by our College Data Analytics TeamIt's not easy to decide which school to attend when you have so many options available. College Factual has developed its Best Colleges for the Money in Indiana ranking as one thing you can use to help make this decision.
See What's Included in This Value Report:
Our analysis looked at 42 schools in Indiana to determine which ones 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. We explain more about what we look at and why we do so below.
To determine the value of a school in our Best Colleges for the Money in Indiana ranking, we first add average tuition, fees, and room and board costs (without aid) together. 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 consider a school's overall Best Colleges ranking which itself looks at a collection of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
We go into more detail on these factors on 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 Purdue University - Main Campus to be the best value (no aid) school in Indiana in this year’s ranking. Located in West Lafayette, Indiana, the school is a large public institution.
Not only is Purdue University - Main Campus a great value, but it is also ranked #2 in Indiana for overall quality. The average cost without aid for the school is $20,022 a year for undergraduates. The average cost without aid for the school is $20,022 per year for graduate students.
You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2024 Best Colleges for the Money in Indiana list. Indiana University - Bloomington is a large public school 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. The average cost without aid for the school is $23,431 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $23,427 a year.
The quality degree programs at Ivy Tech Community College helped the school earn the #3 place on this year’s ranking of Best Colleges for the Money in Indiana. Indianapolis, Indiana is the setting for this large institution of higher learning. It is a public school.
Not only is Ivy Tech Community College a great value, but it is also ranked #11 in Indiana for overall quality. The average cost without aid for the school is $12,445 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $7,808 a year.
Out of the 42 schools in Indiana that were part of this year’s ranking, Ball State University landed the #4 spot on the list. Ball State University is a large public school located in Muncie, Indiana.
In addition to being included on this ranking as a good value, Ball State University is ranked #6 for quality in the state of Indiana. The average cost without aid for the school is $21,086 a year for undergraduates. The average cost without aid for the school is $20,940 per year for graduate students.
The quality degree programs at helped the school earn the #5 place on this year’s ranking of Best Colleges for the Money in Indiana.
The average cost without aid for the school is $11,000 a year for undergraduates. The average cost without aid for the school is $11,000 per year for graduate students.
With a ranking of #6, Indiana University - Purdue University - Indianapolis did quite well on the 2024 Best Colleges for the Money in Indiana list. Indiana University - Purdue University - Indianapolis is a large public school located in Indianapolis, Indiana.
In addition to being included on this ranking as a good value, Indiana University - Purdue University - Indianapolis is ranked #7 for quality in the state of Indiana. The average cost without aid for the school is $20,632 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $20,977 a year.
Read full value report on Indiana University - Purdue University - Indianapolis
Vincennes University ranked #7 on this year’s Best Colleges for the Money in Indiana list. Vincennes University is a fairly large public school situated in Vincennes, Indiana.
Not only is Vincennes University a great value, but it is also ranked #12 in Indiana for overall quality. The average cost for undergraduates to attend the school if you don’t receive any aid is $17,357 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $10,908 a year.
Indiana Wesleyan University - National & Global did quite well in the 2024 Best Colleges for the Money in Indiana ranking, coming in at #8. This fairly large private not-for-profit school is located in Marion, Indiana.
In addition to being included on this ranking as a good value, Indiana Wesleyan University - National & Global is ranked #8 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $22,343 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $23,544 a year.
Full Indiana Wesleyan University - National & Global Value Report
Trine University-Regional/Non-Traditional Campuses did quite well in the 2024 Best Colleges for the Money in Indiana ranking, coming in at #9. Located in Fort Wayne, Indiana, the school is a small private not-for-profit institution.
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 cost for undergraduates to attend the school if you don’t receive any aid is $19,152 a year. The average cost without aid for the school is $19,926 per year for graduate students.
Read full value report on Trine University-Regional/Non-Traditional Campuses
Purdue University Northwest ranked #10 on this year’s Best Colleges for the Money in Indiana list. Located in Hammond, Indiana, the school is a medium-sized public institution.
Not only is Purdue University Northwest a great value, but it is also ranked #29 in Indiana for overall quality. The average cost without aid for the school is $15,719 a year for undergraduates. The average cost without aid for the school is $14,288 per year for graduate students.
University of Southern Indiana came in at #11 in this year’s edition of the Best Colleges for the Money in Indiana ranking. Evansville, Indiana is the setting for this medium-sized institution of higher learning. It is a public school.
University of Southern Indiana has the honor of being ranked #20 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $19,281 a year. The average cost without aid for the school is $20,156 per year for graduate students.
