Indiana’s Most Affordable Colleges and Universities of 2021

Here are the most affordable colleges and universities in Indiana. Our list will help you find the right kind of school for you, at a price you can afford.

Indiana’s Most Affordable Colleges and Universities of 2021

Colleges and Universities in Indiana

Among Indiana’s schools are some well-known colleges and universities, including the University of Notre Dame, Purdue University, and Butler University. While tuition and student population vary greatly among these schools, each boasts a high graduation rate. The state’s largest public university, Indiana University Bloomington, also notes a high graduation rate for its roughly 40,000 students and offers tuition just above the national average at $11,000.

Find college admissions consultants in your state.

Additionally, students hoping to attend a school with a religious affiliation have nearly 30 options to choose from. Students at these schools can study areas like engineering, business, philosophy, religious studies, and law. Indiana offers loan forgiveness programs for health care workers who work in areas with labor shortages as well as for lawyers providing public legal aid. Additionally, graduates of Indiana University’s Maurer School of Law pursuing public interest law can apply for a special grant program that will help cover the cost of preparing and sitting for the bar exam.

With town names like Popcorn and Santa Claus, it is clear Indiana is no stranger to a good time. Along with these unique towns, Indiana also hosts the Indianapolis 500, a long-distance auto race; boasts a thriving art scene; and has been home to iconic celebrities, including Larry Bird, James Dean, and David Letterman. Students wanting to experience all Indiana has to offer while studying have the option of attending one of Indiana’s more than 50 higher education institutes.

Explore Indiana’s more than 50 colleges and universities to find a program and future career path that’s right for you.


What are Indiana’s Colleges & Universities?

Indiana’s Best Overall


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We’ve identified 16 affordable colleges and universities in Indiana with stated tuitions and fees below the national average of $16,000/year.

  1. It must be fully accredited.
  2. It must offer a broad range of bachelor’s degrees
  3. Its stated tuition and fees must be under $16,000/year.

How do we determine Indiana's most affordable colleges and universities?

The people affiliated with a school are ultimately what make it great. This is why, at the undergraduate level, we rank the best colleges and universities based on what we call “Concentrated Influence”. Concentrated Influence takes the combined influence score of a college or university’s top academic influencers (including faculty and alums) and divides it by the school’s total number of undergraduates.

Using concentrated influence gives small and mid-sized schools an opportunity to shine by taking away the size advantage of larger universities. A small school with proportionately more influential faculty than a large school, whose influence in absolute terms may be bigger, will nonetheless score higher in a concentrated influence ranking. Our approach highlights undergraduate schools that truly rank for excellence, regardless of size.

If you are serious about finding the best colleges and universities for a bachelor’s degree, you should be asking where the most influential professors are teaching and whether their graduates are themselves advancing the school’s reputation for academic excellence.

Most ranking sites rely on an opaque combination of reputation surveys and arbitrary performance metrics. Concentrated Influence provides a ranking that is free from bias, insulated from manipulation, and reflective of real-world educational outcomes.

Find out more about our ranking methodology here.

15 Most Affordable Colleges & Universities in Indiana

  1. #1

    Vincennes University

    #2081 institution's historical influence

    Tuition + fees

    $6K

    Graduation

    28%

    Student body

    8K

    Vincennes, IN

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    What is Vincennes University known for?

    Vincennes University’s faculty and alumni have been influential in:

    • Education
    • Business
    • History
    • Computer Science
    • Engineering
    • Law
    • Biology
    • Criminal Justice
    • Literature
    • Medical

    Most Influential Alumni

  2. #2

    Indiana University Kokomo

    #6251 institution's historical influence
    #1336 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    83%

    Graduation

    43%

    Student body

    3K

    Median SAT/ACT

    1050/20

    Kokomo, IN

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    What is Indiana University Kokomo known for?

    Indiana University Kokomo’s faculty and alumni have been influential in:

    • Political Science
    • Education
    • History
    • Medical
    • Business
    • Computer Science
    • Nursing
    • Criminal Justice
    • Chemistry
    • Communications

    Most Influential Alumni

  3. #3

    Indiana University South Bend

    #2616 institution's historical influence
    #1319 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    87%

    Graduation

    38%

    Student body

    4K

    Median SAT/ACT

    1040/20

    South Bend, IN

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    What is Indiana University South Bend known for?

    Indiana University South Bend’s faculty and alumni have been influential in:

    • Business
    • Education
    • Political Science
    • Medical
    • History
    • Computer Science
    • Chemistry
    • Biology
    • Mathematics
    • Psychology

    Most Influential Alumni

  4. #4

    Indiana University East

    #2547 institution's historical influence
    #1414 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    67%

    Graduation

    45%

    Student body

    3K

    Median SAT/ACT

    1035/20

    Richmond, IN

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    What is Indiana University East known for?

    Indiana University East’s faculty and alumni have been influential in:

    • Business
    • Education
    • Biology
    • Computer Science
    • Political Science
    • Social Work
    • History
    • Nursing
    • Literature
    • Mathematics

    Most Influential Alumni

  5. #5

    Indiana University Southeast

    #5767 institution's historical influence
    #1233 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    85%

    Graduation

    36%

    Student body

    4K

    Median SAT/ACT

    1035/20

    New Albany, IN

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    What is Indiana University Southeast known for?

