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2023 Best Value ME Schools in Indiana For Those Making $0-$30k

10 Ranked Colleges
1,336 Degrees Awarded
$13,300 Avg Net Price*
Best Value ME Schools in Indiana For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value ME Schools in Indiana For Those Making $0-$30k” ranking - to help you make that decision.

In 2020-2021, 46,178 people earned their degree in mechanical engineering, making the major the 21st most popular in the United States. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.

Across Indiana, there were 1,336 mechanical engineering graduates with average earnings and debt of $70,866 and $24,227 respectively.

This year’s “Best Value ME Schools in Indiana For Those Making $0-$30k” ranking looked at 10 colleges that offer degrees in a bachelor’s in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

More Ways to Rank Mechanical Engineering Schools

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value ME Schools in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value ME Schools in Indiana For Those Making $0-$30k.

Top 10 Best Value Colleges for Mechanical Engineering (Income $0-$30k) in Indiana

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2023 Best Value ME Schools in Indiana For Those Making $0-$30k list. Purdue University - Main Campus is a large public school situated in West Lafayette, Indiana. It awarded 582 ’s ME degrees in 2020-2021.

In addition to being on our indiana me students whose families make $0-$30k list, Purdue has also earned the #2 rank in our “Best Mechanical Engineering Schools in Indiana” ranking. It costs about $5,995 for Indiana ME students whose families make $0-$30k per year to attend Purdue University - Main Campus.

The low undergrad student loan default rate of 1.7% 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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read more about Mechanical Engineering at Purdue University - Main Campus

2
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #2 for the Best Value ME Schools in Indiana For Those Making $0-$30k. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 135 ’s ME degrees in 2020-2021.

Notre Dame also made our “Best Mechanical Engineering Schools in Indiana” list, coming in at #1. The estimated yearly cost for University of Notre Dame is $9,872 for Indiana ME students whose families make $0-$30k.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Mechanical Engineering at University of Notre Dame

3

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #3 on our 2023 Best Value ME Schools in Indiana For Those Making $0-$30k list. IUPUI is a large school located in Indianapolis, Indiana that handed out 235 ’s ME degrees in 2020-2021.

As a testament to the quality of education offered at IUPUI, the school also landed the #4 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend IUPUI is $7,026 for indiana me students whose families make $0-$30k.

The low undergrad student loan default rate of 4.2% 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%.

Full IUPUI Mechanical Engineering Report

4

You’ll be in good company if you decide to attend Purdue University Northwest. It ranked #4 on our 2023 Best Value ME Schools in Indiana For Those Making $0-$30k list. Purdue Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 66 ’s ME degrees in 2020-2021.

Purdue Northwest also took the #8 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The estimated yearly cost for Purdue Northwest is $6,775 for indiana me students whose families make $0-$30k.

Read full report on Mechanical Engineering at Purdue University Northwest

5

You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #5 on our 2023 Best Value ME Schools in Indiana For Those Making $0-$30k list. University of Southern Indiana is a medium-sized public school situated in Evansville, Indiana. It awarded 37 ’s ME degrees in 2020-2021.

In addition to being on our indiana me students whose families make $0-$30k list, USI has also earned the #9 rank in our “Best Mechanical Engineering Schools in Indiana” ranking. It costs about $7,815 for Indiana ME students whose families make $0-$30k per year to attend University of Southern Indiana.

The school has an impressive undergrad student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.

Full University of Southern Indiana Mechanical Engineering Report

6
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

Purdue University Fort Wayne came in at #6 in this year’s edition of the Best Value ME Schools in Indiana For Those Making $0-$30k ranking. Purdue University Fort Wayne is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 15 ’s degrees in 2020-2021.

PFW also took the #10 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. It costs about $7,414 for Indiana ME students whose families make $0-$30k per year to attend Purdue University Fort Wayne.

Full Purdue University Fort Wayne Mechanical Engineering Report

7
Valpo crest
Valparaiso University
Valparaiso, Indiana

With a ranking of #7, Valparaiso University did quite well on the 2023 Best Value ME Schools in Indiana For Those Making $0-$30k list. Valpo is a small school located in Valparaiso, Indiana that handed out 46 ’s ME degrees in 2020-2021.

Valpo also made our “Best Mechanical Engineering Schools in Indiana” list, coming in at #5. It costs about $19,548 for Indiana ME students whose families make $0-$30k per year to attend Valparaiso University.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read full report on Mechanical Engineering at Valparaiso University

8
UE crest
University of Evansville
Evansville, Indiana

University of Evansville landed the #8 spot on the 2023 Best Value ME Schools in Indiana For Those Making $0-$30k ranking. UE is a small private not-for-profit school situated in Evansville, Indiana. It awarded 16 ’s ME degrees in 2020-2021.

In addition to being on our indiana me students whose families make $0-$30k list, UE has also earned the #7 rank in our “Best Mechanical Engineering Schools in Indiana” ranking. It costs about $17,071 for indiana me students whose families make $0-$30k per year to attend UE.

Since the school has a undergrad 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 87%. The low undergrad student loan default rate of 2.9% 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 Mechanical Engineering at UE

9
Trine crest
Trine University
Angola, Indiana

With a ranking of #9, Trine University did quite well on the 2023 Best Value ME Schools in Indiana For Those Making $0-$30k list. Trine is located in Angola, Indiana and, has a small student population. In 2020-2021, this school awarded 33 ’s ME degrees to qualified students.

As a testament to the quality of education offered at Trine, the school also landed the #6 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend Trine is $17,453 for Indiana ME students whose families make $0-$30k.

The low undergrad student loan default rate of 4.8% 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 Mechanical Engineering at Trine

10

Rose - Hulman Institute of Technology ranked #10 on this year’s Best Value ME Schools in Indiana For Those Making $0-$30k list. Located in Terre Haute, Indiana, this small private not-for-profit school handed out 134 diplomas to qualified ’s ME students in 2020-2021.

As a testament to the quality of education offered at Rose - Hulman Institute of Technology, the school also landed the #3 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. It costs about $33,997 for Indiana ME students whose families make $0-$30k per year to attend Rose - Hulman Institute of Technology.

With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.

Full Rose - Hulman Institute of Technology Mechanical Engineering Report

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