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2022 Best Value Actuarial Science Schools in Iowa For Those Getting Aid

8 Ranked Colleges
96 Degrees Awarded
$22,700 Avg Net Price*
Best Value Actuarial Science Schools in Iowa For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Actuarial Science Schools in Iowa For Those Getting Aid” ranking as one item you can use to help make this decision.

Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.

Across Iowa, there were 96 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Actuarial Science Schools in Iowa For Those Getting Aid” ranking looked at 8 colleges that offer degrees in a bachelor’s 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.

Some of the factors we look at when determining these rankings are overall quality of the actuarial science program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Actuarial Science Schools

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 Iowa 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Actuarial Science Schools in Iowa For Those Getting Aid

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

Top 8 Best Value Colleges for Actuarial Science in Iowa (With Aid)

#1

University of Iowa

Iowa City, Iowa

You’ll be in good company if you decide to attend University of Iowa. It ranked #1 on our 2022 Best Value Actuarial Science Schools in Iowa For Those Getting Aid list. Iowa City, Iowa is the setting for this large institution of higher learning. The public school handed out ’s actuarial science degrees to 32 students in 2019-2020.

Iowa also took the #2 spot in our “Best Actuarial Science Schools in Iowa” ranking. It costs about $19,145 for iowa actuarial science students with aid per year to attend Iowa.

The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Read more about Actuarial Science at University of Iowa

#2

Simpson College

Indianola, Iowa

You’ll join some of the best and brightest minds around if you attend Simpson College. The school came in at #2 for the Best Value Actuarial Science Schools in Iowa For Those Getting Aid. Simpson College is located in Indianola, Iowa and, has a small student population. In 2019-2020, this school awarded 4 ’s actuarial science degrees to qualified students.

Simpson College also made our “Best Actuarial Science Schools in Iowa” list, coming in at #3. The estimated yearly cost for Simpson College is $19,151 for iowa actuarial science students with aid.

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

Full Simpson College Actuarial Science Report

#3

Drake University

Des Moines, Iowa

You’ll join some of the best and brightest minds around if you attend Drake University. The school came in at #3 for the Best Value Actuarial Science Schools in Iowa For Those Getting Aid. Drake is a private not-for-profit institution located in Des Moines, Iowa. The school has a small population, and it awarded 42 ’s degrees in 2019-2020.

Drake also made our “Best Actuarial Science Schools in Iowa” list, coming in at #1. It costs about $29,432 for Iowa Actuarial Science students with aid per year to attend Drake.

The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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 Drake

#4

Central College

Pella, Iowa

Out of the 8 schools in the Best Value Actuarial Science Schools in Iowa For Those Getting Aid that were part of this year’s ranking, Central College landed the #4 spot on the list. This small school is located in Pella, Iowa, and it awarded 3 ’s actuarial science degrees in 2019-2020.

Central did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Schools in Iowa” list. It costs about $23,269 for iowa actuarial science students with aid per year to attend Central College.

The low student loan default rate of 2.8% 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 full report on Actuarial Science at Central

#5

Wartburg College

Waverly, Iowa

Out of the 8 schools in the Best Value Actuarial Science Schools in Iowa For Those Getting Aid that were part of this year’s ranking, Wartburg College landed the #5 spot on the list. Wartburg College is located in Waverly, Iowa and, has a small student population. In 2019-2020, this school awarded 5 ’s actuarial science degrees to qualified students.

In addition to being on our iowa actuarial science students with aid list, Wartburg has also earned the #5 rank in our “Best Actuarial Science Schools in Iowa” ranking. The estimated yearly cost for Wartburg is $21,787 for iowa actuarial science students with aid.

The student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at Wartburg College

#6

Northwestern College

Orange City, Iowa
#4 in overall quality

Northwestern College came in at #6 in this year’s edition of the Best Value Actuarial Science Schools in Iowa For Those Getting Aid ranking. Northwestern College is a small school located in Orange City, Iowa that handed out 4 ’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at NWC, the school also landed the #4 spot in our “Best Actuarial Science Schools in Iowa” ranking. The yearly cost to attend Northwestern College is $22,968 for Iowa Actuarial Science students with aid.

The school has an impressive student loan default rate. It’s only 2.8%, which is much lower than the national rate of 10.1%.

Full NWC Actuarial Science Report

#7

Mount Mercy University

Cedar Rapids, Iowa

Mount Mercy University ranked #7 on this year’s Best Value Actuarial Science Schools in Iowa For Those Getting Aid list. Mount Mercy is a small school located in Cedar Rapids, Iowa that handed out 4 ’s actuarial science degrees in 2019-2020.

Mount Mercy not only placed well in this ranking. It is also #7 on our “Best Actuarial Science Schools in Iowa” list. The estimated yearly cost for Mount Mercy is $20,857 for iowa actuarial science students with aid.

The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at Mount Mercy University

#8

Dordt University

Sioux Center, Iowa

Dordt University landed the #8 spot on the 2022 Best Value Actuarial Science Schools in Iowa For Those Getting Aid ranking. Dordt is a private not-for-profit institution located in Sioux Center, Iowa. The school has a small population, and it awarded 1 ’s degrees in 2019-2020.

Dordt also made our “Best Actuarial Science Schools in Iowa” list, coming in at #8. It costs about $25,102 for iowa actuarial science students with aid per year to attend Dordt.

The low student loan default rate of 1.8% 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 Dordt

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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