Butler University
Indianapolis, IN 46208 — Private Nonprofit
Value Score: 85/100 | ROI Score: -59 | Affordability Score: 55/100
Tuition (In-State): $47,560 | Out-of-State: $47,560
Acceptance Rate: 85.1% | Graduation Rate: 80.3% | Retention Rate: 87.5%
Median Earnings (10yr): $77,235 | Median Debt: $26,000
SAT Average: 1274 | ACT Midpoint: 28
Student Body Size: 4,317 (medium)
Pell Grant Recipients: 15.0% | Federal Loan Rate: 42.7%
Average Faculty Salary: $9,694/month
Tuition & Affordability Analysis
In-state tuition at Butler University is $47,560 per year, which is 21% above the national average for private institutions.
Out-of-state students pay $47,560/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $190,240 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Butler University:
- Families earning $0–$30,000: $25,278/year
- Families earning $30,001–$48,000: $25,696/year
- Families earning $48,001–$75,000: $32,679/year
- Families earning $75,001–$110,000: $36,778/year
- Families earning $110,000+: $41,134/year
Low-income families receive an average discount of $22,282/year, paying just 53% of the sticker price.
Admissions Snapshot
Butler University has an acceptance rate of 85.1%, placing it in the Open Admission (85%+) category. This means roughly 1,269 students apply each year.
Butler University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
The average SAT score of admitted students is 1274, 20% above the national average. This reflects a strong academic student body.
The ACT midpoint is 28, 33% above the national average.
Graduate Outcomes & Return on Investment
80.3% of students at Butler University complete their degree, 29% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 87.5% (8% above the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Butler University earn a median salary of $77,235 ten years after enrollment, 89% above the national average. This represents a $42,235/year earnings premium over the average high school diploma holder, or $1,267,050 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $26,000, 21% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $282/month, with a total repayment of $33,840 (including $7,840 in interest).
Debt-to-Earnings Ratio: 0.34x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Butler University pays for itself in approximately 5 years. This is an excellent return on investment.
Financial Aid Profile
15.0% of students at Butler University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 54% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
42.7% of students take federal loans, 9% below the national average. This is a moderate borrowing rate.
Average faculty salary: $9,694/month, 11% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Butler University enrolls 4,317 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 40/100 (higher = more diverse). The student body is less diverse than average.
Student body composition: White 77%, Hispanic 7%, Black 5%, Asian 4%.
Butler University: Strong Academic Quality and High Earnings Potential
- Butler University: Your Launchpad to Midwestern Career Success
- Beyond the Degree: Unpacking Butler University's Post-Graduation Impact
- The Butler Experience: Value, Community, and Career Readiness in Indianapolis
Report Card: Overall Grade C-
Butler University receives an overall grade of C- based on six dimensions:
- Academics: C+
- Value: F
- Outcomes: B+
- Affordability: C-
College Analysis
Butler University is a Private Nonprofit institution in Indianapolis, IN with approximately 4,317 students. Butler University has a strong graduation rate and high median earnings, indicating good academic quality and career outcomes. The tuition cost is relatively high, but the median earnings after 10 years are significantly above the national average, suggesting a good return on investment. The university has a diverse student body, with a significant percentage of students from underrepresented racial groups, indicating a commitment to inclusivity.
The Verdict: Is Butler University Worth It?
Butler University presents a complex value proposition. With an out-of-state tuition of $47,560 and a median 10-year earning potential of $77,235, the initial investment is substantial. The median debt of $26,000 is manageable, but the ROI score of -59 suggests a longer-term payoff. To break even on tuition alone, assuming the median earnings are consistent over a career, it would take approximately 10-12 years, not accounting for living expenses or loan interest. However, the strong regional placement and the university's focus on career services and experiential learning can accelerate this timeline. For students who leverage these resources effectively and secure positions within high-demand fields in the Indianapolis area or other Midwestern hubs, the value can be significantly enhanced. It's not a 'hidden gem' in terms of immediate financial return, but for those seeking a well-rounded education with strong career support in a lower cost-of-living region, it can be a solid, albeit not spectacular, investment. Recommendation: A good, but not exceptional, value, particularly for students committed to the Midwest job market.
Return on Investment
Despite the high tuition, the positive ROI and high earnings potential make Butler University a worthwhile investment for students seeking a strong academic and career-oriented education.
