2022 Best Value Colleges for Engineering in Massachusetts (With 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 Engineering Schools in Massachusetts For Those Getting Aid” ranking.
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.
Across Massachusetts, there were 9,337 engineering graduates with average earnings and debt of $74,600 and $25,045 respectively.
This year’s “Best Value Engineering Schools in Massachusetts For Those Getting Aid” ranking analyzed 15 colleges that offered a degree in engineering. Not only do the schools that top this list have excellent 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 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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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Engineering Schools in Massachusetts For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 in Massachusetts For Those Getting Aid
The colleges and universities below are the best for massachusetts engineering students with aid.
Top 15 Best Value Colleges for Engineering in Massachusetts (With Aid)
You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Best Value Engineering Schools in Massachusetts For Those Getting Aid. This fairly large school is located in Cambridge, Massachusetts, and it awarded 1,154 ’s engineering degrees in 2019-2020.
MIT also took the #2 spot in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Massachusetts Institute of Technology is $16,636 for massachusetts engineering students with aid.
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%. Since the school has a student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 98%, the school does an excellent job of retaining its students.
Read full report on Engineering at Massachusetts Institute of Technology
Out of the 15 schools in the Best Value Engineering Schools in Massachusetts For Those Getting Aid that were part of this year’s ranking, Massachusetts Maritime Academy landed the #2 spot on the list. Maritime is a small school located in Buzzards Bay, Massachusetts that handed out 174 ’s engineering degrees in 2019-2020.
Maritime did well in our major quality rankings, too. It placed #3 on our “Best Engineering Schools in Massachusetts” list. The estimated yearly cost for Massachusetts Maritime Academy is $20,485 for Massachusetts 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 student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #3 for the Best Value Engineering Schools in Massachusetts For Those Getting Aid. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 309 degrees to qualified ’s engineering students in 2019-2020.
In addition to being on our massachusetts engineering students with aid list, Harvard has also earned the #4 rank in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend Harvard is $15,386 for Massachusetts Engineering students with aid.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%.
You’ll be in good company if you decide to attend University of Massachusetts - Lowell. It ranked #4 on our 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid list. This fairly large school is located in Lowell, Massachusetts, and it awarded 896 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at UMass Lowell, the school also landed the #12 spot in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts - Lowell is $19,119 for massachusetts engineering students with aid.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Read more about Engineering at University of Massachusetts - Lowell
Out of the 15 schools in the Best Value Engineering Schools in Massachusetts For Those Getting Aid that were part of this year’s ranking, Olin College landed the #5 spot on the list. Located in Needham, Massachusetts, this small private not-for-profit school handed out 90 diplomas to qualified ’s engineering students in 2019-2020.
In addition to being on our massachusetts engineering students with aid list, Olin College has also earned the #1 rank in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend Olin College is $20,540 for massachusetts engineering students with aid.
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.
University of Massachusetts Amherst came in at #6 in this year’s edition of the Best Value Engineering Schools in Massachusetts For Those Getting Aid ranking. University of Massachusetts Amherst is a large public school situated in Amherst, Massachusetts. It awarded 700 ’s engineering degrees in 2019-2020.
UMass Amherst also took the #11 spot in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend UMass Amherst is $22,501 for Massachusetts Engineering students with aid.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.8% 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 Massachusetts Amherst
University of Massachusetts - Boston landed the #7 spot on the 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid ranking. Boston, Massachusetts is the setting for this fairly large institution of higher learning. The public school handed out ’s engineering degrees to 28 students in 2019-2020.
In addition to being on our massachusetts engineering students with aid list, UMass Boston has also earned the #15 rank in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for University of Massachusetts - Boston is $18,340 for massachusetts engineering students with aid.
Boston University ranked #8 on this year’s Best Value Engineering Schools in Massachusetts For Those Getting Aid list. Boston U is a private not-for-profit institution located in Boston, Massachusetts. The school has a large population, and it awarded 841 ’s degrees in 2019-2020.
Boston U also made our “Best Engineering Schools in Massachusetts” list, coming in at #8. The estimated yearly cost for Boston University is $30,259 for Massachusetts Engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. 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. The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
With a ranking of #9, University of Massachusetts - Dartmouth did quite well on the 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid list. UMass Dartmouth is a medium-sized school located in North Dartmouth, Massachusetts that handed out 186 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at UMass Dartmouth, the school also landed the #14 spot in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for University of Massachusetts - Dartmouth is $18,503 for massachusetts engineering students with aid.
Smith College ranked #10 on this year’s Best Value Engineering Schools in Massachusetts For Those Getting Aid list. Located in Northampton, Massachusetts, this small private not-for-profit school handed out 49 diplomas to qualified ’s engineering students in 2019-2020.
Smith also took the #9 spot in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Smith College is $28,305 for massachusetts engineering students with aid.
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%. Since the school has a student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors.
With a ranking of #11, Tufts University did quite well on the 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid list. This fairly large school is located in Medford, Massachusetts, and it awarded 271 ’s engineering degrees in 2019-2020.
Tufts also made our “Best Engineering Schools in Massachusetts” list, coming in at #6. The estimated yearly cost for Tufts is $30,744 for massachusetts engineering students with aid.
The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
Northeastern University landed the #12 spot on the 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid ranking. Northeastern is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 2,435 ’s engineering degrees to qualified students.
In addition to being on our massachusetts engineering students with aid list, Northeastern has also earned the #5 rank in our “Best Engineering Schools in Massachusetts” ranking. It costs about $31,093 for Massachusetts Engineering students with aid per year to attend Northeastern.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%.
Wentworth Institute of Technology landed the #13 spot on the 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid ranking. Located in Boston, Massachusetts, this small private not-for-profit school handed out 380 degrees to qualified ’s engineering students in 2019-2020.
In addition to being on our massachusetts engineering students with aid list, WIT has also earned the #10 rank in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend WIT is $36,113 for massachusetts engineering students with aid.
The low student loan default rate of 3.0% 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%.
Merrimack College came in at #14 in this year’s edition of the Best Value Engineering Schools in Massachusetts For Those Getting Aid ranking. Merrimack is located in North Andover, Massachusetts and, has a medium-sized student population. In 2019-2020, this school awarded 82 ’s engineering degrees to qualified students.
In addition to being on our massachusetts engineering students with aid list, Merrimack has also earned the #13 rank in our “Best Engineering Schools in Massachusetts” ranking. It costs about $33,650 for massachusetts engineering students with aid per year to attend Merrimack.
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%.
Worcester Polytechnic Institute did quite well in the 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid ranking, coming in at #15. Worcester Polytechnic Institute is a private not-for-profit institution located in Worcester, Massachusetts. The school has a medium-sized population, and it awarded 1,209 ’s degrees in 2019-2020.
WPI not only placed well in this ranking. It is also #7 on our “Best Engineering Schools in Massachusetts” list. It costs about $39,756 for Massachusetts Engineering students with aid per year to attend Worcester Polytechnic Institute.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The low student loan default rate of 0.7% 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%.
Read more about Engineering at Worcester Polytechnic Institute
- Best Value Colleges for Engineering in the New England Region (With Aid)
- Best Value Colleges for Engineering (With Aid)
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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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