The most affordable HBCUs

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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81 Results (Showing 20 of 81)

  • 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.

Earningsplus: The difference between the school’s median earnings and the median earnings for all schools in the same state.

Rankings: The ranking order is based on the economic score. The economic score is calculated using a school’s payback and earningsplus performance.

Net cost
Payback
Earnings
EarningsPlus
Rankings
Ranking methodology
#1 in Most Affordable Schools | #1 in Historically Black College or University

Elizabeth City State University

Elizabeth City, North Carolina

Economic score: 1.01

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $2,350

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: Under a year

Average time in years to pay back educational costs.

Earnings: $35,274

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $6,797

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 75%
Graduation rate: 46%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#2 in Most Affordable Schools | #2 in Historically Black College or University

Fayetteville State University

Fayetteville, North Carolina

Economic score: 2.24

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $5,899

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.9 years

Average time in years to pay back educational costs.

Earnings: $36,409

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,662

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 80%
Graduation rate: 44%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#3 in Most Affordable Schools | #4 in Historically Black College or University

North Carolina A & T State University

Greensboro, North Carolina

Economic score: 2.65

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $10,274

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.6 years

Average time in years to pay back educational costs.

Earnings: $41,157

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $914

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 57%
Graduation rate: 54%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#4 in Most Affordable Schools | #5 in Historically Black College or University

Winston-Salem State University

Winston-Salem, North Carolina

Economic score: 3.75

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $12,286

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.4 years

Average time in years to pay back educational costs.

Earnings: $38,584

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,487

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 73%
Graduation rate: 63%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#5 in Most Affordable Schools | #12 in Historically Black College or University

Norfolk State University

Norfolk, Virginia

Economic score: 4.86

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $12,645

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.5 years

Average time in years to pay back educational costs.

Earnings: $39,696

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,288

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 92%
Graduation rate: 45%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#6 in Most Affordable Schools | #9 in Historically Black College or University

Delaware State University

Dover, Delaware

Economic score: 4.02

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $12,995

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.6 years

Average time in years to pay back educational costs.

Earnings: $42,994

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,630

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 40%
Graduation rate: 44%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#7 in Most Affordable Schools | #16 in Historically Black College or University

Jackson State University

Jackson, Mississippi

Economic score: 5.93

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $14,484

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.9 years

Average time in years to pay back educational costs.

Earnings: $34,946

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $6,924

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 90%
Graduation rate: 48%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#8 in Most Affordable Schools | #14 in Historically Black College or University

Prairie View A & M University

Prairie View, Texas

Economic score: 5.26

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $14,582

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.7 years

Average time in years to pay back educational costs.

Earnings: $40,354

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $4,593

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 77%
Graduation rate: 44%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#9 in Most Affordable Schools | #15 in Historically Black College or University

North Carolina Central University

Durham, North Carolina

Economic score: 5.51

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $14,732

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.8 years

Average time in years to pay back educational costs.

Earnings: $36,546

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,525

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 88%
Graduation rate: 47%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#10 in Most Affordable Schools | #7 in Historically Black College or University

Florida Agricultural and Mechanical University

Tallahassee, Florida

Economic score: 3.95

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $15,060

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.8 years

Average time in years to pay back educational costs.

Earnings: $42,521

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,200

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 33%
Graduation rate: 56%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#11 in Most Affordable Schools | #6 in Historically Black College or University

Bowie State University

Bowie, Maryland

Economic score: 3.95

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $15,934

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.6 years

Average time in years to pay back educational costs.

Earnings: $49,154

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,198

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 82%
Graduation rate: 50%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#12 in Most Affordable Schools | #25 in Historically Black College or University

Mississippi Valley State University

Itta Bena, Mississippi

Economic score: 12.15

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $16,394

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 8.6 years

Average time in years to pay back educational costs.

Earnings: $29,502

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $12,368

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 83%
Graduation rate: 51%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#13 in Most Affordable Schools | #18 in Historically Black College or University

University of Maryland Eastern Shore

Princess Anne, Maryland

Economic score: 7.13

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $16,980

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 5.4 years

Average time in years to pay back educational costs.

Earnings: $41,252

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $13,100

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 63%
Graduation rate: 44%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#14 in Most Affordable Schools | #28 in Historically Black College or University

Voorhees College

Denmark, South Carolina

Economic score: 14.20

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $17,113

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 9.9 years

Average time in years to pay back educational costs.

Earnings: $30,903

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $13,382

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: N/A
Graduation rate: 46%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#15 in Most Affordable Schools | #20 in Historically Black College or University

Dillard University

New Orleans, Louisiana

Economic score: 7.52

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $17,128

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 6.1 years

Average time in years to pay back educational costs.

Earnings: $37,014

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $8,928

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 66%
Graduation rate: 45%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#16 in Most Affordable Schools | #17 in Historically Black College or University

Morgan State University

Baltimore, Maryland

Economic score: 6.86

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $17,619

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 5.4 years

Average time in years to pay back educational costs.

Earnings: $43,075

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $11,277

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 74%
Graduation rate: 45%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#17 in Most Affordable Schools | #26 in Historically Black College or University

Wiley College

Marshall, Texas

Economic score: 13.13

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $17,666

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 9.6 years

Average time in years to pay back educational costs.

Earnings: $32,763

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $12,184

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: N/A
Graduation rate: 54%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#18 in Most Affordable Schools | #21 in Historically Black College or University

Lincoln University

Lincoln University, Pennsylvania

Economic score: 8.29

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $17,731

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 6 years

Average time in years to pay back educational costs.

Earnings: $38,652

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $14,926

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 91%
Graduation rate: 50%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#19 in Most Affordable Schools | #24 in Historically Black College or University

Claflin University

Orangeburg, South Carolina

Economic score: 10.95

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $18,136

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 8.2 years

Average time in years to pay back educational costs.

Earnings: $33,325

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $10,960

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 66%
Graduation rate: 51%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

#20 in Most Affordable Schools | #27 in Historically Black College or University

Grambling State University

Grambling, Louisiana

Economic score: 14.04

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $18,516

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 10.4 years

Average time in years to pay back educational costs.

Earnings: $33,961

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $11,981

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 94%
Graduation rate: 45%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

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