2023 Best Value Theology & Religious Vocations Schools 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 has developed its “Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid” ranking as one item you can use to help make this decision.

Theology & Religious Vocations is the 26th most popular major in the country with 27,459 degrees awarded in 2020-2021. In 2019-2020, theology and religious vocations graduates who were awarded their degree in 2017-2019, earned an average of $36,020 and had an average of $26,322 in loans still to pay off.

Across Indiana, there were 889 theology and religious vocations graduates with average earnings and debt of $36,233 and $25,827 respectively.

For this year’s “Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid” ranking, we looked at 3 colleges that offer a degree in theology and religious vocations. This ranking identifies schools with high-quality theology and religious vocations 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 theology and religious vocations program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

More Ways to Rank Theology & Religious Vocations Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Theology & Religious Vocations Schools 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid

The following schools top our list of the Best Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid.

Top 3 Best Value Colleges for Theology & Religious Vocations in Indiana (With Aid)

1

Grace College and Theological Seminary
Winona Lake, Indiana

#2 in overall quality

$20,060 Average Net Price

$34,626 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #1 for the Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid. Grace College is a private not-for-profit institution located in Winona Lake, Indiana. The school has a small population, and it awarded 87 ’s degrees in 2020-2021.

Grace College not only placed well in this ranking. It is also #2 on our “Best Theology & Religious Vocations Schools in Indiana” list. It costs about $20,060 for Indiana Theology & Religious Vocations students with aid per year to attend Grace College.

The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Theology & Religious Vocations at Grace College and Theological Seminary

2

Indiana Wesleyan University - National & Global
Marion, Indiana

#4 in overall quality

$18,904 Average Net Price

$46,269 Average Early-Career Earnings

You’ll be in good company if you decide to attend Indiana Wesleyan University - National & Global. It ranked #2 on our 2023 Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid list. This fairly large school is located in Marion, Indiana, and it awarded 238 ’s theology and religious vocations degrees in 2020-2021.

IWU not only placed well in this ranking. It is also #4 on our “Best Theology & Religious Vocations Schools in Indiana” list. The estimated yearly cost for Indiana Wesleyan University - National & Global is $18,904 for Indiana Theology & Religious Vocations 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%.

Full IWU Theology & Religious Vocations Report

3

University of Notre Dame
Notre Dame, Indiana

#1 in overall quality

$31,101 Average Net Price

$58,860 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #3 on our 2023 Best Value Theology & Religious Vocations Schools in Indiana For Those Getting Aid list. Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2020-2021, this school awarded 150 ’s theology and religious vocations degrees to qualified students.

Notre Dame also made our “Best Theology & Religious Vocations Schools in Indiana” list, coming in at #1. The yearly cost to attend Notre Dame is $31,101 for Indiana Theology & Religious Vocations students with aid.

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%. 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. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read more about Theology & Religious Vocations at Notre Dame

• Best Value Colleges for Theology & Religious Vocations in the Great Lakes Region (With Aid)
• Best Value Colleges for Theology & Religious Vocations (With Aid)

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.

Credits

• Credit for the banner image above goes to Daderot.