2027 Best Value Fine & Studio Arts Schools in Indiana

[Fine & Studio Arts](/majors/visual-and-performing-arts/fine-and-studio-arts/) is a field worth comparing on the balance of cost and outcomes. The schools below stand out for delivering a strong fine & studio arts education at a price that pays off.
College Factual analyzed 12 schools to build this 2027 ranking of the best value fine & studio arts schools.
What’s on this page:
2027 Best Value Fine & Studio Arts Schools in Indiana
If you want to know which schools deliver the best value for the fine & studio arts degrees they offer, see the list below.
Best Value Fine & Studio Arts Schools
Indiana University Northwest tops our 2027 list of the best value fine & studio arts schools in Indiana. Located in the suburb of Gary, Indiana University Northwest is a moderately-sized public university. Students from in state pay about $8,424 in tuition and fees, with out-of-state students paying around $22,811. Students borrow a median of $26,434 to complete the fine & studio arts program here. Early-career fine & studio arts graduates make about $48,925. Weighed against typical debt, the earnings make a compelling case for value. Roughly 73% of applicants are accepted.
A rank of #2 makes Indiana University Southeast one of the best values for fine & studio arts. Set in the suburb of New Albany, Indiana University Southeast is a moderately-sized public institution. Expect in-state tuition and fees of around $8,424, while out-of-state students pay about $22,811. Fine & Studio Arts graduates carry a median of $18,942 in student loans. Early-career fine & studio arts graduates make about $31,194. Weighed against typical debt, the earnings make a compelling case for value. Roughly 84% of applicants are accepted.
Ivy Tech Community College is a great value for students pursuing a degree in fine & studio arts, landing the #3 spot this year. Located in the city of Indianapolis, Ivy Tech Community College is a very large public university. In-state tuition and fees average $5,154, compared with $9,935 for out-of-state students. Typical student debt for fine & studio arts graduates is $11,889. Fine & Studio Arts graduates of Ivy Tech Community College earn a median of $40,734 early in their careers. That is a strong return on a $11,889 median debt.
Indiana University Purdue University Indianapolis came in at #4 on our 2027 list of the best value fine & studio arts schools. Set in the city of Indianapolis, Indiana University Purdue University Indianapolis is a very large public institution. In-state tuition and fees average $10,762, while out-of-state students pay about $34,891. Typical student debt for fine & studio arts graduates is $22,750. Early-career fine & studio arts graduates make about $27,595. That is a strong return on a $22,750 median debt. Indiana University Purdue University Indianapolis admits about 76% of applicants.
A rank of #5 makes Indiana University South Bend one of the best values for fine & studio arts. Set in the city of South Bend, Indiana University South Bend is a moderately-sized public institution. Students from in state pay about $8,424 in tuition and fees, with out-of-state students paying around $22,811. Fine & Studio Arts graduates carry a median of $25,295 in student loans. Fine & Studio Arts graduates of Indiana University South Bend earn a median of $23,308 early in their careers. That is a strong return on a $25,295 median debt. Indiana University South Bend admits about 84% of applicants.
University Of Southern Indiana came in at #6 for value in fine & studio arts this year. University Of Southern Indiana is a large public school located in the suburb of Evansville. The average in-state cost of tuition and fees is $10,066, while out-of-state students pay about $22,907. Fine & Studio Arts graduates carry a median of $22,637 in student loans. Early-career fine & studio arts graduates make about $28,890. Set against $22,637 in median debt, that is a healthy payoff. Roughly 96% of applicants are accepted.
Purdue University Main Campus placed #7 among the best values for fine & studio arts. Located in the city of West Lafayette, Purdue University Main Campus is a very large public university. Students from in state pay about $9,992 in tuition and fees, compared with $28,794 for out-of-state students. Students borrow a median of $21,128 to complete the fine & studio arts program here. Fine & Studio Arts graduates of Purdue University Main Campus earn a median of $27,114 early in their careers. That is a strong return on a $21,128 median debt. Roughly 50% of applicants are accepted.
Indiana State University placed #8 among the best values for fine & studio arts. Indiana State University is a moderately-sized public school located in the city of Terre Haute. Students from in state pay about $10,258 in tuition and fees, compared with $22,322 for out-of-state students. Fine & Studio Arts graduates carry a median of $26,959 in student loans. Early-career fine & studio arts graduates make about $53,952. Set against $26,959 in median debt, that is a healthy payoff. Roughly 81% of applicants are accepted.
Indiana University Bloomington earned the #9 position for value in fine & studio arts this year. Indiana University Bloomington is a very large public school located in the city of Bloomington. Students from in state pay about $12,144 in tuition and fees, compared with $41,891 for out-of-state students. Fine & Studio Arts graduates carry a median of $19,500 in student loans. Soon after graduation, fine & studio arts degree recipients from Indiana University Bloomington generally make around $33,265. Weighed against typical debt, the earnings make a compelling case for value. Indiana University Bloomington admits about 78% of applicants.
Ball State University ranked #10 on our 2027 list of the best value fine & studio arts schools. Located in the city of Muncie, Ball State University is a very large public university. Students from in state pay about $11,082 in tuition and fees, while out-of-state students pay about $29,630. Typical student debt for fine & studio arts graduates is $25,637. Early-career fine & studio arts graduates make about $28,405. That is a strong return on a $25,637 median debt. Roughly 86% of applicants are accepted.
Indiana University Purdue University Fort Wayne landed the #11 spot for fine & studio arts value this year. Set in the city of Fort Wayne, Indiana University Purdue University Fort Wayne is a moderately-sized public institution. The average in-state cost of tuition and fees is $9,532, compared with $22,887 for out-of-state students. Fine & Studio Arts graduates carry a median of $26,873 in student loans. Fine & Studio Arts graduates of Indiana University Purdue University Fort Wayne earn a median of $27,775 early in their careers. Set against $26,873 in median debt, that is a healthy payoff. Roughly 84% of applicants are accepted.
University Of Indianapolis ranked #12 on our 2027 list of the best value fine & studio arts schools. University Of Indianapolis is a moderately-sized private not-for-profit school located in the city of Indianapolis. Expect in-state tuition and fees of around $37,200. Students borrow a median of $26,699 to complete the fine & studio arts program here. Early-career fine & studio arts graduates make about $52,298. Set against $26,699 in median debt, that is a healthy payoff. The acceptance rate is 66%.
More Fine & Studio Arts Rankings
View All Fine & Studio Arts Rankings >
Notes and References
This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 12 schools evaluated.
*Averages shown above reflect the top 12 ranked schools only.
- 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).
More about our data sources and methodologies.