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2023 Best Value Colleges for Psychology in Indiana (With Aid)

25 Ranked Colleges
3,554 Degrees Awarded
$17,400 Avg Net Price*
Best Value Psychology Schools in Indiana 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 Psychology Schools in Indiana For Those Getting Aid” ranking - to help you make that decision.

With 195,678 degrees handed out in 2020-2021, psychology is the 8th most popular major in the United States. In 2019-2020, psychology graduates who were awarded their degree in 2017-2019, earned an average of $35,611 and had an average of $25,989 in loans still to pay off.

Across Indiana, there were 3,554 psychology graduates with average earnings and debt of $32,386 and $27,226 respectively.

This year’s “Best Value Psychology Schools in Indiana For Those Getting Aid” ranking looked at 25 colleges that offer degrees in a bachelor’s in psychology. Not only do the schools that top this list have excellent psychology programs, but they also cost less that schools of similar quality.

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

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The psychology 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 Psychology Schools in Indiana For Those Getting Aid”.

You can create your own custom comparison that focuses on the factors most important to you using our 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 Psychology Schools in Indiana For Those Getting Aid

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

Top 25 Best Value Colleges for Psychology in Indiana (With Aid)

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 276 students in 2020-2021.

Purdue also made our “Best Psychology Schools in Indiana” list, coming in at #2. The estimated yearly cost for Purdue is $13,377 for Indiana Psychology students with aid.

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 full report on Psychology at Purdue

2

Out of the 25 schools in the Best Value Psychology Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #2 spot on the list. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 232 ’s psychology degrees in 2020-2021.

In addition to being on our indiana psychology students with aid list, IUPUI has also earned the #7 rank in our “Best Psychology Schools in Indiana” ranking. The yearly cost to attend IUPUI is $12,416 for indiana psychology 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%.

Read more about Psychology at Indiana University - Purdue University - Indianapolis

3
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Ball State University
Muncie, Indiana

Out of the 25 schools in the Best Value Psychology Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Ball State University landed the #3 spot on the list. Ball State is a large public school situated in Muncie, Indiana. It awarded 433 ’s psychology degrees in 2020-2021.

In addition to being on our indiana psychology students with aid list, Ball State has also earned the #5 rank in our “Best Psychology Schools in Indiana” ranking. The estimated yearly cost for Ball State University is $14,765 for Indiana Psychology 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%.

Read full report on Psychology at Ball State University

4

You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #4 on our 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. Gary, Indiana is the setting for this small institution of higher learning. The public school handed out ’s psychology degrees to 49 students in 2020-2021.

IU Northwest not only placed well in this ranking. It is also #19 on our “Best Psychology Schools in Indiana” list. The estimated yearly cost for Indiana University - Northwest is $6,363 for indiana psychology students with aid.

Read more about Psychology at IU Northwest

5
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Indiana State University
Terre Haute, Indiana

Out of the 25 schools in the Best Value Psychology Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana State University landed the #5 spot on the list. Indiana State is a public institution located in Terre Haute, Indiana. The school has a medium-sized population, and it awarded 125 ’s degrees in 2020-2021.

Indiana State also took the #10 spot in our “Best Psychology Schools in Indiana” ranking. The yearly cost to attend Indiana State is $14,270 for indiana psychology students with aid.

Read full report on Psychology at Indiana State University

6
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Indiana University - Southeast
New Albany, Indiana

Indiana University - Southeast did quite well in the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid ranking, coming in at #6. Indiana University - Southeast is a small public school situated in New Albany, Indiana. It awarded 64 ’s psychology degrees in 2020-2021.

Indiana University - Southeast also made our “Best Psychology Schools in Indiana” list, coming in at #18. The yearly cost to attend Indiana University - Southeast is $11,446 for Indiana Psychology students with aid.

Full Indiana University - Southeast Psychology Report

7
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Indiana University - East
Richmond, Indiana

Indiana University - East did quite well in the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid ranking, coming in at #7. Indiana University - East is located in Richmond, Indiana and, has a small student population. In 2020-2021, this school awarded 125 ’s psychology degrees to qualified students.

