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2023 Best Value Colleges for Industrial Engineering (With Aid)

94 Ranked Colleges
9,072 Degrees Awarded
$15,100 Avg Net Price*
Best Value IE Schools 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 IE Schools For Those Getting Aid” ranking is one tool we have developed to help in this regard.

Industrial Engineering is the 87th most popular major in the country with 9,072 degrees awarded in 2020-2021. In 2019-2020, industrial engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,960 and had an average of $24,268 in loans still to pay off.

This year’s “Best Value IE Schools For Those Getting Aid” ranking looked at 94 colleges that offer degrees in a bachelor’s in industrial engineering. Not only do the schools that top this list have excellent industrial engineering 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 industrial engineering program at the school. See our ranking methodology to learn more.

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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value IE Schools For Those Getting Aid” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value IE Schools For Those Getting Aid

The colleges and universities below are the best for ie students with aid.

Top 25 Best Value Colleges for Industrial Engineering (With Aid)

1

You’ll join some of the best and brightest minds around if you attend University of Washington - Seattle Campus. The school came in at #1 for the Best Value IE Schools For Those Getting Aid. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 92 students in 2020-2021.

As a testament to the quality of education offered at UW Seattle, the school also landed the #12 spot in our “Best Industrial Engineering Schools” ranking. The estimated yearly cost for University of Washington - Seattle Campus is $12,017 for ie students with aid.

The school has an impressive undergrad student loan default rate. It’s only 2.1%, 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 93%.

Full UW Seattle Industrial Engineering Report

2
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #2 for the Best Value IE Schools For Those Getting Aid. Located in West Lafayette, Indiana, this large public school awarded 369 diplomas to qualified ’s IE students in 2020-2021.

As a testament to the quality of education offered at Purdue, the school also landed the #10 spot in our “Best Industrial Engineering Schools” ranking. It costs about $13,377 for ie students with aid per year to attend Purdue.

The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read more about Industrial Engineering at Purdue University - Main Campus

3

Out of the 94 schools in the Best Value IE Schools For Those Getting Aid that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #3 spot on the list. This large school is located in Ann Arbor, Michigan, and it awarded 296 ’s IE degrees in 2020-2021.

As a testament to the quality of education offered at U-M, the school also landed the #3 spot in our “Best Industrial Engineering Schools” ranking. It costs about $14,878 for ie students with aid per year to attend U-M.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.

Read more about Industrial Engineering at U-M

4

You’ll be in good company if you decide to attend Georgia Institute of Technology - Main Campus. It ranked #4 on our 2023 Best Value IE Schools For Those Getting Aid list. Georgia Institute of Technology - Main Campus is located in Atlanta, Georgia and, has a large student population. In 2020-2021, this school awarded 430 ’s IE degrees to qualified students.

Georgia Tech also made our “Best Industrial Engineering Schools” list, coming in at #4. The estimated yearly cost for Georgia Tech is $14,974 for IE students with aid.

The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Full Georgia Tech Industrial Engineering Report

5

Out of the 94 schools in the Best Value IE Schools For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #5 spot on the list. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 150 ’s degrees in 2020-2021.

UW - Madison also made our “Best Industrial Engineering Schools” list, coming in at #6. The yearly cost to attend University of Wisconsin - Madison is $17,234 for ie students with aid.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.

Full University of Wisconsin - Madison Industrial Engineering Report

6

University of Illinois at Urbana-Champaign did quite well in the 2023 Best Value IE Schools For Those Getting Aid ranking, coming in at #6. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 110 students in 2020-2021.

UIUC not only placed well in this ranking. It is also #14 on our “Best Industrial Engineering Schools” list. The yearly cost to attend UIUC is $14,321 for IE students with aid.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.3% 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 Industrial Engineering at University of Illinois at Urbana-Champaign

7

University of Central Florida landed the #7 spot on the 2023 Best Value IE Schools For Those Getting Aid ranking. Located in Orlando, Florida, this large public school handed out 222 degrees to qualified ’s IE students in 2020-2021.

