2022 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $0-$30k) in Indiana

It’s not easy to decide which college to attend when there so many options available for students. 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 Applied Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 941 people earned their degree in engineering and applied physics, making the major the 440th most popular in the United States.

Across Indiana, there were 14 engineering and applied physics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 14 engineering and applied physics graduates with average earnings and debt of $39,620 and $24,786 respectively.

For this year’s “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in engineering and applied physics. Not only do the schools that top this list have excellent engineering and applied physics 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 engineering and applied physics 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 Engineering & Applied Physics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” list to help you make the college 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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

The colleges and universities below are the best for indiana bachelor’s degree applied physics students whose families make $0-$30k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $0-$30k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$17,874 Average Net Price

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #1 for the Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Grace College is a private not-for-profit institution located in Winona Lake, Indiana. The school has a small population, and it awarded 7 bachelors’s degrees in 2019-2020.

Grace College also made our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Indiana” list, coming in at #2. It costs about $17,874 for Indiana Bachelor’s Degree Applied Physics students whose families make $0-$30k per year to attend Grace College.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Full Grace College Engineering & Applied Physics Report

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$34,275 Average Net Price

Out of the 2 schools in the Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Rose - Hulman Institute of Technology landed the #2 spot on the list. This small school is located in Terre Haute, Indiana, and it awarded 5 bachelors’s applied physics degrees in 2019-2020.

Rose - Hulman Institute of Technology not only placed well in this ranking. It is also #1 on our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Rose - Hulman Institute of Technology is $34,275 for Indiana Bachelor’s Degree Applied Physics students whose families make $0-$30k.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%.

Read more about Engineering & Applied Physics at Rose - Hulman Institute of Technology

• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $0-$30k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $0-$30k)

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.

Credits

• Credit for the banner image above goes to NASA.

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