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2022 Best Value Bachelor’s Degree Colleges for Actuarial Science in Illinois (With Aid)

8 Ranked Colleges
164 Degrees Awarded
$21,600 Avg Net Price*
Best Value Actuarial Science Schools for a Bachelor's in Illinois For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking - to help you make that decision.

Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.

Across Illinois, there were 192 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 164 actuarial science graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking, we looked at 8 colleges that offer a degree in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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 actuarial science program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois bachelor’s degree actuarial science students with aid.

Top 8 Best Value Bachelor’s Degree Colleges for Actuarial Science in Illinois (With Aid)

#1 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 110 bachelors’s actuarial science degrees to qualified students.

As a testament to the quality of education offered at UIUC, the school also landed the #1 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIUC is $15,880 for Illinois Bachelor’s Degree Actuarial Science students with aid.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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%.

Full University of Illinois at Urbana-Champaign Actuarial Science Report

#2

Aurora University

Aurora, Illinois
#5 in overall quality

You’ll be in good company if you decide to attend Aurora University. It ranked #2 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid list. Aurora University is a medium-sized school located in Aurora, Illinois that handed out 6 bachelors’s actuarial science degrees in 2019-2020.

Aurora did well in our major quality rankings, too. It placed #5 on our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Aurora is $17,215 for illinois bachelor’s degree actuarial science students with aid.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Full Aurora Actuarial Science Report

#3

Illinois College

Jacksonville, Illinois
#7 in overall quality

You’ll be in good company if you decide to attend Illinois College. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid list. Illinois College is a private not-for-profit institution located in Jacksonville, Illinois. The school has a small population, and it awarded 1 bachelors’s degrees in 2019-2020.

Illinois College did well in our major quality rankings, too. It placed #7 on our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list. It costs about $16,562 for illinois bachelor’s degree actuarial science students with aid per year to attend Illinois College.

Full Illinois College Actuarial Science Report

#4

Olivet Nazarene University

Bourbonnais, Illinois
#6 in overall quality

You’ll be in good company if you decide to attend Olivet Nazarene University. It ranked #4 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid list. This small school is located in Bourbonnais, Illinois, and it awarded 8 bachelors’s actuarial science degrees in 2019-2020.

Olivet Nazarene did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list. It costs about $20,195 for Illinois Bachelor’s Degree Actuarial Science students with aid per year to attend Olivet Nazarene University.

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%.

Read full report on Actuarial Science at Olivet Nazarene University

#5

Bradley University

Peoria, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Bradley University. It ranked #5 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid list. Bradley University is a medium-sized private not-for-profit school situated in Peoria, Illinois. It awarded 3 bachelors’s actuarial science degrees in 2019-2020.

Bradley not only placed well in this ranking. It is also #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Bradley is $25,634 for Illinois Bachelor’s Degree Actuarial Science 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read more about Actuarial Science at Bradley

#6

North Central College

Naperville, Illinois
#4 in overall quality

North Central College came in at #6 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. North Central College is located in Naperville, Illinois and, has a small student population. In 2019-2020, this school awarded 17 bachelors’s actuarial science degrees to qualified students.

As a testament to the quality of education offered at North Central, the school also landed the #4 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” ranking. It costs about $24,786 for Illinois Bachelor’s Degree Actuarial Science students with aid per year to attend North Central.

The school has an impressive student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.

Full North Central Actuarial Science Report

#7

Roosevelt University

Chicago, Illinois
#8 in overall quality

With a ranking of #7, Roosevelt University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid list. This small school is located in Chicago, Illinois, and it awarded 5 bachelors’s actuarial science degrees in 2019-2020.

Roosevelt also made our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list, coming in at #8. The yearly cost to attend Roosevelt University is $22,749 for illinois bachelor’s degree actuarial science students with aid.

Full Roosevelt Actuarial Science Report

#8

DePaul University

Chicago, Illinois
#3 in overall quality

DePaul University came in at #8 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. DePaul University is a large school located in Chicago, Illinois that handed out 14 bachelors’s actuarial science degrees in 2019-2020.

DePaul also made our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list, coming in at #3. The estimated yearly cost for DePaul University is $30,090 for Illinois Bachelor’s Degree Actuarial Science students with aid.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at DePaul

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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.

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