Top Medical Billing and Coding Programs of 2025: Accredited & Financial Aid Eligible

Online medical billing and coding programs offer a fast, accessible pathway into a high-demand, well-paying industry—without the need for a multi-year degree. With over 30% of students receiving financial assistance, the average program cost of approximately $14,000 becomes significantly more manageable. Based on verified data, this guide highlights accredited online schools that help students start their careers efficiently while reducing financial pressure.

A degree in medical billing and coding opens up numerous opportunities, making it an ideal choice for future professionals:

• Qualifies graduates for roles in healthcare facilities, insurance companies, government agencies, and tech firms focused on medical data management.

• Healthcare and IT are top hiring sectors, with 2023 data showing the highest demand in these areas.

• Online programs offer flexibility, allowing students to complete coursework from anywhere at their own pace.

• Around 70% of students complete their programs within two years, saving time and accelerating career entry.

• Approximately 80% of graduates find employment within six months, reflecting strong industry demand.

Graduates can pursue careers in various fields, such as:

• Healthcare Providers: Hospitals and clinics often hire specialists to handle diagnostic and insurance data coding.

• Insurance Companies: Responsible for claims processing, code auditing, and coordination with healthcare providers.

• Freelance Work: Contract-based services for multiple healthcare providers, offering flexible schedules and remote work options.

• Government Agencies: Including public health departments and federal healthcare systems, managing large-scale medical data.

• Educational Institutions: Experienced professionals may move into teaching roles in classrooms or online platforms.

According to the U.S. Bureau of Labor Statistics (2024):

• Median annual salary: $48,780 for medical records specialists (including billing and coding professionals).

• Salary range: From $35,080 (lowest 10%) to $77,810 (top 10%).

Average annual salaries by sector:

• Corporate Management: $53,320

• Hospitals (Public and Private): $52,350

• Administrative Support Services: $50,120

• Professional & Technical Services: $47,500

• Physician Offices: $43,710

The average tuition is around $234 per credit, with most programs requiring 20–30 credits, totaling approximately $4,680–$7,020, excluding additional fees.

Qualified students may receive up to 60% in financial assistance, significantly reducing out-of-pocket costs.

Additional fees may include:

• Virtual classroom access

• Lab materials

• Background checks

• Certification exam fees (e.g., AAPC, AHIMA)

• In-state vs. out-of-state tuition rates

Online enrollments have increased by 20% over the past five years.

Demand for billing and coding specialists is projected to grow 8% over the next decade.

School Highlights

• Purdue Global: Well-rounded program with real-world practice and certification preparation.

• Southern New Hampshire: Short-term, CAHIIM-accredited, great for quick career starts.

• Penn Foster: Self-paced, ideal for students preparing for the CBCS exam.

• Wake Tech: Focuses on applied skills and credential readiness.

• Southern Careers Institute: Offers training for multiple certifications to enhance job prospects.

• Ultimate Medical Academy: Emphasizes complex billing and terminology.

• Northwest College: Combines theoretical study with clinical experience.

• Cambridge College: Meets industry standards; solid foundational training.

• Everett College: Affordable, AHIMA-approved, eligible for national exams.

• UMGC: Merges HIM with data analytics and decision-making skills.

• Certificate or Diploma Programs: Can be completed in 4 weeks to 6 months—ideal for fast career changes.

• Online Courses: Accelerated programs may take as little as 4 months.

• Certification Tracks: Typically take up to 1 year to complete.

• Associate Degrees: More comprehensive, requiring 2 years full-time or 3 years part-time.

Personal learning pace plays a major role, especially in flexible online formats.

Admission criteria vary but generally include:

• High school diploma or GED

• Application form and fee (some schools waive fees)

• Official transcripts

• Resume/CV (healthcare experience is a plus)

• Recommendation letters

• SAT/ACT scores (optional at many institutions)

• Medical Terminology: Covers diseases, treatments, and procedures.

• Anatomy & Physiology: Helps with accurate coding by understanding body systems.

• Medical Insurance: Overview of various health plans and claim processes.

• Claim Forms: Learn proper documentation for insurance claims.

• ICD-10-CM Coding: Diagnostic classification system.

• Medical Records Management: Covers privacy and data handling standards.

When selecting an online medical billing and coding program, consider the following:

• Program Focus: Specialized or general curriculum

• Scheduling Flexibility: Self-paced or structured learning

• Degree Level: Certificate, diploma, or associate degree

• Financial Assistance: Availability of aid, grants, or employer reimbursement

• Accreditation: Look for programs approved by recognized industry bodies

• Career Advancement: Consider whether the program supports long-term goals, including management roles or further study

Can FAFSA be used to pay for medical billing and coding programs?

Yes. Students enrolled in accredited institutions participating in federal aid programs can apply for FAFSA to reduce costs.

Does AAPC offer financial assistance?

Yes. AAPC supports scholarships, grants, and loan options. Eligibility varies by applicant and program.

What type of degree is best for this field?

Associate and bachelor’s degrees provide the most in-depth education. Certificate programs are faster and suitable for immediate entry-level positions.

What’s the difference between AAPC and CPC?

AAPC is a certifying body that offers training and exams. CPC (Certified Professional Coder) is a specific credential issued by AAPC.

What certifications are available?

• CPC (AAPC) – Common credential for coding accuracy

• CCS & CCS-P (AHIMA) – For hospital and physician office settings

• CIC & COC (AAPC) – Focus on inpatient and outpatient coding

• CBCS (NHA) – Covers billing, coding, and claims

• CMRS (AMBA) – Emphasizes billing compliance

• RHIT (AHIMA) – Broader scope for health info management careers

1. Define Career Goals – Choose between certificates, diplomas, or associate degrees.

2. Select an Accredited Program – Ensure the school is recognized by AAPC, AHIMA, or similar bodies.

3. Evaluate Financial Options – Apply for FAFSA, scholarships, or employer tuition support.

4. Prepare Application Materials – Gather academic records, resume, and recommendations.

5. Set Up Learning Tools – Ensure access to a reliable computer, internet, and coding software (ICD-10, CPT, etc.).

6. Join a Professional Association – Consider membership with AAPC or AHIMA for networking and credential support.

Author: Michael Smith

August 1, 2025