College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

2023 Best Value Colleges for Actuarial Science in the Great Lakes Region (With Aid)

34 Ranked Colleges
618 Degrees Awarded
$17,900 Avg Net Price*
Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2020-2021, 2,206 people earned their degree in actuarial science, making the major the 278th most popular in the United States.

Across the Great Lakes region, there were 618 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid” ranking analyzed 34 colleges that offered a degree in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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.

One Size Does Not Fit All

Rankings by Degree Other Award Levels
Rankings by Location Check Out Other Locales
More Actuarial Science Rankings Other Ranking Categories

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid

The following schools top our list of the Best Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid.

Top 25 Best Value Colleges for Actuarial Science in the Great Lakes Region (With Aid)

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Out of the 34 schools in the Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 63 ’s degrees in 2020-2021.

Purdue also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #1. It costs about $13,377 for Great Lakes Region Actuarial Science students with aid per year to attend Purdue University - Main Campus.

The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Read full report on Actuarial Science at Purdue

2

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. UIUC is a large public school situated in Champaign, Illinois. It awarded 112 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $14,321 for great lakes region actuarial science students with aid.

The low undergrad student loan default rate of 2.3% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Read more about Actuarial Science at UIUC

3

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #3 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Located in Madison, Wisconsin, this large public school handed out 72 diplomas to qualified ’s actuarial science students in 2020-2021.

As a testament to the quality of education offered at UW - Madison, the school also landed the #2 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Madison is $17,234 for great lakes region actuarial science students with aid.

With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 0.9% 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%.

Full University of Wisconsin - Madison Actuarial Science Report

4

Out of the 34 schools in the Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Michigan - Dearborn landed the #4 spot on the list. University of Michigan - Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 2 ’s degrees in 2020-2021.

UM Dearborn also took the #14 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Michigan - Dearborn is $12,855 for great lakes region actuarial science students with aid.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Full UM Dearborn Actuarial Science Report

5

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #5 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 84 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #4 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State University - Main Campus is $16,845 for Great Lakes Region Actuarial Science students with aid.

The low undergrad student loan default rate of 3.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read more about Actuarial Science at Ohio State University - Main Campus

6
Ball State crest
Ball State University
Muncie, Indiana

Ball State University ranked #6 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Located in Muncie, Indiana, this large public school handed out 33 degrees to qualified ’s actuarial science students in 2020-2021.

Ball State not only placed well in this ranking. It is also #12 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $14,765 for great lakes region actuarial science students with aid per year to attend Ball State.

The low undergrad student loan default rate of 4.2% 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 Ball State University

7
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University came in at #7 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. This large school is located in East Lansing, Michigan, and it awarded 23 ’s actuarial science degrees in 2020-2021.

Michigan State also took the #6 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for Michigan State University is $19,058 for great lakes region actuarial science students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.

Read full report on Actuarial Science at Michigan State University

8
Oakland crest
Oakland University
Rochester Hills, Michigan

With a ranking of #8, Oakland University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Oakland University is located in Rochester Hills, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 12 ’s actuarial science degrees to qualified students.

In addition to being on our great lakes region actuarial science students with aid list, Oakland has also earned the #17 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland is $13,449 for Great Lakes Region Actuarial Science students with aid.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Full Oakland University Actuarial Science Report

9
Ferris crest
Ferris State University
Big Rapids, Michigan

Ferris State University landed the #9 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. Ferris State University is a fairly large school located in Big Rapids, Michigan that handed out 7 ’s actuarial science degrees in 2020-2021.

Ferris did well in our major quality rankings, too. It placed #21 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $12,213 for Great Lakes Region Actuarial Science students with aid per year to attend Ferris State University.

Full Ferris State University Actuarial Science Report

10
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking, coming in at #10. Central Michigan is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 17 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at Central Michigan, the school also landed the #15 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $16,007 for great lakes region actuarial science students with aid per year to attend Central Michigan University.

The low undergrad student loan default rate of 4.8% 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 Central Michigan

11

University of Wisconsin - Milwaukee landed the #11 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. This large school is located in Milwaukee, Wisconsin, and it awarded 15 ’s actuarial science degrees in 2020-2021.

UWM not only placed well in this ranking. It is also #20 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $17,486 for great lakes region actuarial science students with aid per year to attend UWM.

Read full report on Actuarial Science at UWM

12

With a ranking of #12, University of Wisconsin - Eau Claire did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. University of Wisconsin - Eau Claire is a fairly large school located in Eau Claire, Wisconsin that handed out 3 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at UW - Eau Claire, the school also landed the #24 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - Eau Claire is $16,051 for Great Lakes Region Actuarial Science students with aid.

Read full report on Actuarial Science at University of Wisconsin - Eau Claire

13
Valpo crest
Valparaiso University
Valparaiso, Indiana

Valparaiso University ranked #13 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Valpo is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 5 ’s degrees in 2020-2021.

In addition to being on our great lakes region actuarial science students with aid list, Valpo has also earned the #8 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend Valpo is $22,899 for great lakes region actuarial science students with aid.

