by our College Data Analytics TeamWhen pursuing a degree in today's world, there are many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our Best Master's Degree Colleges for the Money in Minnesota ranking is one tool we have developed to help in this regard.
See What's Included in This Value Report:
We analyzed 20 schools across Minnesota to determine which 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. More specifically, the following explains what we consider and why.
To determine the value of a school in our Best Master's Degree Colleges for the Money in Minnesota ranking, we first add average tuition, fees, and room and board costs (without aid) together. 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 consider a school's overall Best Colleges ranking which itself looks at a combination of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
To learn more, visit 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 Walden University the best value (no aid) school in Minnesota for students working on their master’s degree. Walden University is a private for-profit institution located in Minneapolis, Minnesota.
In addition to being included on this ranking as a good value, Walden University is ranked #3 for quality in the state of Minnesota. The average cost to attend the school for graduate students if you don’t receive any aid is $19,931 a year.
A rank of #2 on our Best Master’s Degree Colleges for the Money in Minnesota list means Capella University is a great place for students working on their degree. Located in Minneapolis, Minnesota, the school is a large private for-profit institution.
In addition to being included on this ranking as a good value, Capella University is ranked #4 for quality in the state of Minnesota. The average cost without aid for the school is $20,784 per year for graduate students.
Out of the 20 master’s degree schools in Minnesota that were part of this year’s ranking, Hamline University landed the #3 spot on the list. Hamline University is a small private not-for-profit school located in Saint Paul, Minnesota.
In addition to being included on this ranking as a good value, Hamline University is ranked #5 for quality in the state of Minnesota. The average cost to attend the school for graduate students if you don’t receive any aid is $21,382 a year.
You’ll be in good company if you decide to attend Winona State University. It ranked #4 on our 2024 Best Master’s Degree Colleges for the Money in Minnesota list. This medium-sized public school is located in Winona, Minnesota.
In addition to being included on this ranking as a good value, Winona State University is ranked #10 for quality in the state of Minnesota. The average cost to attend the school for graduate students if you don’t receive any aid is $18,026 a year.
Out of the 20 master’s degree schools in Minnesota that were part of this year’s ranking, Minnesota State University - Mankato landed the #5 spot on the list. Located in Mankato, Minnesota, the school is a fairly large public institution.
Not only is Minnesota State University - Mankato a great value, but it is also ranked #9 in Minnesota for overall quality. The average cost to attend the school for graduate students if you don’t receive any aid is $19,506 a year.
Read full value report on Minnesota State University - Mankato
With a ranking of #6, Saint Mary’s University of Minnesota did quite well on the 2024 Best Master’s Degree Colleges for the Money in Minnesota list. SMU MN is located in Winona, Minnesota and has a small student population. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Saint Mary’s University of Minnesota is ranked #8 for quality in the state of Minnesota. The average cost to attend the school for graduate students if you don’t receive any aid is $20,810 a year.
University of Minnesota - Twin Cities landed the #7 spot on the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking. Minneapolis, Minnesota is the setting for this large institution of higher learning. It is a public school.
University of Minnesota - Twin Cities has the honor of being ranked #1 in Minnesota for overall quality on top of being a good value. The average cost without aid for the school is $30,428 per year for graduate students.
Bethel University Minnesota landed the #8 spot on the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota.
In addition to being included on this ranking as a good value, Bethel University Minnesota is ranked #6 for quality in the state of Minnesota. The average cost to attend the school for graduate students if you don’t receive any aid is $22,850 a year.
With a ranking of #9, Saint Cloud State University did quite well on the 2024 Best Master’s Degree Colleges for the Money in Minnesota list. St. Cloud State University is a fairly large public school situated in Saint Cloud, Minnesota.
In addition to being included on this ranking as a good value, Saint Cloud State University is ranked #13 for quality in the state of Minnesota. The average cost without aid for the school is $18,539 per year for graduate students.
Southwest Minnesota State University did quite well in the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking, coming in at #10. Southwest Minnesota State University is a medium-sized public school located in Marshall, Minnesota.
