Martin University
Indianapolis, IN 46218-0567 — Private Nonprofit
Value Score: 45/100 | ROI Score: -57 | Affordability Score: 55/100
Tuition (In-State): $13,200 | Out-of-State: $13,200
Graduation Rate: 24.4% | Retention Rate: 42.9%
Median Earnings (10yr): $22,544 | Median Debt: $42,002
Student Body Size: 150 (small)
Pell Grant Recipients: 52.5% | Federal Loan Rate: 51.4%
Average Faculty Salary: $5,315/month
Tuition & Affordability Analysis
In-state tuition at Martin University is $13,200 per year, which is 66% below the national average for private institutions.
Out-of-state students pay $13,200/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: $52,800 (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 Martin University:
- Families earning $0–$30,000: $17,905/year
- Families earning $48,001–$75,000: $14,412/year
- Families earning $75,001–$110,000: $22,652/year
Graduate Outcomes & Return on Investment
24.4% of students at Martin University complete their degree, 61% below the national average. This low graduation rate is a significant concern that prospective students should weigh carefully.
First-year retention rate: 42.9% (47% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Martin University earn a median salary of $22,544 ten years after enrollment, 45% below the national average.
The median student debt at graduation is $42,002, 95% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $456/month, with a total repayment of $54,720 (including $12,718 in interest).
Debt-to-Earnings Ratio: 1.86x. This is a concerning ratio. Graduates may struggle with loan repayment. Consider financial aid options carefully.
Financial Aid Profile
52.5% of students at Martin University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 59% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.
51.4% of students take federal loans, 9% above the national average. This is a moderate borrowing rate.
Average faculty salary: $5,315/month, 39% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Martin University enrolls 150 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 27/100 (higher = more diverse). The student body is less diverse than average.
Student body composition: White 4%, Hispanic 1%, Black 85%, Asian 1%.
Martin University: Low Graduation and Earnings Rates, High Debt
- Martin University: A Community-Focused Education, But What's the Real Cost?
- Beyond the Numbers: Exploring Local Impact and Career Paths for Martin University Graduates
- Intimate Learning, Local Roots: The Martin University Experience in Indianapolis
Report Card: Overall Grade D
Martin University receives an overall grade of D based on six dimensions:
- Academics: D
- Value: F
- Outcomes: F
- Affordability: A+
College Analysis
Martin University is a Private Nonprofit institution in Indianapolis, IN with approximately 150 students. Academics: Martin University has a low graduation rate, indicating potential challenges in academic success. Value: The high median debt and low ROI score suggest that the university may not be providing good value for its students. Outcomes: Graduates face low median earnings, which may limit their career prospects.
The Verdict: Is Martin University Worth It?
From a purely financial return on investment perspective, Martin University is **overpriced**. With an in-state and out-of-state tuition of $13,200 per year, a median debt of $42,002, and median earnings of just $22,544 ten years after graduation, the numbers paint a stark picture. The ROI Score of -57 definitively indicates a negative financial return for the average graduate. To put this into perspective, the median debt accumulated is nearly double the median annual earnings. This means that, even before accounting for living expenses, taxes, or interest, it would take almost two full years of gross income just to pay off the principal student loan debt. This is an extremely challenging financial burden for graduates. While Martin University undoubtedly offers a valuable mission-driven education and a supportive community environment, prospective students must be acutely aware of the significant financial implications. It is not a good deal if your primary goal is a strong financial return or rapid debt repayment. Students considering Martin University should pursue every possible grant and scholarship opportunity to minimize debt. Without substantial financial aid, the cost-to-earnings ratio makes it a financially risky investment. A clear recommendation: **Proceed with extreme caution and only if you can secure significant financial aid that drastically reduces your out-of-pocket costs and subsequent debt.**
Return on Investment
The degree from Martin University may not be worth the cost given the high median debt and low earnings potential.
Debt Reality Check
Median student debt at Martin University: $42,002. Monthly payment on a standard 10-year plan: $477/month. Total repaid: $57,240 ($15,238 in interest).