    Indiana University Southeast’s faculty and alumni have been influential in:

    • Education
    • Business
    • History
    • Nursing
    • Medical
    • Political Science
    • Communications
    • Computer Science
    • Biology
    • Chemistry

    Most Influential Alumni

  6. #6

    Indiana University Northwest

    #5769 institution's historical influence
    #1351 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    82%

    Graduation

    32%

    Student body

    3K

    Median SAT/ACT

    1005/19

    Gary, IN

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    What is Indiana University Northwest known for?

    Indiana University Northwest’s faculty and alumni have been influential in:

    • Medical
    • Computer Science
    • Business
    • Education
    • Political Science
    • History
    • Nursing
    • Biology
    • Philosophy
    • Social Work

    Most Influential Alumni

  7. #7

    University of Southern Indiana

    #3168 institution's historical influence
    #1004 overall school desirability

    Tuition + fees

    $9K

    Acceptance

    94%

    Graduation

    53%

    Student body

    8K

    Median SAT/ACT

    1075/22

    Evansville, IN

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    What is University of Southern Indiana known for?

    University of Southern Indiana’s faculty and alumni have been influential in:

    • Education
    • Business
    • Engineering
    • Mathematics
    • History
    • Literature
    • Medical
    • Nursing
    • Computer Science
    • Political Science
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  8. #8

    Indiana State University

    #919 institution's historical influence
    #260 overall school desirability

    Tuition + fees

    $9K

    Acceptance

    92%

    Graduation

    41%

    Student body

    10K

    Terre Haute, IN

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    What is Indiana State University known for?

    Indiana State University’s faculty and alumni have been influential in:

    • Psychology
    • Education
    • Business
    • Biology
    • History
    • Political Science
    • Communications
    • Engineering
    • Literature
    • Medical

    Most Influential Alumni

  9. #9

    Indiana University–Purdue University Indianapolis

    #2542 institution's historical influence

    Tuition + fees

    $10K

    Acceptance

    79%

    Graduation

    52%

    Student body

    24K

    Median SAT/ACT

    1100/22

    Indianapolis, IN

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    What is Indiana University–Purdue University Indianapolis known for?

    Indiana University–Purdue University Indianapolis’s faculty and alumni have been influential in:

    • Medical
    • Biology
    • Political Science
    • Mathematics
    • Engineering
    • Nursing
    • Economics
    • Psychology
    • Business
    • Literature

    Most Influential Alumni

    REQUEST INFO
  10. #10

    Ball State University

    #698 institution's historical influence
    #1046 overall school desirability

    Tuition + fees

    $10K

    Acceptance

    87%

    Graduation

    67%

    Student body

    20K

    Muncie, IN

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    What is Ball State University known for?

    Ball State University’s faculty and alumni have been influential in:

    • Business
    • Education
    • Literature
    • Engineering
    • History
    • Political Science
    • Biology
    • Communications
    • Psychology
    • Medical

    Most Influential Alumni

  11. #11

    Purdue University

    #62 institution's historical influence
    #1204 overall school desirability

    Tuition + fees

    $10K

    Acceptance

    67%

    Graduation

    83%

    Student body

    43K

    Median SAT/ACT

    1315/28

    West Lafayette, IN

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    What is Purdue University known for?

    Purdue University’s faculty and alumni have been influential in:

    • Engineering
    • Computer Science
    • Mathematics
    • Business
    • Biology
    • Chemistry
    • Physics
    • Medical
    • Education
    • Literature

    Most Influential Alumni

  12. #12

    Indiana University Bloomington

    #56 institution's historical influence
    #875 overall school desirability

    Tuition + fees

    $11K

    Acceptance

    80%

    Graduation

    80%

    Student body

    41K

    Median SAT/ACT

    1255/27

    Bloomington, IN

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    What is Indiana University Bloomington known for?

    Indiana University Bloomington’s faculty and alumni have been influential in:

    • Biology
    • Business
    • Literature
    • Mathematics
    • Computer Science
    • Medical
    • Philosophy
    • Psychology
    • Education
    • Political Science

    Most Influential Alumni

  13. #13

    Martin University

    #4366 institution's historical influence

    Tuition + fees

    $13K

    Graduation

    10%

    Student body

    <1K

    Indianapolis, IN

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    What is Martin University known for?

    Martin University’s faculty and alumni have been influential in:

    • Education
    • Psychology
    • Medical
    • Social Work
    • Criminal Justice
    • Religious Studies
    • Sociology
    • Biology
    • Chemistry

    Most Influential Alumni

  14. #14

    International Business College

    #12771 institution's historical influence

    Acceptance

    74%

    Fort Wayne, IN

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    What is International Business College known for?

    Most Influential Alumni

  15. #15

    Purdue University Global

    #3138 institution's historical influence

    Tuition + fees

    $10K

    Graduation

    22%

    Student body

    46K

    West Lafayette, IN

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    What is Purdue University Global known for?

    Purdue University Global’s faculty and alumni have been influential in:

    • Education
    • Business
    • Law
    • Medical
    • Computer Science
    • Nursing
    • Political Science
    • Psychology
    • Social Work
    • Communications
  16. #16

    Calumet College of St. Joseph

    #9000 institution's historical influence

    Tuition + fees

    $21K

    Graduation

    28%

    Student body

    <1K

    Whiting, IN

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    What is Calumet College of St. Joseph known for?

    Calumet College of St. Joseph’s faculty and alumni have been influential in:

    • Business
    • Political Science
    • Medical
    • Education
    • Religious Studies
    • Biology
    • Psychology
    • Communications
    • Criminal Justice
    • Computer Science

    Most Influential Alumni

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Photo By: Vincennes University