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Thursday, November 21, 2024

Average cost of college education in Indiana rises for students in 2022-23 school year

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Average tuition fees rose 1.7% for college students in Indiana in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,461 on average to attend higher education courses at the time, $279 more than the previous school year.

Among the 94 institutions providing full disclosure in the state, the University of Notre Dame stood out with the highest tuition fees, reaching an average of $60,301. DePauw University followed with an average of $55,410 per year. Ivy Tech Community College students were offered the lowest annual tuition fees at $4,980.

Currently there are 96 higher education institutions in Indiana.

At the time, at least $632.3 million in grants or scholarships were awarded to full-time undergraduates who started college in Indiana. Additionally, federal student loans reached more than $182.6 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Of the 96 institutions in Indiana, two did not provide detailed data on tuition fees, including American College of Education and Indiana Wellness College.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Average Tuition Fees in Indiana Universities in 2022-23 School Year

InstitutionAverage Tuition FeesTotal Enrollment
University of Notre Dame$60,3018,971
DePauw University$55,4101,752
Rose-Hulman Institute of Technology$54,6022,169
Earlham College$50,058612
Saint Mary's College$49,9301,406
Wabash College$47,475835
Valparaiso University$44,7962,349
Butler University$44,4604,427
Hanover College$41,559951
University of Evansville$41,3361,717
Marian University$37,6002,633
Taylor University$37,4762,188
Goshen College$36,660717
Franklin College$36,136896
Manchester University$35,772942
University of Indianapolis$34,9723,715
Trine University$34,8903,819
Holy Cross College$34,800434
Lincoln College of Technology-Indianapolis$34,370889
Anderson University$34,0801,129
University of Saint Francis-Fort Wayne$34,0501,576
Saint Mary-of-the-Woods College$32,700815
Bethel University$32,0401,181
Indiana Wesleyan University-Marion$29,6842,236
Indiana Institute of Technology$29,5601,490
Grace College and Theological Seminary$29,0481,709
Huntington University$28,8301,229
Oakland City University$26,400699
Indiana University-Bloomington$23,94435,660
Calumet College of Saint Joseph$21,650563
Aveda Fredric's Institute-Indianapolis$20,550237
Saint Elizabeth School of Nursing$20,064144
Don Roberts School of Hair Design$20,00016
Chamberlain University-Indiana$19,629202
Denmark College$19,500176
Empire Beauty School-Speedway$19,260225
Purdue University-Main Campus$19,18438,593
Rogers Academy of Hair Design$18,85093
Paul Mitchell the School-Merrillville$18,15092
Mid-America College of Funeral Service$18,000352
The Salon Professional Academy-Evansville$17,900160
Kenny's Academy of Barbering$17,89069
Lil Lou's Beauty and Barber College$17,70038
Lil Lou's Beauty and Barber College-Hammond$17,70017
Tricoci University of Beauty Culture LLC-Bloomington$17,500107
PJ's College of Cosmetology-Clarksville$17,216215
PJ's College of Cosmetology-Richmond$17,21665
John Patrick University of Health and Applied Sciences$17,207158
Paul Mitchell the School-Indianapolis$17,085215
Ravenscroft Beauty College$16,850119
Textures Institute of Cosmetology$16,80026
Aviation Institute of Maintenance-Indianapolis$16,757156
Ideal Beauty Academy$16,6002
Ross Medical Education Center-Fort Wayne$16,29772
Ross Medical Education Center-Muncie$16,29743
Ross Medical Education Center-Kokomo$16,29755
Ross Medical Education Center-Granger$16,29790
Ross Medical Education Center-Lafayette$16,29757
Ross Medical Education Center-Evansville$16,29740
Summit Salon Academy-Kokomo$15,750124
Rudae's School of Beauty Culture-Ft Wayne$15,630115
International Business College-Indianapolis$15,280167
Summit Salon Academy$14,800138
Fortis College-Indianapolis$14,432279
Caris College$14,100153
Purdue University Global$13,92833,510
J Michael Harrold Beauty Academy$13,845116
Martin University$13,200161
Tricoci University of Beauty Culture-Indianapolis$13,184333
Tricoci University of Beauty Culture-Highland$13,184288
Tricoci University of Beauty Culture-Lafayette$13,184100
Vincennes Beauty College$12,25028
University of Southern Indiana$12,0357,355
Ball State University$12,02914,416
Christina and Company Education Center$12,00032
Indiana State University$11,8106,965
Indiana University-Purdue University-Indianapolis$11,74717,727
Indiana University-East$11,3152,786
Purdue University Fort Wayne$10,4278,390
Indiana University-Southeast$10,2353,227
Indiana Institute of Technology-College of Professional Studies$10,2242,604
College of Court Reporting Inc$10,080186
Horizon University$9,84041
Trine University-Regional/Non-Traditional Campuses$9,576470
Taylor Institute of Cosmetology II$9,20043
Purdue University Northwest$9,0838,176
Indiana University-South Bend$8,4813,753
Indiana University-Kokomo$8,3422,669
Indiana University-Northwest$8,2112,860
Vincennes University$8,13716,773
Indiana Wesleyan University-National & Global$8,1205,521
Veritas Baptist College$7,676138
Union Bible College$6,230102
Ivy Tech Community College$4,98089,705