Strengths
- Strong local presence in Indianapolis.
- Diverse student body with a high percentage of black students.
Weaknesses
- Low graduation and retention rates.
- High median debt and low ROI.
Academic Profile
Retention Rate: 42.9%.
Academically, Martin University is laser-focused on providing accessible, high-quality education that directly translates to career readiness and community impact. Given its mission and student demographic, the academic strengths lie in practical, career-oriented programs designed to serve adult learners and those seeking to enhance their professional skills or transition into new fields. While specific departmental names might evolve, core strengths typically include Business Administration, Education, Criminal Justice, and Social Work, all framed within a context of social justice and community engagement. The university also offers strong foundational programs in Liberal Arts, ensuring a well-rounded educational experience.
Research opportunities at Martin are not typically found in large-scale, grant-funded labs. Instead, they are often integrated into capstone projects, community-based research initiatives, and applied learning experiences within specific programs. Students might engage in projects that address local community needs, conduct policy analysis, or develop business plans with real-world applications. This practical approach ensures that academic work is directly relevant and impactful.
Faculty quality at Martin is characterized by dedication, mentorship, and real-world experience. While specific salary data isn't available, the value of Martin's faculty comes from their commitment to student success, their ability to connect academic theory with practical application, and their personalized approach to teaching. With a small student body, the student-faculty ratio is inherently low, fostering an environment where students receive significant individual attention and support. There isn't a traditional 'honors program' in the sense of a separate track, but high-achieving students are often recognized and given opportunities for advanced study or leadership within their programs.
Academic support resources are robust and central to Martin's mission. These include comprehensive tutoring services, writing centers, academic advising tailored to adult learners, and career development assistance. Given the diverse backgrounds of its students, these support systems are crucial for ensuring retention and graduation. Study abroad programs are not a primary focus for a university of this size and mission; instead, the 'global' perspective is often integrated into coursework through diverse readings, discussions, and community engagement within Indianapolis's multicultural landscape.
Financial Aid Guide for Martin University
Pell Grant recipients: 52.5%. Students taking federal loans: 51.4%.
Navigating financial aid at Martin University is crucial, especially given the median debt of $42,002 against a median 10-year earning of $22,544. This disparity underscores the importance of minimizing student loan reliance. The good news is that Martin's tuition, at $13,200 for both in-state and out-of-state students, is relatively affordable for a private institution, but careful planning is still essential.
The cornerstone of financial aid here is the Free Application for Federal Student Aid (FAFSA). Completing it accurately and on time is paramount, as it determines eligibility for federal Pell Grants, Supplemental Educational Opportunity Grants (SEOG), and federal student loans. Given Martin's mission and student demographic, a significant portion of students are likely Pell Grant eligible, which can provide up to $7,395 for the 2023-2024 academic year for those with the highest need.
Institutional aid at Martin primarily comes in the form of need-based grants and scholarships, rather than extensive merit-based scholarships for high test scores (which are not a primary admissions factor). These grants are designed to bridge the gap between federal aid and the cost of attendance. For a student with a family income under $30,000, a typical aid package might include a full Pell Grant, potentially a state grant like Indiana's Frank O'Bannon Grant (if eligible, up to $2,000-$4,000), and an institutional grant from Martin to cover a significant portion of the remaining tuition. For those with higher incomes, federal loans become more prominent, but students should borrow judiciously.
Work-study opportunities are available and highly recommended. These allow students to earn money for educational expenses through part-time jobs on campus or with community partners, reducing the need for loans. Scholarship tips include actively seeking external scholarships from community organizations, foundations, and online databases. Focus on scholarships that value community service, leadership, or specific fields of study. Negotiating aid packages is generally not a common practice at institutions like Martin, as their institutional aid is often already maximized to support students with demonstrated need. The best strategy is to apply early, be thorough with your FAFSA, and actively seek out all available grant and scholarship opportunities to minimize your loan burden.
Hidden Costs at Martin University
- Textbooks and Course Materials: Expect to spend approximately $1,000 - $1,500 per year on textbooks, digital access codes, and other required supplies.
