How much does it cost to get a bachelor's degree? | edX

How much does it cost to get a bachelor’s degree?Written by: Ashley Kimler, Edited by: Emma BreitmanPublished: May 19, 2025Wondering how much a bachelor's degree will really cost you? The price tag varies depending on where you study and how you pay for it. Keep reading to explore the costs, financing options, and tips to make the most of your investment in your education.How much does a bachelor's degree cost?The cost of a bachelor's degree depends on several factors.According to the National Center for Education Statistics (NCES), during the 2022-23 school year the average tuition and fees of a bachelor's degree for full-time students living on campus was $27,100 per year at public institutions and $58,600 at private nonprofit institutions.Beyond tuition, students often face additional costs for:BooksSuppliesHousingMealsTransportationOther feesThese can add thousands of dollars to the total cost each year.Many students qualify for financial aid through scholarships, grants, and federal student loans, which can significantly reduce out-of-pocket costs.Online bachelor's degree programs tend to cost less than traditional campus-based programs, especially when you factor in the savings on commuting and living expenses.Paying for an online bachelor's degreeFinancing an online bachelor's degree can be more affordable, thanks to various options. Below are some common ways to pay for your degree.ScholarshipsScholarships are merit-based or need-based awards that do not require repayment. Many are offered by schools, private organizations, and companies. Be sure to research scholarships specific to your field of study or location to help lower the cost of your degree.Federal student aidYou can apply for federal student aid using the Free Application for Federal Student Aid (FAFSA) which can qualify you for grants, work-study, and federal loans. There are also federal financial aid options available for specific groups like veterans and international students.Grants and work-study options do not require repayment, however loans do.Private student loansPrivate student loans can cover additional education costs when federal aid isn't enough. These loans may have higher interest rates and stricter terms than federal loans, so it's important to compare options carefully to find the best deal.Employer tuition assistanceSome employers offer tuition assistance or reimbursement programs to help cover the cost of your online degree. Check with your employer to see if they provide funding for continuing education and how to apply for assistance, which may help reduce your out-of-pocket expenses.Explore bachelor's degreesPrestigiousDiscover degrees from leading universities.Online flexibilityUsing innovative technology, our programs transform the undergraduate learning experience, offering flexibility and community online.Collaborative connectionsAll online programs allow you to collaborate with peers and faculty while exploring your passions and developing in-demand skills.Common questions about bachelor's degreesWhat is the cheapest price to pay for an online bachelor's degree?The NCES reports that the lowest average tuition and fees for a bachelor's degree was $9,834 per year at public four-year institutions.Is a bachelor's degree worth it?Yes, a bachelor's degree can significantly increase your earning potential. According to the Bureau of Labor Statistics, as of 2023, individuals with a bachelor's degree earn, on average, more than those with lower levels of education.What can I do with a bachelor's degree?A bachelor's degree can open doors to a variety of career opportunities. Graduates can work in fields like business, technology, education, healthcare, and the arts, among others.Online LearningShare this articleShare on FacebookShare on XShare on LinkedinShare on Email