It costs about $8,618 for ie students with aid per year to attend University of Central Florida.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Industrial Engineering at University of Central Florida

8

University of South Florida - Main Campus did quite well in the 2023 Best Value IE Schools For Those Getting Aid ranking, coming in at #8. USF Tampa is a large school located in Tampa, Florida that handed out 90 ’s IE degrees in 2020-2021.

It costs about $8,346 for ie students with aid per year to attend University of South Florida - Main Campus.

The low undergrad student loan default rate of 3.3% 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%. With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students.

Read full report on Industrial Engineering at University of South Florida - Main Campus

9
Virginia Tech crest
Virginia Tech
Blacksburg, Virginia

Virginia Tech landed the #9 spot on the 2023 Best Value IE Schools For Those Getting Aid ranking. Virginia Tech is a large school located in Blacksburg, Virginia that handed out 243 ’s IE degrees in 2020-2021.

Virginia Tech also made our “Best Industrial Engineering Schools” list, coming in at #5. It costs about $21,301 for IE students with aid per year to attend Virginia Tech.

With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.2% 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 Virginia Tech Industrial Engineering Report

10
NC State crest
North Carolina State University
Raleigh, North Carolina

North Carolina State University did quite well in the 2023 Best Value IE Schools For Those Getting Aid ranking, coming in at #10. North Carolina State University is a public institution located in Raleigh, North Carolina. The school has a large population, and it awarded 194 ’s degrees in 2020-2021.

NC State also took the #20 spot in our “Best Industrial Engineering Schools” ranking. The estimated yearly cost for NC State is $16,411 for IE students with aid.

With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.

Read more about Industrial Engineering at North Carolina State University

11

Iowa State University came in at #11 in this year’s edition of the Best Value IE Schools For Those Getting Aid ranking. Iowa State is a large public school situated in Ames, Iowa. It awarded 149 ’s IE degrees in 2020-2021.

Iowa State also took the #16 spot in our “Best Industrial Engineering Schools” ranking. The estimated yearly cost for Iowa State is $16,002 for IE students with aid.

The low undergrad 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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Read full report on Industrial Engineering at Iowa State

12

With a ranking of #12, Columbia University in the City of New York did quite well on the 2023 Best Value IE Schools For Those Getting Aid list. Columbia is located in New York, New York and, has a large student population. In 2020-2021, this school awarded 123 ’s IE degrees to qualified students.

Columbia did well in our major quality rankings, too. It placed #2 on our “Best Industrial Engineering Schools” list. The yearly cost to attend Columbia is $22,823 for ie students with aid.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.7% 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 undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Industrial Engineering at Columbia

13

With a ranking of #13, Texas A&M University - College Station did quite well on the 2023 Best Value IE Schools For Those Getting Aid list. This large school is located in College Station, Texas, and it awarded 402 ’s IE degrees in 2020-2021.

In addition to being on our ie students with aid list, Texas A&M College Station has also earned the #8 rank in our “Best Industrial Engineering Schools” ranking. The estimated yearly cost for Texas A&M University - College Station is $18,919 for ie students with aid.

The school has an impressive undergrad student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read full report on Industrial Engineering at Texas A&M University - College Station

14

University of Michigan - Dearborn did quite well in the 2023 Best Value IE Schools For Those Getting Aid ranking, coming in at #14. University of Michigan - Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 75 ’s IE degrees in 2020-2021.

The yearly cost to attend UM Dearborn is $12,855 for ie students with aid.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Read more about Industrial Engineering at UM Dearborn

15

University of Minnesota - Twin Cities came in at #15 in this year’s edition of the Best Value IE Schools For Those Getting Aid ranking. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 116 students in 2020-2021.

UMN Twin Cities did well in our major quality rankings, too. It placed #13 on our “Best Industrial Engineering Schools” list. The estimated yearly cost for UMN Twin Cities is $17,878 for IE students with aid.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.7% 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 more about Industrial Engineering at University of Minnesota - Twin Cities

16
NC A&T crest
North Carolina A & T State University
Greensboro, North Carolina

North Carolina A & T State University landed the #16 spot on the 2023 Best Value IE Schools For Those Getting Aid ranking. North Carolina A & T State University is a fairly large school located in Greensboro, North Carolina that handed out 50 ’s IE degrees in 2020-2021.

It costs about $10,563 for IE students with aid per year to attend NC A&T.

