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2024 Best Schools for the Money (With Aid) in Indiana

42 Colleges
$13,023 Avg Net Price (With Aid)*
51% Discount Rate*

It's not easy to decide which school to attend when you have so many options available. One of our goals at College Factual is to give you as much information as we can - such as our Best Indiana Schools For The Money For Those Getting Aid ranking - to help you make that decision. This list may shock you as many typically expensive schools are very generous with need-based financial aid.

See What's Included in This Value Report:

Choosing the Best School for You

We analyzed 42 schools across Indiana to determine which have the best value programs. To come up with this ranking of the best value schools, we look at factors that are all objective measurements. More specifically, the following explains what we consider and why.

Our Methodology

When determining the value of a school in our Best Colleges for the Money (With Aid) in Indiana ranking, we first look at its average net price, which is defined as the sum of room and board, tuition, and fees minus any financial aid that the student receives. But, a school that excels in providing value for your money must also be a great school overall as well.

To account for this we include a school's overall Best Colleges ranking which itself looks at a combination of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.

To learn more, visit our best value ranking methodology page.

Additional Rankings

Keep scrolling for the top schools in this ranking or select one of the other rankings methods below.

Without Aid Best Value Degrees
With Aid (Income $0-$30k) Best Value Degrees
With Aid (Income $30-$48k) Best Value Degrees
With Aid (Income $48-$75k) Best Value Degrees
With Aid (Income $75-$110k) Best Value Degrees
With Aid (Income Over $110k) Best Value Degrees
Want to see the list of best value schools for families with specific income levels or whether or not aid is being applied? Click on one of the tiles above. Are you more interested in the best value schools in your area? Try narrowing this list by location. Also, you may want to check out our other college rankings.

If you know what major you want to study, check out our list of the best value schools by major. If you're interested in other degree levels, you can view one of the lists below.

Best Value Schools (With Aid) in Indiana

Learn more about these excellent schools below:

1
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Our analysis found to be the best value (with aid) school in Indiana in this year’s ranking.

Full Value Report

2
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Indiana University - Bloomington
Bloomington, Indiana

The quality degree programs at Indiana University - Bloomington helped the school earn the #2 place on this year’s ranking of Best Colleges for the Money (With Aid) in Indiana. IU Bloomington is located in Bloomington, Indiana and has a large student population. It is a public school.

Indiana University - Bloomington has the honor of being ranked #3 in Indiana for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $13,386.

Read full value report on Indiana University - Bloomington

3
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Purdue University - Main Campus
West Lafayette, Indiana

Out of the 42 schools in Indiana that were part of this year’s ranking, Purdue University - Main Campus landed the #3 spot on the list. Purdue University - Main Campus is a large public school located in West Lafayette, Indiana.

Not only is Purdue University - Main Campus a great value, but it is also ranked #2 in Indiana for overall quality. The average net price of the school for those who receive financial aid is about $14,619 a year.

Learn More About Value at Purdue University - Main Campus

4
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Ivy Tech Community College
Indianapolis, Indiana

Out of the 42 schools in Indiana that were part of this year’s ranking, Ivy Tech Community College landed the #4 spot on the list. Ivy Tech Community College is a large public school located in Indianapolis, Indiana.

In addition to being included on this ranking as a good value, Ivy Tech Community College is ranked #11 for quality in the state of Indiana. The average net price of the school for those who receive financial aid is about $6,806 a year.

Read full value report on Ivy Tech Community College

5

The quality degree programs at Indiana University - Kokomo helped the school earn the #5 place on this year’s ranking of Best Colleges for the Money (With Aid) in Indiana. Kokomo, Indiana is the setting for this small institution of higher learning. It is a public school.

Not only is Indiana University - Kokomo a great value, but it is also ranked #39 in Indiana for overall quality. The average net price of the school for those who receive financial aid is about $4,446 a year.

