by our College Data Analytics TeamWhen pursuing a degree in today's world, there are many different options to choose from. College Factual has developed its Best Master's Degree Colleges for the Money (With Aid) in Maryland ranking as one thing you can use to help make this decision. A school that typically has a high sticker price may actually be very affordable, depending on how much need-based financial aid you receive.
See What's Included in This Value Report:
Our analysis looked at 18 schools in Maryland to determine which ones have the best value Master's Degree programs. Instead of depending on subjective information to rank the best value schools, we focus on objective factors in our analysis. We explain more about what we look at and why we do so below.
To calculate the value of a school in our Best Master's Degree Colleges for the Money (With Aid) in Maryland 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 account for this we include a school's overall Best Colleges ranking which itself looks at a combination of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
We go into more detail on these factors on our best value ranking methodology page.
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 University of Maryland - Baltimore County the best value (with aid) school in Maryland for students working on their master’s degree. UMBC is a public institution located in Baltimore, Maryland.
University of Maryland - Baltimore County has the honor of being ranked #3 in Maryland for overall quality on top of being a good value.
You’ll be in good company if you decide to attend Johns Hopkins University. It ranked #2 on our 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. Johns Hopkins University is a large private not-for-profit school located in Baltimore, Maryland.
Johns Hopkins University has the honor of being ranked #1 in Maryland for overall quality on top of being a good value.
Out of the 18 master’s degree schools in Maryland that were part of this year’s ranking, University of Maryland - College Park landed the #3 spot on the list. UMCP is a large public school situated in College Park, Maryland.
Not only is University of Maryland - College Park a great value, but it is also ranked #2 in Maryland for overall quality.
Learn More About Value at University of Maryland - College Park
The quality degree programs at Towson 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 Maryland. Towson, Maryland is the setting for this large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Towson University is ranked #6 for quality in the state of Maryland.
You’ll be in good company if you decide to attend Coppin State University. It ranked #5 on our 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. Coppin is located in Baltimore, Maryland and has a small student population. It is a public school.
Not only is Coppin State University a great value, but it is also ranked #18 in Maryland for overall quality.
University of Maryland Global Campus ranked #6 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. UMGC is a public institution located in Adelphi, Maryland.
Not only is University of Maryland Global Campus a great value, but it is also ranked #4 in Maryland for overall quality.
Salisbury University came in at #7 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking. Salisbury University is a medium-sized public school located in Salisbury, Maryland.
Salisbury University has the honor of being ranked #7 in Maryland for overall quality on top of being a good value.
Goucher College landed the #8 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking. Baltimore, Maryland is the setting for this small institution of higher learning. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Goucher College is ranked #8 for quality in the state of Maryland.
University of Baltimore did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking, coming in at #9. UB is a small public school situated in Baltimore, Maryland.
In addition to being included on this ranking as a good value, University of Baltimore is ranked #13 for quality in the state of Maryland.
Bowie State University did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking, coming in at #10. Bowie State University is a medium-sized public school situated in Bowie, Maryland.
In addition to being included on this ranking as a good value, Bowie State University is ranked #17 for quality in the state of Maryland.
Frostburg State University ranked #11 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. Frostburg State is a public institution located in Frostburg, Maryland.
Frostburg State University has the honor of being ranked #15 in Maryland for overall quality on top of being a good value.
With a ranking of #12, Morgan State University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. Morgan State is located in Baltimore, Maryland and has a medium-sized student population. It is a public school.
Not only is Morgan State University a great value, but it is also ranked #16 in Maryland for overall quality.
McDaniel College did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking, coming in at #13. This small private not-for-profit school is located in Westminster, Maryland.
In addition to being included on this ranking as a good value, McDaniel College is ranked #11 for quality in the state of Maryland.
Hood College came in at #14 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking. Hood is located in Frederick, Maryland and has a small student population. It is a private not-for-profit school.
Not only is Hood College a great value, but it is also ranked #10 in Maryland for overall quality.
Mount St Mary’s University ranked #15 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. The Mount is located in Emmitsburg, Maryland and has a small student population. It is a private not-for-profit school.
Not only is Mount St Mary’s University a great value, but it is also ranked #12 in Maryland for overall quality.
With a ranking of #16, Notre Dame of Maryland University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. Located in Baltimore, Maryland, the school is a small private not-for-profit institution.
Not only is Notre Dame of Maryland University a great value, but it is also ranked #9 in Maryland for overall quality.
Stevenson University ranked #17 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Maryland list. Located in Stevenson, Maryland, the school is a small private not-for-profit institution.
Not only is Stevenson University a great value, but it is also ranked #14 in Maryland for overall quality.
Loyola University Maryland came in at #18 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Maryland ranking. Baltimore, Maryland is the setting for this medium-sized institution of higher learning. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Loyola University Maryland is ranked #5 for quality in the state of Maryland.
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Footnotes
*These averages are for the top 18 schools only.
More about our data sources and methodologies.