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2022 Best Schools for the Money (No Aid) in Indiana

48 Colleges
$13,430 Avg Undergrad Tuition & Fees*
$9,840 Avg Room & Board*

It's not easy to decide which school to attend when you have so many options available. College Factual has developed its Best Colleges for the Money in Indiana ranking as one thing you can use to help make this decision.

See What's Included in This Value Report:

Finding Your Best College Match

We analyzed 48 schools across Indiana to determine which have the best value programs. To come up with this ranking of the best value schools, we look at factors that are all objective measurements. We explain more about what we look at and why we do so below.

Our Methodology

To determine the value of a school in our Best Colleges for the Money in Indiana ranking, we first add average tuition, fees, and room and board costs (without aid) together. But, a school that excels in providing value for your money must also be a great school overall as well.

To take this into account we consider a school's overall Best Colleges ranking which itself looks at a combination of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.

We go into more detail on these factors on our best value ranking methodology page.

More Rankings to View

Keep scrolling for the top schools in this ranking or select one of the other rankings methods below.

Want to see the list of best value schools for families with specific income levels or whether or not aid is being applied? Click on one of the tiles above. You may also want to narrow this list by location to find the best value schools nearest you. Also, you may want to check out our other college rankings.

If you know what major you want to study, check out our list of the best value schools by major. If you're interested in other degree levels, you can view one of the lists below.

Best Value Schools (No Aid) in Indiana

Learn more about these excellent schools below:

#1

Purdue University - Main Campus

West Lafayette, Indiana

Purdue University - Main Campus tops this year’s ranking as the best value (no aid) school in Indiana for overall quality. Purdue is located in West Lafayette, Indiana and has a large student population. It is a public school.

Not only is Purdue University - Main Campus a great value, but it is also ranked #2 in Indiana for overall quality. The average cost without aid for the school is $20,022 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $20,022 a year.

Learn More About Value at Purdue University - Main Campus

#2

Indiana University - Bloomington

Bloomington, Indiana

The quality degree programs at Indiana University - Bloomington helped the school earn the #2 place on this year’s ranking of Best Colleges for the Money in Indiana. Located in Bloomington, Indiana, the school is a large public institution.

Indiana University - Bloomington has the honor of being ranked #3 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $22,427 a year. The average cost without aid for the school is $22,398 per year for graduate students.

Read full value report on Indiana University - Bloomington

#3

Ivy Tech Community College

Indianapolis, Indiana

You’ll be in good company if you decide to attend Ivy Tech Community College. It ranked #3 on our 2022 Best Colleges for the Money in Indiana list. Ivy Tech Community College is a large public school located in Indianapolis, Indiana.

Ivy Tech Community College has the honor of being ranked #17 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $11,485 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $6,848 a year.

Read full value report on Ivy Tech Community College

#4

Purdue University Northwest

Hammond, Indiana

You’ll be in good company if you decide to attend Purdue University Northwest. It ranked #4 on our 2022 Best Colleges for the Money in Indiana list. Located in Hammond, Indiana, the school is a medium-sized public institution.

In addition to being included on this ranking as a good value, Purdue University Northwest is ranked #16 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $15,487 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $14,278 a year.

Full Purdue University Northwest Value Report

#5

Purdue University Global

Indianapolis, Indiana

The quality degree programs at Purdue University Global helped the school earn the #5 place on this year’s ranking of Best Colleges for the Money in Indiana. Purdue University Global is a large public school situated in Indianapolis, Indiana.

Purdue University Global has the honor of being ranked #21 in Indiana for overall quality on top of being a good value. The average cost without aid for the school is $15,126 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $14,577 a year.

Read full value report on Purdue University Global

#6

Ball State University

Muncie, Indiana

Ball State University ranked #6 on this year’s Best Colleges for the Money in Indiana list. Ball State is a large public school situated in Muncie, Indiana.

Ball State University has the honor of being ranked #9 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $20,940 a year. The average cost without aid for the school is $20,786 per year for graduate students.

