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2023 Best Value Theological & Ministerial Studies Master's Degree Schools

Identifying Quality Schools at More Affordable Prices

132 Colleges
$9,535 Avg Tuition & Fees*
$45,172 Avg Salary

Finding the Best Theological & Ministerial Studies Master's Degree School for You

In 2020-2021, 12,534 people earned a degree or certificate in theological and ministerial studies, making the major the #25 most popular in the United States.

When it comes to higher education, there are a lot of options for students. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.

Along with in-depth profiles of schools and the programs they offer, Grad Degree Search has created the Best Value Theological & Ministerial Studies Master's Degree Schools to help you in your search for the best school for you. This report analyzed 132 schools in the United States to see which ones offered the best value master's degree programs for theology students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.

2023 Best Value Theological & Ministerial Studies Master’s Degree Schools in the United States

The following schools top our list of the Best Value Theological & Ministerial Studies Master's Degree Colleges.

Top 15% Best Theological & Ministerial Studies Master's Degree Schools

Our analysis found Midwestern Baptist Theological Seminary to be the best value school for theological and ministerial studies students who want to pursue a master’s degree in the United States. Located in the large city of Kansas City, MBTS is a private not-for-profit college with a small student population.

Out-of-state tuition fees for graduate students at MBTS are $6,950 per year.

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Out of the 132 schools in the United States that were part of this year’s ranking, The Master’s University and Seminary landed the # 2 spot on the list. Located in the suburb of Santa Clarita, The Master's University is a private not-for-profit school with a small student population.

The Master’s University graduate students pay an average of $8,580 in tuition and fees each year.

The Master’s University excels when it comes to quality. It’s ranked in the top 10% of all schools on our Best Theological & Ministerial Studies Master’s Degree Schools list.

Full Theological & Ministerial Studies at The Master’s University and Seminary Report

You’ll be in good company if you decide to attend The Baptist College of Florida. It ranked #3 on our 2023 Best Value Theological & Ministerial Studies Master’s Degree Schools list. BCF is a fairly small private not-for-profit school located in the distant town of Graceville.

BCF graduate students pay an average of $4,860 in tuition and fees each year.

Full Theological & Ministerial Studies at The Baptist College of Florida Report

#4

Ohio Christian University

Circleville, OH

The excellent master’s degree programs at Ohio Christian University helped the school earn the #4 place on this year’s ranking of the best value theological and ministerial studies schools in the United States. OCU is a small private not-for-profit school located in the town of Circleville.

Out-of-state tuition fees for graduate students at OCU are $10,916 per year.

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The excellent master’s degree programs at Kentucky Christian University helped the school earn the #5 place on this year’s ranking of the best value theological and ministerial studies schools in the United States. Located in the distant town of Grayson, Kentucky Christian University is a private not-for-profit school with a small student population.

Kentucky Christian University graduate students pay an average of $5,200 in tuition and fees each year.

Full Theological & Ministerial Studies at Kentucky Christian University Report

With a ranking of #6, Lincoln Christian University did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Lincoln Christian College and Seminary is a fairly small private not-for-profit school located in the distant town of Lincoln.

Lincoln Christian College and Seminary graduate students pay an average of $8,812 in tuition and fees each year.

Full Theological & Ministerial Studies at Lincoln Christian University Report

Saint Paul School of Theology came in at #7 in this year’s edition of the Best Value Theological & Ministerial Studies Master’s Degree Schools ranking. Located in the large suburb of Leawood, Saint Paul School of Theology is a private not-for-profit school with a fairly small student population.

The average tuition and fees for an out-of-state graduate students at Saint Paul School of Theology are $12,666 a year.

Full Theological & Ministerial Studies at Saint Paul School of Theology Report

#8

Olivet Nazarene University

Bourbonnais, IL

With a ranking of #8, Olivet Nazarene University did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Located in the suburb of Bourbonnais, Olivet Nazarene is a private not-for-profit college with a small student population.

Out-of-state tuition fees for graduate students at Olivet Nazarene are $12,190 per year.

Full Theological & Ministerial Studies at Olivet Nazarene University Report

With a ranking of #9, Luther Rice College & Seminary did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Luther Rice is a fairly small private not-for-profit school located in the large suburb of Lithonia.

Out-of-state tuition fees for graduate students at Luther Rice are $6,618 per year.