- University Fees: Beyond tuition, anticipate around $500 - $1,000 annually in various fees, which can cover technology, student services, and administrative costs.
- Transportation: As a commuter campus, transportation costs can range from $500 - $2,000 per year depending on your commute distance, gas prices, and vehicle maintenance, or public transit passes.
- Personal Expenses: Budget $1,500 - $2,500 annually for personal items, entertainment, clothing, and other miscellaneous needs.
- Health Insurance: If you are not covered under a family plan, a student health insurance policy could cost an additional $2,000 - $4,000 per year.
- Parking: If you drive to campus, expect to pay for parking permits or daily fees, which could add $100 - $300 per year.
- Childcare: For many adult learners, childcare can be a significant and often unexpected expense, potentially ranging from $5,000 to $15,000+ annually depending on the age and number of children.
Alumni Outcomes & Career Paths
Martin University, with its intimate student body of 150, positions its graduates primarily within the local Indianapolis community, often in roles that align with the university's mission of serving underserved populations and fostering community development. Given the median earnings of $22,544 ten years post-graduation, it's evident that alumni are not typically entering high-paying corporate pipelines but rather finding meaningful work in sectors focused on social impact and local services. Specific data on major employers is not widely publicized, but based on the university's profile and location, graduates are likely to find opportunities with local non-profit organizations such as the United Way of Central Indiana, Gleaners Food Bank of Indiana, or various community centers like the John H. Boner Community Center. Many may also work within local government agencies, such as the City of Indianapolis's Department of Parks and Recreation or the Department of Public Works, in administrative or support roles. Industries where alumni tend to cluster include social services, K-12 education support (e.g., teaching assistants, administrative staff in Indianapolis Public Schools), community development, and entry-level positions within local healthcare support services or small businesses. Entrepreneurship within the local community is also a plausible path for some graduates, leveraging the university's focus on practical skills. Graduate school placement rates are likely modest, with any further education typically pursued at local institutions like Indiana University-Purdue University Indianapolis (IUPUI) in fields such as social work, public administration, or education, often on a part-time basis while working. Notable alumni are not prominently featured, which is common for smaller, mission-driven institutions focused on local impact rather than national recognition. Career services at Martin University are likely tailored to connecting students with local job opportunities, focusing on resume building, interview preparation, and networking within the Indianapolis non-profit and public sectors. Internship pipelines would similarly be concentrated with local community organizations, small businesses, and government offices, providing practical experience directly relevant to local needs. Geographically, hiring patterns are overwhelmingly concentrated within Indianapolis and the surrounding Central Indiana region, reflecting the university's deep roots and community focus.
Campus Life & Culture at Martin University
Martin University serves a highly diverse student body, predominantly composed of adult learners, non-traditional students, and individuals from historically underserved communities, many of whom are local Indianapolis residents. The university is a historically Black institution, fostering a rich multicultural environment. The ideal student here is resilient, highly motivated, often balancing multiple responsibilities, and thrives in a supportive, mission-driven academic setting focused on personal growth and community impact.
Martin University, with its intimate student body of just 150, offers a campus life experience vastly different from larger institutions. Located in the heart of Indianapolis, the 'vibe' here is one of focused academic pursuit, strong community support, and a deep commitment to personal and professional growth, particularly for its diverse population of adult learners and non-traditional students. You won't find sprawling quads filled with students tossing frisbees or a bustling Greek Row; instead, campus life revolves around shared purpose and mutual encouragement.
On-campus housing is not a traditional feature at Martin, as the vast majority of students commute from various Indianapolis neighborhoods and surrounding areas. This means the campus truly comes alive during class hours and for specific events, rather than being a residential hub. Dining options are typically limited to a small café or grab-and-go services, reflecting the commuter nature. Students often bring their own meals or utilize the numerous dining establishments available in the vibrant Indianapolis urban core, just a short drive or bus ride away.
