# Most Affordable HBCUs

> CollegeRanker Agent Insights — structured data for AI systems
> Updated: 2026-05-31 | Schools: 50 | Category: HBCU
> Source: https://www.collegeranker.com/rankings/most-affordable-hbcus

## Methodology

HBCUs ranked by net price and value

CollegeRanker uses a 4-pillar algorithm: Academic Quality (15-20%), Economic Outcomes (30%), Social Mobility (25-35%), Value & Affordability (20-25%). Social mobility data from Raj Chetty's Opportunity Insights Mobility Report Card (30M+ anonymized tax records). No subjective surveys.

## Summary

When considering an education at a Historically Black College or University (HBCU), affordability is often a top concern for students and families. With net prices that can significantly influence a student's financial future, many are looking for options that won’t leave them burdened by debt. On this list, we explore the most affordable HBCUs, highlighting institutions that provide solid value for the investment.

The schools featured here stand out not just for their low net prices but also for their outcomes in areas like graduation rates, earnings potential, and student debt. The average earnings of graduates from these institutions is $38,112, while the average graduation rate is 32%. This data emphasizes the importance of choosing an HBCU that balances affordability with long-term value, ensuring that students are better positioned for financial stability post-graduation.

Take Elizabeth City State University and Le Moyne-Owen College as examples. Elizabeth City State boasts $40,026 in average earnings with a 46% graduation rate, while Le Moyne-Owen graduates earn $35,594 and have a lower graduation rate of 26%. These differences illustrate how financial outcomes can vary widely even among affordable options, guiding students to consider not just costs but also potential returns on their investment.

## Key Findings

- Elizabeth City State University graduates earn an average of $40,026, the highest in this group.
- Le Moyne-Owen College has a lower graduation rate of 26%, impacting long-term outcomes.
- The average debt burden for graduates in this list is $21,463, making financial planning essential.
- Kentucky State University has a net price of $8,040, one of the higher amounts among these affordable options.

