by our College Data Analytics TeamWith all of the options you have for higher education today, it can be tough to choose which direction to take when you want to pursue a degree. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our Best Colleges for the Money (Income $30-$48k) in Indiana ranking is part of that endeavor. You may be surprised that some normally high-priced schools offer very generous financial aid packages to those who qualify.
In This Year's Value Report:
Our analysis looked at 41 schools in Indiana to determine which ones have the best value programs. Our ranking methodology focuses on different objective factors to make this determination of the best value schools. We explain more about what we look at and why we do so below.
To calculate the value of a school in our Best Colleges for the Money (Income $30-$48k) in Indiana ranking, we first consider its average net price of students from families making $30-$48k a year. The net price is the sum of room and board, tuition, and fees minus any financial aid that that the student receives. In addition, the overall quality of a school is important to ensure a quality education, not just how much it costs.
To make it into this list a school must offer a quality education like the schools in our Best Colleges ranking. This ranking considers factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.
We go into more detail on these factors on our best value ranking methodology page.
You can scroll down to see the top schools for this ranking, but you may also want to view some of the other ranking methods listed below.
Know what field you want to major in? Make sure you check out our best value schools by major. In addition, you can select one of the links below to see the best value colleges for other degree levels.
Learn more about these excellent schools below:
Purdue University - Main Campus tops this year’s ranking as the best value (income $30-$48k) school in Indiana for overall quality. Purdue is located in West Lafayette, Indiana and has a large student population. It is a public school.
In addition to being included on this ranking as a good value, Purdue University - Main Campus is ranked #2 for quality in the state of Indiana. The average yearly net price for a student whose family makes $30-$48k per year is $2,955.
You’ll be in good company if you decide to attend . It ranked #2 on our 2024 Best Colleges for the Money (Income $30-$48k) in Indiana list.
A rank of #3 on our Best Colleges for the Money (Income $30-$48k) in Indiana list means University of Notre Dame is a great place for students working on their degree. Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana.
In addition to being included on this ranking as a good value, University of Notre Dame is ranked #1 for quality in the state of Indiana. The average yearly net price for a student whose family makes $30-$48k per year is $8,482.
You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #4 on our 2024 Best Colleges for the Money (Income $30-$48k) in Indiana list. IU Bloomington is a public institution located in Bloomington, Indiana.
In addition to being included on this ranking as a good value, Indiana University - Bloomington is ranked #3 for quality in the state of Indiana. Students from families who make $30-$48k a year pay an annual average net price of $6,914.
A rank of #5 on our Best Colleges for the Money (Income $30-$48k) in Indiana list means Indiana University - Purdue University - Indianapolis is a great place for students working on their degree. Indianapolis, Indiana is the setting for this large institution of higher learning. It is a public school.
Indiana University - Purdue University - Indianapolis has the honor of being ranked #7 in Indiana for overall quality on top of being a good value. Students from families who make $30-$48k a year pay an annual average net price of $6,181.
Learn More About Value at Indiana University - Purdue University - Indianapolis
Ivy Tech Community College landed the #6 spot on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Ivy Tech Community College is a public institution located in Indianapolis, Indiana.
Not only is Ivy Tech Community College a great value, but it is also ranked #11 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $5,880.
Indiana University - Kokomo ranked #7 on this year’s Best Colleges for the Money (Income $30-$48k) in Indiana list. IU Kokomo is located in Kokomo, Indiana and has a small student population. It is a public school.
Indiana University - Kokomo has the honor of being ranked #39 in Indiana for overall quality on top of being a good value. Students from families who make $30-$48k a year pay an annual average net price of $1,339.
Ball State University came in at #8 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Muncie, Indiana is the setting for this large institution of higher learning. It is a public school.
Not only is Ball State University a great value, but it is also ranked #6 in Indiana for overall quality. Students from families who make $30-$48k a year pay an annual average net price of $9,925.
Indiana University - Southeast came in at #9 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. New Albany, Indiana is the setting for this small institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Indiana University - Southeast is ranked #30 for quality in the state of Indiana. Students from families who make $30-$48k a year pay an annual average net price of $4,802.
Indiana University - Northwest landed the #10 spot on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking. IU Northwest is located in Gary, Indiana and has a small student population. It is a public school.
