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Our analysis found to be the best value (with aid) school for master’s degrees in Indiana in this year’s ranking.
by our College Data Analytics TeamWhen pursuing a degree in today's world, there are many different options to choose from. At College Factual, we're committed to helping you make that decision by providing information such as that found in our Best Master's Degree Colleges for the Money (With Aid) in Indiana ranking. The amount of financial aid you could receive at various schools, including some with high sticker prices, may surprise you.
See What's Included in This Value Report:
We analyzed 33 schools across Indiana to determine which have the best value Master's Degree programs. Instead of depending on subjective information to rank the best value schools, we focus on objective factors in our analysis. In the next few paragraphs, we'll talk a little about what we use in our analysis and why.
When determining the value of a school in our Best Master's Degree 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 take this into account we include a school's overall Best Colleges ranking which itself looks at a collection of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
Find out more about our best value ranking methodology.
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 for master’s degrees in Indiana in this year’s ranking.
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #2 on our 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. This large public school is 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.
You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #3 on our 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. Bloomington, Indiana is the setting for this large institution of higher learning. It is a public school.
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.
Out of the 33 master’s degree schools in Indiana that were part of this year’s ranking, Ball State University landed the #4 spot on the list. Muncie, Indiana is the setting for this large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Ball State University is ranked #5 for quality in the state of Indiana.
Out of the 33 master’s degree schools in Indiana that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #5 spot on the list. This large public school is located in Indianapolis, Indiana.
Not only is Indiana University - Purdue University - Indianapolis a great value, but it is also ranked #7 in Indiana for overall quality.
Learn More About Value at Indiana University - Purdue University - Indianapolis
Indiana University - Kokomo came in at #6 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. Indiana University - Kokomo is a small public school located in Kokomo, Indiana.
Indiana University - Kokomo has the honor of being ranked #31 in Indiana for overall quality on top of being a good value.
Indiana University - Southeast landed the #7 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. Indiana University - Southeast is a small public school situated in New Albany, Indiana.
In addition to being included on this ranking as a good value, Indiana University - Southeast is ranked #23 for quality in the state of Indiana.
With a ranking of #8, Indiana University - Northwest did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. This small public school is located in Gary, Indiana.
Not only is Indiana University - Northwest a great value, but it is also ranked #26 in Indiana for overall quality.
Trine University-Regional/Non-Traditional Campuses ranked #9 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. Trine University-Regional/Non-Traditional Campuses is a small private not-for-profit school located in Fort Wayne, Indiana.
Trine University-Regional/Non-Traditional Campuses has the honor of being ranked #10 in Indiana for overall quality on top of being a good value.
Full Trine University-Regional/Non-Traditional Campuses Value Report
Purdue University Northwest came in at #10 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. This medium-sized public school is located in Hammond, Indiana.
Purdue University Northwest has the honor of being ranked #24 in Indiana for overall quality on top of being a good value.
Indiana University - East ranked #11 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. Located in Richmond, Indiana, the school is a small public institution.
Not only is Indiana University - East a great value, but it is also ranked #28 in Indiana for overall quality.
Indiana University - South Bend did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking, coming in at #12. This small public school is located in South Bend, Indiana.
In addition to being included on this ranking as a good value, Indiana University - South Bend is ranked #27 for quality in the state of Indiana.
University of Southern Indiana ranked #13 on this year’s Best Master’s Degree 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 #11 for quality in the state of Indiana.
Purdue University Fort Wayne did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking, coming in at #14. This medium-sized public school is located in Fort Wayne, Indiana.
Not only is Purdue University Fort Wayne a great value, but it is also ranked #22 in Indiana for overall quality.
Oakland City University came in at #15 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. This small private not-for-profit school is located in Oakland City, Indiana.
Not only is Oakland City University a great value, but it is also ranked #30 in Indiana for overall quality.
Indiana State University landed the #16 spot on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. Indiana State is a medium-sized public school situated in Terre Haute, Indiana.
Indiana State University has the honor of being ranked #20 in Indiana for overall quality on top of being a good value.
Indiana Wesleyan University - National & Global came in at #17 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. IWU is located in Marion, Indiana and has a fairly large student population. It is a private not-for-profit school.
Not only is Indiana Wesleyan University - National & Global a great value, but it is also ranked #9 in Indiana for overall quality.
Read full value report on Indiana Wesleyan University - National & Global
University of Notre Dame came in at #18 in this year’s edition of the Best Master’s Degree 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.
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.
With a ranking of #19, Saint Mary-of-the-Woods College did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. Located in Saint Mary of the Woods, Indiana, the school is a small private not-for-profit institution.
Not only is Saint Mary-of-the-Woods College a great value, but it is also ranked #25 in Indiana for overall quality.
Grace College and Theological Seminary did quite well in the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking, coming in at #20. Grace College is a small private not-for-profit school situated in Winona Lake, Indiana.
In addition to being included on this ranking as a good value, Grace College and Theological Seminary is ranked #15 for quality in the state of Indiana.
Read full value report on Grace College and Theological Seminary
University of Saint Francis - Fort Wayne came in at #21 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. Fort Wayne, 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, University of Saint Francis - Fort Wayne is ranked #18 for quality in the state of Indiana.
Read full value report on University of Saint Francis - Fort Wayne
With a ranking of #22, Indiana Wesleyan University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. This small private not-for-profit school is located in Marion, Indiana.
Not only is Indiana Wesleyan University a great value, but it is also ranked #8 in Indiana for overall quality.
Saint Mary’s College came in at #23 in this year’s edition of the Best Master’s Degree Colleges for the Money (With Aid) in Indiana ranking. St. Mary’s College is located in Notre Dame, Indiana and has a small student population. It is a private not-for-profit school.
Saint Mary’s College has the honor of being ranked #4 in Indiana for overall quality on top of being a good value.
University of Evansville ranked #24 on this year’s Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. University of Evansville is a small private not-for-profit school located in Evansville, Indiana.
In addition to being included on this ranking as a good value, University of Evansville is ranked #14 for quality in the state of Indiana.
With a ranking of #25, Marian University did quite well on the 2024 Best Master’s Degree Colleges for the Money (With Aid) in Indiana list. Located in Indianapolis, Indiana, the school is a small private not-for-profit institution.
In addition to being included on this ranking as a good value, Marian University is ranked #13 for quality in the state of Indiana.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.