## Rankings

| Rank | School | Location | Graduation | Earnings (10yr) | Net Price | Median Debt | Debt/Earnings |
|------|--------|----------|------------|-----------------|-----------|-------------|---------------|
| 1 | [Elizabeth City State University](https://www.collegeranker.com/colleges/elizabeth-city-state-university) | Elizabeth City, NC | 46% | $40,026 | $6,364 | $21,463 | 0.54x |
| 2 | [Fayetteville State University](https://www.collegeranker.com/colleges/fayetteville-state-university) | Fayetteville, NC | 37% | $40,144 | $7,892 | $22,987 | 0.57x |
| 3 | [Kentucky State University](https://www.collegeranker.com/colleges/kentucky-state-university) | Frankfort, KY | 30% | $36,382 | $8,040 | $25,938 | 0.71x |
| 4 | [Le Moyne-Owen College](https://www.collegeranker.com/colleges/le-moyne-owen-college) | Memphis, TN | 26% | $35,594 | $7,099 | $28,070 | 0.79x |
| 5 | [University of the Virgin Islands](https://www.collegeranker.com/colleges/university-of-the-virgin-islands) | Charlotte Amalie, VI | 28% | $38,681 | $7,469 | $16,800 | 0.43x |
| 6 | [Gadsden State Community College](https://www.collegeranker.com/colleges/gadsden-state-community-college) | Gadsden, AL | 35% | $32,937 | $3,515 | N/A | N/A |
| 7 | [St Philip's College](https://www.collegeranker.com/colleges/st-philips-college) | San Antonio, TX | 28% | $38,224 | $4,273 | $9,500 | 0.25x |
| 8 | [Mississippi Valley State University](https://www.collegeranker.com/colleges/mississippi-valley-state-university) | Itta Bena, MS | 24% | $31,919 | $9,686 | $28,413 | 0.89x |
| 9 | [Wiley University](https://www.collegeranker.com/colleges/wiley-university) | Marshall, TX | 22% | $33,159 | $7,092 | $24,989 | 0.75x |
| 10 | [North Carolina A & T State University](https://www.collegeranker.com/colleges/north-carolina-a-t-state-university) | Greensboro, NC | 56% | $44,440 | $10,846 | $27,000 | 0.61x |
| 11 | [Savannah State University](https://www.collegeranker.com/colleges/savannah-state-university) | Savannah, GA | 27% | $37,981 | $8,172 | $28,000 | 0.74x |
| 12 | [Fort Valley State University](https://www.collegeranker.com/colleges/fort-valley-state-university) | Fort Valley, GA | 43% | $36,666 | $10,338 | $31,000 | 0.85x |
| 13 | [Bishop State Community College](https://www.collegeranker.com/colleges/bishop-state-community-college) | Mobile, AL | 31% | $29,916 | $5,397 | N/A | N/A |
| 14 | [Coppin State University](https://www.collegeranker.com/colleges/coppin-state-university) | Baltimore, MD | 26% | $46,490 | $9,977 | $25,000 | 0.54x |
| 15 | [West Virginia State University](https://www.collegeranker.com/colleges/west-virginia-state-university) | Institute, WV | 36% | $40,492 | $11,139 | $23,338 | 0.58x |
| 16 | [Lawson State Community College](https://www.collegeranker.com/colleges/lawson-state-community-college) | Birmingham, AL | 26% | $31,701 | $6,275 | N/A | N/A |
| 17 | [University of the District of Columbia](https://www.collegeranker.com/colleges/university-of-the-district-of-columbia) | Washington, DC | 30% | $44,236 | $10,648 | $24,872 | 0.56x |
| 18 | [Jarvis Christian University](https://www.collegeranker.com/colleges/jarvis-christian-university) | Hawkins, TX | 15% | $32,992 | $9,825 | $27,000 | 0.82x |
| 19 | [University of Arkansas at Pine Bluff](https://www.collegeranker.com/colleges/university-of-arkansas-at-pine-bluff) | Pine Bluff, AR | 40% | $35,550 | $12,653 | $24,202 | 0.68x |
| 20 | [Harris-Stowe State University](https://www.collegeranker.com/colleges/harris-stowe-state-university) | Saint Louis, MO | 28% | $31,088 | $9,922 | $25,930 | 0.83x |
| 21 | [Lane College](https://www.collegeranker.com/colleges/lane-college) | Jackson, TN | 18% | $31,670 | $10,904 | $30,500 | 0.96x |
| 22 | [Bethune-Cookman University](https://www.collegeranker.com/colleges/bethune-cookman-university) | Daytona Beach, FL | 29% | $38,518 | $12,030 | $31,000 | 0.8x |
| 23 | [Central State University](https://www.collegeranker.com/colleges/central-state-university) | Wilberforce, OH | 24% | $33,267 | $13,096 | $30,739 | 0.92x |
| 24 | [Langston University](https://www.collegeranker.com/colleges/langston-university) | Langston, OK | 17% | $33,261 | $11,504 | $26,000 | 0.78x |
| 25 | [Winston-Salem State University](https://www.collegeranker.com/colleges/winston-salem-state-university) | Winston-Salem, NC | 48% | $45,344 | $13,479 | $25,000 | 0.55x |
| 26 | [Alcorn State University](https://www.collegeranker.com/colleges/alcorn-state-university) | Alcorn State, MS | 51% | $36,421 | $13,265 | $27,000 | 0.74x |