Not only is Indiana University - Northwest a great value, but it is also ranked #37 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $4,070.
Vincennes University came in at #11 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Vincennes University is located in Vincennes, Indiana and has a fairly large student population. It is a public school.
Vincennes University has the honor of being ranked #12 in Indiana for overall quality on top of being a good value. Students from families who make $30-$48k a year pay an annual average net price of $9,315.
Indiana University - East came in at #12 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Richmond, Indiana is the setting for this small institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Indiana University - East is ranked #33 for quality in the state of Indiana. Students from families who make $30-$48k a year pay an annual average net price of $5,644.
Indiana University - South Bend did quite well in the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #13. Indiana University - South Bend is a small public school located in South Bend, Indiana.
Indiana University - South Bend has the honor of being ranked #34 in Indiana for overall quality on top of being a good value. Students from families who make $30-$48k a year pay an annual average net price of $5,777.
With a ranking of #14, Purdue University Northwest did quite well on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana list. Hammond, Indiana is the setting for this medium-sized institution of higher learning. It is a public school.
Not only is Purdue University Northwest a great value, but it is also ranked #29 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $6,763.
DePauw University ranked #15 on this year’s Best Colleges for the Money (Income $30-$48k) in Indiana list. DePauw is located in Greencastle, Indiana and has a small student population. It is a private not-for-profit school.
Not only is DePauw University a great value, but it is also ranked #5 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $14,221.
With a ranking of #16, Purdue University Fort Wayne did quite well on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana list. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. It is a public school.
Purdue University Fort Wayne has the honor of being ranked #31 in Indiana for overall quality on top of being a good value. The average yearly net price for a student whose family makes $30-$48k per year is $7,358.
Wabash College landed the #17 spot on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Wabash is located in Crawfordsville, Indiana and has a small student population. It is a private not-for-profit school.
Wabash College has the honor of being ranked #13 in Indiana for overall quality on top of being a good value. The average yearly net price for a student whose family makes $30-$48k per year is $11,260.
University of Southern Indiana did quite well in the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #18. This medium-sized public school is located in Evansville, Indiana.
Not only is University of Southern Indiana a great value, but it is also ranked #20 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $10,239.
Indiana State University came in at #19 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Indiana State is a public institution located in Terre Haute, Indiana.
Not only is Indiana State University a great value, but it is also ranked #24 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $11,469.
Oakland City University came in at #20 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Oakland City is a private not-for-profit institution located in Oakland City, Indiana.
Not only is Oakland City University a great value, but it is also ranked #35 in Indiana for overall quality. Students from families who make $30-$48k a year pay an annual average net price of $9,812.
Saint Mary’s College came in at #21 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. This small private not-for-profit school is located in Notre Dame, Indiana.
Not only is Saint Mary’s College a great value, but it is also ranked #9 in Indiana for overall quality. The average yearly net price for a student whose family makes $30-$48k per year is $15,790.
With a ranking of #22, Indiana Wesleyan University did quite well on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana list. Marion, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Indiana Wesleyan University is ranked #19 for quality in the state of Indiana. The average yearly net price for a student whose family makes $30-$48k per year is $13,903.
University of Saint Francis - Fort Wayne came in at #23 in this year’s edition of the Best Colleges for the Money (Income $30-$48k) in Indiana ranking. University of St. Francis Fort Wayne is located in Fort Wayne, Indiana and has a small student population. It is a private not-for-profit school.
Not only is University of Saint Francis - Fort Wayne a great value, but it is also ranked #27 in Indiana for overall quality. Students from families who make $30-$48k a year pay an annual average net price of $12,655.
Learn More About Value at University of Saint Francis - Fort Wayne
Manchester University did quite well in the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #24. Manchester University is a small private not-for-profit school located in North Manchester, Indiana.
Manchester University has the honor of being ranked #21 in Indiana for overall quality on top of being a good value. The average yearly net price for a student whose family makes $30-$48k per year is $13,795.
Taylor University landed the #25 spot on the 2024 Best Colleges for the Money (Income $30-$48k) in Indiana ranking. Taylor U is located in Upland, Indiana and has a small student population. It is a private not-for-profit school.
Not only is Taylor University a great value, but it is also ranked #14 in Indiana for overall quality. Students from families who make $30-$48k a year pay an annual average net price of $16,423.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.