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Cheapest Online Master’s Degree in Psychology

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Updated: December 14, 2023, Reading time: 9 minutes

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Staggering tuition fees, limited specialization options, and in-person classes — were my key worries when I started looking for a master’s degree in psychology two years back. 55% of students struggle with educational expenses, resulting in graduation delays for 79% of them. 

Fortunately, you can avoid becoming part of this statistic by simple research. I’m sharing my findings of the cheapest online master’s degree in psychology so you can pursue your desired career without hassle.  

Top 9 Cheapest Online Master’s Degrees in Psychology

Pursuing an online degree in psychology can be a smart move. In fact, about 30% of U.S. postsecondary degree seekers studied online exclusively in 2021. However, this smart move comes with staggering tuition fees and other educational expenses. 

Many institutes offering masters in psychology are demanding loads of cash from students. In return, they are given average academic facilities. While some affordable programs are in the market, most compromise on educational services. 

Therefore, you should choose the ones with the perfect mix of ideal academic services and budget-friendly tuition fees. Let’s start with the first one!

Union College – KY

Union College – KY offers an online master’s program for Arts in General Psychology. This nonprofit organization is known for its excellent academic curriculum and premium student facilitation services. The college is affiliated with the United Methodist Church, which makes it a credible option among the contenders. 

A woman studying with a laptop, books and notes

As for the online platform, its faculty uses LMS Moodle, which is an ideal tool for online learning tasks. The curriculum involves advanced studies of quantitative and qualitative courses. Some are Research Methods, Community Psychology, Social Psychology, and Advanced Psychopathology. 

This program lets students excel in mid- and senior-level opportunities. Students can also apply in related fields such as marriage and family therapy, clinical psychology, and applied behavioral analysis. 

Fort Hays State University

Fort Hays State University offers a Master of Science in School Psychology. This public institute allows full-time enrollment for students in this degree program, which is why they can complete it in just one year. The learning management system (LMS) used in this institute is Blackboard, a relatively common program with an intuitive interface. 

At Fort Hays State University’s psychology degree program, students dive deep into the concepts of Behavior Therapy, Appraisal of Children, and Methods in School Psychology. 

Grand Canyon University

Grand Canyon University has an Online Master of Science in Psychology tailored for those looking to progress in their psychology careers or delve into research. 

An image of a human brain with written words

Students study topics such as cognitive and social psychology and research methods, which together provide a complete learning experience. The program is flexible and accessible online, making it suitable for both working people and full-time students.

A significant part of the program is how it teaches using psychology in real life, preparing students for real job challenges. It also builds up essential skills like critical thinking and research, which are vital for doing well in psychology.

University of Wisconsin

The University of Wisconsin offers an Online Master of Science in Educational Psychology / Professional Educators. This program is particularly appealing for its integration of advanced psychological theories with academic practices, making it a unique and affordable choice for professionals in the education sector.

It focuses on applying psychological principles to educational settings. It offers child and adolescent development courses, learning theories, and instructional design. It aims to give teachers, school counselors, and others the skills to help students learn and develop. 

A vital part of this program is its focus on research and using what’s proven to work. Students get to do research projects, which helps them use psychology ideas in real education problems. This improves students’ learning capabilities and prepares them for leading roles in education. 

Capella University

Capella University offers students a flexible, cost-effective way to focus on their interests. It’s known for its wide range of specializations, meeting different career needs in psychology. Even though it is one of the cheapest master’s degrees in psychology online, the curriculum gives a full view of psychology theories and how they are used. 

An image of a bookstore with psychology books

Students can pick from many areas, like Clinical, Counseling, or Educational Psychology. This choice lets them shape their studies to match their future job plans. Each area helps grow skills in critical thinking, research, and using psychology in real situations.

Capella University’s online learning is interactive and draws students in. It has forums, simulations, and case studies based on the real world. This method ensures students grasp and use the ideas in real life.

Ottawa University

Ottawa University offers an Online Master of Arts in Education specializing in School Psychology. 

The curriculum of this master’s degree is focused on equipping students with the skills necessary to land psychology jobs. Courses cover child and adolescent development, learning theories, assessment techniques, and intervention strategies. Its hands-on approach enhances students’ learning experience and prepares them for the complexities of working in school psychology.

Saint Leo University

Saint Leo University offers a master’s in Criminal Justice. The program comes with a specialization in Master’s Forensic Psychology. This program stands out as one of the most affordable online master’s degrees in psychology, uniquely combining the fields of psychology and criminal justice. 

An image of newly graduate student with their cap on their heads

It offers a cost-effective yet thorough education for those fascinated by the overlap of these two areas. The curriculum of this cheapest master’s degree in psychology is structured to impart a profound knowledge of psychological concepts. 

Additionally, it focuses on applying fundamental psychology principles within the realm of criminal justice. Courses cover topics such as behavioral analysis, psychological profiling, and the assessment and treatment of offenders. 

Walden University

Walden University’s Online Master of Science in Clinical Psychology is crafted for those eager to delve into and address mental health issues. It’s a top pick for students wanting a complete education in clinical psychology, with the added benefits of online flexibility and cost-effectiveness.

This program offers an in-depth look at clinical aspects. It covers areas like psychopathology, therapy methods, and assessing psychological health. This is ideal for students aiming for careers in mental health counseling, therapeutic roles, or clinical research.

Southern New Hampshire University

Southern New Hampshire University (SNHU) presents an Online Master of Science in Psychology. This program is ideal for students seeking a comprehensive yet affordable psychology education. It’s particularly suited for those who wish to expand their understanding of psychological theories and practices without the need to specialize in a specific area.

The curriculum at SNHU covers a broad range of psychological topics. The primary ones include cognitive psychology, social psychology, research methods, and ethical practice in psychology. This wide-ranging approach ensures students receive a well-rounded education and prepares them for various research, education, and healthcare roles.

Due to flexible schedules, this course is also favorable for working professionals. These offer asynchronous learning options that allow students to balance their studies with other commitments. Additionally, SNHU is known for its supportive learning environment, with accessible faculty and resources to aid student success.

Why a Master’s Degree in Psychology is Important

According to the U.S. Bureau of Labor Statistics, psychologists had a median pay of $85,330 per year as of 2022. The field is also growing, with a projected 6% increase in jobs from 2022 to 2032. This is faster than the average for all occupations, highlighting the vast importance of psychology.

An image of different kinds of books in a shelf

This growth signifies the expanding need for qualified professionals in various settings, from clinical to educational environments. A master’s degree in psychology equips you with advanced knowledge and skills and opens doors to diverse career opportunities and a higher salary.

Cheapest Online Masters Degree in Psychology - fact

Is an Online Master In Psychology Respected?

Yes, an online master’s in psychology can be worth the same as an on-campus degree. You just need to ensure that your desired institution offers online classes and you’re compatible with the online learning format. 

Is an Online Master’s in Clinical Psychology Worth It?

Yes, an online clinical psychology master’s degree is a reputed option for graduates, especially those interested in helping others. Overall, this program perfectly combines rigorous theory-based learning with practical implementation. 

Is it Cheaper To Get an Online Master’s Degree in Psychology?

Compared to an in-person degree, an online master’s program in psychology is usually cheaper. This is because you don’t need to relocate and can study at your own pace while being a professional. 

Conclusion

Exploring the affordable online master’s degrees in psychology is genuinely enlightening. These programs offer incredible value, blending affordability with quality education. Whether advancing your career or shifting paths, these online options open doors to exciting opportunities in psychology.

We’re certain of one thing—your search for more information on picking the best graduate degree or school landed you here. Let our experts help guide your through the decision making process with thoughtful content written by experts.