2027 Best Value Actuarial Science Schools in Indiana

[Actuarial Science](/majors/business-management-marketing-sales/management-science-quantitative-methods/actuarial-science/) programs reward a close look at where your money goes furthest. The schools below stand out for delivering a strong actuarial science education at a price that pays off.
College Factual analyzed 5 schools to build this 2027 ranking of the best value actuarial science schools.
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2027 Best Value Actuarial Science Schools in Indiana
Below are the schools that deliver the strongest value in actuarial science, balancing cost against outcomes.
Best Value Actuarial Science Schools
Leading the list is Purdue University Main Campus, our #1 best value for actuarial science in Indiana. Set in the city of West Lafayette, Purdue University Main Campus is a very large public institution. The average in-state cost of tuition and fees is $9,992, while out-of-state students pay about $28,794. Actuarial Science graduates carry a median of $18,284 in student loans. Actuarial Science graduates of Purdue University Main Campus earn a median of $70,903 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Purdue University Main Campus admits about 50% of applicants.
A rank of #2 makes Ball State University one of the best values for actuarial science. Located in the city of Muncie, Ball State University is a very large public university. In-state tuition and fees average $11,082, while out-of-state students pay about $29,630. Typical student debt for actuarial science graduates is $16,654. Early-career actuarial science graduates make about $67,350. Set against $16,654 in median debt, that is a healthy payoff. Roughly 86% of applicants are accepted.
Students looking for strong value in actuarial science will find it at Indiana University Purdue University Fort Wayne, which ranked #3. Indiana University Purdue University Fort Wayne is a moderately-sized public school located in the city of Fort Wayne. The average in-state cost of tuition and fees is $9,532, compared with $22,887 for out-of-state students. Actuarial Science graduates carry a median of $24,119 in student loans. Actuarial Science graduates of Indiana University Purdue University Fort Wayne earn a median of $49,424 early in their careers. That is a strong return on a $24,119 median debt. Indiana University Purdue University Fort Wayne admits about 84% of applicants.
University Of Indianapolis is a great value for students pursuing a degree in actuarial science, landing the #4 spot this year. Set in the city of Indianapolis, University Of Indianapolis is a moderately-sized private not-for-profit institution. The average in-state cost of tuition and fees is $37,200. Actuarial Science graduates carry a median of $26,699 in student loans. Early-career actuarial science graduates make about $52,298. That is a strong return on a $26,699 median debt. University Of Indianapolis admits about 66% of applicants.
Students looking for strong value in actuarial science will find it at Butler University, which ranked #5. Butler University is a moderately-sized private not-for-profit school located in the city of Indianapolis. The average in-state cost of tuition and fees is $47,560. Typical student debt for actuarial science graduates is $25,351. Soon after graduation, actuarial science degree recipients from Butler University generally make around $68,222. That is a strong return on a $25,351 median debt. Butler University admits about 85% of applicants.
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Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 5 schools evaluated.
*Averages shown above reflect the top 5 ranked schools only.
- 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).
More about our data sources and methodologies.