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How Much Is An Online Electrical Engineering Degree Per Credit?

Electrical engineers are at the forefront of technological innovation and discoveries, and their contributions have made a difference in our daily lives.

 The Bureau of Labor Statistics projects that demand for electrical engineers will grow by 7% annually until 2030. Considering an online electrical engineering course is a wise educational investment. 

Bachelor’s degrees are typically required for entry-level positions in electrical engineering. Additionally, electrical engineering students learn to research, design, and develop electrical equipment and systems. They acquire practical problem-solving skills that are useful even in other engineering disciplines. 

An online electrical engineering course offers flexibility, making it ideal for working students or those with other personal commitments such as child care. Online electrical engineering courses provide the same rigorous curricula as traditional schools, resulting in the same quality of graduates. 

Cost Of An Online Electrical Engineering Degree

The cost of an online electrical engineering degree varies depending on several factors: 

  • State Residency – Most colleges and universities charge a higher fee for out-of-state residents. However, most also implement a flat fee for online enrollees regardless of their state. 
  • Technology Fees – A technology fee is often charged exclusively for online students. In some cases, the per credit cost becomes higher than for traditional students. However, the online option may be cheaper if you factor in incidental expenses like accommodation and transportation.

The average cost of an online electrical engineering degree ranges from $245 to $660 per credit; in a year, this can be between $29,000 and $83,000. For example, the University of North Dakota charges $715, while Arizona State University charges $700 per credit regardless of whether you’re an in-state or out-of-state resident. 

Schools like Stony Brook University in New York and Florida International University offer more affordable options. At Stony Brook University, the cost per credit for an in-state student is $295 and $353 for an out-of-state student. Moreover, Florida International University charges only $228 per credit for an in-state student and $345 per credit for an out-of-state student. 

Of course, you can always apply for financial aid such as FAFSA, scholarships, grants, and tuition loans. There are also military grants available if you’re actively serving in the military. You You can also look for private scholarships or work-study jobs. Financial aid can come from the state through merit-based scholarships and from the school you choose through institutional scholarships. 

Length Of An Online Electrical Engineering Degree

On average, 120 to 126 credits are required to complete an online electrical engineering bachelor’s degree successfully. Full-time students can complete this in four to six years, and part-time students can take longer depending on their progress. 

Don’t Let Cost Be a Barrier

The cost per credit shouldn’t hinder you from pursuing an online electrical engineering degree. Choosing the right school and applying for financial aid will help you earn this degree to begin a lucrative electrical engineering career. 

If you want more college degree tips and advice, check out the GoDegree’s blog section.

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