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2023 Best Value Colleges for Liberal Arts in Indiana (With Aid)

11 Ranked Colleges
1,702 Degrees Awarded
$14,500 Avg Net Price*
Best Value Liberal Studies Schools in Indiana For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Liberal Studies Schools in Indiana For Those Getting Aid” ranking as one item you can use to help make this decision.

With 366,996 degrees handed out in 2020-2021, liberal arts is the 2nd most popular major in the United States.

Across Indiana, there were 1,702 liberal arts graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Liberal Studies Schools in Indiana For Those Getting Aid” ranking looked at 11 colleges that offer degrees in a bachelor’s in liberal arts. This ranking identifies schools with high-quality liberal arts programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the liberal arts program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Liberal Studies Schools in Indiana 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Liberal Studies Schools in Indiana For Those Getting Aid

The following schools top our list of the Best Best Value Liberal Studies Schools in Indiana For Those Getting Aid.

Top 11 Best Value Colleges for Liberal Arts in Indiana (With Aid)

1
Ivy Tech Community College crest
Ivy Tech Community College
Indianapolis, Indiana

Out of the 11 schools in the Best Value Liberal Studies Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Ivy Tech Community College landed the #1 spot on the list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out ’s liberal studies degrees to 356 students in 2020-2021.

Ivy Tech Community College also took the #5 spot in our “Best Liberal Arts Schools in Indiana” ranking. The yearly cost to attend Ivy Tech Community College is $7,669 for Indiana Liberal Studies students with aid.

Read full report on Liberal Arts at Ivy Tech Community College

2
Vincennes University crest
Vincennes University
Vincennes, Indiana

You’ll be in good company if you decide to attend Vincennes University. It ranked #2 on our 2023 Best Value Liberal Studies Schools in Indiana For Those Getting Aid list. Vincennes University is a fairly large school located in Vincennes, Indiana that handed out 566 ’s liberal studies degrees in 2020-2021.

Vincennes University also took the #4 spot in our “Best Liberal Arts Schools in Indiana” ranking. It costs about $11,518 for Indiana Liberal Studies students with aid per year to attend Vincennes University.

Read full report on Liberal Arts at Vincennes University

3
IU Bloomington crest
Indiana University - Bloomington
Bloomington, Indiana

Out of the 11 schools in the Best Value Liberal Studies Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Bloomington landed the #3 spot on the list. Indiana University - Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 225 ’s degrees in 2020-2021.

IU Bloomington also made our “Best Liberal Arts Schools in Indiana” list, coming in at #2. It costs about $14,619 for indiana liberal studies students with aid per year to attend IU Bloomington.

The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Full Indiana University - Bloomington Liberal Arts Report

4
Indiana University - Southeast crest
Indiana University - Southeast
New Albany, Indiana

You’ll join some of the best and brightest minds around if you attend Indiana University - Southeast. The school came in at #4 for the Best Value Liberal Studies Schools in Indiana For Those Getting Aid. Located in New Albany, Indiana, this small public school awarded 12 diplomas to qualified ’s liberal studies students in 2020-2021.

In addition to being on our indiana liberal studies students with aid list, Indiana University - Southeast has also earned the #6 rank in our “Best Liberal Arts Schools in Indiana” ranking. It costs about $11,446 for Indiana Liberal Studies students with aid per year to attend Indiana University - Southeast.

Read full report on Liberal Arts at Indiana University - Southeast

5

Out of the 11 schools in the Best Value Liberal Studies Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - South Bend landed the #5 spot on the list. Located in South Bend, Indiana, this small public school awarded 12 degrees to qualified ’s liberal studies students in 2020-2021.

As a testament to the quality of education offered at Indiana University - South Bend, the school also landed the #7 spot in our “Best Liberal Arts Schools in Indiana” ranking. It costs about $9,646 for indiana liberal studies students with aid per year to attend Indiana University - South Bend.

Read more about Liberal Arts at Indiana University - South Bend

6
Ball State crest
Ball State University
Muncie, Indiana

With a ranking of #6, Ball State University did quite well on the 2023 Best Value Liberal Studies Schools in Indiana For Those Getting Aid list. Ball State University is a large school located in Muncie, Indiana that handed out 217 ’s liberal studies degrees in 2020-2021.

Ball State also took the #3 spot in our “Best Liberal Arts Schools in Indiana” ranking. The yearly cost to attend Ball State University is $14,765 for indiana liberal studies students with aid.

The low undergrad student loan default rate of 4.2% 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 Ball State University Liberal Arts Report

7
USI crest
University of Southern Indiana
Evansville, Indiana

University of Southern Indiana landed the #7 spot on the 2023 Best Value Liberal Studies Schools in Indiana For Those Getting Aid ranking. University of Southern Indiana is located in Evansville, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 41 ’s liberal studies degrees to qualified students.

USI did well in our major quality rankings, too. It placed #8 on our “Best Liberal Arts Schools in Indiana” list. The estimated yearly cost for USI is $13,481 for indiana liberal studies students with aid.

The low undergrad student loan default rate of 3.9% 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%.

Full USI Liberal Arts Report

8

With a ranking of #8, Purdue University Northwest did quite well on the 2023 Best Value Liberal Studies Schools in Indiana For Those Getting Aid list. Located in Hammond, Indiana, this medium-sized public school handed out 44 diplomas to qualified ’s liberal studies students in 2020-2021.

Purdue Northwest not only placed well in this ranking. It is also #10 on our “Best Liberal Arts Schools in Indiana” list. It costs about $11,384 for indiana liberal studies students with aid per year to attend Purdue Northwest.

Read more about Liberal Arts at Purdue Northwest

9
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

With a ranking of #9, University of Notre Dame did quite well on the 2023 Best Value Liberal Studies Schools in Indiana For Those Getting Aid list. Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 36 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Notre Dame, the school also landed the #1 spot in our “Best Liberal Arts Schools in Indiana” ranking. It costs about $31,101 for Indiana Liberal Studies students with aid per year to attend Notre Dame.

The impressive undergraduate student-to-faculty ratio of 9 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%. The low undergrad student loan default rate of 0.7% 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 Liberal Arts at University of Notre Dame

10
Indiana State crest
Indiana State University
Terre Haute, Indiana

Indiana State University landed the #10 spot on the 2023 Best Value Liberal Studies Schools in Indiana For Those Getting Aid ranking. Indiana State is located in Terre Haute, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 36 ’s liberal studies degrees to qualified students.

Indiana State also made our “Best Liberal Arts Schools in Indiana” list, coming in at #11. The yearly cost to attend Indiana State University is $14,270 for indiana liberal studies students with aid.

Read more about Liberal Arts at Indiana State University

11
UIndy crest
University of Indianapolis
Indianapolis, Indiana

University of Indianapolis ranked #11 on this year’s Best Value Liberal Studies Schools in Indiana For Those Getting Aid list. University of Indianapolis is located in Indianapolis, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 14 ’s liberal studies degrees to qualified students.

UIndy also made our “Best Liberal Arts Schools in Indiana” list, coming in at #9. The yearly cost to attend University of Indianapolis is $19,808 for Indiana Liberal Studies students with aid.

Read full report on Liberal Arts at University of Indianapolis

Notes and References

References

Read more about our data sources and methodologies

Footnotes

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