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2022 Best Value Master’s Degree Colleges for Theological & Ministerial Studies in Indiana

6 Ranked Colleges
285 Degrees Awarded
$22,400 Avg Grad Tuition & Fees*
Best Value Theology Schools for a Master's in Indiana

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Theology Schools for a Master’s in Indiana” ranking - to help you make that decision.

In 2019-2020, 15,051 people earned their degree in theological and ministerial studies, making the major the 55th most popular in the United States. In 2017-2018, theological and ministerial studies graduates who were awarded their degree in 2015-2017, earned an average of $36,911 and had an average of $41,597 in loans still to pay off.

Across Indiana, there were 412 theological and ministerial studies graduates with average earnings and debt of $45,783 and $49,199 respectively. At the master’s degree level specifically, there were 285 theological and ministerial studies graduates with average earnings and debt of $55,737 and $39,894 respectively.

This year’s “Best Value Theology Schools for a Master’s in Indiana” ranking analyzed 6 colleges that offered a degree in theological and ministerial studies. The schools that top this list are recognized because they have great theological and ministerial studies programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the theological and ministerial studies program at the school. Check out our ranking methodology for more information.

More Ways to Rank Theological & Ministerial Studies 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 Theology Schools for a Master’s in Indiana” 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 Theology Schools for a Master’s in Indiana

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

Top 6 Best Value Master’s Degree Colleges for Theological & Ministerial Studies in Indiana

#2 in overall quality

Out of the 6 schools in the Best Value Theology Schools for a Master’s in Indiana that were part of this year’s ranking, Grace College and Theological Seminary landed the #1 spot on the list. Winona Lake, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s theology degrees to 12 students in 2019-2020.

In addition to being on our indiana master’s degree theology students list, Grace College has also earned the #2 rank in our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Grace College and Theological Seminary are $7,872, but you may pay more or less depending on your major.

Read more about Theological & Ministerial Studies at Grace College

#2

Anderson University Indiana

Anderson, Indiana

You’ll be in good company if you decide to attend Anderson University Indiana. It ranked #2 on our 2022 Best Value Theology Schools for a Master’s in Indiana list. Located in Anderson, Indiana, this small private not-for-profit school handed out 10 diplomas to qualified masters’s theology students in 2019-2020.

Anderson University Indiana not only placed well in this ranking. It is also #6 on our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Anderson University Indiana are $11,455, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Anderson University Indiana

#3

Christian Theological Seminary

Indianapolis, Indiana

You’ll join some of the best and brightest minds around if you attend Christian Theological Seminary. The school came in at #3 for the Best Value Theology Schools for a Master’s in Indiana. Christian Theological Seminary is a small private not-for-profit school situated in Indianapolis, Indiana. It awarded 18 masters’s theology degrees in 2019-2020.

Christian Theological Seminary also made our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list, coming in at #5. Average graduate tuition and fees at Christian Theological Seminary are $12,990, but some majors have different tuition rates.

Full Christian Theological Seminary Theological & Ministerial Studies Report

You’ll join some of the best and brightest minds around if you attend Indiana Wesleyan University - National & Global. The school came in at #4 for the Best Value Theology Schools for a Master’s in Indiana. This fairly large school is located in Marion, Indiana, and it awarded 27 masters’s theology degrees in 2019-2020.

IWU also made our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list, coming in at #4. Average graduate tuition and fees at Indiana Wesleyan University - National & Global are $11,977, but some majors have different tuition rates.

Read more about Theological & Ministerial Studies at Indiana Wesleyan University - National & Global

#5

Concordia Theological Seminary

Fort Wayne, Indiana

You’ll join some of the best and brightest minds around if you attend Concordia Theological Seminary. The school came in at #5 for the Best Value Theology Schools for a Master’s in Indiana. Concordia Theological Seminary is located in Fort Wayne, Indiana and, has a small student population. In 2019-2020, this school awarded 39 masters’s theology degrees to qualified students.

Concordia Theological Seminary also made our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list, coming in at #3. Average graduate tuition and fees at Concordia Theological Seminary are $31,551, but you may pay more or less depending on your major.

Read full report on Theological & Ministerial Studies at Concordia Theological Seminary

#6

University of Notre Dame

Notre Dame, Indiana

University of Notre Dame came in at #6 in this year’s edition of the Best Value Theology Schools for a Master’s in Indiana ranking. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 68 masters’s theology degrees in 2019-2020.

Notre Dame not only placed well in this ranking. It is also #1 on our “Best Theological & Ministerial Studies Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.

Read more about Theological & Ministerial Studies at Notre Dame

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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.

Credits

  • Credit for the banner image above goes to Jonund.

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