The most affordable HBCUs best-colleges

HBCUs are sorted according to the average cost for students that receive at least $1 in federal aid. To be included on this list, the median student must show a positive return on educational investment, meaning that earnings are greater than they would otherwise be, on average, with just a high school diploma.

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82 Results (Showing 20 of 82)

  • gray-circle Historically Black College or University
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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.

Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.

Net cost
Earnings
Payback
Degree premium
Rankings
Ranking methodology
#1 in Historically Black College or University

Elizabeth City State University

Elizabeth City, North Carolina

Admission rate: 75%

Grad rate: 46%

Net cost: $2,350

Payback: Under a year

Earnings: $35,274

Vs. state average: - $6,797

Economic score: 1.01

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#2 in Historically Black College or University

Fayetteville State University

Fayetteville, North Carolina

Admission rate: 80%

Grad rate: 44%

Net cost: $5,899

Payback: 1.9 Years

Earnings: $36,409

Vs. state average: - $5,662

Economic score: 2.24

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#4 in Historically Black College or University

North Carolina A & T State University

Greensboro, North Carolina

Admission rate: 57%

Grad rate: 54%

Net cost: $10,274

Payback: 2.6 Years

Earnings: $41,157

Vs. state average: - $914

Economic score: 2.65

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#5 in Historically Black College or University

Winston-Salem State University

Winston-Salem, North Carolina

Admission rate: 73%

Grad rate: 63%

Net cost: $12,286

Payback: 3.4 Years

Earnings: $38,584

Vs. state average: - $3,487

Economic score: 3.75

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#12 in Historically Black College or University

Norfolk State University

Norfolk, Virginia

Admission rate: 92%

Grad rate: 45%

Net cost: $12,645

Payback: 4.5 Years

Earnings: $39,696

Vs. state average: - $3,288

Economic score: 4.86

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#9 in Historically Black College or University

Delaware State University

Dover, Delaware

Admission rate: 40%

Grad rate: 44%

Net cost: $12,995

Payback: 3.6 Years

Earnings: $42,994

Vs. state average: - $5,630

Economic score: 4.02

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#16 in Historically Black College or University

Jackson State University

Jackson, Mississippi

Admission rate: 90%

Grad rate: 48%

Net cost: $14,484

Payback: 4.9 Years

Earnings: $34,946

Vs. state average: - $6,924

Economic score: 5.93

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#14 in Historically Black College or University

Prairie View A & M University

Prairie View, Texas

Admission rate: 77%

Grad rate: 44%

Net cost: $14,582

Payback: 4.7 Years

Earnings: $40,354

Vs. state average: - $4,593

Economic score: 5.26

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#15 in Historically Black College or University

North Carolina Central University

Durham, North Carolina

Admission rate: 88%

Grad rate: 47%

Net cost: $14,732

Payback: 4.8 Years

Earnings: $36,546

Vs. state average: - $5,525

Economic score: 5.51

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#7 in Historically Black College or University

Florida Agricultural and Mechanical University

Tallahassee, Florida

Admission rate: 33%

Grad rate: 56%

Net cost: $15,060

Payback: 3.8 Years

Earnings: $42,521

Vs. state average: - $2,200

Economic score: 3.95

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#6 in Historically Black College or University

Bowie State University

Bowie, Maryland

Admission rate: 82%

Grad rate: 50%

Net cost: $15,934

Payback: 3.6 Years

Earnings: $49,154

Vs. state average: - $5,198

Economic score: 3.95

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#26 in Historically Black College or University

Mississippi Valley State University

Itta Bena, Mississippi

Admission rate: 83%

Grad rate: 51%

Net cost: $16,394

Payback: 8.6 Years

Earnings: $29,502

Vs. state average: - $12,368

Economic score: 12.15

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#18 in Historically Black College or University

University of Maryland Eastern Shore

Princess Anne, Maryland

Admission rate: 63%

Grad rate: 44%

Net cost: $16,980

Payback: 5.4 Years

Earnings: $41,252

Vs. state average: - $13,100

Economic score: 7.13

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#29 in Historically Black College or University

Voorhees College

Denmark, South Carolina

Admission rate: N/A

Grad rate: 46%

Net cost: $17,113

Payback: 9.9 Years

Earnings: $30,903

Vs. state average: - $13,382

Economic score: 14.20

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#20 in Historically Black College or University

Dillard University

New Orleans, Louisiana

Admission rate: 66%

Grad rate: 45%

Net cost: $17,128

Payback: 6.1 Years

Earnings: $37,014

Vs. state average: - $8,928

Economic score: 7.52

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#17 in Historically Black College or University

Morgan State University

Baltimore, Maryland

Admission rate: 74%

Grad rate: 45%

Net cost: $17,619

Payback: 5.4 Years

Earnings: $43,075

Vs. state average: - $11,277

Economic score: 6.86

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#27 in Historically Black College or University

Wiley College

Marshall, Texas

Admission rate: N/A

Grad rate: 54%

Net cost: $17,666

Payback: 9.6 Years

Earnings: $32,763

Vs. state average: - $12,184

Economic score: 13.13

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#22 in Historically Black College or University

Lincoln University

Lincoln University, Pennsylvania

Admission rate: 91%

Grad rate: 50%

Net cost: $17,731

Payback: 6.0 Years

Earnings: $38,652

Vs. state average: - $14,926

Economic score: 8.29

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#25 in Historically Black College or University

Claflin University

Orangeburg, South Carolina

Admission rate: 66%

Grad rate: 51%

Net cost: $18,136

Payback: 8.2 Years

Earnings: $33,325

Vs. state average: - $10,960

Economic score: 10.95

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#28 in Historically Black College or University

Grambling State University

Grambling, Louisiana

Admission rate: 94%

Grad rate: 45%

Net cost: $18,516

Payback: 10.4 Years

Earnings: $33,961

Vs. state average: - $11,981

Economic score: 14.04

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