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2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid

18 Ranked Colleges
1,619 Degrees Awarded
$15,000 Avg Net Price*
Best Value Liberal Arts 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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking.

In 2019-2020, 559,661 liberal arts general studies students received their degree, making the major the 1st most popular in the country. In 2017-2018, liberal arts general studies graduates who were awarded their degree in 2015-2017, earned an average of $26,786 and had an average of $16,538 in loans still to pay off.

Across Indiana, there were 9,832 liberal arts general studies graduates with average earnings and debt of $31,796 and $21,603 respectively. At the bachelor’s degree level specifically, there were 1,619 liberal arts general studies graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid” ranking looked at 18 colleges that offer degrees in a bachelor’s in liberal arts general studies. Not only do the schools that top this list have excellent liberal arts general studies programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the liberal arts general studies program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank Liberal Arts General Studies Schools

The liberal arts school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid”.

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 Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid

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

Top 18 Best Value Bachelor’s Degree Colleges for Liberal Arts General Studies in Indiana (With Aid)

You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #1 on our 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid list. IU Northwest is a small school located in Gary, Indiana that handed out 55 bachelors’s liberal arts degrees in 2019-2020.

IU Northwest also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #14. It costs about $7,755 for Indiana Bachelor’s Degree Liberal Arts students with aid per year to attend Indiana University - Northwest.

Full Indiana University - Northwest Liberal Arts General Studies Report

#2

Indiana University - Bloomington

Bloomington, Indiana

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid list. Bloomington, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s liberal arts degrees to 238 students in 2019-2020.

IU Bloomington also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #2. The estimated yearly cost for IU Bloomington is $13,253 for Indiana Bachelor’s Degree Liberal Arts students with aid.

The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.

Full IU Bloomington Liberal Arts General Studies Report

Out of the 18 schools in the Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #3 spot on the list. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 264 bachelors’s liberal arts degrees in 2019-2020.

IUPUI also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #3. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $11,285 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Read full report on Liberal Arts General Studies at IUPUI

#4

Indiana University - South Bend

South Bend, Indiana

You’ll be in good company if you decide to attend Indiana University - South Bend. It ranked #4 on our 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid list. This small school is located in South Bend, Indiana, and it awarded 84 bachelors’s liberal arts degrees in 2019-2020.

Indiana University - South Bend did well in our major quality rankings, too. It placed #13 on our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list. It costs about $8,717 for indiana bachelor’s degree liberal arts students with aid per year to attend Indiana University - South Bend.

Read full report on Liberal Arts General Studies at Indiana University - South Bend

#5

Ball State University

Muncie, Indiana

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #5 for the Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid. Ball State University is located in Muncie, Indiana and, has a large student population. In 2019-2020, this school awarded 249 bachelors’s liberal arts degrees to qualified students.

Ball State also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #4. The estimated yearly cost for Ball State is $15,147 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Read full report on Liberal Arts General Studies at Ball State

#6

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest did quite well in the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking, coming in at #6. Purdue Northwest is located in Hammond, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 45 bachelors’s liberal arts degrees to qualified students.

Purdue Northwest not only placed well in this ranking. It is also #9 on our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Purdue Northwest is $11,250 for indiana bachelor’s degree liberal arts students with aid.

Read full report on Liberal Arts General Studies at Purdue University Northwest

#7

Indiana University - East

Richmond, Indiana

Indiana University - East landed the #7 spot on the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Richmond, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s liberal arts degrees to 62 students in 2019-2020.

IU East also took the #16 spot in our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - East is $7,722 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Full Indiana University - East Liberal Arts General Studies Report

#8

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast did quite well in the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking, coming in at #8. Indiana University - Southeast is a small school located in New Albany, Indiana that handed out 96 bachelors’s liberal arts degrees in 2019-2020.

As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #11 spot in our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” ranking. It costs about $10,657 for indiana bachelor’s degree liberal arts students with aid per year to attend Indiana University - Southeast.

Read full report on Liberal Arts General Studies at Indiana University - Southeast

Indiana University - Kokomo came in at #9 in this year’s edition of the Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Indiana University - Kokomo is a small school located in Kokomo, Indiana that handed out 68 bachelors’s liberal arts degrees in 2019-2020.

IU Kokomo also took the #15 spot in our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” ranking. It costs about $9,796 for Indiana Bachelor’s Degree Liberal Arts students with aid per year to attend Indiana University - Kokomo.