| 27 | [Albany State University](https://www.collegeranker.com/colleges/albany-state-university) | Albany, GA | 27% | $40,674 | $11,898 | $25,024 | 0.62x |
| 28 | [Florida Agricultural and Mechanical University](https://www.collegeranker.com/colleges/florida-agricultural-and-mechanical-university) | Tallahassee, FL | 53% | $44,349 | $13,739 | $23,548 | 0.53x |
| 29 | [Rust College](https://www.collegeranker.com/colleges/rust-college) | Holly Springs, MS | 17% | $32,275 | $12,587 | $26,159 | 0.81x |
| 30 | [Virginia Union University](https://www.collegeranker.com/colleges/virginia-union-university) | Richmond, VA | 39% | $38,275 | $13,235 | $29,000 | 0.76x |
| 31 | [Livingstone College](https://www.collegeranker.com/colleges/livingstone-college) | Salisbury, NC | 26% | $32,600 | $13,479 | $31,125 | 0.95x |
| 32 | [Delaware State University](https://www.collegeranker.com/colleges/delaware-state-university) | Dover, DE | 39% | $49,307 | $13,910 | $26,000 | 0.53x |
| 33 | [H Councill Trenholm State Community College](https://www.collegeranker.com/colleges/h-councill-trenholm-state-community-college) | Montgomery, AL | 16% | $32,183 | $8,325 | N/A | N/A |
| 34 | [Paul Quinn College](https://www.collegeranker.com/colleges/paul-quinn-college) | Dallas, TX | 33% | $29,288 | $12,709 | $23,373 | 0.8x |
| 35 | [Prairie View A & M University](https://www.collegeranker.com/colleges/prairie-view-a-m-university) | Prairie View, TX | 43% | $45,411 | $13,570 | $27,000 | 0.59x |
| 36 | [Southern University at New Orleans](https://www.collegeranker.com/colleges/southern-university-at-new-orleans) | New Orleans, LA | 16% | $34,042 | $14,810 | $31,000 | 0.91x |
| 37 | [Bluefield State University](https://www.collegeranker.com/colleges/bluefield-state-university) | Bluefield, WV | 36% | $38,217 | $13,684 | $18,250 | 0.48x |
| 38 | [University of Maryland Eastern Shore](https://www.collegeranker.com/colleges/university-of-maryland-eastern-shore) | Princess Anne, MD | 35% | $47,697 | $13,338 | $27,000 | 0.57x |
| 39 | [Virginia State University](https://www.collegeranker.com/colleges/virginia-state-university) | Petersburg, VA | 40% | $45,543 | $15,840 | $26,500 | 0.58x |
| 40 | [Lincoln University](https://www.collegeranker.com/colleges/lincoln-university-pa) | Lincoln University, PA | 48% | $43,167 | $14,977 | $28,250 | 0.65x |
| 41 | [North Carolina Central University](https://www.collegeranker.com/colleges/north-carolina-central-university) | Durham, NC | 44% | $42,968 | $15,359 | $28,250 | 0.66x |
| 42 | [Norfolk State University](https://www.collegeranker.com/colleges/norfolk-state-university) | Norfolk, VA | 36% | $44,666 | $15,282 | $29,000 | 0.65x |
| 43 | [Tennessee State University](https://www.collegeranker.com/colleges/tennessee-state-university) | Nashville, TN | 33% | $42,730 | $15,796 | $27,000 | 0.63x |
| 44 | [Morgan State University](https://www.collegeranker.com/colleges/morgan-state-university) | Baltimore, MD | 41% | $50,698 | $14,985 | $27,250 | 0.54x |
| 45 | [Cheyney University of Pennsylvania](https://www.collegeranker.com/colleges/cheyney-university-of-pennsylvania) | Cheyney, PA | 24% | $37,837 | $14,265 | $21,785 | 0.58x |
| 46 | [Voorhees University](https://www.collegeranker.com/colleges/voorhees-university) | Denmark, SC | 40% | $35,339 | $13,335 | $26,700 | 0.76x |
| 47 | [Philander Smith University](https://www.collegeranker.com/colleges/philander-smith-university) | Little Rock, AR | 31% | $38,427 | $14,224 | $24,736 | 0.64x |
| 48 | [Stillman College](https://www.collegeranker.com/colleges/stillman-college) | Tuscaloosa, AL | 32% | $35,421 | $15,258 | $29,067 | 0.82x |
| 49 | [Texas Southern University](https://www.collegeranker.com/colleges/texas-southern-university) | Houston, TX | 21% | $38,924 | $16,590 | $29,000 | 0.75x |
| 50 | [Miles College](https://www.collegeranker.com/colleges/miles-college) | Fairfield, AL | 20% | $32,627 | $14,271 | $31,217 | 0.96x |

## Data Sources

- U.S. Department of Education College Scorecard (https://collegescorecard.ed.gov)
- Opportunity Insights Mobility Report Card (https://opportunityinsights.org/data)
- Opportunity Insights Social Capital Atlas
- Times Higher Education World University Rankings
- NCES IPEDS

## Citation

CollegeRanker. "Most Affordable HBCUs." CollegeRanker.com, 2026-05-31. https://www.collegeranker.com/rankings/most-affordable-hbcus

## License

This data summary is provided for informational purposes. Underlying data from federal sources (College Scorecard, IPEDS) is public domain. Opportunity Insights data is available under their data use agreement at https://opportunityinsights.org/data/.