The undergrad student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at Valpo

14

University of Michigan - Flint came in at #14 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. This medium-sized school is located in Flint, Michigan, and it awarded 7 ’s actuarial science degrees in 2020-2021.

The yearly cost to attend University of Michigan - Flint is $12,689 for great lakes region actuarial science students with aid.

Read more about Actuarial Science at University of Michigan - Flint

15

Ohio University - Athens Campus ranked #15 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Located in Athens, Ohio, this large public school awarded 13 degrees to qualified ’s actuarial science students in 2020-2021.

OHIO Athens did well in our major quality rankings, too. It placed #11 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The yearly cost to attend Ohio University - Athens Campus is $23,831 for great lakes region actuarial science students with aid.

Full Ohio University - Athens Campus Actuarial Science Report

16
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

With a ranking of #16, Eastern Michigan University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 3 ’s degrees in 2020-2021.

The yearly cost to attend Eastern Michigan is $15,127 for great lakes region actuarial science students with aid.

Full Eastern Michigan Actuarial Science Report

17
Aurora crest
Aurora University
Aurora, Illinois

With a ranking of #17, Aurora University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Aurora University is located in Aurora, Illinois and, has a medium-sized student population. In 2020-2021, this school awarded 4 ’s actuarial science degrees to qualified students.

It costs about $16,994 for Great Lakes Region Actuarial Science students with aid per year to attend Aurora University.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Aurora University

18

With a ranking of #18, Milwaukee School of Engineering did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. MSOE is a small school located in Milwaukee, Wisconsin that handed out 7 ’s actuarial science degrees in 2020-2021.

MSOE did well in our major quality rankings, too. It placed #10 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The estimated yearly cost for Milwaukee School of Engineering is $24,428 for great lakes region actuarial science students with aid.

The undergrad student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.

Full Milwaukee School of Engineering Actuarial Science Report

19
Olivet Nazarene crest
Olivet Nazarene University
Bourbonnais, Illinois

Olivet Nazarene University landed the #19 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. Olivet Nazarene University is a private not-for-profit institution located in Bourbonnais, Illinois. The school has a small population, and it awarded 3 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #22 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $19,470 for Great Lakes Region Actuarial Science students with aid per year to attend Olivet Nazarene University.

The school has an impressive undergrad student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Full Olivet Nazarene Actuarial Science Report

20
UIndy crest
University of Indianapolis
Indianapolis, Indiana

University of Indianapolis landed the #20 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. University of Indianapolis is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 7 ’s degrees in 2020-2021.

UIndy not only placed well in this ranking. It is also #23 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The estimated yearly cost for UIndy is $19,808 for Great Lakes Region Actuarial Science students with aid.

Read more about Actuarial Science at University of Indianapolis

21
Bradley crest
Bradley University
Peoria, Illinois

With a ranking of #21, Bradley University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid list. Located in Peoria, Illinois, this medium-sized private not-for-profit school awarded 8 degrees to qualified ’s actuarial science students in 2020-2021.

Bradley also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #9. The yearly cost to attend Bradley is $25,196 for Great Lakes Region Actuarial Science students with aid.

The low undergrad student loan default rate of 2.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read full report on Actuarial Science at Bradley University

22
Illinois College crest
Illinois College
Jacksonville, Illinois

Illinois College landed the #22 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. Illinois College is a private not-for-profit institution located in Jacksonville, Illinois. The school has a small population, and it awarded 2 ’s degrees in 2020-2021.

It costs about $18,271 for great lakes region actuarial science students with aid per year to attend Illinois College.

Full Illinois College Actuarial Science Report

23
Ashland crest
Ashland University
Ashland, Ohio

Ashland University landed the #23 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking. Ashland is a private not-for-profit institution located in Ashland, Ohio. The school has a small population, and it awarded 3 ’s degrees in 2020-2021.

It costs about $20,974 for great lakes region actuarial science students with aid per year to attend Ashland.

The low undergrad student loan default rate of 4.1% 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 full report on Actuarial Science at Ashland University

24
Otterbein crest
Otterbein University
Westerville, Ohio

Otterbein University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking, coming in at #24. Otterbein University is a private not-for-profit institution located in Westerville, Ohio. The school has a small population, and it awarded 10 ’s degrees in 2020-2021.

Otterbein did well in our major quality rankings, too. It placed #19 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The yearly cost to attend Otterbein is $22,881 for Great Lakes Region Actuarial Science students with aid.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at Otterbein

25
Roosevelt crest
Roosevelt University
Chicago, Illinois

Roosevelt University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Getting Aid ranking, coming in at #25. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 11 students in 2020-2021.

Roosevelt also took the #18 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $21,678 for Great Lakes Region Actuarial Science students with aid per year to attend Roosevelt University.

Read more about Actuarial Science at Roosevelt

Switch to a Different Ranking Method

Notes and References

References

Read more about our data sources and methodologies

Footnotes

Credits

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options