Indianapolis, Indiana (IN) Colleges and Universities

Jul 25, 2020

As the state capital and the largest city in Indiana, Indianapolis is home to several 2-year and 4-year colleges and universities. We look at the area's traditional schools using statistics from the National Center for Education Statistics (NCES) to compare them and help students make the right choice for them.

Closest Schools to Indianapolis, Indiana

For students wanting to attend school near downtown Indianapolis, there are primarily 4-year schools to choose from. A few of these nearby schools offer undergraduate and graduate degree programs.

  • Martin University (2.2 miles from downtown)
  • Indiana University-Purdue University-Indianapolis (2.8 miles from downtown)
  • ITT Technical Institute-Indianapolis East (3.5 miles from downtown)

Largest Schools Near Indianapolis, Indiana

Indianapolis offers several schools with more than 1,000 students for those wishing to attend larger institutions. The two largest schools are public institutions, followed by several bigger private schools.

  • Ivy Tech Community College (72,006 students)
  • Indiana University-Purdue University-Indianapolis (29,579 students)
  • University of Indianapolis (5,935 students)
  • Butler University (5,495 students)

Lowest Net Price

The average net price for a postsecondary institution is reported by the NCES. This figure is calculated by taking the total cost of attendance and then subtracting the average amount of financial aid - including institutional and federal grants and scholarships - received by full-time undergraduate students. The lowest net price for the top schools in the area ranged from about $6,500-$20,500 in 2018-2019.

  • Ivy Tech Community College ($6,556)
  • Indiana University-Purdue University-Indianapolis ($9,807)
  • Martin University ($14,998)
  • Marian University ($20,572)

Highest Graduation Rates

Several of the Indianapolis area's 4-year schools report overall graduation rates above 40%, as reported by NCES for 2018. This figure represents the percentage of full-time undergraduates who successfully completed their bachelor's degrees within six years, or 150% of 'normal time.'

  • Butler University (82% graduation rate)
  • Franklin College (65% graduation rate)
  • Marian University (63% graduation rate)
  • University of Indianapolis (60% graduation rate)
  • Indiana University-Purdue University-Indianapolis (50% graduation rate)

The Indianapolis, IN, area offers a unique mix of 2-year and 4-year public and private institutions that give students an array of options in school proximity to downtown, student population size, net price, and graduation rates.

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