Master’s programs with very low total costs exist, mostly at public universities with low per-credit graduate tuition. For example, OnlineCollegePlan has cited Fort Hays State University, Wayne State College, and the University of West Georgia as schools with average graduate program costs under $5,000. Prices change, so confirm current figures with each school before you apply.
Low cost does not remove the need for due diligence. Check accreditation through an agency recognized by the U.S. Department of Education. Compare the full cost, including fees, books, and any in-person requirements. Ask about financial aid, scholarships, and employer tuition help, since even low-cost programs may qualify.
Also check the format. Self-paced online courses suit working students, but some programs require live sessions, exams at set times, or in-person components. Make sure the schedule fits your life.
The earlier version of this article claimed that MBA, M.Ed., MSN, MPA, and MSIT programs were each available for under $5,000 and described placeholder programs A, B, and C. Those claims could not be verified and have been removed.
Related reading: accredited online master’s degrees, financial aid options for online degrees, scholarship opportunities, and affordable, accredited online degree programs.

