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2023 Best Value Colleges for Actuarial Science in Indiana (With Aid)

10 Ranked Colleges
142 Degrees Awarded
$19,500 Avg Net Price*
Best Value Actuarial Science Schools in Indiana For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Actuarial Science Schools in Indiana For Those Getting Aid” ranking as one item you can use to help make this decision.

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

Across Indiana, there were 142 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Actuarial Science Schools in Indiana For Those Getting Aid” ranking analyzed 10 colleges that offered a degree in actuarial science. The schools that top this list are recognized because they have great actuarial science programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the actuarial science program at the school. For more information, check out our ranking methodology.

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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 Indiana For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Actuarial Science Schools in Indiana For Those Getting Aid

The colleges and universities below are the best for indiana actuarial science students with aid.

Top 10 Best Value Colleges for Actuarial Science in Indiana (With Aid)

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

Out of the 10 schools in the Best Value Actuarial Science Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. This large school is located in West Lafayette, Indiana, and it awarded 63 ’s actuarial science degrees in 2020-2021.

Purdue not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Schools in Indiana” list. The yearly cost to attend Purdue is $13,377 for Indiana Actuarial Science students with aid.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.

Read more about Actuarial Science at Purdue

2
Ball State crest
Ball State University
Muncie, Indiana

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #2 for the Best Value Actuarial Science Schools in Indiana For Those Getting Aid. Located in Muncie, Indiana, this large public school awarded 33 diplomas to qualified ’s actuarial science students in 2020-2021.

As a testament to the quality of education offered at Ball State, the school also landed the #4 spot in our “Best Actuarial Science Schools in Indiana” ranking. The estimated yearly cost for Ball State University is $14,765 for Indiana Actuarial Science students with aid.

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 full report on Actuarial Science at Ball State University

3
Valpo crest
Valparaiso University
Valparaiso, Indiana

You’ll be in good company if you decide to attend Valparaiso University. It ranked #3 on our 2023 Best Value Actuarial Science Schools in Indiana For Those Getting Aid list. Valpo is a small school located in Valparaiso, Indiana that handed out 5 ’s actuarial science degrees in 2020-2021.

Valpo did well in our major quality rankings, too. It placed #3 on our “Best Actuarial Science Schools in Indiana” list. The estimated yearly cost for Valparaiso University is $22,899 for indiana actuarial science students with aid.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Valpo

4

Out of the 10 schools in the Best Value Actuarial Science Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - South Bend landed the #4 spot on the list. Located in South Bend, Indiana, this small public school awarded 1 diplomas to qualified ’s actuarial science students in 2020-2021.

Indiana University - South Bend also took the #10 spot in our “Best Actuarial Science Schools in Indiana” ranking. It costs about $9,646 for indiana actuarial science students with aid per year to attend Indiana University - South Bend.

Read more about Actuarial Science at Indiana University - South Bend

5
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University Fort Wayne. The school came in at #5 for the Best Value Actuarial Science Schools in Indiana For Those Getting Aid. Located in Fort Wayne, Indiana, this medium-sized public school awarded 1 degrees to qualified ’s actuarial science students in 2020-2021.

PFW did well in our major quality rankings, too. It placed #9 on our “Best Actuarial Science Schools in Indiana” list. The yearly cost to attend Purdue University Fort Wayne is $11,629 for indiana actuarial science students with aid.

Full Purdue University Fort Wayne Actuarial Science Report

6
UIndy crest
University of Indianapolis
Indianapolis, Indiana

With a ranking of #6, University of Indianapolis did quite well on the 2023 Best Value Actuarial Science Schools in Indiana For Those Getting Aid list. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 7 students in 2020-2021.

UIndy not only placed well in this ranking. It is also #5 on our “Best Actuarial Science Schools in Indiana” list. It costs about $19,808 for Indiana Actuarial Science students with aid per year to attend UIndy.

Read more about Actuarial Science at UIndy

7
UE crest
University of Evansville
Evansville, Indiana

University of Evansville came in at #7 in this year’s edition of the Best Value Actuarial Science Schools in Indiana For Those Getting Aid ranking. UE is a small private not-for-profit school situated in Evansville, Indiana. It awarded 3 ’s actuarial science degrees in 2020-2021.

UE did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Schools in Indiana” list. The estimated yearly cost for University of Evansville is $22,912 for Indiana Actuarial Science students with aid.

The school has an impressive undergrad student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate 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.

Read full report on Actuarial Science at University of Evansville

8

With a ranking of #8, Grace College and Theological Seminary did quite well on the 2023 Best Value Actuarial Science Schools in Indiana For Those Getting Aid list. Winona Lake, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 4 students in 2020-2021.

Grace College also took the #8 spot in our “Best Actuarial Science Schools in Indiana” ranking. It costs about $20,060 for indiana actuarial science students with aid per year to attend Grace College and Theological Seminary.

The low undergrad student loan default rate of 3.1% 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 Grace College and Theological Seminary

9
Franklin College of Indiana crest
Franklin College
Franklin, Indiana

Franklin College came in at #9 in this year’s edition of the Best Value Actuarial Science Schools in Indiana For Those Getting Aid ranking. Franklin, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 1 students in 2020-2021.

Franklin College of Indiana also took the #7 spot in our “Best Actuarial Science Schools in Indiana” ranking. The estimated yearly cost for Franklin College of Indiana is $20,535 for indiana actuarial science students with aid.

The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at Franklin College

10
Butler crest
Butler University
Indianapolis, Indiana

Butler University landed the #10 spot on the 2023 Best Value Actuarial Science Schools in Indiana For Those Getting Aid ranking. Butler University is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 18 ’s degrees in 2020-2021.

Butler not only placed well in this ranking. It is also #2 on our “Best Actuarial Science Schools in Indiana” list. It costs about $39,430 for indiana actuarial science students with aid per year to attend Butler.

The undergrad student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students.

Read full report on Actuarial Science at Butler University

Notes and References

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