Five of the Cheapest Online Universities

For most students the costs to attend or study at a university determines whether or not they will pursue an education.  Luckily, online education is frequently cheaper than traditional education; however tuition and fees can still have a large price tag. Tuition is typically based on a semester rate or by credit hour.  Fees can range anywhere from book costs, application fees, library fees and registration fees. When selecting a college it is important to know what is included in the tuition and what is not. Before you start wondering how you will afford your online education, check out the list below of the five cheapest accredited online universities that won’t rob your bank:

1.Aspen University: A typical price tag for a credit hour can range anywhere between $500 to $600 for a bachelor’s or master’s hour; however compared to many other universities, Aspen University offers a price of $250-$300 per credit hour. This is a steal for an accredited degree. Thirty hours of study only runs the student $7,500 which is a small price to pay for a career which can earn you $100,000. Aspen University boasts about its flexible payment and financial aid options to ensure that every student has the opportunity to earn an accredited degree.

2.Soutwest University: Accredited by the DETC (Accrediting Commission of the Distance Education and Training Council), Southwest University offers students degree programs that cost significantly less than comparable degree programs offered at other private institutions. With a rate of $250 per semester hour and requiring 30 hours, Southwest’s tuition is equals Aspen’s rate of $7,500.

3.Grand Canyon University: As of November 2009, Grand Canyon University made the list of top 25 online colleges. The Online College Rankings considered accreditation, cost of tuition and books, student feed and more. Not only in the top rankings, Grand Canyon University also offers a great curriculum at a low cost.  With $250 per credit hour for undergrad and $350 for graduate programs, a student can learn an outstanding accredited degree from Grand Canyon University.

4.Andrew Jackson University: When started in 1994, Andrew Jackson University mission was to be an accessible and affordable school. It has achieved both accessibility with its online options and affordability with its $350 per credit hour. Without breaking the bank, students can earn accredited degrees at AJU.

5.Western Governor’s University: Instead of being charged per credit hour, Western Governor’s University charges tuition at a flat rate every 6 months. Compare with other universities, WGU’s $23,120 per 6 months is significantly lower that then the typical 6 month equivalent in credit hours (about $50,000).  Aside from low tuition fees, WGU offers nationally and regionally accredited online bachelor’s and master’s degrees specifically designed for working professionals.

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