How Much Does an Online Master’s Degree Cost?

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how much does online master's degree cost
An online master's degree can cost anywhere from a few thousand dollars to over $50,000 per year. The price depends on the school, the field of study, and how long the program takes.

An online master’s degree can cost anywhere from a few thousand dollars to over $50,000 per year. The price depends on the school, the field of study, and how long the program takes.

Business, technology, education, and healthcare programs all price differently, and well-known schools often charge more. Fees for books, software, and exams add to the total. Always ask for the full cost of the program, not just a per-credit figure.

Financial aid can bring the price down. The FAFSA is the standard first step for federal grants and loans. Scholarships, grants, and employer tuition help are also common. Start with scholarship opportunities and affordable online master’s degrees when you research.

Think about return as well as cost. The Bureau of Labor Statistics reported for 2025 that master’s degree holders earned a median of $1,876 per week, versus $1,578 for bachelor’s holders, and faced lower unemployment (2.6% versus 2.8%). Payoff varies by field and experience.

Pick a program with recognized accreditation, compare full prices, and apply for aid early. Programs with flexible payment plans can also ease the monthly burden. Note that Continents International University, described on this site as offering online programs, is not accredited; it holds IACBE business-program candidacy granted July 2024, which is not accreditation.

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