Learn More About Value at Ball State University

Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #7. IUPUI is located in Indianapolis, Indiana and has a large student population. It is a public school.

Indiana University - Purdue University - Indianapolis has the honor of being ranked #13 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $20,096 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $20,391 a year.

Learn More About Value at Indiana University - Purdue University - Indianapolis

#8

Vincennes University

Vincennes, Indiana

Vincennes University landed the #8 spot on the 2022 Best Colleges for the Money in Indiana ranking. Vincennes University is a fairly large public school situated in Vincennes, Indiana.

In addition to being included on this ranking as a good value, Vincennes University is ranked #25 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $16,841 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $10,590 a year.

Full Vincennes University Value Report

#9

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana ranked #9 on this year’s Best Colleges for the Money in Indiana list. USI is a public institution located in Evansville, Indiana.

University of Southern Indiana has the honor of being ranked #22 in Indiana for overall quality on top of being a good value. The average cost without aid for the school is $18,800 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $20,330 a year.

Learn More About Value at University of Southern Indiana

Indiana Wesleyan University - National & Global ranked #10 on this year’s Best Colleges for the Money in Indiana list. Located in Marion, Indiana, the school is a fairly large private not-for-profit institution.

Not only is Indiana Wesleyan University - National & Global a great value, but it is also ranked #11 in Indiana for overall quality. The average cost for undergraduates to attend the school if you don’t receive any aid is $22,775 a year. The average cost without aid for the school is $25,081 per year for graduate students.

Read full value report on Indiana Wesleyan University - National & Global

#11

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast landed the #11 spot on the 2022 Best Colleges for the Money in Indiana ranking. Indiana University - Southeast is a public institution located in New Albany, Indiana.

In addition to being included on this ranking as a good value, Indiana University - Southeast is ranked #30 for quality in the state of Indiana. The average cost without aid for the school is $18,097 a year for undergraduates. The average cost without aid for the school is $18,512 per year for graduate students.

Full Indiana University - Southeast Value Report

Indiana University - Northwest came in at #12 in this year’s edition of the Best Colleges for the Money in Indiana ranking. Gary, Indiana is the setting for this small institution of higher learning. It is a public school.

In addition to being included on this ranking as a good value, Indiana University - Northwest is ranked #36 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $15,755 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $16,170 a year.

Read full value report on Indiana University - Northwest

#13

Indiana University - Kokomo

Kokomo, Indiana

Indiana University - Kokomo did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #13. IU Kokomo is a small public school situated in Kokomo, Indiana.

Not only is Indiana University - Kokomo a great value, but it is also ranked #37 in Indiana for overall quality. The average cost without aid for the school is $15,755 a year for undergraduates. The average cost without aid for the school is $16,170 per year for graduate students.

Full Indiana University - Kokomo Value Report

#14

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend ranked #14 on this year’s Best Colleges for the Money in Indiana list. Indiana University - South Bend is a small public school located in South Bend, Indiana.

In addition to being included on this ranking as a good value, Indiana University - South Bend is ranked #34 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $16,673 a year. The average cost without aid for the school is $17,088 per year for graduate students.

Learn More About Value at Indiana University - South Bend

#15

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #15. PFW is a public institution located in Fort Wayne, Indiana.

In addition to being included on this ranking as a good value, Purdue University Fort Wayne is ranked #38 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $17,495 a year. The average cost without aid for the school is $15,223 per year for graduate students.

Learn More About Value at Purdue University Fort Wayne

#16

Indiana University - East

Richmond, Indiana

Indiana University - East did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #16. Indiana University - East is a small public school located in Richmond, Indiana.

Indiana University - East has the honor of being ranked #43 in Indiana for overall quality on top of being a good value. The average cost without aid for the school is $15,755 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $16,170 a year.

Full Indiana University - East Value Report

#17

Indiana State University

Terre Haute, Indiana

Indiana State University did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #17. Indiana State is located in Terre Haute, Indiana and has a fairly large student population. It is a public school.

