Indianapolis, the vibrant capital of Indiana, is home to a diverse array of educational institutions. Whether you’re considering a degree from a midsize college or a prestigious university like Purdue, there are many affordable options available. In this comprehensive guide, we explore the Top 17 Colleges in Indianapolis—including both online and on-campus options—highlighting their programs, tuition, and unique features.
Why Choose Indianapolis for Your Education?
Indianapolis boasts a rich academic landscape with numerous accredited colleges and universities that cater to various fields of study. Whether you are looking for undergraduate or graduate programs, the city provides excellent opportunities without breaking the bank. Before selecting a college, it’s essential to consider factors such as accreditation, graduation rates, student-to-faculty ratios, and the mode of study—especially when exploring online education.
Ranking Methodology
To identify the cheapest colleges in Indianapolis, we evaluated several key factors:
- Tuition Fees: The primary indicator of affordability.
- Graduation Rate: A higher rate suggests better support and student success.
- Accreditation Status: Ensures the quality and recognition of your degree.
- Student-to-Faculty Ratio: Lower ratios typically allow for more personalized attention from faculty.
- Mode of Study: Online programs often have lower costs than on-campus programs.
By assessing these elements, we compiled a list of institutions that not only offer low tuition but also provide valuable educational experiences.
See: 13+ Top Online Colleges in New Mexico for International Students
Online Colleges in Indianapolis
The demand for online education continues to rise, leading many traditional institutions to expand their offerings. Below are the top ten cheapest online colleges in Indiana, based on tuition and other relevant factors:
- Indiana University East: $224.22 per credit hour
- Purdue University: $329.05 per credit hour
- Ball State University: $414 per credit hour
- Indiana University: $445 per credit hour
- Saint Mary-of-the-Woods College: $496 per credit hour
- Indiana Wesleyan University: $887 per credit hour
- The University of Indianapolis: $994.80 per credit hour
- Indiana State University: $592 per credit hour
- Marian University: $1,458 per credit hour
- Butler University: $580 per credit hour
List of the 17 Cheapest Colleges in Indianapolis
Here’s a closer look at the 17 cheapest colleges in Indianapolis:
1. Indiana University East
Located in Richmond, Indiana,
IU East offers over 60 academic programs with a student-to-faculty ratio of 14:1. The school boasts a graduation rate of 36%, with in-state tuition at $7,344 and out-of-state tuition at $19,400.
Visit IU East
2. Indiana University Southeast
Situated in New Albany, this regional campus serves more than 7,100 students. It offers various undergraduate degrees with a 14:1 student-to-faculty ratio and a graduation rate of 32%. Tuition mirrors that of IU East.
Visit IU Southeast
3. Indiana University Kokomo
This campus in Kokomo provides one-on-one support for its 4,100 students, with a 16:1 student-to-faculty ratio and a graduation rate of 39%. Tuition is consistent with other Indiana University campuses.
Visit IU Kokomo
4. Indiana University South Bend
As Indiana University’s third-largest campus, IU South Bend serves around 5,200 students with a 13:1 student-to-faculty ratio and a graduation rate of 29%. Tuition is competitive at $7,344 in-state and $19,400 out-of-state.
Visit IU South Bend
5. Indiana University Northwest
Located in Gary, Indiana, IU Northwest offers over 70 degree programs, maintaining a student-to-faculty ratio of 14:1 and a graduation rate of 28%. Tuition is $7,344 for in-state students.
Visit IU Northwest
6. Purdue University
Purdue, a public research university in West Lafayette, serves approximately 41,500 students. It has a graduation rate of 78% and a 13:1 student-to-faculty ratio, with tuition set at $9,992 in-state.
Visit Purdue University
7. Ball State University
This coeducational research university in Muncie offers over 175 degrees and has a graduation rate of 62%. The tuition for in-state students is $9,896.
Visit Ball State University
8. Indiana State University
Located in Terre Haute, ISU has a graduation rate of 39% and offers 100 undergraduate majors. Tuition is $9,090 for in-state students.
Visit Indiana State University
9. Indiana University-Purdue University Indianapolis (IUPUI)
A merger of Indiana University and Purdue, IUPUI serves over 28,700 students with a graduation rate of 45%. Tuition for in-state students is $9,465.
Visit IUPUI
10. Indiana University Bloomington
The largest campus in the Indiana University System, IU Bloomington offers over 550 academic programs with a graduation rate of 77%. In-state tuition is $10,680.
Visit IU Bloomington
Top Industries, Careers, and Employers in Indianapolis
Studying in Indianapolis can lead to promising career opportunities, especially given the city’s growth as a financial, commercial, and industrial center. Key industries include:
- Life Sciences
- Transportation, Distribution & Logistics
- Advanced Manufacturing
- Clean-Tech Energy
- Information Technology
- Motor Sports
High-growth occupations in healthcare, arts, entertainment, and professional services further enhance the city’s appeal. Major employers like Barnes & Thornburg, LLP, FedEx, and Decatur County Memorial Hospital offer job opportunities for graduates.
See: 15 Best Online Colleges in Iowa for International Students
Conclusion
Indianapolis is a fantastic location for affordable higher education. This guide has highlighted 17 of the cheapest colleges in the area, along with essential factors to consider when making your choice. With a rich educational landscape, students can find quality programs that fit their financial needs. Start your journey today, and find the right college to achieve your academic and career goals!