Debt Reality Check
Median student debt at Butler University: $26,000. Monthly payment on a standard 10-year plan: $295/month. Total repaid: $35,400 ($9,400 in interest).
Breakeven vs high school diploma: 0.6 years. Debt burden: Low. Salary needed for comfortable repayment: $35,400.
Strengths
- Strong academic programs and high graduation rates.
- High median earnings and positive ROI.
- Diverse student body and strong community engagement.
Weaknesses
- Higher tuition costs compared to some peer institutions.
- Moderate affordability score, indicating higher costs for students.
Academic Profile
SAT Average: 1274. ACT Midpoint: 28. Retention Rate: 87.5%.
Butler University is recognized for its strong commitment to undergraduate education, with a particular emphasis on experiential learning and personalized attention. The College of Business, with its AACSB accreditation, is a standout, offering programs like Finance, Marketing, and Actuarial Science that consistently place graduates in competitive roles. The College of Education is also highly regarded, preparing educators for diverse roles in K-12 settings. For those interested in health sciences, Butler offers robust programs in Pharmacy, Health Sciences (including Pre-Physical Therapy and Pre-Occupational Therapy), and Physician Assistant Studies, leveraging its Indianapolis location near major healthcare systems. The College of Liberal Arts and Sciences provides a solid foundation across disciplines, with popular majors including English, Psychology, and Political Science. Research opportunities are abundant, with faculty actively involving undergraduates in their projects, often leading to presentations at conferences or co-authorship on publications. While specific faculty salary data isn't public, the university's commitment to a low student-faculty ratio (around 11:1) suggests a faculty that is accessible and dedicated to teaching. The University Honors Program offers a challenging curriculum and enriched experiences for high-achieving students, including priority registration and opportunities for independent study. Butler also strongly encourages study abroad, with numerous programs available worldwide, allowing students to broaden their perspectives. Academic support is robust, with the Center for Academic Success offering tutoring, academic coaching, and workshops to help students navigate their coursework.
Financial Aid Guide for Butler University
Pell Grant recipients: 15.0%. Students taking federal loans: 42.7%.
Butler University offers a comprehensive financial aid program designed to make its private education accessible. A significant portion of aid is merit-based, with incoming freshmen automatically considered for academic scholarships based on their application, including GPA and standardized test scores (though these are not currently required). These merit scholarships can range from a few thousand dollars to covering a substantial portion of tuition. Need-based aid is also a critical component, awarded based on the FAFSA and CSS Profile. For families with an Expected Family Contribution (EFC) of $0, Butler aims to meet a significant portion of demonstrated need through a combination of grants, scholarships, and federal loans. For example, a student from a lower-income household might receive a package including federal Pell Grants (up to $7,395 for 2023-2024), Butler grants, and potentially federal work-study opportunities. For middle-income families, merit scholarships often play a larger role in reducing the sticker price, potentially bringing the net cost down considerably. Work-study programs are available, offering students the chance to earn money through part-time campus jobs. While Butler doesn't explicitly state a policy on aid negotiation, demonstrating a competing offer from a similarly ranked institution or significant changes in financial circumstances can sometimes lead to a review of an aid package. It's crucial for prospective students to complete the FAFSA and CSS Profile by the priority deadlines (typically early March) to maximize their eligibility for all types of aid. Families should also explore external scholarships, as Butler encourages students to supplement their aid packages.
Hidden Costs at Butler University
- Room and board costs can add an estimated $15,000-$17,000 per academic year, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can range from $1,000 to $1,500 annually, with costs varying significantly by major and course.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $1,000-$1,500 per year.
- Transportation costs, including travel to and from campus, local transit, or potential car ownership expenses (parking permits are extra), can vary widely but budget at least $500-$1,000 annually.
- Personal expenses such as toiletries, laundry, entertainment, and snacks can easily add up to $1,500-$2,500 per year.
- Health insurance is required for all students; if not covered by a parent's plan, Butler's student health insurance plan costs approximately $2,500-$3,000 annually.