ORGANIZATIONS IN THIS STORY

Indiana University-South BendMarian UniversityUniversity of Southern IndianaIndiana Wesleyan University-MarionTricoci University of Beauty Cuture LLC-BloomingtonPurdue University Fort WayneKenny's Academy of BarberingPaul Mitchell The School-IndianapolisFortis College-IndianapolisSaint Elizabeth School of NursingIdeal Beauty AcademyGoshen CollegeIndiana University - BloomingtonAmerican College of EducationVeritas Baptist CollegeTrine University-Regional/Non-Traditional CampusesEarlham CollegeCalumet College of St. JosephIndiana State UniversityDenmark CollegeIndiana University-KokomoFranklin CollegeTrine UniversitySaint Mary's College (indiana)Rogers Academy of Hair DesignDon Roberts School of Hair DesignIndiana Institute of Technology-College of Professional StudiesRadiological Technologies University VtJ Michael Harrold Beauty AcademyUnion Bible CollegeAveda Fredric's Institute-IndianapolisIndiana University And Purdue UniversityIndiana University-NorthwestPJ's College of Cosmetology-ClarksvilleHorizon UniversityTextures Institute of CosmetologyUniversity of EvansvilleSaint Mary-Of-The-Woods CollegeDepauw UniversityRudae's School of Beauty Culture-FT WayneRoss Medical Education Center-MuncieHuntington UniversityPurdue University GlobalEmpire Beauty School-SpeedwayChamberlain University-IndianaManchester UniversityThe Salon Professional Academy-EvansvilleIndiana Massage CollegeRoss Medical Education Center-KokomoIndiana University-SoutheastHoly Cross CollegeGrace College And Theological SeminaryTricoci University of Beauty Culture-IndianapolisKnox Beauty CollegeAnderson UniversityIndiana University-EastIndiana Wesleyan University-National & GlobalCollege of Court Reporting Inc.Tricoci University of Beauty Culture-LafayetteIvy Tech Community College-Central IndianaPJ's College of Cosmetology-RichmondSummit Salon Academy-AndersonHanover CollegeButler UniversityUniversity of Notre DameSummit Salon Academy-KokomoPurdue University-Main CampusRoss Medical Education Center-Fort WayneUniversity of Saint Francis Fort WayneLil Lou's Beauty and Barber College-HammondValparaiso UniversityBall State UniversityRavenscroft Beauty CollegeVincennes UniversityLil Lou's Beauty and Barber College LLCUniversity of IndianapolisAviation Institute of Maintenance IndianapolisRoss Medical Education Center-EvansvilleRoss Medical Education Center-GrangerIndiana Institute Of TechnologyCaris CollegeInternational Business College-IndianapolisVincennes Beauty CollegeBethel UniversityTricoci University Of Beauty Culture-HighlandLincoln College Of Technology-IndianapolisRoss Medical Education Center-LafayetteMartin UniversityWabash CollegePurdue University NorthwestTaylor UniversityChristina And Company Education CenterPaul Mitchell The School-MerrillvilleMid-America College Of Funeral ServiceRose-Hulman Institute Of Technology

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