2026 Best Value Divinity/Ministry Schools in Indiana
[Divinity/Ministry](/majors/theology-and-religious-vocations/theological-ministerial-studies/divinity-ministry/) degree programs vary widely in price and payoff across the country. A high-value program keeps cost low while graduates go on to earn well.
For its 2026 best-value ranking, College Factual looked at 15 schools to find the best return on investment for divinity/ministry students.
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2026 Best Value Divinity/Ministry Schools in Indiana
Below are the schools that deliver the strongest value in divinity/ministry, balancing cost against outcomes.
Best Value Divinity/Ministry Schools
Grace College And Theological Seminary tops our 2026 list of the best value divinity/ministry schools in Indiana. Located in the town of Winona Lake, Grace College And Theological Seminary is a mid-sized private not-for-profit university. Expect in-state tuition and fees of around $29,645. Typical student debt for divinity/ministry graduates is $21,211. Early-career divinity/ministry graduates make about $42,188. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 82%.
Anderson University Indiana is a great value for students pursuing a degree in divinity/ministry, landing the #2 spot this year. Anderson University Indiana is a small private not-for-profit school located in the city of Anderson. Students from in state pay about $37,240 in tuition and fees. Students borrow a median of $27,401 to complete the divinity/ministry program here. Early-career divinity/ministry graduates make about $41,376. Weighed against typical debt, the earnings make a compelling case for value. Roughly 79% of applicants are accepted.
Earlham College is a great value for students pursuing a degree in divinity/ministry, landing the #3 spot this year. Set in the town of Richmond, Earlham College is a small private not-for-profit institution. Expect in-state tuition and fees of around $53,930. Students borrow a median of $25,125 to complete the divinity/ministry program here. Divinity/ministry graduates of Earlham College earn a median of $43,038 early in their careers. That is a strong return on a $25,125 median debt. Roughly 73% of applicants are accepted.
A rank of #4 makes University Of Notre Dame one of the best values for divinity/ministry. Set in the suburb of Notre Dame, University Of Notre Dame is a large private not-for-profit institution. The average in-state cost of tuition and fees is $65,025. Students borrow a median of $19,000 to complete the divinity/ministry program here. Soon after graduation, divinity/ministry degree recipients from University Of Notre Dame generally make around $44,657. That is a strong return on a $19,000 median debt. The acceptance rate is 11%.
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Notes and References
This list is compiled 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 · 15 schools evaluated.
*Averages shown above reflect the top 4 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.
