Cheapest Colleges in Indiana
Sticker prices at the 39 four-year colleges we rank in Indiana run from $8,424 to $65,025 a year in tuition and fees, a gap of $56,601 between the cheapest school and the most expensive one.
The 12 public colleges here charge a median of $9,104 a year, $837 (8%) below the national public median of $9,940. The 27 private nonprofit colleges on the list charge a median of $38,710, under the $39,582 national private median. Sticker price alone rarely settles the cheapest private option, so check the net price column.
Indiana University-South Bend and Indiana University-Southeast share first place at $8,424, with Indiana University-Northwest next at $8,424.
How this list is built
A college appears here only if it meets every condition below.
- Colleges considered
- 4-year colleges whose main award is the bachelor's degree (public, private nonprofit and for-profit)
- Ranked by in-state tuition & fees, lowest first. Ties are broken by larger undergraduate enrollment, then by name.
- Main campuses only, with at least 60% of core data fields reported
- Main campus located in Indiana
- At least 500 undergraduate students enrolled (fall 2024)
- A reported in-state tuition & fees value (schools without one are not ranked)
- Schools that report no tuition or a $0 price are not ranked
- This page is published only when at least 15 schools qualify; Indiana has 39
- Data period
- In-state tuition and fees: full-time undergraduate sticker price, academic year 2024-25. Some community colleges report the in-district rate.
- Out-of-state tuition and fees: academic year 2024-25. Shown for public colleges only, because private colleges charge everyone the same price.
- Net price: average for students receiving aid, academic year 2023-24.
- Graduation rate: first-time, full-time students who started in fall 2018 (4-year) or fall 2021 (2-year), finishing within 150% of normal time.
- Enrollment: undergraduate students, fall 2024.
- Source: U.S. Department of Education College Scorecard, June 2026 release.
Showing all 39 qualifying schools. Select a column heading to re-sort the table.
| 1 | Indiana University-South Bend South Bend, IN Public · 4-year | $8,424 | $22,811 | $8,653 | 38% | 3,933 |
| 2 | Indiana University-Southeast New Albany, IN Public · 4-year | $8,424 | $22,811 | $7,888 | 36% | 3,170 |
| 3 | Indiana University-Northwest Gary, IN Public · 4-year | $8,424 | $22,811 | $5,130 | 37% | 2,661 |
| 4 | Indiana University-East Richmond, IN Public · 4-year | $8,424 | $22,811 | $8,134 | 42% | 2,589 |
| 5 | Indiana University-Kokomo Kokomo, IN Public · 4-year | $8,424 | $22,811 | $3,968 | 45% | 2,352 |
| 6 | Purdue University Northwest Hammond, IN Public · 4-year | $8,675 | $16,094 | $6,079 | 43% | 5,671 |
| 7 | Purdue University Fort Wayne Fort Wayne, IN Public · 4-year | $9,532 | $22,887 | $13,171 | 34% | 5,484 |
| 8 | Purdue University-Main Campus West Lafayette, IN Public · 4-year | $9,992 | $28,794 | $14,600 | 83% | 44,503 |
| 9 | Indiana State University Terre Haute, IN Public · 4-year | $10,258 | $22,322 | $10,873 | 42% | 6,188 |
| 10 | Indiana University-Indianapolis Indianapolis, IN Public · 4-year | $10,762 | $34,891 | $11,668 | 54% | 13,830 |
| 11 | Ball State University Muncie, IN Public · 4-year | $11,082 | $29,630 | $14,940 | 63% | 13,988 |
| 12 | Indiana University-Bloomington Bloomington, IN Public · 4-year | $12,144 | $41,891 | $16,264 | 81% | 37,806 |
| 13 | Calumet College of Saint Joseph Whiting, IN Private nonprofit · 4-year | $23,850 | — | $22,451 | 26% | 529 |
| 14 | Grace College and Theological Seminary Winona Lake, IN Private nonprofit · 4-year | $31,200 | — | $19,932 | 69% | 1,464 |
