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2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Indiana

8 Ranked Colleges
118 Degrees Awarded
$10,800 Avg Net Price*
Best Value Actuarial Science Schools for a Bachelor's in Indiana For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking - to help you make that decision.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

Across Indiana, there were 122 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 118 actuarial science graduates with average earnings and debt of $39,620 and $24,786 respectively.

For this year’s “Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking, we looked at 8 colleges that offer a degree in actuarial science. Not only do the schools that top this list have excellent actuarial science programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the actuarial science program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Actuarial Science Schools

The actuarial science school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k”.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k.

Top 8 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Indiana

#1

Purdue University - Main Campus

West Lafayette, Indiana
#1 in overall quality

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 63 bachelors’s actuarial science degrees to qualified students.

Purdue also took the #1 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Purdue University - Main Campus is $5,483 for Indiana Bachelor’s Degree Actuarial Science students whose families make $0-$30k.

The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Full Purdue University - Main Campus Actuarial Science Report

#8 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Northwest. The school came in at #2 for the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k. This small school is located in Gary, Indiana, and it awarded 4 bachelors’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at IU Northwest, the school also landed the #8 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend IU Northwest is $3,287 for Indiana Bachelor’s Degree Actuarial Science students whose families make $0-$30k.

Full IU Northwest Actuarial Science Report

#3

Ball State University

Muncie, Indiana
#4 in overall quality

You’ll be in good company if you decide to attend Ball State University. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This large school is located in Muncie, Indiana, and it awarded 13 bachelors’s actuarial science degrees in 2019-2020.

Ball State also took the #4 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. It costs about $8,403 for Indiana Bachelor’s Degree Actuarial Science students whose families make $0-$30k per year to attend Ball State.

Full Ball State University Actuarial Science Report

#4

Indiana University - South Bend

South Bend, Indiana
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - South Bend. The school came in at #4 for the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Located in South Bend, Indiana, this small public school handed out 2 diplomas to qualified bachelors’s actuarial science students in 2019-2020.

In addition to being on our indiana bachelor’s degree actuarial science students whose families make $0-$30k list, Indiana University - South Bend has also earned the #7 rank in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. It costs about $4,641 for indiana bachelor’s degree actuarial science students whose families make $0-$30k per year to attend Indiana University - South Bend.

Read more about Actuarial Science at Indiana University - South Bend

#5

Purdue University Fort Wayne

Fort Wayne, Indiana
#6 in overall quality

Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University Fort Wayne landed the #5 spot on the list. Purdue University Fort Wayne is a medium-sized school located in Fort Wayne, Indiana that handed out 5 bachelors’s actuarial science degrees in 2019-2020.

PFW did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” list. It costs about $7,129 for indiana bachelor’s degree actuarial science students whose families make $0-$30k per year to attend PFW.

Full Purdue University Fort Wayne Actuarial Science Report

#6

University of Evansville

Evansville, Indiana
#5 in overall quality

With a ranking of #6, University of Evansville did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Evansville, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 4 students in 2019-2020.

As a testament to the quality of education offered at UE, the school also landed the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,212 for indiana bachelor’s degree actuarial science students whose families make $0-$30k per year to attend UE.

The low student loan default rate of 3.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Full UE Actuarial Science Report

#7

Valparaiso University

Valparaiso, Indiana
#3 in overall quality

Valparaiso University ranked #7 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Located in Valparaiso, Indiana, this small private not-for-profit school handed out 9 diplomas to qualified bachelors’s actuarial science students in 2019-2020.

Valpo also took the #3 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Valpo is $13,588 for indiana bachelor’s degree actuarial science students whose families make $0-$30k.

The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Full Valparaiso University Actuarial Science Report

#8

Butler University

Indianapolis, Indiana
#2 in overall quality

With a ranking of #8, Butler University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 15 students in 2019-2020.

Butler also took the #2 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. It costs about $28,783 for indiana bachelor’s degree actuarial science students whose families make $0-$30k per year to attend Butler University.

The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Actuarial Science at Butler

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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