Alumni Outcomes & Career Paths
Butler University graduates are well-positioned for success, particularly within the Midwest. Major employers actively recruiting from Butler include prominent Indianapolis-based companies such as Eli Lilly and Company (pharmaceuticals/biotech), Anthem (now Elevance Health, health insurance), and Cummins (engine manufacturing). Beyond Indianapolis, alumni find opportunities in Chicago, IL, with firms like Deloitte (consulting) and JPMorgan Chase (finance), and in other Midwestern hubs. Industries where Butler alumni cluster include healthcare, finance, education, technology, and marketing. While specific graduate school placement rates vary by program, Butler has a strong track record of placing students into top-tier graduate and professional programs, including law schools and medical schools. Notable alumni include Kurt Vonnegut (author), David Letterman (television host), and numerous leaders in business and public service. Butler's career services are highly regarded, offering personalized coaching, resume workshops, and robust internship placement support. The university emphasizes experiential learning, fostering strong internship pipelines with companies like Salesforce (tech) and local hospitals such as Indiana University Health. Geographic hiring patterns show a strong concentration in Indiana, followed by Illinois, with a growing presence in other major metropolitan areas across the U.S.
Campus Life & Culture at Butler University
Butler University attracts a diverse student body primarily from Indiana and surrounding Midwestern states, though a growing number of students come from across the country. The university fosters an environment where students who are academically driven, community-oriented, and eager to engage in extracurricular activities tend to thrive. It's a place for students seeking a personalized college experience within a supportive, mid-sized university setting.
Butler University cultivates a vibrant, close-knit campus community often described as a 'home away from home.' Nestled in a beautiful, tree-lined residential neighborhood in Indianapolis, the campus itself is a picturesque blend of historic Collegiate Gothic architecture and modern facilities. The student body, while not massive at just over 4,000, is engaged and active. Social life often revolves around campus events, intramural sports, and the numerous student organizations – Butler boasts over 100 clubs and organizations, ranging from academic and service groups to special interest clubs like the Butler University Anime Club or the Butler University Drone Club. Greek life is present and active, with four fraternities and four sororities contributing to the social fabric, though it’s not the sole focus for many students. Athletics are a significant part of the Butler experience, particularly men's and women's basketball, which draws considerable campus and community attention, especially during March Madness when the Bulldogs are often contenders. Residence halls are a popular housing option for underclassmen, with options like Schwitzer Hall and Ross Hall offering different living-learning communities. Upperclassmen often move into apartments on or near campus, exploring neighborhoods like Broad Ripple, known for its eclectic shops and restaurants, or Meridian-Kessler for a more traditional residential feel. Dining services offer a variety of options, including the main Atherton Union cafeteria and smaller retail locations, with meal plans designed to accommodate different eating habits. The overall vibe is one of academic ambition coupled with a strong sense of community and school spirit, where students are encouraged to get involved and make the most of their Indianapolis location.
Campus Highlights
- The iconic Atherton Hall clock tower, a central landmark and meeting point.
- Hinkle Fieldhouse, a historic and legendary venue for Butler Bulldogs basketball.
- The Butler Arts & Events Center, offering professional performances and student productions.
- The beautiful, walkable campus situated in a desirable Indianapolis neighborhood.
- Strong emphasis on undergraduate research and experiential learning opportunities.
- The 'Bulldog Days' orientation program, fostering a strong sense of community from day one.
- Proximity to downtown Indianapolis, offering internships, cultural events, and entertainment.
Location & Regional Advantages
Butler University's location in Indianapolis, Indiana, offers significant geographic advantages for its students. Indianapolis boasts a diverse and growing job market, particularly strong in healthcare, life sciences, advanced manufacturing, and technology. Major employers like Eli Lilly, Roche Diagnostics, and Cummins have a substantial presence, providing ample internship and post-graduation employment opportunities. The cost of living in Indianapolis is notably lower than in many major coastal cities, making it an attractive place to start a career and build financial stability. While not a direct proximity to a major coastal industry hub, Indianapolis is centrally located within the Midwest, offering reasonable travel access to Chicago, a major national economic center. The city itself offers a high quality of life with a vibrant cultural scene, numerous parks, a growing culinary landscape, and professional sports teams. Safety is generally good, especially in the areas surrounding the university. This Midwestern location allows Butler graduates to tap into a robust regional economy without the intense competition and high cost of living found in larger, more saturated markets, fostering a strong foundation for early career success.
