by our College Data Analytics TeamIt's not easy to decide which school to attend when you have so many options available. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our Best Master's Degree Colleges for the Money (With Aid) in Michigan ranking is part of that endeavor. The amount of financial aid you could receive at various schools, including some with high sticker prices, may surprise you.
See What's Included in This Value Report:
We analyzed 26 schools across Michigan to determine which have the best value Master's Degree programs. To come up with this ranking of the best value schools, we look at factors that are all objective measurements. In the next few paragraphs, we'll talk a little about what we use in our analysis and why.
To calculate the value of a school in our Best Master's Degree Colleges for the Money (With Aid) in Michigan ranking, we first consider its average net price, which is the sum of room and board, tuition, and fees minus any financial aid that that the student receives. But, a school that excels in providing value for your money must also be a great school overall as well.
To take this into account we consider a college's overall Best Colleges ranking which itself looks at a collection of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
Find out more about our best value ranking methodology.
Keep scrolling for the top schools in this ranking or select one of the other rankings methods below.
If you know what major you want to study, check out our list of the best value schools by major. If you're interested in other degree levels, you can view one of the lists below.
Learn more about these excellent schools below:
Our 2024 rankings named Michigan State University the best value (with aid) school in Michigan for students working on their master’s degree. Michigan State is a large public school situated in East Lansing, Michigan.
Michigan State University has the honor of being ranked #2 in Michigan for overall quality on top of being a good value.
A rank of #2 on our Best Master’s Degree Colleges for the Money (With Aid) in Michigan list means University of Michigan - Ann Arbor is a great place for students working on their degree. U-M is located in Ann Arbor, Michigan and has a large student population. It is a public school.
Not only is University of Michigan - Ann Arbor a great value, but it is also ranked #1 in Michigan for overall quality.
Learn More About Value at University of Michigan - Ann Arbor
The quality degree programs at University of Michigan - Dearborn helped the school earn the #3 place on this year’s ranking of Best Master’s Degree Colleges for the Money (With Aid) in Michigan. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. It is a public school.
Not only is University of Michigan - Dearborn a great value, but it is also ranked #8 in Michigan for overall quality.
The quality degree programs at Michigan Technological University helped the school earn the #4 place on this year’s ranking of Best Master’s Degree Colleges for the Money (With Aid) in Michigan. Michigan Technological University is a medium-sized public school located in Houghton, Michigan.
In addition to being included on this ranking as a good value, Michigan Technological University is ranked #3 for quality in the state of Michigan.
You’ll be in good company if you decide to attend Oakland University. It ranked #5 on our 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. This fairly large public school is located in Rochester Hills, Michigan.
In addition to being included on this ranking as a good value, Oakland University is ranked #15 for quality in the state of Michigan.
Central Michigan University did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking, coming in at #6. Central Michigan is a fairly large public school situated in Mount Pleasant, Michigan.
Not only is Central Michigan University a great value, but it is also ranked #7 in Michigan for overall quality.
Wayne State University did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking, coming in at #7. Wayne State University is a large public school located in Detroit, Michigan.
Not only is Wayne State University a great value, but it is also ranked #11 in Michigan for overall quality.
Ferris State University ranked #8 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. Located in Big Rapids, Michigan, the school is a fairly large public institution.
In addition to being included on this ranking as a good value, Ferris State University is ranked #20 for quality in the state of Michigan.
Grand Valley State University came in at #9 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Located in Allendale, Michigan, the school is a large public institution.
In addition to being included on this ranking as a good value, Grand Valley State University is ranked #9 for quality in the state of Michigan.
Eastern Michigan University did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking, coming in at #10. Located in Ypsilanti, Michigan, the school is a fairly large public institution.
Not only is Eastern Michigan University a great value, but it is also ranked #14 in Michigan for overall quality.
With a ranking of #11, Saginaw Valley State University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. University Center, Michigan is the setting for this medium-sized institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Saginaw Valley State University is ranked #19 for quality in the state of Michigan.
University of Michigan - Flint landed the #12 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. This medium-sized public school is located in Flint, Michigan.
In addition to being included on this ranking as a good value, University of Michigan - Flint is ranked #25 for quality in the state of Michigan.
University of Detroit Mercy came in at #13 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Located in Detroit, Michigan, the school is a medium-sized private not-for-profit institution.
University of Detroit Mercy has the honor of being ranked #12 in Michigan for overall quality on top of being a good value.
Western Michigan University landed the #14 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Western Michigan University is ranked #6 for quality in the state of Michigan.
Baker College landed the #15 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Located in Owosso, Michigan, the school is a small private not-for-profit institution.
Baker College has the honor of being ranked #26 in Michigan for overall quality on top of being a good value.
Madonna University did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking, coming in at #16. This small private not-for-profit school is located in Livonia, Michigan.
In addition to being included on this ranking as a good value, Madonna University is ranked #16 for quality in the state of Michigan.
Davenport University came in at #17 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Davenport University is a medium-sized private not-for-profit school located in Grand Rapids, Michigan.
Davenport University has the honor of being ranked #17 in Michigan for overall quality on top of being a good value.
Northern Michigan University did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking, coming in at #18. Northern Michigan University is a public institution located in Marquette, Michigan.
In addition to being included on this ranking as a good value, Northern Michigan University is ranked #21 for quality in the state of Michigan.
With a ranking of #19, Siena Heights University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. This small private not-for-profit school is located in Adrian, Michigan.
Not only is Siena Heights University a great value, but it is also ranked #22 in Michigan for overall quality.
Spring Arbor University landed the #20 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Spring Arbor University is a small private not-for-profit school located in Spring Arbor, Michigan.
In addition to being included on this ranking as a good value, Spring Arbor University is ranked #18 for quality in the state of Michigan.
Andrews University ranked #21 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. Andrews is a private not-for-profit institution located in Berrien Springs, Michigan.
In addition to being included on this ranking as a good value, Andrews University is ranked #10 for quality in the state of Michigan.
With a ranking of #22, Calvin University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. Calvin is located in Grand Rapids, Michigan and has a small student population. It is a private not-for-profit school.
Calvin University has the honor of being ranked #5 in Michigan for overall quality on top of being a good value.
With a ranking of #23, Cornerstone University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. This small private not-for-profit school is located in Grand Rapids, Michigan.
Cornerstone University has the honor of being ranked #23 in Michigan for overall quality on top of being a good value.
Concordia University, Ann Arbor ranked #24 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Michigan list. Ann Arbor, Michigan is the setting for this small institution of higher learning. It is a private not-for-profit school.
Concordia University, Ann Arbor has the honor of being ranked #24 in Michigan for overall quality on top of being a good value.
Kettering University landed the #25 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Michigan ranking. Kettering is a small private not-for-profit school situated in Flint, Michigan.
Not only is Kettering University a great value, but it is also ranked #4 in Michigan for overall quality.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.