Best colleges under $20,000 a year in Indiana
The highest-rated colleges whose average yearly price after grants is under $20,000.
Best colleges under $20,000 a year in Indiana9 schools
9 schools qualify, ranked by the Compass Score.
How this list is made
- Schools in Indiana.
- Accredited four-year undergraduate colleges.
- Academic Excellence grade B+ or better (the top 35% of rated colleges).
- Net price (average yearly cost after grants) under $20,000 from federal data (College Scorecard).
- Each school needs a complete Compass Score, so every row shows a rating.
- Ordered by Compass Score, highest first. Schools with the same score share a rank.
Updated Oct. 20, 2026. Methodology. Spot an error? Send a correction.
- 1
Purdue University
West Lafayette, IN · PublicHonor Roll#2 in Indiana
- Net price $14,600 a year
- 83% graduate
- 2
Indiana University-Bloomington
Bloomington, IN · Public#5 in Indiana
- Net price $16,264 a year
- 80% graduate
- 3
Valparaiso University
Valparaiso, IN · Private nonprofitTop 20% for graduation
- Net price $18,578 a year
- 70% graduate
- 4
Oakland City University
Oakland City, IN · Private nonprofitTop 24% for low debt
- Net price $15,210 a year
- 66% graduate
- 5
University of Evansville
Evansville, IN · Private nonprofit#14 in Indiana
- Net price $18,499 a year
- 64% graduate
- 6
- 7
Huntington University
Huntington, IN · Private nonprofit#19 in Indiana
- Net price $19,310 a year
- 64% graduate
- 8
Indiana University-Indianapolis
Indianapolis, IN · PublicTop 20% for low net price
- Net price $11,668 a year
- 54% graduate
- 9
Goshen College
Goshen, IN · Private nonprofitGood: Compass grade B
- Net price $14,493 a year
- 65% graduate
Compare cost and outcomes
| School | Net price a year | Median debt | Earnings 10 years out | Graduation rate |
|---|---|---|---|---|
| Purdue University | $14,600 | $19,500 | $72,424 | 83% |
| Indiana University-Bloomington | $16,264 | $19,509 | $63,742 | 80% |
| Valparaiso University | $18,578 | $26,942 | $63,191 | 70% |
| Oakland City University | $15,210 | $16,758 | $43,283 | 66% |
| University of Evansville | $18,499 | $24,606 | $53,770 | 64% |
| Ball State University | $14,940 | $23,250 | $51,833 | 62% |
| Huntington University | $19,310 | $25,576 | $46,672 | 64% |
| Indiana University-Indianapolis | $11,668 | $20,000 | $55,198 | 54% |
| Goshen College | $14,493 | $22,974 | $51,943 | 65% |
Net price is the average yearly cost after grants. Federal data (College Scorecard). “—” means the school reports no figure.