2022 Best Value Bachelor’s Degree Colleges for Engineering (With Aid)
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Engineering Schools for a Bachelor’s For Those Getting Aid” ranking is part of that endeavor.
Engineering is one of the most popular majors in the nation, ranking 6th of all the majors we analyze. In 2019-2020, 200,458 degrees were awarded to students with this major. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.
At the bachelor’s degree level specifically, there were 130,534 engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value Engineering Schools for a Bachelor’s For Those Getting Aid” ranking, we looked at 399 colleges that offer a degree in engineering. The schools that top this list are recognized because they have great 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 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.
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More Ways to Rank Engineering Schools
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Engineering Schools for a Bachelor’s For Those Getting Aid” list to help you make the college 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Engineering Schools for a Bachelor’s For Those Getting Aid
The colleges and universities below are the best for bachelor’s degree engineering students with aid.
Top 25 Best Value Bachelor’s Degree Colleges for Engineering (With Aid)
You’ll join some of the best and brightest minds around if you attend University of North Carolina at Chapel Hill. The school came in at #1 for the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid. Located in Chapel Hill, North Carolina, this large public school awarded 63 diplomas to qualified bachelors’s engineering students in 2019-2020.
UNC Chapel Hill excels when it comes to engineering quality. It’s ranked in the top 15% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UNC Chapel Hill is $12,352 for Bachelor’s Degree Engineering students with aid.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 1.9% 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 Engineering at University of North Carolina at Chapel Hill
You’ll be in good company if you decide to attend University of Florida. It ranked #2 on our 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. Located in Gainesville, Florida, this large public school awarded 1,308 diplomas to qualified bachelors’s engineering students in 2019-2020.
UF also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend University of Florida is $6,302 for Bachelor’s Degree Engineering students with aid.
The low student loan default rate of 2.0% 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%.
You’ll join some of the best and brightest minds around if you attend University of Washington - Seattle Campus. The school came in at #3 for the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 931 students in 2019-2020.
On top of its placing in this ranking, UW Seattle also did well on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend University of Washington - Seattle Campus is $13,297 for bachelor’s degree engineering students with aid.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The low student loan default rate of 2.2% 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 be in good company if you decide to attend Princeton University. It ranked #4 on our 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. Princeton University is a private not-for-profit institution located in Princeton, New Jersey. The school has a medium-sized population, and it awarded 185 bachelors’s degrees in 2019-2020.
Princeton also took the #5 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $11,317 for bachelor’s degree engineering students with aid per year to attend Princeton University.
With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 0.9% 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 399 schools in the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #5 spot on the list. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 2,012 bachelors’s engineering degrees in 2019-2020.
Purdue excels when it comes to engineering quality. It’s in the top 15% of all schools reviewed in that analysis. The estimated yearly cost for Purdue is $13,986 for bachelor’s degree engineering students with aid.
The low student loan default rate of 2.2% 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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read more about Engineering at Purdue University - Main Campus
With a ranking of #6, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. This large school is located in Champaign, Illinois, and it awarded 1,667 bachelors’s engineering degrees in 2019-2020.
On top of its placing in this ranking, UIUC also did well on our “Best Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UIUC is $15,880 for Bachelor’s Degree Engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Engineering at University of Illinois at Urbana-Champaign
With a ranking of #7, California State University - Los Angeles did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. Cal State LA is a large public school situated in Los Angeles, California. It awarded 313 bachelors’s engineering degrees in 2019-2020.
The estimated yearly cost for California State University - Los Angeles is $2,768 for Bachelor’s Degree Engineering students with aid.
The low student loan default rate of 1.4% 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%.
Read more about Engineering at California State University - Los Angeles
Massachusetts Institute of Technology did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #8. Massachusetts Institute of Technology is a fairly large school located in Cambridge, Massachusetts that handed out 383 bachelors’s engineering degrees in 2019-2020.
MIT also made our “Best Engineering Bachelor’s Degree Schools” list, coming in at #4. The yearly cost to attend MIT is $16,636 for Bachelor’s Degree Engineering students with aid.
The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
The City College of New York came in at #9 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. New York, New York is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s engineering degrees to 430 students in 2019-2020.
The yearly cost to attend The City College of New York is $2,385 for bachelor’s degree engineering students with aid.
With a ranking of #10, The University of Texas Rio Grande Valley did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. UT Rio Grande Valley is located in Edinburg, Texas and, has a large student population. In 2019-2020, this school awarded 278 bachelors’s engineering degrees to qualified students.
It costs about $4,514 for bachelor’s degree engineering students with aid per year to attend UT Rio Grande Valley.
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%.
Read full report on Engineering at The University of Texas Rio Grande Valley
California State University - Fresno came in at #11 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Fresno State is a large public school situated in Fresno, California. It awarded 234 bachelors’s engineering degrees in 2019-2020.
The yearly cost to attend Fresno State is $5,464 for bachelor’s degree engineering students with aid.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.
Full California State University - Fresno Engineering Report
Massachusetts Maritime Academy came in at #12 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Maritime is a public institution located in Buzzards Bay, Massachusetts. The school has a small population, and it awarded 174 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Maritime, the school also landed the #12 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $20,485 for bachelor’s degree engineering students with aid per year to attend Massachusetts Maritime Academy.