IU East also made our “Best Psychology Schools in Indiana” list, coming in at #20. The estimated yearly cost for IU East is $9,285 for Indiana Psychology students with aid.

Full Indiana University - East Psychology Report

8
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University of Southern Indiana
Evansville, Indiana

University of Southern Indiana ranked #8 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. University of Southern Indiana is a public institution located in Evansville, Indiana. The school has a medium-sized population, and it awarded 75 ’s degrees in 2020-2021.

USI also took the #15 spot in our “Best Psychology Schools in Indiana” ranking. The yearly cost to attend University of Southern Indiana is $13,481 for Indiana Psychology 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 Psychology Report

9
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University of Notre Dame
Notre Dame, Indiana

University of Notre Dame came in at #9 in this year’s edition of the Best Value Psychology Schools in Indiana For Those Getting Aid ranking. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 120 students in 2020-2021.

Notre Dame also took the #1 spot in our “Best Psychology Schools in Indiana” ranking. The yearly cost to attend University of Notre Dame is $31,101 for Indiana Psychology students with aid.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Psychology at Notre Dame

10

Indiana University - South Bend did quite well in the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid ranking, coming in at #10. Located in South Bend, Indiana, this small public school handed out 35 degrees to qualified ’s psychology students in 2020-2021.

Indiana University - South Bend also took the #23 spot in our “Best Psychology Schools in Indiana” ranking. The estimated yearly cost for Indiana University - South Bend is $9,646 for indiana psychology students with aid.

Read more about Psychology at Indiana University - South Bend

11

Indiana University - Kokomo ranked #11 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. Located in Kokomo, Indiana, this small public school awarded 30 degrees to qualified ’s psychology students in 2020-2021.

As a testament to the quality of education offered at IU Kokomo, the school also landed the #25 spot in our “Best Psychology Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Kokomo is $10,703 for indiana psychology students with aid.

Read more about Psychology at IU Kokomo

12

Purdue University Northwest ranked #12 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. Located in Hammond, Indiana, this medium-sized public school handed out 57 diplomas to qualified ’s psychology students in 2020-2021.

Purdue Northwest not only placed well in this ranking. It is also #21 on our “Best Psychology Schools in Indiana” list. It costs about $11,384 for Indiana Psychology students with aid per year to attend Purdue Northwest.

Read full report on Psychology at Purdue Northwest

13
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Valparaiso University
Valparaiso, Indiana

Valparaiso University did quite well in the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid ranking, coming in at #13. Valparaiso University is a small school located in Valparaiso, Indiana that handed out 56 ’s psychology degrees in 2020-2021.

Valpo also made our “Best Psychology Schools in Indiana” list, coming in at #8. The yearly cost to attend Valpo is $22,899 for indiana psychology students with aid.

The undergrad student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Full Valparaiso University Psychology Report

14
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University of Indianapolis
Indianapolis, Indiana

University of Indianapolis came in at #14 in this year’s edition of the Best Value Psychology Schools in Indiana For Those Getting Aid ranking. UIndy is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 154 ’s degrees in 2020-2021.

UIndy not only placed well in this ranking. It is also #11 on our “Best Psychology Schools in Indiana” list. The yearly cost to attend University of Indianapolis is $19,808 for indiana psychology students with aid.

Read full report on Psychology at University of Indianapolis

15
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University of Evansville
Evansville, Indiana

With a ranking of #15, University of Evansville did quite well on the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. Evansville, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 22 students in 2020-2021.

As a testament to the quality of education offered at UE, the school also landed the #9 spot in our “Best Psychology Schools in Indiana” ranking. The estimated yearly cost for University of Evansville is $22,912 for indiana psychology students with aid.

The impressive undergraduate 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 undergrad student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.

Read more about Psychology at University of Evansville

16

With a ranking of #16, Grace College and Theological Seminary did quite well on the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. Grace College and Theological Seminary is located in Winona Lake, Indiana and, has a small student population. In 2020-2021, this school awarded 54 ’s psychology degrees to qualified students.

Grace College did well in our major quality rankings, too. It placed #16 on our “Best Psychology Schools in Indiana” list. It costs about $20,060 for indiana psychology students with aid per year to attend Grace College and Theological Seminary.

