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Most affordable private colleges in Indiana

35 private colleges in Indiana report net price data, ranging from $8,872 at the lowest to higher costs at more selective schools. The median net price across these is $22,148. Indiana's private colleges run a bit higher than the national average for the kind. The list below shows the most affordable options, ranked by net price.

Median net price in Indiana

$22,148

National median for private colleges

$15,832

private colleges reporting in Indiana

35

The most affordable private colleges in Indiana, ranked by net price

1

Union Bible College

IN

Net price

$8,872

Receive grant aid

68%

2

Oakland City University

IN

Net price

$12,268

Receive grant aid

88%

3

Martin University

IN

Net price

$13,879

Receive grant aid

100%

4

Indiana Wesleyan University-National & Global

IN

Net price

$16,162

Receive grant aid

75%

5

Goshen College

IN

Net price

$17,040

Receive grant aid

98%

6

Veritas Baptist College

IN

Net price

$17,043

Receive grant aid

60%

7

Net price

$17,377

Receive grant aid

99%

8

Saint Mary-of-the-Woods College

IN

Net price

$18,470

Receive grant aid

100%

9

Indiana Institute of Technology-College of Professional Studies

IN

Net price

$18,950

Receive grant aid

90%

10

Manchester University

IN

Net price

$19,367

Receive grant aid

100%

11

University of Indianapolis

IN

Net price

$19,903

Receive grant aid

100%

12

Net price

$20,058

Receive grant aid

96%

13

University of Saint Francis-Fort Wayne

IN

Net price

$20,897

Receive grant aid

99%

14

Huntington University

IN

Net price

$21,149

Receive grant aid

97%

15

University of Evansville

IN

Net price

$21,611

Receive grant aid

100%

16

Grace College and Theological Seminary

IN

Net price

$21,680

Receive grant aid

96%

17

Net price

$21,914

Receive grant aid

100%

18

Indiana Institute of Technology

IN

Net price

$22,148

Receive grant aid

100%

19

Hanover College

IN

Net price

$22,929

Receive grant aid

100%

20

Valparaiso University

IN

Net price

$23,168

Receive grant aid

99%

21

Marian University

IN

Net price

$23,225

Receive grant aid

98%

22

Indiana Wesleyan University-Marion

IN

Net price

$23,364

Receive grant aid

100%

23

Franklin College

IN

Net price

$23,843

Receive grant aid

100%

24

Mid-America College of Funeral Service

IN

Net price

$23,905

Receive grant aid

69%

25

Wabash College

IN

Net price

$23,913

Receive grant aid

100%

What makes a school affordable here

In Indiana, the most affordable private colleges share two things in common. First, low published net prices reflect both reasonable sticker prices and meaningful institutional or state aid. Second, a high share of students receive grant aid. At Union Bible College, the most affordable on this list, 68% of students receive grant aid. Net price reflects what a typical family actually pays, not the sticker price you see at first glance. A school with a $50,000 sticker price and a $10,000 net price is more affordable for most families than a school with a $20,000 sticker and a $19,000 net price.

Affordable colleges in Indiana, other types

Affordable private colleges in other states

Find your personalized cost

National rankings use publicly available federal cost data. Plug in your actual aid offer and family situation for a Worth-It Score that reflects your specific picture.

Affordability rankings use publicly available federal higher-ed cost data. Net price reflects the average cost a family pays after grants and scholarships are subtracted from total cost of attendance, for the 2022-23 reporting year. See full methodology →