6 Most Affordable Online Business Degrees in Maine (2025)

Maine is becoming a hub for online education. As the digital age evolves, many students are looking for cost-effective ways to pursue higher education without compromising quality.

For 2024 there are many accredited institutions offering online affordable business degrees in Maine, as well as nationwide universities that, thanks to their online programs, offer the degree to Maine residents.

List of Maine Affordable Business Degrees Online

Looking into online business academic offerings, we've created a list spotlighting the most affordable business degrees in Maine.

This guide is designed for those looking to make an informed decision about their educational future without facing high tuition fees.

1. Southern Maine Community College

Southern Maine Community College presents a streamlined online associate in business administration degree, designed to be completed in just four semesters, covering 62 credit hours.

The curriculum looks deep into market commercialization, accounting, and operations management, ensuring students are well-equipped in key areas.

An attractive tuition of $3,880 per year covers most regular fees, but be on the lookout for specific charges. As a quality assurance, this program is accredited by the New England Commission of Higher Education.

2. Central Maine Community College

Central Maine Community College brings to the table an online Associate in Applied Science in Business Administration and management, with the New England Commission of Higher Education's stamp of accreditation.

The course consists of 60 credit hours and offers the flexibility of finishing in one year for those on the fast track or spreading it over two years.

Graduates can expect proficiency in accounting, marketing, and strategic planning. Affordably priced, tuition runs at $96 per credit hour, with some extra semester fees in play.

3. University of Maine at Augusta

At the University of Maine at Augusta, students can chart their career paths with an online Bachelor of Science in Business Administration (BSBA).

The course gives students the opportunity to choose their major, whether they want to focus on management or accounting.

Across four years, students will tackle 121 credit hours, building competencies in accounting, strategic management, and navigating legal problems.

Maine residents can anticipate a tuition of $252 per credit hour. However, an online fee of $12 per credit hour will be appended to the bill.

4. The University of Maine at Machias

The University of Maine at Machias offers an online BS in Small Business Management. Consisting of 120 credit hours, 60 are dedicated to core courses that form the program's basis.

For those already holding an associate degree, the door is open to transfer applicable credits toward this bachelor's degree. Maine residents can budget for tuition of $282 per credit hour.

Top-performing students with a minimum GPA of 3.2 have the opportunity to apply to the MBA program, taking master's courses in their bachelor's final year.

5. The University of Maine

The University of Maine has a fully online BS in Business Administration, with a concentration in management. With the accreditation seal of AACSB International, the program encompasses 120 credit hours.

It shapes their knowledge of the challenges of management in a variety of fields, including operations, organizational theory, and human resources.

Maine residents should anticipate a tuition of $400 per credit hour. However, an added $25 per credit student fee and a $15 per credit technology fee should be included in financial planning.

6. Saint Joseph's College of Maine

Saint Joseph's College of Maine brings forward an online BS in Business Administration, meticulously structured over 120 credit hours.

With the right transferred credits, students can navigate the program in under four years. For those starting from scratch, the entire program has a set price tag of $45,360.

A unique feature allows students to explore master's courses, which, if pursued, can be transferred toward an MBA at the same institution.

Other Colleges Offering Online Business Programs

This list includes institutions that are leading the way in online business education across the country. Learn about the variety of choices available to Maine residents and select the ideal program to further your professional goals.

Western Governors University

Western Governors University presents its online Bachelor of Science in Business Administration, with an emphasis on business management.

This degree, made of 39 courses, sees most students graduate in roughly 35 months. Accredited by the ACBSP, it primes students for leadership roles in sectors like marketing, finance, and supply chain.

The tuition structure stands out, divided into six-month terms, priced at $3,755, motivating students to focus more on their studies.

Maryville University

Maryville University offers an online bachelor's degree in business administration with a curriculum that touches vital areas such as accounting, healthcare management, and operations management.

Recognizing the value of prior learning, the program allows credit transfers, enabling some students to wrap up in just two years.

With dual accreditation from the ACBSP and the HLC, this program consists of 128 credit hours, with a tuition of $525 per credit hour.

Arizona State University

Arizona State University introduces an online Bachelor of Arts in Business, centered around business administration.

This program is made up of 120 credit hours and is spread over 41 classes, each class spanning seven to eight weeks.

Out-of-state students enrolling in a full-time 12-credit semester will find the tuition, inclusive of student and college fees, set at $8,277. A notable mention is its accreditation by the Higher Learning Commission (HLC).

Liberty University

Liberty University offers an online Bachelor of Science in Business Administration, designed to fit into a three-to-four-year time frame.

Consisting of 120 credit hours, it's broken down into efficient eight-week courses. Students will delve into key areas such as marketing, finance, and general business management.

ACBSP-accredited, the program stands out for its generous transfer policy, allowing up to 75% of total credits from previous coursework. Tuition rates are set at $390 per hour for full-timers and $455 for those attending part time.

How Much Does an Online Business Degree Program Cost?

The cost of an online business degree varies based on several factors. Private universities often charge higher than public ones, with in-state students at public universities typically paying less than their out-of-state counterparts.

The level of the degree also influences cost, with higher degrees like master's or doctorate being pricier than bachelor's or associate degrees.

As a general range, an associate degree might cost between $6,000 and $26,000 in total, a bachelor's between $38,000 to up to $60,000, and a master's degree, between $35,000 to more than $140,000.

How To Pay for an Online Business Degree

Financing an online business degree involves exploring various resources and options. Start by completing the Free Application for Federal Student Aid (FAFSA) to check eligibility for grants, loans, and work-study programs.

Investigate scholarships and consider grants, which don't require repayment. Some employers provide tuition reimbursement, while many universities offer monthly payment plans or discounted rates for online courses.

Additionally, work-study programs, military benefits, community sponsorships, and in-state public university rates can further reduce costs.

Is an Online Business Degree Worth It?

An online business degree's value depends on individual career, personal goals, and the chosen program.

Online degrees can be cost-effective due to savings on commuting and housing, but it's crucial to ensure the program is accredited for its quality and recognition.

Often offer flexibility, making them ideal for those balancing work or family commitments. Always investigate the program's quality and how it aligns with your business career ambitions to determine its worth.

Find an Online Business Degree Program Today

Start your educational advancement from the comfort of your home. Learn about the online affordable business degrees in Maine tailored to fit your aspirations and lifestyle, and unlock a world of opportunities for your future.