Full Indiana University - Kokomo Value Report

6

Indiana University - Purdue University - Indianapolis ranked #6 on this year’s Best Colleges for the Money (With Aid) in Indiana list. IUPUI is located in Indianapolis, Indiana and has a large student population. 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. For those students who receive financial aid, the yearly average net price of the school is around $11,550.

Read full value report on Indiana University - Purdue University - Indianapolis

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Ball State University
Muncie, Indiana

Ball State University came in at #7 in this year’s edition of the Best Colleges for the Money (With Aid) in Indiana ranking. Ball State is located in Muncie, Indiana and has a large student population. 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. The average net price of the school for those who receive financial aid is about $12,968 a year.

Full Ball State University Value Report

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Indiana University - Southeast
New Albany, Indiana

Indiana University - Southeast landed the #8 spot on the 2024 Best Colleges for the Money (With Aid) in Indiana ranking. Indiana University - Southeast is a public institution located in New Albany, Indiana.

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. The average net price of the school for those who receive financial aid is about $6,344 a year.

Full Indiana University - Southeast Value Report

9

Indiana University - Northwest landed the #9 spot on the 2024 Best Colleges for the Money (With Aid) in Indiana ranking. IU Northwest is located in Gary, Indiana and has a small student population. It is a public school.

In addition to being included on this ranking as a good value, Indiana University - Northwest is ranked #37 for quality in the state of Indiana. The average net price of the school for those who receive financial aid is about $5,625 a year.

Learn More About Value at Indiana University - Northwest

10

Purdue University Northwest did quite well in the 2024 Best Colleges for the Money (With Aid) in Indiana ranking, coming in at #10. Located in Hammond, Indiana, the school is a medium-sized public institution.

Purdue University Northwest has the honor of being ranked #29 in Indiana for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $8,472.

Learn More About Value at Purdue University Northwest

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Indiana University - East
Richmond, Indiana

Indiana University - East came in at #11 in this year’s edition of the Best Colleges for the Money (With Aid) in Indiana ranking. This small public school is located in Richmond, Indiana.

Not only is Indiana University - East a great value, but it is also ranked #33 in Indiana for overall quality. The average net price of the school for those who receive financial aid is about $8,102 a year.

Full Indiana University - East Value Report

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Indiana University - South Bend ranked #12 on this year’s Best Colleges for the Money (With Aid) in Indiana list. Indiana University - South Bend is a small public school located in South Bend, Indiana.

In addition to being included on this ranking as a good value, Indiana University - South Bend is ranked #34 for quality in the state of Indiana. The average net price of the school for those who receive financial aid is about $8,189 a year.

Read full value report on Indiana University - South Bend

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Vincennes University
Vincennes, Indiana

Vincennes University did quite well in the 2024 Best Colleges for the Money (With Aid) in Indiana ranking, coming in at #13. This fairly large public school is located in Vincennes, Indiana.

Vincennes University has the honor of being ranked #12 in Indiana for overall quality on top of being a good value. The average net price of the school for those who receive financial aid is about $12,119 a year.

Learn More About Value at Vincennes University

14

With a ranking of #14, Trine University-Regional/Non-Traditional Campuses did quite well on the 2024 Best Colleges for the Money (With Aid) in Indiana list. Trine is a small private not-for-profit school situated in Fort Wayne, Indiana.

Not only is Trine University-Regional/Non-Traditional Campuses a great value, but it is also ranked #16 in Indiana for overall quality. The average net price of the school for those who receive financial aid is about $12,839 a year.

Learn More About Value at Trine University-Regional/Non-Traditional Campuses

15
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University of Southern Indiana
Evansville, Indiana

University of Southern Indiana ranked #15 on this year’s Best Colleges for the Money (With Aid) in Indiana list. This medium-sized public school is located in Evansville, Indiana.

In addition to being included on this ranking as a good value, University of Southern Indiana is ranked #20 for quality in the state of Indiana. For those students who receive financial aid, the yearly average net price of the school is around $13,719.

Learn More About Value at University of Southern Indiana

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Purdue University Fort Wayne
Fort Wayne, Indiana

Purdue University Fort Wayne came in at #16 in this year’s edition of the Best Colleges for the Money (With Aid) in Indiana ranking. PFW is a medium-sized public school situated in Fort Wayne, Indiana.

