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2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid

18 Ranked Colleges
9,535 Degrees Awarded
$13,900 Avg Net Price*
Best Value Liberal Arts Schools in Indiana For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Liberal Arts Schools in Indiana For Those Getting Aid” ranking as one item you can use to help make this decision.

With 556,813 degrees handed out in 2020-2021, liberal arts general studies is the 1st most popular major in the United States. In 2019-2020, liberal arts general studies graduates who were awarded their degree in 2017-2019, earned an average of $28,337 and had an average of $17,430 in loans still to pay off.

Across Indiana, there were 9,535 liberal arts general studies graduates with average earnings and debt of $37,069 and $24,427 respectively.

This year’s “Best Value Liberal Arts Schools in Indiana For Those Getting Aid” ranking analyzed 18 colleges that offered a degree in liberal arts general studies. The schools that top this list are recognized because they have great liberal arts general studies programs and 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.

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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 in Indiana For Those Getting Aid”.

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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Liberal Arts Schools in Indiana For Those Getting Aid

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

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

1

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #1 on our 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out ’s liberal arts degrees to 261 students in 2020-2021.

IUPUI also took the #3 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $12,416 for indiana liberal arts students with aid.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read more about Liberal Arts General Studies at Indiana University - Purdue University - Indianapolis

2
Ivy Tech Community College crest
Ivy Tech Community College
Indianapolis, Indiana

You’ll join some of the best and brightest minds around if you attend Ivy Tech Community College. The school came in at #2 for the Best Value Liberal Arts Schools in Indiana For Those Getting Aid. Located in Indianapolis, Indiana, this large public school handed out 6,224 degrees to qualified ’s liberal arts students in 2020-2021.

Ivy Tech Community College did well in our major quality rankings, too. It placed #9 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend Ivy Tech Community College is $7,669 for indiana liberal arts students with aid.

Read more about Liberal Arts General Studies at Ivy Tech Community College

3
Vincennes University crest
Vincennes University
Vincennes, Indiana

You’ll join some of the best and brightest minds around if you attend Vincennes University. The school came in at #3 for the Best Value Liberal Arts Schools in Indiana For Those Getting Aid. This fairly large school is located in Vincennes, Indiana, and it awarded 1,373 ’s liberal arts degrees in 2020-2021.

Vincennes University also took the #4 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $11,518 for Indiana Liberal Arts students with aid per year to attend Vincennes University.

Read more about Liberal Arts General Studies at Vincennes University

4

Out of the 18 schools in the Best Value Liberal Arts Schools in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Bloomington landed the #4 spot on the list. IU Bloomington is a large school located in Bloomington, Indiana that handed out 225 ’s liberal arts degrees in 2020-2021.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #2 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend IU Bloomington is $14,619 for indiana liberal arts students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

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

5

You’ll join some of the best and brightest minds around if you attend Indiana University - Southeast. The school came in at #5 for the Best Value Liberal Arts Schools in Indiana For Those Getting Aid. New Albany, Indiana is the setting for this small institution of higher learning. The public school handed out ’s liberal arts degrees to 107 students in 2020-2021.

Indiana University - Southeast not only placed well in this ranking. It is also #8 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $11,446 for Indiana Liberal Arts students with aid per year to attend Indiana University - Southeast.

Full Indiana University - Southeast Liberal Arts General Studies Report

6

With a ranking of #6, Indiana University - South Bend did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. Indiana University - South Bend is a small school located in South Bend, Indiana that handed out 77 ’s liberal arts degrees in 2020-2021.

Indiana University - South Bend did well in our major quality rankings, too. It placed #10 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $9,646 for indiana 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

7

Indiana University - Northwest came in at #7 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking. Gary, Indiana is the setting for this small institution of higher learning. The public school handed out ’s liberal arts degrees to 48 students in 2020-2021.

IU Northwest did well in our major quality rankings, too. It placed #16 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $6,363 for indiana liberal arts students with aid per year to attend IU Northwest.

Full IU Northwest Liberal Arts General Studies Report

8
IU East crest
Indiana University - East
Richmond, Indiana

Indiana University - East did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking, coming in at #8. This small school is located in Richmond, Indiana, and it awarded 54 ’s liberal arts degrees in 2020-2021.

