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2023 Best Value ME Schools in Indiana For Those Getting Aid

10 Ranked Colleges
1,336 Degrees Awarded
$20,300 Avg Net Price*
Best Value ME Schools in Indiana For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value ME Schools in Indiana For Those Getting Aid” ranking.

Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. 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.

For this year’s “Best Value ME Schools in Indiana For Those Getting Aid” ranking, we looked at 10 colleges that offer a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the mechanical engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

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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 ME Schools in Indiana For Those Getting Aid” 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value ME Schools in Indiana For Those Getting Aid

The following schools top our list of the Best Best Value ME Schools in Indiana For Those Getting Aid.

Top 10 Best Value Colleges for Mechanical Engineering in Indiana (With Aid)

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

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value ME Schools in Indiana For Those Getting Aid. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 582 ’s ME degrees in 2020-2021.

Purdue not only placed well in this ranking. It is also #2 on our “Best Mechanical Engineering Schools in Indiana” list. The yearly cost to attend Purdue University - Main Campus is $13,377 for indiana me students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Read full report on Mechanical Engineering at Purdue

2

Out of the 10 schools in the Best Value ME Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #2 spot on the list. IUPUI is located in Indianapolis, Indiana and, has a large student population. In 2020-2021, this school awarded 235 ’s ME degrees to qualified students.

IUPUI also took the #4 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $12,416 for indiana me students with aid.

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

3

You’ll be in good company if you decide to attend Purdue University Northwest. It ranked #3 on our 2023 Best Value ME Schools in Indiana For Those Getting Aid list. Purdue University Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 66 ’s ME degrees in 2020-2021.

Purdue Northwest also made our “Best Mechanical Engineering Schools in Indiana” list, coming in at #8. The estimated yearly cost for Purdue Northwest is $11,384 for Indiana ME students with aid.

Full Purdue University Northwest Mechanical Engineering Report

4
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 #4 for the Best Value ME Schools in Indiana For Those Getting Aid. University of 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.

As a testament to the quality of education offered at Notre Dame, the school also landed the #1 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The estimated yearly cost for University of Notre Dame is $31,101 for indiana me students with aid.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Mechanical Engineering at Notre Dame

5
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

You’ll be in good company if you decide to attend Purdue University Fort Wayne. It ranked #5 on our 2023 Best Value ME Schools in Indiana For Those Getting Aid list. Purdue University Fort Wayne is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 15 ’s ME degrees to qualified students.

As a testament to the quality of education offered at PFW, the school also landed the #10 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The estimated yearly cost for Purdue University Fort Wayne is $11,629 for indiana me students with aid.

Read full report on Mechanical Engineering at PFW

6

University of Southern Indiana landed the #6 spot on the 2023 Best Value ME Schools in Indiana For Those Getting Aid ranking. USI is a medium-sized school located in Evansville, Indiana that handed out 37 ’s ME degrees in 2020-2021.

USI did well in our major quality rankings, too. It placed #9 on our “Best Mechanical Engineering Schools in Indiana” list. The yearly cost to attend USI is $13,481 for Indiana ME students with aid.

The low undergrad student loan default rate of 3.9% 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%.

Full USI Mechanical Engineering Report

7
Valpo crest
Valparaiso University
Valparaiso, Indiana

Valparaiso University came in at #7 in this year’s edition of the Best Value ME Schools in Indiana For Those Getting Aid ranking. Located in Valparaiso, Indiana, this small private not-for-profit school awarded 46 diplomas to qualified ’s ME students in 2020-2021.

Valpo did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Schools in Indiana” list. The estimated yearly cost for Valpo is $22,899 for indiana me students with aid.

The undergrad student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Full Valparaiso University Mechanical Engineering Report

8
UE crest
University of Evansville
Evansville, Indiana

University of Evansville came in at #8 in this year’s edition of the Best Value ME Schools in Indiana For Those Getting Aid ranking. University of Evansville is a small school located in Evansville, Indiana that handed out 16 ’s ME degrees in 2020-2021.

As a testament to the quality of education offered at UE, the school also landed the #7 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend University of Evansville is $22,912 for indiana me students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The undergraduate 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. The undergrad student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Full UE Mechanical Engineering Report

9
Trine crest
Trine University
Angola, Indiana

Trine University did quite well in the 2023 Best Value ME Schools in Indiana For Those Getting Aid ranking, coming in at #9. This small school is located in Angola, Indiana, and it awarded 33 ’s ME degrees in 2020-2021.

Trine not only placed well in this ranking. It is also #6 on our “Best Mechanical Engineering Schools in Indiana” list. The estimated yearly cost for Trine is $25,028 for indiana me students with aid.

The undergrad student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Mechanical Engineering at Trine University

10

Rose - Hulman Institute of Technology did quite well in the 2023 Best Value ME Schools in Indiana For Those Getting Aid ranking, coming in at #10. Located in Terre Haute, Indiana, this small private not-for-profit school handed out 134 degrees to qualified ’s ME students in 2020-2021.

Rose - Hulman Institute of Technology also made our “Best Mechanical Engineering Schools in Indiana” list, coming in at #3. It costs about $38,975 for Indiana ME students with aid per year to attend Rose - Hulman Institute of Technology.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The undergraduate 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.

Read full report on Mechanical Engineering at Rose - Hulman Institute of Technology

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