Read full report on Industrial Engineering at North Carolina A & T State University

17

With a ranking of #17, Arizona State University - Tempe did quite well on the 2023 Best Value IE Schools For Those Getting Aid list. Located in Tempe, Arizona, this large public school awarded 152 degrees to qualified ’s IE students in 2020-2021.

The estimated yearly cost for ASU - Tempe is $13,107 for IE students with aid.

The undergrad student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Read full report on Industrial Engineering at ASU - Tempe

18

The University of Texas at Austin did quite well in the 2023 Best Value IE Schools For Those Getting Aid ranking, coming in at #18. UT Austin is a large public school situated in Austin, Texas. It awarded 16 ’s IE degrees in 2020-2021.

UT Austin also took the #24 spot in our “Best Industrial Engineering Schools” ranking. It costs about $18,350 for IE students with aid per year to attend UT Austin.

The school has an impressive undergrad student loan default rate. It’s only 2.3%, 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 97%.

Full UT Austin Industrial Engineering Report

19
Florida State crest
Florida State University
Tallahassee, Florida

Florida State University came in at #19 in this year’s edition of the Best Value IE Schools For Those Getting Aid ranking. Florida State is a large school located in Tallahassee, Florida that handed out 47 ’s IE degrees in 2020-2021.

The yearly cost to attend Florida State University is $9,946 for ie students with aid.

The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.8% 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%.

Full Florida State University Industrial Engineering Report

19

University of Illinois at Chicago landed the #19 spot on the 2023 Best Value IE Schools For Those Getting Aid ranking. This large school is located in Chicago, Illinois, and it awarded 67 ’s IE degrees in 2020-2021.

The estimated yearly cost for UIC is $13,214 for IE students with aid.

The undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.

Full University of Illinois at Chicago Industrial Engineering Report

21
WVU crest
West Virginia University
Morgantown, West Virginia

West Virginia University came in at #21 in this year’s edition of the Best Value IE Schools For Those Getting Aid ranking. This large school is located in Morgantown, West Virginia, and it awarded 141 ’s IE degrees in 2020-2021.

It costs about $13,355 for IE students with aid per year to attend WVU.

Read more about Industrial Engineering at WVU

22
UH crest
University of Houston
Houston, Texas

With a ranking of #22, University of Houston did quite well on the 2023 Best Value IE Schools For Those Getting Aid list. University of Houston is a large school located in Houston, Texas that handed out 92 ’s IE degrees in 2020-2021.

The yearly cost to attend UH is $13,721 for ie students with aid.

The low undergrad 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%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.

Full University of Houston Industrial Engineering Report

23
Rutgers New Brunswick crest
Rutgers University - New Brunswick
New Brunswick, New Jersey

Rutgers University - New Brunswick came in at #23 in this year’s edition of the Best Value IE Schools For Those Getting Aid ranking. This large school is located in New Brunswick, New Jersey, and it awarded 117 ’s IE degrees in 2020-2021.

In addition to being on our ie students with aid list, Rutgers New Brunswick has also earned the #23 rank in our “Best Industrial Engineering Schools” ranking. The yearly cost to attend Rutgers University - New Brunswick is $23,035 for IE students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.

Read more about Industrial Engineering at Rutgers University - New Brunswick

24

California State Polytechnic University - Pomona ranked #24 on this year’s Best Value IE Schools For Those Getting Aid list. California State Polytechnic University - Pomona is a public institution located in Pomona, California. The school has a large population, and it awarded 83 ’s degrees in 2020-2021.

The yearly cost to attend California State Polytechnic University - Pomona is $14,304 for ie students with aid.

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 undergrad student loan default rate of 2.6% 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 more about Industrial Engineering at California State Polytechnic University - Pomona

25

With a ranking of #25, Ohio State University - Main Campus did quite well on the 2023 Best Value IE Schools For Those Getting Aid list. Located in Columbus, Ohio, this large public school awarded 162 diplomas to qualified ’s IE students in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #19 spot in our “Best Industrial Engineering Schools” ranking. It costs about $16,845 for IE students with aid per year to attend Ohio State.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Read more about Industrial Engineering at Ohio State

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Notes and References

References

Read more about our data sources and methodologies

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