2022 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $48-$75k) in Indiana

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 $48-$75k” ranking is one tool we have developed to help in this regard.

Engineering & Applied Physics is the 440th most popular major in the country with 941 degrees awarded in 2019-2020.

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 $48-$75k” ranking, we looked at 2 colleges that offer a degree in engineering and applied physics. This ranking identifies schools with high-quality engineering and applied physics 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 engineering and applied physics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

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 $48-$75k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools 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 $48-$75k

The colleges and universities below are the best for indiana bachelor’s degree applied physics students whose families make $48-$75k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $48-$75k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$20,903 Average Net Price

You’ll be in good company if you decide to attend Grace College and Theological Seminary. It ranked #1 on our 2022 Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. This small school is located in Winona Lake, Indiana, and it awarded 7 bachelors’s applied physics degrees in 2019-2020.

Grace College not only placed well in this ranking. It is also #2 on our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Grace College is $20,903 for indiana bachelor’s degree applied physics students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read full report on Engineering & Applied Physics at Grace College

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$34,599 Average Net Price

You’ll join some of the best and brightest minds around if you attend Rose - Hulman Institute of Technology. The school came in at #2 for the Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k. Rose - Hulman Institute of Technology is located in Terre Haute, Indiana and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s applied physics degrees to qualified students.

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 $34,599 for indiana bachelor’s degree applied physics students whose families make $48-$75k.

With a freshman retention rate of 90%, the school does an excellent job of retaining its students. 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. 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 $48-$75k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $48-$75k)

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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