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#10

Grand Canyon University

Phoenix, AZ

Grand Canyon University ranked #10 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools list. Grand Canyon University is a fairly large private for-profit school located in the city of Phoenix.

Grand Canyon University graduate students pay an average of $11,538 in tuition and fees each year.

Full Theological & Ministerial Studies at Grand Canyon University Report

#11

Moody Bible Institute

Chicago, IL

Moody Bible Institute came in at #11 in this year’s edition of the Best Value Theological & Ministerial Studies Master’s Degree Schools ranking. Moody Theological Seminary and Graduate School is a small private not-for-profit school located in the city of Chicago.

Out-of-state tuition fees for graduate students at Moody Theological Seminary and Graduate School are $9,270 per year.

Full Theological & Ministerial Studies at Moody Bible Institute Report

Wartburg Theological Seminary did quite well in this year’s ranking of the best places for theological and ministerial studies students to get a master’s degree. It came in at #12 on the list. Located in the city of Dubuque, Wartburg Seminary is a private not-for-profit school with a fairly small student population.

Out-of-state tuition fees for graduate students at Wartburg Seminary are $19,739 per year.

Full Theological & Ministerial Studies at Wartburg Theological Seminary Report

#13

Southeastern University

Lakeland, FL

With a ranking of #13, Southeastern University did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Located in the midsize city of Lakeland, SEU is a private not-for-profit school with a medium-sized student population.

Out-of-state tuition fees for graduate students at SEU are $12,350 per year.

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#14

Clarks Summit University

South Abington Township, PA

Clarks Summit University came in at #14 in this year’s edition of the Best Value Theological & Ministerial Studies Master’s Degree Schools ranking. CSU is a fairly small private not-for-profit school located in the large suburb of South Abington Township.

The average tuition and fees for an out-of-state graduate students at CSU are $7,020 a year.

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Faith International University ranked #15 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools list. Located in the midsize city of Tacoma, Faith is a private not-for-profit school with a fairly small student population.

Out-of-state tuition fees for graduate students at Faith are $8,450 per year.

Read full report on Theological & Ministerial Studies at Faith International University

#15

Crown College

Saint Bonifacius, MN

With a ranking of #15, Crown College did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Located in the rural area of Saint Bonifacius, Crown is a private not-for-profit school with a small student population.

The average tuition and fees for an out-of-state graduate students at Crown are $10,640 a year.

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#17

Ashland University

Ashland, OH

Ashland University did quite well in this year’s ranking of the best places for theological and ministerial studies students to get a master’s degree. It came in at #17 on the list. Located in the fringe town of Ashland, Ashland is a private not-for-profit school with a small student population.

Out-of-state tuition fees for graduate students at Ashland are $6,972 per year.

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With a ranking of #18, SUM Bible College and Theological Seminary did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Located in the rural area of El Dorado Hills, School of Urban Missions is a private not-for-profit school with a small student population.

Out-of-state tuition fees for graduate students at School of Urban Missions are $6,850 per year.

Read full report on Theological & Ministerial Studies at SUM Bible College and Theological Seminary

Grace College and Theological Seminary landed the #19 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Grace College is a small private not-for-profit school located in the town of Winona Lake.

The average tuition and fees for an out-of-state graduate students at Grace College are $8,054 a year.

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Additional Noteworthy Schools

Here are some additional great value schools for Theological & Ministerial Studies graduate students seeking value that almost earned our Best Value Theological & Ministerial Studies Master's Degree Schools award.

Rank College Location
20 Truett McConnell University Cleveland, GA
21 Freed-Hardeman University Henderson, TN
22 Piedmont International University Winston-Salem, NC
23 Johnson University Knoxville, TN
24 Harding University Searcy, AR
25 Nazarene Theological Seminary Kansas City, MO
26 Luther Seminary Saint Paul, MN

Theological & Ministerial Studies by Region

View the Best Value Theological & Ministerial Studies Master's Degree Schools for a specific region near you.

Region
Southeast
New England
Rocky Mountains
Plains States
Middle Atlantic
Far Western US
Southwest
Great Lakes

Theological & Ministerial Studies is one of 7 different types of programs to choose from.

Related Major Annual Graduates
Pastoral Counseling & Specialized Ministries 1,624
Biblical Studies 1,052
Theology & Religious Vocations (Other) 777
Religious Education 687
Missionary Studies 423

Notes and References

*These averages are for the top 25 schools only.

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Credit for the banner image above goes to Jonund.

More about our data sources and methodologies.

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