas of the Permian Basin landed the #1 spot on the list. The University of Texas of the Permian Basin is a public institution located in Odessa, Texas. The school has a medium-sized population, and it awarded 39 bachelors’s degrees in 2019-2020.

UT Permian Basin did well in our major quality rankings, too. It placed #5 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for The University of Texas of the Permian Basin is $10,092 for southwest region bachelor’s degree petroleum engineering students with aid.

Full UT Permian Basin Petroleum Engineering Report

Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid that were part of this year’s ranking, The University of Texas at Austin landed the #2 spot on the list. Austin, Texas is the setting for this large institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 72 students in 2019-2020.

UT Austin also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #1. The yearly cost to attend The University of Texas at Austin is $18,023 for Southwest Region Bachelor’s Degree Petroleum Engineering students with aid.

The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read more about Petroleum Engineering at The University of Texas at Austin

#3

Texas Tech University

Lubbock, Texas

You’ll join some of the best and brightest minds around if you attend Texas Tech University. The school came in at #3 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid. Located in Lubbock, Texas, this large public school handed out 50 diplomas to qualified bachelors’s petroleum engineering students in 2019-2020.

Texas Tech not only placed well in this ranking. It is also #3 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $17,571 for southwest region bachelor’s degree petroleum engineering students with aid per year to attend Texas Tech University.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Petroleum Engineering at Texas Tech University

You’ll be in good company if you decide to attend Texas A&M University - College Station. It ranked #4 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid list. Texas A&M College Station is a large school located in College Station, Texas that handed out 138 bachelors’s petroleum engineering degrees in 2019-2020.

Texas A&M College Station not only placed well in this ranking. It is also #2 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $19,057 for Southwest Region Bachelor’s Degree Petroleum Engineering students with aid per year to attend Texas A&M College Station.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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 Texas A&M College Station

#5

University of Houston

Houston, Texas

Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid that were part of this year’s ranking, University of Houston landed the #5 spot on the list. Located in Houston, Texas, this large public school handed out 61 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.

As a testament to the quality of education offered at UH, the school also landed the #7 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The yearly cost to attend University of Houston is $12,838 for southwest region bachelor’s degree petroleum engineering 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.

Read full report on Petroleum Engineering at University of Houston

New Mexico Institute of Mining and Technology came in at #6 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid ranking. Located in Socorro, New Mexico, this small public school handed out 18 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.

New Mexico Tech did well in our major quality rankings, too. It placed #8 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $14,595 for Southwest Region Bachelor’s Degree Petroleum Engineering students with aid per year to attend New Mexico Institute of Mining and Technology.

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 New Mexico Institute of Mining and Technology

With a ranking of #7, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid list. Texas A&M University - Kingsville is a medium-sized public school situated in Kingsville, Texas. It awarded 12 bachelors’s petroleum engineering degrees in 2019-2020.

Texas A&M Kingsville also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #9. The estimated yearly cost for Texas A&M University - Kingsville is $13,778 for southwest region bachelor’s degree petroleum engineering students with aid.

Full Texas A&M University - Kingsville Petroleum Engineering Report

With a ranking of #8, University of Oklahoma Norman Campus did quite well on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid list. University of Oklahoma Norman Campus is a large school located in Norman, Oklahoma that handed out 72 bachelors’s petroleum engineering degrees in 2019-2020.

University of Oklahoma also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #6. The estimated yearly cost for University of Oklahoma is $21,145 for southwest region bachelor’s degree petroleum engineering students with aid.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Petroleum Engineering at University of Oklahoma

#9

University of Tulsa

Tulsa, Oklahoma
#4 in overall quality

University of Tulsa landed the #9 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region For Those Getting Aid ranking. University of Tulsa is a small school located in Tulsa, Oklahoma that handed out 49 bachelors’s petroleum engineering degrees in 2019-2020.

University of Tulsa also made our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list, coming in at #4. The estimated yearly cost for University of Tulsa is $20,936 for southwest region bachelor’s degree petroleum engineering students with aid.

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 impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.

Read more about Petroleum Engineering at University of Tulsa

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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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