The low undergrad student loan default rate of 3.1% 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 Psychology at Grace College and Theological Seminary

17
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Hanover College
Hanover, Indiana

Hanover College came in at #17 in this year’s edition of the Best Value Psychology Schools in Indiana For Those Getting Aid ranking. Located in Hanover, Indiana, this small private not-for-profit school handed out 19 degrees to qualified ’s psychology students in 2020-2021.

As a testament to the quality of education offered at Hanover, the school also landed the #12 spot in our “Best Psychology Schools in Indiana” ranking. It costs about $20,732 for Indiana Psychology students with aid per year to attend Hanover.

The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full Hanover College Psychology Report

18
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Huntington University
Huntington, Indiana

With a ranking of #18, Huntington University did quite well on the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. Huntington is a private not-for-profit institution located in Huntington, Indiana. The school has a small population, and it awarded 42 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Huntington, the school also landed the #14 spot in our “Best Psychology Schools in Indiana” ranking. The yearly cost to attend Huntington University is $21,825 for indiana psychology students with aid.

The undergrad student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Psychology at Huntington

19
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Saint Mary's College
Notre Dame, Indiana

Saint Mary’s College ranked #19 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. This small school is located in Notre Dame, Indiana, and it awarded 26 ’s psychology degrees in 2020-2021.

St. Mary’s College not only placed well in this ranking. It is also #6 on our “Best Psychology Schools in Indiana” list. The estimated yearly cost for St. Mary’s College is $23,625 for indiana psychology students with aid.

The school has an impressive undergrad student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Psychology at Saint Mary’s College

20
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Trine University
Angola, Indiana

Trine University did quite well in the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid ranking, coming in at #20. Trine is a small school located in Angola, Indiana that handed out 19 ’s psychology degrees in 2020-2021.

In addition to being on our indiana psychology students with aid list, Trine has also earned the #13 rank in our “Best Psychology Schools in Indiana” ranking. It costs about $25,028 for indiana psychology students with aid per year to attend Trine University.

The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.

Read more about Psychology at Trine University

21
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DePauw University
Greencastle, Indiana

DePauw University ranked #21 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. Located in Greencastle, Indiana, this small private not-for-profit school awarded 28 diplomas to qualified ’s psychology students in 2020-2021.

DePauw did well in our major quality rankings, too. It placed #4 on our “Best Psychology Schools in Indiana” list. The yearly cost to attend DePauw University is $25,587 for Indiana Psychology students with aid.

The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 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 Psychology at DePauw University

22
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Saint Mary-of-the-Woods College
Saint Mary of the Woods, Indiana

With a ranking of #22, Saint Mary-of-the-Woods College did quite well on the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. Saint Mary of the Woods, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 27 students in 2020-2021.

It costs about $15,585 for Indiana Psychology students with aid per year to attend SMWC.

The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Psychology at Saint Mary-of-the-Woods College

23
Marian crest
Marian University
Indianapolis, Indiana

Marian University ranked #23 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. Indianapolis, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 19 students in 2020-2021.

Marian also took the #24 spot in our “Best Psychology Schools in Indiana” ranking. The yearly cost to attend Marian University is $19,266 for indiana psychology students with aid.

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%.

Read more about Psychology at Marian University

24
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Taylor University
Upland, Indiana

Taylor University ranked #24 on this year’s Best Value Psychology Schools in Indiana For Those Getting Aid list. This small school is located in Upland, Indiana, and it awarded 27 ’s psychology degrees in 2020-2021.

Taylor U also took the #17 spot in our “Best Psychology Schools in Indiana” ranking. It costs about $24,628 for indiana psychology students with aid per year to attend Taylor U.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%.

Full Taylor U Psychology Report

25
Martin University crest
Martin University
Indianapolis, Indiana

With a ranking of #25, Martin University did quite well on the 2023 Best Value Psychology Schools in Indiana For Those Getting Aid list. Located in Indianapolis, Indiana, this small private not-for-profit school handed out 50 degrees to qualified ’s psychology students in 2020-2021.

The estimated yearly cost for Martin University is $14,764 for indiana psychology students with aid.

Full Martin University Psychology Report

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