2022 Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking is one tool we have developed to help in this regard.

Engineering Physics is the 239th most popular major in the country with 941 degrees awarded in 2019-2020. In 2017-2018, engineering physics graduates who were awarded their degree in 2015-2017, earned an average of $59,675 and had an average of $20,001 in loans still to pay off.

Across Indiana, there were 14 engineering physics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 14 engineering physics graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking analyzed 2 colleges that offered a degree in engineering physics. Not only do the schools that top this list have excellent engineering physics 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 engineering physics program at the school. For more information, check out our ranking methodology.

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 Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid

The following schools top our list of the Best Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering Physics in Indiana (With Aid)

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$20,820 Average Net Price

$59,722 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #1 for the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid. Winona Lake, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s engineering physics degrees to 7 students in 2019-2020.

Grace College did well in our major quality rankings, too. It placed #2 on our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Grace College is $20,820 for Indiana Bachelor’s Degree Engineering Physics 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 Engineering Physics at Grace College

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$39,076 Average Net Price

You’ll join some of the best and brightest minds around if you attend Rose - Hulman Institute of Technology. The school came in at #2 for the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Getting Aid. Rose - Hulman Institute of Technology is a small private not-for-profit school situated in Terre Haute, Indiana. It awarded 5 bachelors’s engineering physics degrees in 2019-2020.

Rose - Hulman Institute of Technology not only placed well in this ranking. It is also #1 on our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Rose - Hulman Institute of Technology is $39,076 for Indiana Bachelor’s Degree Engineering Physics students with aid.

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. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%.

Full Rose - Hulman Institute of Technology Engineering Physics Report

• Best Value Bachelor’s Degree Colleges for Engineering Physics in the Great Lakes Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Engineering Physics (With Aid)

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 NASA.

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