IU East also took the #15 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend IU East is $9,285 for indiana liberal arts students with aid.

Full IU East Liberal Arts General Studies Report

9

Indiana University - Kokomo landed the #9 spot on the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking. IU Kokomo is a small public school situated in Kokomo, Indiana. It awarded 60 ’s liberal arts degrees in 2020-2021.

IU Kokomo also made our “Best Liberal Arts General Studies Schools in Indiana” list, coming in at #12. The yearly cost to attend IU Kokomo is $10,703 for indiana liberal arts students with aid.

Read full report on Liberal Arts General Studies at IU Kokomo

10
Ball State crest
Ball State University
Muncie, Indiana

With a ranking of #10, Ball State University did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. This large school is located in Muncie, Indiana, and it awarded 277 ’s liberal arts degrees in 2020-2021.

Ball State also took the #5 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Ball State is $14,765 for Indiana Liberal Arts 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%.

Read more about Liberal Arts General Studies at Ball State

11
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

With a ranking of #11, Purdue University Fort Wayne did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. Purdue University Fort Wayne is a medium-sized school located in Fort Wayne, Indiana that handed out 84 ’s liberal arts degrees in 2020-2021.

PFW also took the #14 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend PFW is $11,629 for Indiana Liberal Arts students with aid.

Read full report on Liberal Arts General Studies at Purdue University Fort Wayne

12

University of Southern Indiana ranked #12 on this year’s Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. This medium-sized school is located in Evansville, Indiana, and it awarded 41 ’s liberal arts degrees in 2020-2021.

USI did well in our major quality rankings, too. It placed #11 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $13,481 for Indiana Liberal Arts students with aid per year to attend University of Southern Indiana.

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%.

Read more about Liberal Arts General Studies at USI

13

With a ranking of #13, Purdue University Northwest did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. Purdue University Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 44 ’s degrees in 2020-2021.

Purdue Northwest not only placed well in this ranking. It is also #17 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend Purdue Northwest is $11,384 for indiana liberal arts students with aid.

Read more about Liberal Arts General Studies at Purdue University Northwest

14

Indiana Wesleyan University - National & Global did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking, coming in at #14. Marion, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s liberal arts degrees to 155 students in 2020-2021.

IWU not only placed well in this ranking. It is also #7 on our “Best Liberal Arts General Studies Schools in Indiana” list. The estimated yearly cost for IWU is $18,904 for indiana liberal arts students with aid.

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

Read more about Liberal Arts General Studies at IWU

15
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking, coming in at #15. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2020-2021, this school awarded 36 ’s liberal arts degrees to qualified students.

Notre Dame also took the #1 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend University of Notre Dame is $31,101 for Indiana Liberal Arts students with aid.

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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low undergrad student loan default rate of 0.7% 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%.

Full Notre Dame Liberal Arts General Studies Report

16

Indiana Wesleyan University did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking, coming in at #16. Indiana Wesleyan University is a private not-for-profit institution located in Marion, Indiana. The school has a small population, and it awarded 39 ’s degrees in 2020-2021.

IWU not only placed well in this ranking. It is also #6 on our “Best Liberal Arts General Studies Schools in Indiana” list. The estimated yearly cost for IWU is $21,204 for indiana liberal arts students with aid.

The low undergrad 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 Indiana Wesleyan University Liberal Arts General Studies Report

17
Indiana State crest
Indiana State University
Terre Haute, Indiana

With a ranking of #17, Indiana State University did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid list. Located in Terre Haute, Indiana, this medium-sized public school awarded 36 diplomas to qualified ’s liberal arts students in 2020-2021.

In addition to being on our indiana liberal arts students with aid list, Indiana State has also earned the #18 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Indiana State University is $14,270 for Indiana Liberal Arts students with aid.

Read more about Liberal Arts General Studies at Indiana State University

18
UIndy crest
University of Indianapolis
Indianapolis, Indiana

University of Indianapolis did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Getting Aid ranking, coming in at #18. University of Indianapolis is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 14 ’s degrees in 2020-2021.

UIndy not only placed well in this ranking. It is also #13 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $19,808 for indiana liberal arts students with aid per year to attend UIndy.

Full UIndy Liberal Arts General Studies Report

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