In addition to being included on this ranking as a good value, Southwest Minnesota State University is ranked #17 for quality in the state of Minnesota. The average cost without aid for the school is $17,844 per year for graduate students.
Read full value report on Southwest Minnesota State University
Minnesota State University - Moorhead ranked #11 on this year’s Best Master’s Degree Colleges for the Money in Minnesota list. Minnesota State University - Moorhead is a medium-sized public school located in Moorhead, Minnesota.
In addition to being included on this ranking as a good value, Minnesota State University - Moorhead is ranked #15 for quality in the state of Minnesota. The average cost without aid for the school is $20,882 per year for graduate students.
Concordia University, Saint Paul did quite well in the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking, coming in at #12. Concordia University, Saint Paul is located in Saint Paul, Minnesota and has a medium-sized student population. It is a private not-for-profit school.
Concordia University, Saint Paul has the honor of being ranked #18 in Minnesota for overall quality on top of being a good value. The average cost to attend the school for graduate students if you don’t receive any aid is $18,450 a year.
With a ranking of #13, Crown College did quite well on the 2024 Best Master’s Degree Colleges for the Money in Minnesota list. Crown is located in Saint Bonifacius, Minnesota and has a small student population. It is a private not-for-profit school.
Crown College has the honor of being ranked #16 in Minnesota for overall quality on top of being a good value. The average cost to attend the school for graduate students if you don’t receive any aid is $20,120 a year.
With a ranking of #14, The College of Saint Scholastica did quite well on the 2024 Best Master’s Degree Colleges for the Money in Minnesota list. St. Scholastica is located in Duluth, Minnesota and has a small student population. It is a private not-for-profit school.
The College of Saint Scholastica has the honor of being ranked #7 in Minnesota for overall quality on top of being a good value. The average cost without aid for the school is $26,198 per year for graduate students.
Augsburg University landed the #15 spot on the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking. Augsburg is a private not-for-profit institution located in Minneapolis, Minnesota.
Not only is Augsburg University a great value, but it is also ranked #11 in Minnesota for overall quality. The average cost to attend the school for graduate students if you don’t receive any aid is $24,722 a year.
Metropolitan State University landed the #16 spot on the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. It is a public school.
Not only is Metropolitan State University a great value, but it is also ranked #19 in Minnesota for overall quality. The average cost to attend the school for graduate students if you don’t receive any aid is $21,881 a year.
Bemidji State University came in at #17 in this year’s edition of the Best Master’s Degree Colleges for the Money in Minnesota ranking. Located in Bemidji, Minnesota, the school is a small public institution.
In addition to being included on this ranking as a good value, Bemidji State University is ranked #20 for quality in the state of Minnesota. The average cost to attend the school for graduate students if you don’t receive any aid is $18,746 a year.
University of St Thomas Minnesota came in at #18 in this year’s edition of the Best Master’s Degree Colleges for the Money in Minnesota ranking. UST MN is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota.
University of St Thomas Minnesota has the honor of being ranked #2 in Minnesota for overall quality on top of being a good value. The average cost without aid for the school is $35,548 per year for graduate students.
St Catherine University landed the #19 spot on the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking. St. Kate’s is a small private not-for-profit school situated in Saint Paul, Minnesota.
In addition to being included on this ranking as a good value, St Catherine University is ranked #12 for quality in the state of Minnesota. The average cost without aid for the school is $27,360 per year for graduate students.
University of Minnesota - Duluth landed the #20 spot on the 2024 Best Master’s Degree Colleges for the Money in Minnesota ranking. University of Minnesota - Duluth is a medium-sized public school located in Duluth, Minnesota.
University of Minnesota - Duluth has the honor of being ranked #14 in Minnesota for overall quality on top of being a good value. The average cost to attend the school for graduate students if you don’t receive any aid is $28,088 a year.
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Footnotes
*These averages are for the top 20 schools only.
More about our data sources and methodologies.