2026 Best Value Actuarial Science Schools in Indiana

[Actuarial Science](/majors/business-management-marketing-sales/management-science-quantitative-methods/actuarial-science/) is a field worth comparing on the balance of cost and outcomes. The schools below stand out for delivering a strong actuarial science education at a price that pays off.
For its 2026 best-value ranking, College Factual looked at 13 schools to find the best return on investment for actuarial science students.
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2026 Best Value Actuarial Science Schools in Indiana
Below are the schools that deliver the strongest value in actuarial science, balancing cost against outcomes.
Best Value Actuarial Science Schools
For return on investment in actuarial science, no school beat Purdue University Main Campus this year. Purdue University Main Campus is a very large public school located in the city of West Lafayette. The average in-state cost of tuition and fees is $9,992, compared with $28,794 for out-of-state students. Typical student debt for actuarial science graduates is $18,284. Early-career actuarial science graduates make about $70,903. Set against $18,284 in median debt, that is a healthy payoff. Purdue University Main Campus admits about 50% of applicants.
The strong cost-to-outcome balance at Ball State University earned it the #2 place for actuarial science. Set in the city of Muncie, Ball State University is a very large public institution. The average in-state cost of tuition and fees is $11,082, compared with $29,630 for out-of-state students. Typical student debt for actuarial science graduates is $16,654. Actuarial Science graduates of Ball State University earn a median of $67,350 early in their careers. That is a strong return on a $16,654 median debt. Roughly 86% of applicants are accepted.
University Of Indianapolis is a great value for students pursuing a degree in actuarial science, landing the #3 spot this year. Set in the city of Indianapolis, University Of Indianapolis is a moderately-sized private not-for-profit institution. Students from in state pay about $37,200 in tuition and fees. Actuarial Science graduates carry a median of $26,699 in student loans. Actuarial Science graduates of University Of Indianapolis earn a median of $52,298 early in their careers. Set against $26,699 in median debt, that is a healthy payoff. The acceptance rate is 66%.
A rank of #4 makes Valparaiso University one of the best values for actuarial science. Located in the suburb of Valparaiso, Valparaiso University is a mid-sized private not-for-profit university. Expect in-state tuition and fees of around $48,450. Typical student debt for actuarial science graduates is $26,724. Actuarial Science graduates of Valparaiso University earn a median of $67,129 early in their careers. Set against $26,724 in median debt, that is a healthy payoff. The acceptance rate is 89%.
The strong cost-to-outcome balance at Butler University earned it the #5 place for actuarial science. Set in the city of Indianapolis, Butler University is a moderately-sized private not-for-profit institution. Expect in-state tuition and fees of around $47,560. Students borrow a median of $25,351 to complete the actuarial science program here. Actuarial Science graduates of Butler University earn a median of $68,222 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Butler University admits about 85% of applicants.
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2026 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 13 schools evaluated.
*Averages shown above reflect the top 3 ranked schools only.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE), serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
More about our data sources and methodologies.