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2022 Best Value Bachelor’s Degree Colleges for Liberal Arts in Indiana (With Aid)

9 Ranked Colleges
740 Degrees Awarded
$16,500 Avg Net Price*
Best Value Liberal Studies Schools for a Bachelor's in Indiana For Those Getting 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 Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking as one item you can use to help make this decision.

In 2019-2020, 365,980 liberal arts students received their degree, making the major the 2nd most popular in the country.

Across Indiana, there were 1,730 liberal arts graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 740 liberal arts graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking looked at 9 colleges that offer degrees in a bachelor’s in liberal arts. This ranking identifies schools with high-quality liberal arts 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 liberal arts program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Liberal Arts 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 Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid” list to help you make the college 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 when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid

The following schools top our list of the Best Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid.

Top 9 Best Value Bachelor’s Degree Colleges for Liberal Arts in Indiana (With Aid)

#1

Indiana University - Bloomington

Bloomington, Indiana
#2 in overall quality

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #1 on our 2022 Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid list. Indiana University - Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 238 bachelors’s degrees in 2019-2020.

IU Bloomington also made our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” list, coming in at #2. It costs about $13,253 for Indiana Bachelor’s Degree Liberal Studies students with aid per year to attend IU Bloomington.

With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 4.3% 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 Liberal Arts at IU Bloomington

#2

Ball State University

Muncie, Indiana
#3 in overall quality

You’ll be in good company if you decide to attend Ball State University. It ranked #2 on our 2022 Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid list. Ball State University is a large public school situated in Muncie, Indiana. It awarded 249 bachelors’s liberal studies degrees in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #3 on our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” list. It costs about $15,147 for Indiana Bachelor’s Degree Liberal Studies students with aid per year to attend Ball State University.

Full Ball State University Liberal Arts Report

#3

Purdue University Northwest

Hammond, Indiana
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #3 for the Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid. Purdue University Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 45 bachelors’s liberal studies degrees in 2019-2020.

Purdue Northwest also took the #6 spot in our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Purdue University Northwest is $11,250 for indiana bachelor’s degree liberal studies students with aid.

Full Purdue University Northwest Liberal Arts Report

#4

Indiana University - Southeast

New Albany, Indiana
#8 in overall quality

You’ll be in good company if you decide to attend Indiana University - Southeast. It ranked #4 on our 2022 Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid list. New Albany, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s liberal studies degrees to 8 students in 2019-2020.

As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #8 spot in our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Southeast is $10,657 for indiana bachelor’s degree liberal studies students with aid.

Read more about Liberal Arts at Indiana University - Southeast

#5

University of Southern Indiana

Evansville, Indiana
#4 in overall quality

Out of the 9 schools in the Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid that were part of this year’s ranking, University of Southern Indiana landed the #5 spot on the list. Located in Evansville, Indiana, this fairly large public school handed out 35 diplomas to qualified bachelors’s liberal studies students in 2019-2020.

USI not only placed well in this ranking. It is also #4 on our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” list. It costs about $13,437 for indiana bachelor’s degree liberal studies students with aid per year to attend University of Southern Indiana.

The student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Full USI Liberal Arts Report

#6

Indiana State University

Terre Haute, Indiana
#9 in overall quality

Indiana State University did quite well in the 2022 Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid ranking, coming in at #6. This fairly large school is located in Terre Haute, Indiana, and it awarded 54 bachelors’s liberal studies degrees in 2019-2020.

As a testament to the quality of education offered at Indiana State, the school also landed the #9 spot in our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana State University is $13,896 for Indiana Bachelor’s Degree Liberal Studies students with aid.

Read full report on Liberal Arts at Indiana State

#7

Bethel University - Mishawaka

Mishawaka, Indiana
#7 in overall quality

Bethel University - Mishawaka came in at #7 in this year’s edition of the Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Located in Mishawaka, Indiana, this small private not-for-profit school handed out 17 diplomas to qualified bachelors’s liberal studies students in 2019-2020.

Bethel University not only placed well in this ranking. It is also #7 on our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Bethel University - Mishawaka is $17,558 for indiana bachelor’s degree liberal studies students with aid.

Read full report on Liberal Arts at Bethel University

#8

University of Indianapolis

Indianapolis, Indiana
#5 in overall quality

University of Indianapolis did quite well in the 2022 Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid ranking, coming in at #8. Located in Indianapolis, Indiana, this medium-sized private not-for-profit school awarded 28 diplomas to qualified bachelors’s liberal studies students in 2019-2020.

In addition to being on our indiana bachelor’s degree liberal studies students with aid list, UIndy has also earned the #5 rank in our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend University of Indianapolis is $20,512 for Indiana Bachelor’s Degree Liberal Studies students with aid.

Full UIndy Liberal Arts Report

#9

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

University of Notre Dame ranked #9 on this year’s Best Value Liberal Studies Schools for a Bachelor’s in Indiana For Those Getting Aid list. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 47 bachelors’s liberal studies degrees in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Liberal Arts Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for University of Notre Dame is $33,025 for Indiana Bachelor’s Degree Liberal Studies students with aid.

The student loan default rate at the school is 0.7%, 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 97%. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Liberal Arts at University of Notre Dame

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.

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