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2022 Best Value Master’s Degree Colleges for Psychology in Indiana (With Aid)

11 Ranked Colleges
404 Degrees Awarded
$25,100 Avg Grad Tuition & Fees*
Best Value Psychology Schools for a Master's in Indiana For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid” ranking is part of that endeavor.

With 183,889 degrees handed out in 2019-2020, psychology is the 7th most popular major in the United States. In 2017-2018, psychology graduates who were awarded their degree in 2015-2017, earned an average of $33,496 and had an average of $36,227 in loans still to pay off.

Across Indiana, there were 3,157 psychology graduates with average earnings and debt of $30,743 and $30,757 respectively. At the master’s degree level specifically, there were 404 psychology graduates with average earnings and debt of $55,737 and $39,894 respectively.

For this year’s “Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid” ranking, we looked at 11 colleges that offer a degree in psychology. This ranking identifies schools with high-quality psychology 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 psychology program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Psychology Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid” 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 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 Psychology Schools for a Master’s in Indiana For Those Getting Aid

The colleges and universities below are the best for indiana master’s degree psychology students with aid.

Top 11 Best Value Master’s Degree Colleges for Psychology in Indiana (With Aid)

#1

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 Psychology Schools for a Master’s in Indiana For Those Getting Aid. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 7 masters’s psychology degrees in 2019-2020.

Purdue not only placed well in this ranking. It is also #0 on our “Best Psychology Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Purdue are $28,794, but you may pay more or less depending on your major.

Full Purdue Psychology Report

#2

Indiana University - Bloomington

Bloomington, Indiana
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #2 for the Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid. Indiana University - Bloomington is a large public school situated in Bloomington, Indiana. It awarded 26 masters’s psychology degrees in 2019-2020.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #2 spot in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but you may pay more or less depending on your major.

Full IU Bloomington Psychology Report

#6 in overall quality

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #3 on our 2022 Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s psychology degrees to 8 students in 2019-2020.

IUPUI also made our “Best Psychology Master’s Degree Schools in Indiana” list, coming in at #6. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but some majors have different tuition rates.

Read more about Psychology at Indiana University - Purdue University - Indianapolis

#4

Ball State University

Muncie, Indiana
#3 in overall quality

Out of the 11 schools in the Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid that were part of this year’s ranking, Ball State University landed the #4 spot on the list. Ball State is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 121 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Ball State, the school also landed the #3 spot in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Ball State are $26,204, but some majors have different tuition rates.

Read full report on Psychology at Ball State University

#5

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #5 on our 2022 Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school awarded 8 degrees to qualified masters’s psychology students in 2019-2020.

In addition to being on our indiana master’s degree psychology students with aid list, Notre Dame has also earned the #1 rank in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Notre Dame are $57,522.

Read more about Psychology at Notre Dame

#6

Indiana State University

Terre Haute, Indiana
#8 in overall quality

Indiana State University came in at #6 in this year’s edition of the Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid ranking. Terre Haute, Indiana is the setting for this fairly large institution of higher learning. The public school handed out masters’s psychology degrees to 18 students in 2019-2020.

In addition to being on our indiana master’s degree psychology students with aid list, Indiana State has also earned the #8 rank in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana State are $15,346.

Read full report on Psychology at Indiana State

#7

Valparaiso University

Valparaiso, Indiana
#4 in overall quality

Valparaiso University ranked #7 on this year’s Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid list. Valparaiso University is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 23 masters’s degrees in 2019-2020.

Valpo did well in our major quality rankings, too. It placed #4 on our “Best Psychology Master’s Degree Schools in Indiana” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Valparaiso University are $12,220.

Read full report on Psychology at Valparaiso University

#8

University of Indianapolis

Indianapolis, Indiana
#5 in overall quality

With a ranking of #8, University of Indianapolis did quite well on the 2022 Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid list. UIndy is a medium-sized private not-for-profit school situated in Indianapolis, Indiana. It awarded 58 masters’s psychology degrees in 2019-2020.

UIndy not only placed well in this ranking. It is also #5 on our “Best Psychology Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at University of Indianapolis are $39,644, but some majors have different tuition rates.

Read more about Psychology at University of Indianapolis

#9

Huntington University

Huntington, Indiana
#7 in overall quality

Huntington University did quite well in the 2022 Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid ranking, coming in at #9. Huntington University is a private not-for-profit institution located in Huntington, Indiana. The school has a small population, and it awarded 25 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Huntington, the school also landed the #7 spot in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Huntington are $11,208, but you may pay more or less depending on your major.

Read full report on Psychology at Huntington

University of Saint Francis - Fort Wayne came in at #10 in this year’s edition of the Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid ranking. University of St. Francis Fort Wayne is a private not-for-profit institution located in Fort Wayne, Indiana. The school has a small population, and it awarded 6 masters’s degrees in 2019-2020.

In addition to being on our indiana master’s degree psychology students with aid list, University of St. Francis Fort Wayne has also earned the #0 rank in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at University of Saint Francis - Fort Wayne are $11,448, but some majors have different tuition rates.

Full University of St. Francis Fort Wayne Psychology Report

#11

Martin University

Indianapolis, Indiana
#10 in overall quality

With a ranking of #11, Martin University did quite well on the 2022 Best Value Psychology Schools for a Master’s in Indiana For Those Getting Aid list. Martin University is a small school located in Indianapolis, Indiana that handed out 11 masters’s psychology degrees in 2019-2020.

In addition to being on our indiana master’s degree psychology students with aid list, Martin University has also earned the #10 rank in our “Best Psychology Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Martin University are $12,060, but you may pay more or less depending on your major.

Full Martin University Psychology Report

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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