Best Affordable Online Business Degree Programs of 2025
We compiled a list of business programs that offer both affordable tuition and strong outcomes for students.
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At a Glance: BestColleges’ Top Affordable Online Business Degrees
- #1: George Mason University — High financial aid figures help cut down the price of this respected online business program.
- #2: University of North Texas — UNT offers the same affordable price to both in-state and out-of-state students.
- #3: The Pennsylvania State University — Penn State has a low net price after aid and highly flexible learning options for students.
Pursuing an online bachelor’s degree in business doesn’t have to drain your wallet.
For this list, we used federal data to find online business degree programs that are both affordable and have strong outcomes for students.
Specifically, we looked at factors like how many students receive financial aid and annual net price, as well as the graduation rate and the debt burden of graduates.
Our goal is to help you find the program that works best for your needs and budget.
Top Affordable Online Business Degrees
How We Rank Schools
George Mason University
- Fairfax, VA
- 4 year
- Campus + Online
- Accredited
Why GMU Made Our List
An online business degree from GMU is anything but cheap on paper. The bachelor’s in business program at GMU's Costello College of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and costs $558 per credit hour for Virginia residents and $1,565 per credit hour for non-Virginia residents.
But the school is more affordable than you might think: The vast majority of students receive financial aid, and the average annual net price after aid is roughly $19,000.
Why Attend GMU
- Lower Cost After Aid: While the price tag of a GMU degree is high, you can drastically reduce this cost by taking advantage of generous financial aid opportunities.
- High-Demand Concentrations Available: In GMU's online business program, you'll get access to eight concentrations in fast-growing fields like information systems, supply chain management, and business analytics.
- Most Students Receive Aid: At least 80% of students receive financial aid, according to the latest data.
Know Before You Go
- High Cost Without Aid: While most students receive aid, those who don't will likely face high costs: The cost of a degree for out-of-state students without aid can be more than $100,000.
- Blend of Synchronous and Asynchronous Courses: Some courses offered online are synchronous, meaning you'll need to log in at a specific time each week. This may make it hard if you have a strict work schedule.
High Admission Rate: GMU admits around 9 in 10 applicants, so you may not have too much trouble getting accepted.
70%
$10,092
87%
$34,260
- Acceptance Rate
- 89%
- Students Enrolled
- 39,528
- Institution Type
- Public
University of North Texas
- Denton, TX
- 4 year
- Campus + Online
- Accredited
Why UNT Made Our List
UNT's online BS in general business program costs $330 per credit hour, with 120 credit hours required to earn your degree. That comes to a total of around $40,000 for your time at the AACSB-accredited G. Brint Ryan College of Business — though that figure can drop significantly with financial aid.
At UNT, you can get a holistic look at the business world with classes in information systems and business analytics. You can also hone in-demand skills needed for various industries.
Why Attend UNT
- Affordable Regardless of Location: UNT's online business degree charges a flat rate of $330 per credit, whether you live in Texas or a different state.
- Low Cost After Aid: Annual costs for attending UNT run an average of just under $15,000 after aid. This makes UNT the most affordable school on our list.
- Most Students Get Aid: An overwhelming majority of UNT students, 91%, receive aid. That's the highest percentage of all the schools on our list.
Know Before You Go
- Internship Opportunities Available: UNT connects online business students with paid internship opportunities, so you can network while learning the skills you need to succeed.
- Lower Graduation Rate: At 60% across degree types, UNT has the lowest graduation rate of the schools on our list.
Good Social Mobility: More than half of students across all income levels finish their UNT degree within four years.
69%
$ 8,404
77%
$21,004
- Acceptance Rate
- 72%
- Students Enrolled
- 47,507
- Institution Type
- Public
The Pennsylvania State University
- University Park, PA
- 4 year
- Campus + Online
- Accredited
Why Penn State Made Our List
Penn State's online BS in business program is another highly affordable degree option. Most Penn State students receive financial aid, reducing the annual net price of attendance to just over $24,000. That affordable price accompanies high-demand curricula in areas like supply chain management and analytics.
