Making the grade

7 Texas colleges are top of the class among best schools for the money

7 Texas colleges are top of the class among best schools for the money

Austin College, Sherman
Austin College gives you your money's worth. Photo courtesy of Austin College

Seven Texas colleges are at the head of the class when it comes to bang for your buck. This, according to a recent survey from College Factual, which ranked the best colleges for your money in the Southwest.

Austin College in Sherman, north of Dallas, took the No. 2 spot on the list, and is the highest-ranked Texas college.

Following it are Texas Tech University (No. 3), St. Mary's University in San Antonio (No. 5), Texas Lutheran University in Seguin (No. 6), University of Houston (No. 7), Southwestern University in Georgetown (No. 8), and Trinity University in San Antonio (No. 9).

The three non-Texas colleges that joined them in the top 10?

Ranking first in the Southwest region was St. John's College in Santa Fe, followed by Oklahoma City University (No. 4) and University of Tulsa (No. 10).

To come up with the rankings, College Factual analyzed over 2,000 colleges and universities to determine which ones are best in a variety of categories, such as overall value, quality, diversity, and which schools are the best for each major.

For example, St. Mary's University, a Marist liberal arts school located on the West Side of San Antonio, earned 28 badges, and its highest-ranked major was business administration and marketing. With an average tuition cost of $26,726 and an average of 4.2 years to graduate, St. Mary's earned the No. 5 spot in the Southwest and third in Texas. The study also highlighted the school's 12-to-1 faculty to student ratio, better than the national 15-to-1 average.

Austin College, which landed ahead of St. Mary's at No. 2, is a small, private not-for-profit school that awarded 342 bachelor’s degrees in 2018-2019, the report says.

"It takes about 4.1 years for the average student at Austin College to complete their degree, and on average, the annual cost to attend the school is $27,662," they say. "Thus, the average cost to get a bachelor’s degree from the Austin College is $112,861. Graduating sooner can prevent you from having to pay more money out of pocket."

Much larger Texas Tech University, No. 3 in the rankings, awarded 6,599 bachelor’s degrees in 2018-2019.

"You’ll join some of the best and brightest minds around if you attend Texas Tech University," the report says. "The average student at Texas Tech graduates in less than 4.5 years, and it costs about $26,528 per year to attend the school. This means that the average student pays around $119,907 to get a bachelor’s degree from Texas Tech. The sooner a student graduates, the more money they can save."

No Dallas-Fort Worth schools made the list. Read the entire report here.