2022 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics in Indiana (With Aid)

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking as one item you can use to help make this decision.

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.

This year’s “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking analyzed 2 colleges that offered a degree in engineering and applied physics. The schools that top this list are recognized because they have great engineering and applied physics programs and cost less that 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. For more information, check out our ranking methodology.

More Ways to Rank Engineering & Applied Physics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Getting Aid” list, to help you choose the best school for you.

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 Getting Aid

The colleges and universities below are the best for indiana bachelor’s degree applied physics students with aid.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics in Indiana (With Aid)

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$20,820 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 Getting Aid list. Grace College and Theological Seminary 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 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 yearly cost to attend Grace College and Theological Seminary is $20,820 for Indiana Bachelor’s Degree Applied Physics students with aid.

The low student loan default rate of 4.5% 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 Engineering & Applied Physics at Grace College

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$39,076 Average Net Price

Out of the 2 schools in the Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Getting Aid that were part of this year’s ranking, Rose - Hulman Institute of Technology landed the #2 spot on the list. Terre Haute, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s applied physics degrees to 5 students in 2019-2020.

Rose - Hulman Institute of Technology did well in our major quality rankings, too. It placed #1 on our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Rose - Hulman Institute of Technology is $39,076 for Indiana Bachelor’s Degree Applied Physics students with aid.

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%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.

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

• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics in the Great Lakes Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (With Aid)

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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