Penn State's Smeal College of Business is also accredited by the AACSB.
Why Attend Penn State
- High Graduation Rate: At 72%, the school's graduation rate is tied for the highest rate on our list.
- Individualized Learning: You can create an individualized learning pathway and select electives based on your career goals.
- Plenty of Specializations Available: Penn State offers many business specializations in areas like health services, entrepreneurship, and more.
Know Before You Go
- Tuition Depends on Credits: If you have 60 or more credits, you'll pay $678 per credit. If you have 59 or fewer credits, that price falls to $632 per credit.
- Higher Tuition After Aid: At just over $24,000, Penn State's average annual net price after aid is the highest of those for schools on our list.
Major Prerequisites: To declare a major in business, you must have completed both ECON 102 and at least one math course from a selection of seven with a grade of C or higher. You must also be in at least your third semester and have at least a 2.0 GPA for all of your college-level courses.
54%
$15,400
87%
$25,084
- Acceptance Rate
- 92%
- Students Enrolled
- 88,914
- Institution Type
- Public
Auburn University at Montgomery
- Montgomery, AL
- 4 year
- Campus + Online
- Accredited
Why AUM Made Our List
AUM's online BS in business administration is highly customizable, letting you tailor the general business program's curriculum to your career goals. At just $368 per credit for in-state students and $389 per credit for out-of-state students, AUM's business program will run you around $44,000-$47,000 for all four years.
The College of Business is accredited by the AACSB, ensuring you receive a high-quality education.
Why Attend AUM
- Flexible Focus: AUM designs its online degree programs for adults who are working full time. This means you won't have to put your career on hold to pursue your degree.
- High Graduation Rate: At 72%, AUM's graduation rate ties with Penn State's for the highest rate on our list.
- General Business Major: AUM's general business major gives you a broad look at the business landscape but also includes electives so you can hone your skills in niche areas that interest you.
Know Before You Go
- Cost Cut Down by Aid: Average annual tuition and fees fall to roughly $15,000 after financial aid. And almost all students, 99%, are awarded some type of aid.
- Accessible Admissions: AUM has a first-year admission rate of 93%, making it the easiest school to get into on our list.
Fewer Specializations Available: While its general business major touches on many important aspects of the field, AUM doesn't offer as many specialized tracks as other online business programs on this list do.
61%
$ 8,568
66%
$19,224
- Acceptance Rate
- 93%
- Students Enrolled
- 5,190
- Institution Type
- Public
Missouri State University-Springfield
- Springfield, MO
- 4 year
- Campus + Online
- Accredited
Why Missouri State Made Our List
Missouri State's online BS in general business program has a broad focus, teaching you everything from accounting to human resources. Housed in Missouri State's AACSB-accredited College of Business, the undergraduate business program is highly affordable, with an average annual net price of around $17,000 after financial aid.
Why Attend Missouri State
- Customize With Electives: While the business degree has a broad focus as a whole, you can customize your program with electives. Missouri State offers a wide range of electives in various industries and specializations, such as labor law, insurance, and project management.
- Ample Online Student Support: The university offers plenty of virtual support, including research and writing assistance, to online students, making it easier to succeed.
- Most Students Get Aid: 94% of students receive financial aid, which is the second-highest rate of all schools on our list.
Know Before You Go
- Broad Business Focus: The university's general business degree is meant to be a broad introduction to business. It includes instruction in key business topics like finance, management, marketing, and human resources.
- Lower Graduation Rate: Fewer than 60% of Missouri State students graduate based on the latest data, a rate lower than that of all other schools on our list.
High Admission Rate: The university is relatively easy to get into, with a 91% admission rate.
51%
$ 7,812
79%
$16,716
- Acceptance Rate
- 91%
- Students Enrolled
- 23,418
- Institution Type
- Public
Why the Cheapest Online Business Degree Program Isn’t Always the Most Affordable
Not every degree on our list has the cheapest tuition out there.