Indiana State University ranked #12 on this year’s Best Colleges for the Money in Indiana list. Terre Haute, Indiana is the setting for this medium-sized institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Indiana State University is ranked #24 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $20,780 a year. The average cost without aid for the school is $19,238 per year for graduate students.
Indiana University - East landed the #13 spot on the 2024 Best Colleges for the Money in Indiana ranking. IU East is located in Richmond, 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 - East is ranked #33 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $16,923 a year. The average cost without aid for the school is $17,366 per year for graduate students.
With a ranking of #14, Purdue University Fort Wayne did quite well on the 2024 Best Colleges for the Money in Indiana list. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. It is a public school.
Not only is Purdue University Fort Wayne a great value, but it is also ranked #31 in Indiana for overall quality. The average cost without aid for the school is $18,699 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $16,394 a year.
Indiana University - South Bend came in at #15 in this year’s edition of the Best Colleges for the Money in Indiana ranking. This small public school is 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. The average cost for undergraduates to attend the school if you don’t receive any aid is $17,823 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $18,266 a year.
Indiana University - Southeast landed the #16 spot on the 2024 Best Colleges for the Money in Indiana ranking. Indiana University - Southeast is a small public school situated in New Albany, Indiana.
Not only is Indiana University - Southeast a great value, but it is also ranked #30 in Indiana for overall quality. The average cost for undergraduates to attend the school if you don’t receive any aid is $19,047 a year. The average cost without aid for the school is $19,490 per year for graduate students.
Indiana University - Northwest landed the #17 spot on the 2024 Best Colleges for the Money in Indiana ranking. IU Northwest is a small public school situated in Gary, Indiana.
Indiana University - Northwest has the honor of being ranked #37 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $16,923 a year. The average cost without aid for the school is $17,366 per year for graduate students.
Indiana University - Kokomo did quite well in the 2024 Best Colleges for the Money in Indiana ranking, coming in at #18. Indiana University - Kokomo is a small public school located in Kokomo, Indiana.
Indiana University - Kokomo has the honor of being ranked #39 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $16,923 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $17,366 a year.
With a ranking of #19, Grace College and Theological Seminary did quite well on the 2024 Best Colleges for the Money in Indiana list. This small private not-for-profit school is located in Winona Lake, Indiana.
Not only is Grace College and Theological Seminary a great value, but it is also ranked #25 in Indiana for overall quality. The average cost without aid for the school is $35,020 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $18,030 a year.
Read full value report on Grace College and Theological Seminary
With a ranking of #20, Oakland City University did quite well on the 2024 Best Colleges for the Money in Indiana list. Oakland City University is a small private not-for-profit school located in Oakland City, Indiana.
Oakland City University has the honor of being ranked #35 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $36,140 a year. The average cost without aid for the school is $19,400 per year for graduate students.
Indiana Wesleyan University landed the #21 spot on the 2024 Best Colleges for the Money in Indiana ranking. IWU is a small private not-for-profit school situated in Marion, Indiana.
Indiana Wesleyan University has the honor of being ranked #19 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $38,534 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $23,086 a year.
With a ranking of #22, Huntington University did quite well on the 2024 Best Colleges for the Money in Indiana list. Huntington University is a small private not-for-profit school located in Huntington, Indiana.
In addition to being included on this ranking as a good value, Huntington University is ranked #32 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $37,346 a year. The average cost without aid for the school is $21,010 per year for graduate students.
With a ranking of #23, Calumet College of Saint Joseph did quite well on the 2024 Best Colleges for the Money in Indiana list. CCSJ is a small private not-for-profit school situated in Whiting, Indiana.
In addition to being included on this ranking as a good value, Calumet College of Saint Joseph is ranked #41 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $26,570 a year. The average cost without aid for the school is $27,200 per year for graduate students.
Bethel University - Mishawaka did quite well in the 2024 Best Colleges for the Money in Indiana ranking, coming in at #24. Mishawaka, 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, Bethel University - Mishawaka is ranked #38 for quality in the state of Indiana. The average cost without aid for the school is $40,450 a year for undergraduates. The average cost without aid for the school is $17,500 per year for graduate students.
Indiana Institute of Technology did quite well in the 2024 Best Colleges for the Money in Indiana ranking, coming in at #25. This small private not-for-profit school is located in Fort Wayne, Indiana.
Not only is Indiana Institute of Technology a great value, but it is also ranked #42 in Indiana for overall quality. The average cost without aid for the school is $39,440 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $20,626 a year.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.