| 15 | Indiana Institute of Technology Fort Wayne, IN Private nonprofit · 4-year | $31,361 | — | $23,206 | 38% | 1,441 |
| 16 | Huntington University Huntington, IN Private nonprofit · 4-year | $31,870 | — | $19,310 | 66% | 1,082 |
| 17 | Indiana Wesleyan University-Marion Marion, IN Private nonprofit · 4-year | $32,352 | — | $22,866 | 67% | 1,974 |
| 18 | Bethel University (IN) Mishawaka, IN Private nonprofit · 4-year | $34,600 | — | $18,610 | 55% | 1,008 |
| 19 | Saint Mary-of-the-Woods College Saint Mary of the Woods, IN Private nonprofit · 4-year | $35,270 | — | $31,872 | 49% | 853 |
| 20 | University of Saint Francis-Fort Wayne Fort Wayne, IN Private nonprofit · 4-year | $36,460 | — | $18,196 | 58% | 1,567 |
| 21 | Trine University Angola, IN Private nonprofit · 4-year | $36,560 | — | $25,355 | 66% | 2,324 |
| 22 | Holy Cross College Notre Dame, IN Private nonprofit · 4-year | $36,600 | — | $26,728 | 50% | 639 |
| 23 | Manchester University North Manchester, IN Private nonprofit · 4-year | $37,135 | — | $18,805 | 45% | 936 |
| 24 | University of Indianapolis Indianapolis, IN Private nonprofit · 4-year | $37,200 | — | $21,602 | 56% | 3,005 |
| 25 | Anderson University (IN) Anderson, IN Private nonprofit · 4-year | $37,240 | — | $25,021 | 52% | 1,057 |
| 26 | Franklin College Franklin, IN Private nonprofit · 4-year | $38,710 | — | $22,855 | 62% | 900 |
| 27 | Goshen College Goshen, IN Private nonprofit · 4-year | $38,890 | — | $14,493 | 63% | 773 |
| 28 | Taylor University Upland, IN Private nonprofit · 4-year | $40,490 | — | $24,865 | 75% | 2,025 |
| 29 | Marian University (IN) Indianapolis, IN Private nonprofit · 4-year | $40,664 | — | $24,018 | 64% | 2,266 |
| 30 | University of Evansville Evansville, IN Private nonprofit · 4-year | $44,172 | — | $18,499 | 68% | 1,539 |
| 31 | Hanover College Hanover, IN Private nonprofit · 4-year | $44,638 | — | $21,829 | 65% | 1,031 |
| 32 | Butler University Indianapolis, IN Private nonprofit · 4-year | $47,560 | — | $36,041 | 80% | 4,317 |
| 33 | Valparaiso University Valparaiso, IN Private nonprofit · 4-year | $48,450 | — | $18,578 | 69% | 2,083 |
| 34 | Wabash College Crawfordsville, IN Private nonprofit · 4-year | $50,800 | — | $24,336 | 77% | 866 |
| 35 | Saint Mary's College Notre Dame, IN Private nonprofit · 4-year | $53,230 | — | $25,292 | 73% | 1,458 |
| 36 | Earlham College Richmond, IN Private nonprofit · 4-year | $53,930 | — | $24,714 | 68% | 670 |
| 37 | Rose-Hulman Institute of Technology Terre Haute, IN Private nonprofit · 4-year | $58,649 | — | $42,513 | 80% | 2,309 |
| 38 | DePauw University Greencastle, IN Private nonprofit · 4-year | $59,070 | — | $22,264 | 77% | 1,905 |
| 39 | University of Notre Dame Notre Dame, IN Private nonprofit · 4-year | $65,025 | — | $26,780 | 96% | 8,818 |
How to compare these colleges
Start with the net price column rather than the sticker price. Net price is the average a student who receives aid pays after grants and scholarships, so a school that ranks lower here can still be the cheaper choice for your family. The out-of-state column applies only if you are not a legal resident of Indiana, and only public colleges charge a separate rate.
Guides worth reading first
More lists for Indiana
Best value colleges in Indiana
33 schools
Highest graduate earnings in Indiana
39 schools
Most affordable private colleges in Indiana
27 schools
Same list in nearby states
Cheapest colleges in Ohio
56 schools
Cheapest colleges in Illinois
50 schools
Cheapest colleges in Michigan
38 schools
All 51 colleges in Indiana See the national version of this ranking