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2022 Best Value Colleges for Petroleum Engineering in the Southwest Region (With Aid)

10 Ranked Colleges
765 Degrees Awarded
$16,300 Avg Net Price*
Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid” ranking.

In 2019-2020, 1,582 people earned their degree in petroleum engineering, making the major the 180th most popular in the United States. 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.

This year’s “Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid” ranking analyzed 10 colleges that offered 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.

Some of the factors we look at when determining these rankings are overall quality of the petroleum 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 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 in the Southwest Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

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. 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 Petroleum Engineering Schools in the Southwest Region For Those Getting Aid

The colleges and universities below are the best for southwest region petroleum engineering students with aid.

Top 10 Best Value Colleges for Petroleum Engineering in the Southwest Region (With Aid)

Out of the 10 schools in the Best Value Petroleum Engineering Schools 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. Located in Odessa, Texas, this medium-sized public school handed out 39 degrees to qualified ’s petroleum engineering students in 2019-2020.

UT Permian Basin also took the #5 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend UT Permian Basin is $10,092 for southwest region petroleum engineering students with aid.

Full The University of Texas of the Permian Basin Petroleum Engineering Report

You’ll join some of the best and brightest minds around if you attend The University of Texas at Austin. The school came in at #2 for the Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid. The University of Texas at Austin is located in Austin, Texas and, has a large student population. In 2019-2020, this school awarded 106 ’s petroleum engineering degrees to qualified students.

UT Austin also made our “Best Petroleum Engineering 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 Petroleum Engineering students with aid.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read full report on Petroleum Engineering at The University of Texas at Austin

#3

Texas Tech University

Lubbock, Texas

You’ll be in good company if you decide to attend Texas Tech University. It ranked #3 on our 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid list. Texas Tech University is a public institution located in Lubbock, Texas. The school has a large population, and it awarded 63 ’s degrees in 2019-2020.

Texas Tech also took the #3 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend Texas Tech is $17,571 for Southwest Region Petroleum Engineering students with aid.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Full Texas Tech University Petroleum Engineering Report

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 in the Southwest Region For Those Getting Aid list. Located in College Station, Texas, this large public school handed out 239 diplomas to qualified ’s petroleum engineering students in 2019-2020.

Texas A&M College Station not only placed well in this ranking. It is also #2 on our “Best Petroleum Engineering Schools in the Southwest Region” list. The estimated yearly cost for Texas A&M College Station is $19,057 for southwest region petroleum engineering students with aid.

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 more about Petroleum Engineering at Texas A&M University - College Station

You’ll join some of the best and brightest minds around if you attend Oklahoma State University - Main Campus. The school came in at #5 for the Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid. Oklahoma State University - Main Campus is a large school located in Stillwater, Oklahoma that handed out 4 ’s petroleum engineering degrees in 2019-2020.

OSU also made our “Best Petroleum Engineering Schools in the Southwest Region” list, coming in at #7. The estimated yearly cost for Oklahoma State University - Main Campus is $14,648 for Southwest Region Petroleum Engineering students with aid.

With a freshman retention rate of 85%, the school does an excellent job of retaining its students.

Read more about Petroleum Engineering at Oklahoma State University - Main Campus

#6

University of Houston

Houston, Texas

University of Houston landed the #6 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid ranking. UH is a large school located in Houston, Texas that handed out 91 ’s petroleum engineering degrees in 2019-2020.

In addition to being on our southwest region petroleum engineering students with aid list, UH has also earned the #8 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. The yearly cost to attend University of Houston is $12,838 for Southwest Region 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.

Full UH Petroleum Engineering Report

New Mexico Institute of Mining and Technology ranked #7 on this year’s Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid list. Socorro, New Mexico is the setting for this small institution of higher learning. The public school handed out ’s petroleum engineering degrees to 23 students in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #9 on our “Best Petroleum Engineering Schools in the Southwest Region” list. It costs about $14,595 for Southwest Region Petroleum Engineering students with aid per year to attend New Mexico Institute of Mining and Technology.

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.

Read full report on Petroleum Engineering at New Mexico Institute of Mining and Technology

Texas A&M University - Kingsville landed the #8 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid ranking. Texas A&M University - Kingsville is a medium-sized school located in Kingsville, Texas that handed out 14 ’s petroleum engineering degrees in 2019-2020.

In addition to being on our southwest region petroleum engineering students with aid list, Texas A&M Kingsville has also earned the #10 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $13,778 for Southwest Region Petroleum Engineering students with aid per year to attend Texas A&M Kingsville.

Read more about Petroleum Engineering at Texas A&M Kingsville

With a ranking of #9, University of Oklahoma Norman Campus did quite well on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid list. Norman, Oklahoma is the setting for this large institution of higher learning. The public school handed out ’s petroleum engineering degrees to 111 students in 2019-2020.

In addition to being on our southwest region petroleum engineering students with aid list, University of Oklahoma has also earned the #6 rank in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $21,145 for Southwest Region Petroleum Engineering students with aid per year to attend University of Oklahoma.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read more about Petroleum Engineering at University of Oklahoma Norman Campus

#10

University of Tulsa

Tulsa, Oklahoma

University of Tulsa landed the #10 spot on the 2022 Best Value Petroleum Engineering Schools in the Southwest Region For Those Getting Aid ranking. University of Tulsa is a private not-for-profit institution located in Tulsa, Oklahoma. The school has a small population, and it awarded 75 ’s degrees in 2019-2020.

As a testament to the quality of education offered at University of Tulsa, the school also landed the #4 spot in our “Best Petroleum Engineering Schools in the Southwest Region” ranking. It costs about $20,936 for Southwest Region Petroleum Engineering students with aid per year to attend University of Tulsa.

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 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.

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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