Read full report on Liberal Arts General Studies at IU Kokomo

#10

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne landed the #10 spot on the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Purdue University Fort Wayne is a medium-sized school located in Fort Wayne, Indiana that handed out 85 bachelors’s liberal arts degrees in 2019-2020.

PFW also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #12. The estimated yearly cost for PFW is $10,912 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Read full report on Liberal Arts General Studies at PFW

#11

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana landed the #11 spot on the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. University of Southern Indiana is a fairly large school located in Evansville, Indiana that handed out 35 bachelors’s liberal arts degrees in 2019-2020.

USI also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #7. It costs about $13,437 for Indiana Bachelor’s Degree Liberal Arts students with aid per year to attend University of Southern Indiana.

The low student loan default rate of 5.0% 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 University of Southern Indiana Liberal Arts General Studies Report

#12

Indiana State University

Terre Haute, Indiana

Indiana State University did quite well in the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking, coming in at #12. This fairly large school is located in Terre Haute, Indiana, and it awarded 54 bachelors’s liberal arts degrees in 2019-2020.

Indiana State did well in our major quality rankings, too. It placed #18 on our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Indiana State University is $13,896 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Read full report on Liberal Arts General Studies at Indiana State University

Indiana Wesleyan University - National & Global landed the #13 spot on the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Indiana Wesleyan University - National & Global is a fairly large private not-for-profit school situated in Marion, Indiana. It awarded 69 bachelors’s liberal arts degrees in 2019-2020.

IWU not only placed well in this ranking. It is also #6 on our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list. It costs about $22,207 for Indiana Bachelor’s Degree Liberal Arts students with aid per year to attend Indiana Wesleyan University - National & Global.

Read more about Liberal Arts General Studies at Indiana Wesleyan University - National & Global

#14

Bethel University - Mishawaka

Mishawaka, Indiana

With a ranking of #14, Bethel University - Mishawaka did quite well on the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid list. Bethel University - Mishawaka is a private not-for-profit institution located in Mishawaka, Indiana. The school has a small population, and it awarded 17 bachelors’s degrees in 2019-2020.

Bethel University did well in our major quality rankings, too. It placed #10 on our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list. It costs about $17,558 for indiana bachelor’s degree liberal arts students with aid per year to attend Bethel University.

Full Bethel University Liberal Arts General Studies Report

#15

Indiana Wesleyan University

Marion, Indiana

Indiana Wesleyan University landed the #15 spot on the 2022 Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Indiana Wesleyan University is located in Marion, Indiana and, has a small student population. In 2019-2020, this school awarded 34 bachelors’s liberal arts degrees to qualified students.

IWU also made our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list, coming in at #5. The estimated yearly cost for IWU is $20,946 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Read full report on Liberal Arts General Studies at Indiana Wesleyan University

#16

University of Indianapolis

Indianapolis, Indiana

University of Indianapolis came in at #16 in this year’s edition of the Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Located in Indianapolis, Indiana, this medium-sized private not-for-profit school handed out 28 degrees to qualified bachelors’s liberal arts students in 2019-2020.

As a testament to the quality of education offered at UIndy, the school also landed the #8 spot in our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend University of Indianapolis is $20,512 for Indiana Bachelor’s Degree Liberal Arts students with aid.

Read more about Liberal Arts General Studies at UIndy

#17

University of Notre Dame

Notre Dame, Indiana

University of Notre Dame came in at #17 in this year’s edition of the Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. This fairly large school is located in Notre Dame, Indiana, and it awarded 47 bachelors’s liberal arts degrees in 2019-2020.

Notre Dame not only placed well in this ranking. It is also #1 on our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” list. It costs about $33,025 for indiana bachelor’s degree liberal arts students with aid per year to attend Notre Dame.

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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Liberal Arts General Studies at University of Notre Dame

#18

Anderson University Indiana

Anderson, Indiana

Anderson University Indiana came in at #18 in this year’s edition of the Best Value Liberal Arts Schools for a Bachelor’s in Indiana For Those Getting Aid ranking. Anderson, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s liberal arts degrees to 14 students in 2019-2020.

Anderson University Indiana also took the #17 spot in our “Best Liberal Arts General Studies Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Anderson University Indiana is $22,351 for Indiana Bachelor’s Degree Liberal Arts students with aid.

With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Anderson University Indiana Liberal Arts General Studies Report

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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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