2022 Best Value Finance Schools in Illinois For Those Getting Aid
When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Finance Schools in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.
With 52,394 degrees handed out in 2019-2020, finance is the 10th most popular major in the United States.
Across Illinois, there were 1,966 finance graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Finance Schools in Illinois For Those Getting Aid” ranking looked at 30 colleges that offer degrees in a bachelor’s in finance. Not only do the schools that top this list have excellent finance programs, but they also cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the finance program at the school. See our ranking methodology to learn more.
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One Size Does Not Fit All
The finance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Finance Schools in Illinois For Those Getting Aid”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Finance Schools in Illinois For Those Getting Aid
The colleges and universities below are the best for illinois finance students with aid.
Top 25 Best Value Colleges for Finance in Illinois (With Aid)
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #1 for the Best Value Finance Schools in Illinois For Those Getting Aid. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 256 ’s degrees in 2019-2020.
UIUC also made our “Best Finance Schools in Illinois” list, coming in at #2. The yearly cost to attend University of Illinois at Urbana-Champaign is $15,880 for Illinois Finance students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low student loan default rate of 2.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Finance at University of Illinois at Urbana-Champaign
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Getting Aid that were part of this year’s ranking, University of Illinois at Chicago landed the #2 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s finance degrees to 256 students in 2019-2020.
UIC not only placed well in this ranking. It is also #9 on our “Best Finance Schools in Illinois” list. The yearly cost to attend University of Illinois at Chicago is $13,312 for Illinois Finance students with aid.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Out of the 30 schools in the Best Value Finance Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. Northern Illinois University is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 90 ’s degrees in 2019-2020.
NIU did well in our major quality rankings, too. It placed #13 on our “Best Finance Schools in Illinois” list. The yearly cost to attend NIU is $18,259 for Illinois Finance students with aid.
You’ll be in good company if you decide to attend Eastern Illinois University. It ranked #4 on our 2022 Best Value Finance Schools in Illinois For Those Getting Aid list. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s finance degrees to 26 students in 2019-2020.
In addition to being on our illinois finance students with aid list, EIU has also earned the #20 rank in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend Eastern Illinois University is $14,607 for illinois finance students with aid.
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #5 for the Best Value Finance Schools in Illinois For Those Getting Aid. This large school is located in Evanston, Illinois, and it awarded 68 ’s finance degrees in 2019-2020.
Northwestern also took the #1 spot in our “Best Finance Schools in Illinois” ranking. It costs about $24,664 for illinois finance students with aid per year to attend Northwestern.
The low student loan default rate of 0.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Saint Xavier University came in at #6 in this year’s edition of the Best Value Finance Schools in Illinois For Those Getting Aid ranking. Located in Chicago, Illinois, this small private not-for-profit school awarded 46 diplomas to qualified ’s finance students in 2019-2020.
SXU also made our “Best Finance Schools in Illinois” list, coming in at #23. The yearly cost to attend Saint Xavier University is $14,528 for Illinois Finance students with aid.
Southern Illinois University Carbondale landed the #7 spot on the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking. Located in Carbondale, Illinois, this fairly large public school handed out 40 diplomas to qualified ’s finance students in 2019-2020.
SIUC also made our “Best Finance Schools in Illinois” list, coming in at #21. The estimated yearly cost for Southern Illinois University Carbondale is $16,945 for Illinois Finance students with aid.
Illinois State University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #8. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out ’s finance degrees to 245 students in 2019-2020.
As a testament to the quality of education offered at Illinois State, the school also landed the #5 spot in our “Best Finance Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $20,895 for illinois finance students with aid.
The low student loan default rate of 4.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Aurora University came in at #9 in this year’s edition of the Best Value Finance Schools in Illinois For Those Getting Aid ranking. Aurora is a private not-for-profit institution located in Aurora, Illinois. The school has a medium-sized population, and it awarded 33 ’s degrees in 2019-2020.
Aurora did well in our major quality rankings, too. It placed #15 on our “Best Finance Schools in Illinois” list. The yearly cost to attend Aurora is $17,215 for Illinois Finance students with aid.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
University of St Francis landed the #10 spot on the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking. University of Saint Francis is a private not-for-profit institution located in Joliet, Illinois. The school has a small population, and it awarded 14 ’s degrees in 2019-2020.
In addition to being on our illinois finance students with aid list, University of Saint Francis has also earned the #17 rank in our “Best Finance Schools in Illinois” ranking. It costs about $17,538 for Illinois Finance students with aid per year to attend University of Saint Francis.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.
Western Illinois University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #11. This medium-sized school is located in Macomb, Illinois, and it awarded 17 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at WIU, the school also landed the #25 spot in our “Best Finance Schools in Illinois” ranking. It costs about $16,210 for illinois finance students with aid per year to attend Western Illinois University.
Northeastern Illinois University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #12. This medium-sized school is located in Chicago, Illinois, and it awarded 58 ’s finance degrees in 2019-2020.