That’s because the annual price tag of tuition isn’t a good metric for understanding the true cost of a degree. Federal, state, and institutional financial aid can drastically cut down the net price of a degree.
Return on investment (ROI) is also a key metric to better understand the value of a degree.
We extend affordability to postgraduate outcomes by factoring in an institution’s graduation rate and percentage of graduates’ income going toward loans to help you get a better grasp of whether a program leads to strong student outcomes.
Benefits of Getting an Affordable Business Degree Online
- More than three-quarters of business students we surveyed for our 2025 Online Education Trends Report said an online learning environment is better than or equal to on-campus learning.
- That’s partially because many business schools have built their online learning programs around flexibility for working professionals.
- The vast majority (94%) of online business students and graduates said they expect their degree to have a positive return on investment.
- 98% of current and prospective students and graduates we surveyed said they would recommend online education to others.
How Much Does an Online Business Degree Cost?
Business Bachelor’s, 2020
Online
$10,476 Avg. Tuition & Fees
$5,928 Avg. Net Price
On-Campus
$16,921 Avg. Tuition & Fees
$9,231 Avg. Net Price
Source: NCES PowerStats
Business degrees have highly variable prices, with degrees from private and well-known business schools typically being much more expensive than those from regional public universities.
As a general rule of thumb, online degrees tend to be more affordable than their in-person counterparts.
On average in 2020, the annual tuition and fees of an online bachelor’s degree cost $10,476 — roughly $6,500 less than an in-person degree.
Aid dramatically cuts the total cost of a degree: The average annual net price of an online degree was a little under $6,000 after aid was applied. Compare that with $9,231 for an in-person degree.
Find Financial Aid for Your Business Degree
What Is an Online Business Degree’s ROI?
A business bachelor’s degree tends to pay off.
The National Association of Colleges and Employers (NACE) puts the average starting salary for 2023 general business and commerce bachelor’s graduates at $76,113, above the $63,721 average starting salary for all bachelor’s graduates.
Those with a bachelor’s degree in business were more likely than their peers to be employed, with an overall employment rate of 80%, compared to 62.1% for all degree types.
Exactly what your ROI will be depends on your career path and the school you attend. Many business schools tailor their online degrees toward working adults. Some even feature built-in credentials as part of their curriculum, meaning you won’t have to wait until you finish your degree to start bolstering your resume.
How to Save Money on Your Online Business Degree
Business schools emphasize affordability when they market their online degrees since the online business education market has become hyper competitive. That means there are plenty of ways to cut down on the cost of your degree.
1. Apply for Financial Aid
The Free Application for Federal Student Aid (FAFSA) is critical to receiving financial aid at the federal, state, and institutional levels. Filling out the form can determine your eligibility for income-based financial aid like the Pell Grant, as well as federal loans and income-based repayment options. State programs and individual colleges also use FAFSA data to determine scholarship eligibility.
2. Start at a Community College
Community colleges are generally more affordable than four-year universities, and many states even offer free two-year programs to residents. Many four-year institutions allow you to transfer up to 60 credits or more toward your bachelor’s degree. And starting off at a community college can mean a hefty discount on the total program price.
3. Get Exempt from Credits
Your lived experience can also count toward your college education. Credit for Prior Learning (CPL) isn’t a universal practice, but colleges that use it allow students to skip courses based on their prior experiences. That can mean work, military experience, or general knowledge showcased through a test like the College-Level Exam Program (CLEP).
4. Attend a ‘Free’ Tuition School
Some higher education institutions have slashed tuition entirely for qualifying students. The Albert Einstein College of Medicine, for instance, received a billion-dollar donation to offer free tuition to all students starting in 2024. Other schools, like Princeton University, offer free tuition based on income thresholds.
Ask an Expert: Frequently Asked Questions About Affordable Online Business Degrees

Dr. Angélica S. Gutiérrez is an associate professor of management at Loyola Marymount University who has been recognized as one of the “World’s Best 40 Under 40 Business School Professors” by Poets&Quants.
Yes, you can get a business degree fully online — including associate, bachelor’s, master’s, and doctoral degrees.
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