Not only is Indiana State University a great value, but it is also ranked #32 in Indiana for overall quality. The average cost without aid for the school is $20,482 a year for undergraduates. The average cost to attend the school for graduate students if you don’t receive any aid is $18,964 a year.

Full Indiana State University Value Report

Trine University-Regional/Non-Traditional Campuses landed the #18 spot on the 2022 Best Colleges for the Money in Indiana ranking. Located in Fort Wayne, Indiana, the school is a small private not-for-profit institution.

Not only is Trine University-Regional/Non-Traditional Campuses a great value, but it is also ranked #41 in Indiana for overall quality. The average cost for undergraduates to attend the school if you don’t receive any aid is $19,076 a year. The average cost without aid for the school is $19,850 per year for graduate students.

Read full value report on Trine University-Regional/Non-Traditional Campuses

Grace College and Theological Seminary ranked #19 on this year’s Best Colleges for the Money in Indiana list. Located in Winona Lake, Indiana, the school is a small private not-for-profit institution.

In addition to being included on this ranking as a good value, Grace College and Theological Seminary is ranked #31 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $33,132 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $17,700 a year.

Learn More About Value at Grace College and Theological Seminary

#20

Huntington University

Huntington, Indiana

Huntington University did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #20. This small private not-for-profit school is located in Huntington, Indiana.

In addition to being included on this ranking as a good value, Huntington University is ranked #29 for quality in the state of Indiana. The average cost for undergraduates to attend the school if you don’t receive any aid is $35,734 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $20,096 a year.

Learn More About Value at Huntington University

#21

Oakland City University

Oakland City, Indiana

Oakland City University ranked #21 on this year’s Best Colleges for the Money in Indiana list. Located in Oakland City, Indiana, the school is a small private not-for-profit institution.

In addition to being included on this ranking as a good value, Oakland City University is ranked #39 for quality in the state of Indiana. The average cost without aid for the school is $35,390 a year for undergraduates. The average cost without aid for the school is $19,700 per year for graduate students.

Full Oakland City University Value Report

#22

Ancilla College

Donaldson, Indiana

With a ranking of #22, Ancilla College did quite well on the 2022 Best Colleges for the Money in Indiana list. Located in Donaldson, Indiana, the school is a small private not-for-profit institution.

Ancilla College has the honor of being ranked #45 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $29,170 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $9,850 a year.

Full Ancilla College Value Report

#23

Indiana Wesleyan University

Marion, Indiana

Indiana Wesleyan University did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #23. Marion, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.

Not only is Indiana Wesleyan University a great value, but it is also ranked #24 in Indiana for overall quality. The average cost for undergraduates to attend the school if you don’t receive any aid is $37,390 a year. The average cost without aid for the school is $22,718 per year for graduate students.

Full Indiana Wesleyan University Value Report

#24

Bethel University - Mishawaka

Mishawaka, Indiana

Bethel University - Mishawaka ranked #24 on this year’s Best Colleges for the Money in Indiana list. Bethel University is located in Mishawaka, Indiana and has a small student population. It is a private not-for-profit school.

In addition to being included on this ranking as a good value, Bethel University - Mishawaka is ranked #35 for quality in the state of Indiana. The average cost without aid for the school is $39,100 a year for undergraduates. The average cost without aid for the school is $18,580 per year for graduate students.

Learn More About Value at Bethel University - Mishawaka

#25

Indiana Institute of Technology

Fort Wayne, Indiana

Indiana Institute of Technology did quite well in the 2022 Best Colleges for the Money in Indiana ranking, coming in at #25. Indiana Tech is a small private not-for-profit school situated in Fort Wayne, Indiana.

Indiana Institute of Technology has the honor of being ranked #44 in Indiana for overall quality on top of being a good value. The average cost for undergraduates to attend the school if you don’t receive any aid is $38,416 a year. The average cost to attend the school for graduate students if you don’t receive any aid is $20,442 a year.

Full Indiana Institute of Technology Value Report

Best Value Schools (No Aid) in the Great Lakes Region

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Notes and References

Footnotes

*These averages are for the top 25 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).
  • 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%.

More about our data sources and methodologies.

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