The yearly cost to attend Northeastern Illinois University is $15,843 for Illinois Finance students with aid.
Illinois College landed the #13 spot on the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking. This small school is located in Jacksonville, Illinois, and it awarded 17 ’s finance degrees in 2019-2020.
Illinois College did well in our major quality rankings, too. It placed #22 on our “Best Finance Schools in Illinois” list. The estimated yearly cost for Illinois College is $16,562 for illinois finance students with aid.
Quincy University did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #14. Located in Quincy, Illinois, this small private not-for-profit school awarded 17 degrees to qualified ’s finance students in 2019-2020.
It costs about $17,497 for illinois finance students with aid per year to attend Quincy U.
Augustana College did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #15. Located in Rock Island, Illinois, this small private not-for-profit school awarded 55 diplomas to qualified ’s finance students in 2019-2020.
As a testament to the quality of education offered at Augustana, the school also landed the #4 spot in our “Best Finance Schools in Illinois” ranking. It costs about $23,874 for Illinois Finance students with aid per year to attend Augustana College.
The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
With a ranking of #16, Dominican University did quite well on the 2022 Best Value Finance Schools in Illinois For Those Getting Aid list. Located in River Forest, Illinois, this small private not-for-profit school handed out 11 degrees to qualified ’s finance students in 2019-2020.
Dominican U also made our “Best Finance Schools in Illinois” list, coming in at #19. It costs about $19,268 for Illinois Finance students with aid per year to attend Dominican University.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Lewis University came in at #17 in this year’s edition of the Best Value Finance Schools in Illinois For Those Getting Aid ranking. Romeoville, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s finance degrees to 27 students in 2019-2020.
In addition to being on our illinois finance students with aid list, Lewis has also earned the #16 rank in our “Best Finance Schools in Illinois” ranking. The estimated yearly cost for Lewis University is $18,664 for illinois finance students with aid.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Elmhurst University came in at #18 in this year’s edition of the Best Value Finance Schools in Illinois For Those Getting Aid ranking. This small school is located in Elmhurst, Illinois, and it awarded 46 ’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Elmhurst, the school also landed the #11 spot in our “Best Finance Schools in Illinois” ranking. It costs about $21,485 for illinois finance students with aid per year to attend Elmhurst University.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
Concordia University, Chicago did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #19. Located in River Forest, Illinois, this medium-sized private not-for-profit school handed out 16 diplomas to qualified ’s finance students in 2019-2020.
The yearly cost to attend Concordia University, Chicago is $16,512 for Illinois Finance students with aid.
With a ranking of #20, Millikin University did quite well on the 2022 Best Value Finance Schools in Illinois For Those Getting Aid list. This small school is located in Decatur, Illinois, and it awarded 2 ’s finance degrees in 2019-2020.
Millikin did well in our major quality rankings, too. It placed #24 on our “Best Finance Schools in Illinois” list. The estimated yearly cost for Millikin University is $21,331 for illinois finance students with aid.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Trinity Christian College did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #21. Trinity Christian College is a private not-for-profit institution located in Palos Heights, Illinois. The school has a small population, and it awarded 10 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Trinity Christian, the school also landed the #18 spot in our “Best Finance Schools in Illinois” ranking. It costs about $21,904 for illinois finance students with aid per year to attend Trinity Christian College.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Bradley University landed the #22 spot on the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking. Bradley University is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 19 ’s finance degrees to qualified students.
Bradley also made our “Best Finance Schools in Illinois” list, coming in at #10. It costs about $25,634 for Illinois Finance students with aid per year to attend Bradley.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
Illinois Institute of Technology did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #23. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 38 degrees to qualified ’s finance students in 2019-2020.
Illinois Tech also took the #7 spot in our “Best Finance Schools in Illinois” ranking. It costs about $22,831 for Illinois Finance students with aid per year to attend Illinois Tech.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
North Central College came in at #24 in this year’s edition of the Best Value Finance Schools in Illinois For Those Getting Aid ranking. North Central College is a small private not-for-profit school situated in Naperville, Illinois. It awarded 39 ’s finance degrees in 2019-2020.
In addition to being on our illinois finance students with aid list, North Central has also earned the #14 rank in our “Best Finance Schools in Illinois” ranking. The estimated yearly cost for North Central College is $24,786 for Illinois Finance students with aid.
The student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.
Lake Forest College did quite well in the 2022 Best Value Finance Schools in Illinois For Those Getting Aid ranking, coming in at #25. Located in Lake Forest, Illinois, this small private not-for-profit school handed out 29 degrees to qualified ’s finance students in 2019-2020.
In addition to being on our illinois finance students with aid list, Lake Forest has also earned the #12 rank in our “Best Finance Schools in Illinois” ranking. The estimated yearly cost for Lake Forest College is $26,426 for Illinois Finance students with aid.
The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.
- Best Value Colleges for Finance in the Great Lakes Region (With Aid)
- Best Value Colleges for Finance (With Aid)
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Notes and References
References
- 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 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).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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