With a freshman retention rate of 87%, 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%.
University of Wisconsin - Madison did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #12. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 1,013 bachelors’s engineering degrees to qualified students.
UW - Madison also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools in this category. The yearly cost to attend University of Wisconsin - Madison is $17,708 for Bachelor’s Degree Engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Stanford University came in at #14 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. This fairly large school is located in Stanford, California, and it awarded 286 bachelors’s engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students with aid list, Stanford has also earned the #7 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Stanford University is $11,496 for bachelor’s degree engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 0.5% 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%.
The University of Texas of the Permian Basin did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #15. 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 94 bachelors’s degrees in 2019-2020.
It costs about $10,092 for Bachelor’s Degree Engineering students with aid per year to attend The University of Texas of the Permian Basin.
Ferris State University did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #16. Ferris is a fairly large school located in Big Rapids, Michigan that handed out 58 bachelors’s engineering degrees in 2019-2020.
Ferris also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 20% of all schools in this category. The yearly cost to attend Ferris is $12,889 for Bachelor’s Degree Engineering students with aid.
With a ranking of #17, Georgia Institute of Technology - Main Campus did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. Georgia Tech is a public institution located in Atlanta, Georgia. The school has a large population, and it awarded 2,279 bachelors’s degrees in 2019-2020.
Georgia Tech not only placed well in this ranking. It is also #21 on our “Best Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Georgia Institute of Technology - Main Campus is $14,739 for Bachelor’s Degree Engineering students with aid.
The low student loan default rate of 1.3% 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Full Georgia Institute of Technology - Main Campus Engineering Report
The University of Texas at Austin ranked #18 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. UT Austin is a large public school situated in Austin, Texas. It awarded 1,378 bachelors’s engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students with aid list, UT Austin has also earned the #25 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for The University of Texas at Austin is $18,023 for Bachelor’s Degree 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Maine Maritime Academy came in at #19 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Maine Maritime Academy is located in Castine, Maine and, has a small student population. In 2019-2020, this school awarded 79 bachelors’s engineering degrees to qualified students.
Maine Maritime did well in our major quality rankings, too. It placed #15 on our “Best Engineering Bachelor’s Degree Schools” list. It costs about $23,239 for Bachelor’s Degree Engineering students with aid per year to attend Maine Maritime.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
California State University - Fullerton landed the #20 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. California State University - Fullerton is located in Fullerton, California and, has a large student population. In 2019-2020, this school awarded 463 bachelors’s engineering degrees to qualified students.
It costs about $7,991 for bachelor’s degree engineering students with aid per year to attend California State University - Fullerton.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
Read full report on Engineering at California State University - Fullerton
With a ranking of #21, University of Michigan - Ann Arbor did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 1,196 bachelors’s engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students with aid list, U-M has also earned the #18 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $15,336 for bachelor’s degree engineering students with aid per year to attend U-M.
The low student loan default rate of 1.2% 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 96%.
Read full report on Engineering at University of Michigan - Ann Arbor
Dartmouth College landed the #22 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Dartmouth College is located in Hanover, New Hampshire and, has a medium-sized student population. In 2019-2020, this school awarded 113 bachelors’s engineering degrees to qualified students.
Dartmouth also made our “Best Engineering Bachelor’s Degree Schools” list, coming in at #2. The estimated yearly cost for Dartmouth is $33,574 for Bachelor’s Degree Engineering students with aid.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Harvard University came in at #23 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Harvard is located in Cambridge, Massachusetts and, has a large student population. In 2019-2020, this school awarded 93 bachelors’s engineering degrees to qualified students.
Harvard did well in our major quality rankings, too. It placed #20 on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Harvard University is $15,386 for Bachelor’s Degree Engineering students with aid.
The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 1.1% 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 ranking of #24, University of California - Los Angeles did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid list. University of California - Los Angeles is a public institution located in Los Angeles, California. The school has a large population, and it awarded 669 bachelors’s degrees in 2019-2020.
In addition to being on this list, UCLA is in the top on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. The estimated yearly cost for UCLA is $14,279 for Bachelor’s Degree Engineering students with aid.
The school has an impressive student loan default rate. It’s only 1.0%, 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.
Florida International University landed the #25 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Getting Aid ranking. Florida International University is a large public school situated in Miami, Florida. It awarded 633 bachelors’s engineering degrees in 2019-2020.
The yearly cost to attend Florida International University is $7,296 for Bachelor’s Degree Engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Rest of the Best 50 in Best Value Engineering Schools for a Bachelor’s For Those Getting Aid
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value Engineering Schools for a Bachelor’s For Those Getting Aid
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | University of Illinois at Chicago | Chicago, IL |
| 52 | University of Maryland - College Park | College Park, MD |
| 53 | North Carolina A & T State University | Greensboro, NC |
| 54 | Michigan State University | East Lansing, MI |
| 55 | University of North Florida | Jacksonville, FL |
| 56 | University of California - Davis | Davis, CA |
| 56 | Florida Gulf Coast University | Fort Myers, FL |
| 58 | University of Wisconsin - Platteville | Platteville, WI |
| 59 | College of Staten Island CUNY | Staten Island, NY |
| 60 | University of Michigan - Dearborn | Dearborn, MI |
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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 Petty Officer 3rd Class Declan Barnes.
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