How to Get Into Butler University
Butler University employs a holistic review process, meaning they consider a wide range of factors beyond just grades and test scores. While the admission rate is relatively high at 85.1%, demonstrating a strong academic profile is still key. Aim for a GPA that reflects consistent effort and strong performance, ideally in the B+ to A- range. While SAT/ACT scores are not currently a requirement, if you choose to submit them, aim for scores that are at or above the midpoint of admitted students (historically, this would be in the 1100-1250 SAT range or 23-28 ACT range). The admissions committee values students who show genuine interest in Butler and its specific programs. Essays are a crucial component; focus on topics that showcase your personality, resilience, intellectual curiosity, and how you would contribute to the Butler community. Avoid generic prompts and instead tell a compelling story that is uniquely yours. Demonstrated interest is important; engage with the university by attending virtual or in-person information sessions, visiting campus (if possible), connecting with admissions counselors, and following Butler on social media. The application deadline for Early Action is typically November 1st, and Regular Decision is around February 1st. Applying Early Action can provide a slight advantage and allows you to receive your decision sooner, but it is not binding.
How Butler University Compares to Similar Schools
Similar schools: DePauw University, Wabash College, Rose-Hulman Institute of Technology, Marquette University
Advantages
- Stronger emphasis on liberal arts and pre-professional programs alongside business and sciences.
- Greater geographic concentration of alumni in the Indianapolis metro area, facilitating local networking.
- More robust internship placement support within the Indiana economic landscape.
- A more diverse student body and broader range of academic programs compared to some smaller, single-sex or highly specialized institutions.
Disadvantages
- Higher sticker price compared to some public university alternatives in Indiana.
- Less national brand recognition than some larger, more established private universities.
- Potentially fewer research-intensive opportunities compared to institutions with a stronger STEM focus.
Best For
- Students seeking a less expensive education may find better value at other institutions.
- Those looking for a more diverse campus with a higher percentage of minority students might consider other options.
Avoid If
- Students who prioritize affordability and lower tuition costs should avoid Butler University.
- Those who are concerned about student debt and prefer institutions with lower median debt should consider other options.
Frequently Asked Questions about Butler University
How much does it cost to attend Butler University?
In-state tuition at Butler University is $47,560 per year, and out-of-state tuition is $47,560 per year. The median student debt at graduation is $26,000.
What is the acceptance rate at Butler University?
Butler University has an acceptance rate of 85.1%.
What is the graduation rate at Butler University?
Butler University has a graduation rate of 80.3%.
How much do Butler University graduates earn?
The median earnings for Butler University graduates 10 years after enrollment is $77,235. With median debt of $26,000, graduates earn roughly 3.0x their debt level annually.
How big is Butler University?
Butler University has approximately 4,317 students and is classified as a medium institution. It is located in Indianapolis, IN and is a Private Nonprofit institution.
Is Butler University worth the cost?
Butler University has an ROI score of -59 out of 100. With in-state tuition of $47,560 per year and median post-graduation earnings of $77,235, the data suggests the return on investment may be below average.
Where is Butler University located?
Butler University is located in Indianapolis, IN. It is a Private Nonprofit institution with approximately 4,317 students.
How much student debt do Butler University graduates have?
The median student debt for Butler University graduates is $26,000. With median earnings of $77,235 ten years after enrollment, graduates can expect a debt-to-income ratio of 34%.
Is Butler University a good college?
Butler University has a graduation rate of 80.3% and median post-graduation earnings of $77,235. Graduation rate of 80.28% is above the national average for private institutions.
How does Butler University compare to similar colleges?
Median earnings 10 years after graduation are $77,235, well above the national average. Compared to peer institutions, Butler University offers a strong academic experience with high graduation rates and significant earnings potential, despite higher tuition costs.
What career prospects do Butler University graduates have?
Graduates of Butler University are well-positioned for successful careers in a variety of fields, with a strong network and high earning potential.
What should prospective students know about Butler University?
Butler University holds a strong position in the market, offering a blend of academic excellence and career readiness that is highly valued by employers.
What makes Butler University stand out?
Tuition is high, but the ROI is positive with a median debt of $26,000.
What are the pros and cons of attending Butler University?
Diverse student body with 76.81% white, 5.21% black, 7.37% Hispanic, and 4.05% Asian students.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.