Our analysis found to be the best value (with aid) school in Indiana in this year’s ranking.
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:
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.
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.
Keep scrolling for the top schools in this ranking or select one of the other rankings methods below.
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.
Learn more about these excellent schools below:
Our analysis found to be the best value (with aid) school in Indiana in this year’s ranking.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.