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 net price of the school for those who receive financial aid is about $11,820 a year.

Full Purdue University Fort Wayne Value Report

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Oakland City University
Oakland City, Indiana

Oakland City University came in at #17 in this year’s edition of the Best Colleges for the Money (With Aid) in Indiana ranking. Oakland City, 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, Oakland City University is ranked #35 for quality in the state of Indiana. The average net price of the school for those who receive financial aid is about $11,760 a year.

Full Oakland City University Value Report

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Indiana State University
Terre Haute, Indiana

Indiana State University landed the #18 spot on the 2024 Best Colleges for the Money (With Aid) in Indiana ranking. Indiana State is a medium-sized public school situated 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 net price of the school for those who receive financial aid is about $13,653 a year.

Read full value report on Indiana State University

19

Indiana Wesleyan University - National & Global ranked #19 on this year’s Best Colleges for the Money (With Aid) in Indiana list. IWU is located in Marion, Indiana and has a fairly large student population. It is a private not-for-profit school.

Indiana Wesleyan University - National & Global has the honor of being ranked #8 in Indiana for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $18,808.

Full Indiana Wesleyan University - National & Global Value Report

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University of Notre Dame
Notre Dame, Indiana

University of Notre Dame came in at #20 in this year’s edition of the Best Colleges for the Money (With Aid) in Indiana ranking. Located in Notre Dame, Indiana, the school is a fairly large private not-for-profit institution.

Not only is University of Notre Dame a great value, but it is also ranked #1 in Indiana for overall quality. For those students who receive financial aid, the yearly average net price of the school is around $30,513.

Full University of Notre Dame Value Report

21

With a ranking of #21, Calumet College of Saint Joseph did quite well on the 2024 Best Colleges for the Money (With Aid) in Indiana list. CCSJ is a small private not-for-profit school situated in Whiting, Indiana.

Calumet College of Saint Joseph has the honor of being ranked #41 in Indiana for overall quality on top of being a good value. The average net price of the school for those who receive financial aid is about $13,353 a year.

Full Calumet College of Saint Joseph Value Report

22

University of Saint Francis - Fort Wayne did quite well in the 2024 Best Colleges for the Money (With Aid) in Indiana ranking, coming in at #22. University of St. Francis Fort Wayne is a small private not-for-profit school situated in Fort Wayne, Indiana.

Not only is University of Saint Francis - Fort Wayne a great value, but it is also ranked #27 in Indiana for overall quality. The average net price of the school for those who receive financial aid is about $17,513 a year.

Full University of Saint Francis - Fort Wayne Value Report

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

Saint Mary-of-the-Woods College ranked #23 on this year’s Best Colleges for the Money (With Aid) in Indiana list. This small private not-for-profit school is located in Saint Mary of the Woods, Indiana.

Saint Mary-of-the-Woods College has the honor of being ranked #40 in Indiana for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $15,694.

Learn More About Value at Saint Mary-of-the-Woods College

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Grace College and Theological Seminary came in at #24 in this year’s edition of the Best Colleges for the Money (With Aid) in Indiana ranking. This small private not-for-profit school is located in Winona Lake, Indiana.

In addition to being included on this ranking as a good value, Grace College and Theological Seminary is ranked #25 for quality in the state of Indiana. For those students who receive financial aid, the yearly average net price of the school is around $18,795.

Full Grace College and Theological Seminary Value Report

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Wabash College
Crawfordsville, Indiana

Wabash College did quite well in the 2024 Best Colleges for the Money (With Aid) in Indiana ranking, coming in at #25. Crawfordsville, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.

Not only is Wabash College a great value, but it is also ranked #13 in Indiana for overall quality. The average net price of the school for those who receive financial aid is about $21,466 a year.

Read full value report on Wabash College

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Notes and References

Footnotes

*These averages are for the top 25 schools only.

More about our data sources and methodologies.

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