Student organizations are less about a wide array of clubs and more about affinity groups, academic support networks, and community service initiatives that align with Martin's mission of social justice and community empowerment. You might find groups dedicated to specific academic disciplines, professional development, or local outreach projects. There is no traditional Greek life or intercollegiate athletics program in the typical sense. Instead, the 'team' spirit is fostered through collaborative learning environments and a shared dedication to overcoming challenges and achieving educational goals.
The general atmosphere is supportive and nurturing. Faculty and staff know students by name, and there's a strong sense of belonging. The campus itself is compact, designed for accessibility and functionality. Being in Indianapolis means students have access to all the city offers – cultural events, internships, entertainment, and employment opportunities – which often integrate directly into their academic and personal lives. The 'tradition' at Martin is less about specific annual events and more about the ongoing legacy of empowering individuals and contributing positively to the community.
Campus Highlights
- Mission-Driven Education: A deep commitment to social justice, community empowerment, and serving underserved populations.
- Personalized Attention: Extremely small class sizes and a low student-faculty ratio ensure individualized support and mentorship.
- Urban Advantage: Located in Indianapolis, offering access to internships, cultural events, and career opportunities in a vibrant city.
- Adult Learner Focus: Programs and support services specifically designed to meet the needs of non-traditional and adult students.
- Supportive Community: A nurturing and inclusive environment where students feel known, valued, and supported in their academic journey.
- Practical, Career-Oriented Programs: Degrees designed to directly translate into professional skills and career advancement.
- Community Engagement: Strong emphasis on applied learning and projects that benefit local Indianapolis communities.
Location & Regional Advantages
Martin University's location in Indianapolis, Indiana, offers a unique set of geographic advantages and considerations for its students and graduates. Indianapolis is a vibrant, growing city with a diverse economy, including strong sectors in healthcare (e.g., IU Health, Ascension St. Vincent), logistics (FedEx, Amazon hubs), tech (Salesforce, Infosys), and advanced manufacturing. For Martin University graduates, the local job market is particularly advantageous in the non-profit, social services, and community development sectors, aligning well with the university's mission. The city boasts a robust network of community organizations, local government agencies, and educational institutions that frequently seek dedicated individuals for various roles. The cost of living in Indianapolis is generally considered affordable compared to many other major U.S. cities, which can be a significant benefit for graduates entering the workforce with a median salary of $22,544. This affordability helps stretch earnings further, making it easier to manage living expenses and student loan debt. Martin University's urban setting provides proximity to these industry hubs, particularly downtown Indianapolis, which is a center for business, government, and cultural institutions. This accessibility facilitates internships, networking, and job searching within the city. Quality of life in Indianapolis is high, with a growing downtown, numerous parks, a thriving arts and culture scene, and a strong sports presence. The city experiences four distinct seasons, offering varied recreational opportunities. While safety, like any urban environment, can vary by neighborhood, Indianapolis has made significant strides in urban revitalization. For Martin University graduates, the local focus of the institution means that career opportunities are heavily influenced by the needs and growth of the Indianapolis metropolitan area. Graduates are well-positioned to contribute directly to their community, finding roles where their education can make an immediate, tangible impact within the city they call home.
How to Get Into Martin University
Gaining admission to Martin University is less about hitting specific GPA or test score benchmarks and more about demonstrating your commitment to education, your potential for success, and your alignment with the university's mission. Given its 'N/A' admission rate and focus on adult learners and underserved populations, Martin is highly accessible. There are no distinct Early Decision or Early Action advantages; the admissions process is rolling and holistic, valuing your personal story and motivation above all else.
The admissions office values life experience, resilience, and a clear sense of purpose. While a high school diploma or GED is required, there isn't a strict GPA cutoff. Test scores (SAT/ACT) are often optional or considered less critical than your personal statement and academic history. If you have a strong academic record, it will certainly be a plus, but if your past academic performance has been inconsistent, focus on explaining your circumstances and demonstrating your readiness for college-level work now.
Your personal essay is a critical component. Strong essay topics would revolve around your journey to higher education, challenges you've overcome, your career aspirations, and how Martin University specifically fits into your goals. Articulate 'why Martin?' – perhaps its mission resonates with you, or its programs align perfectly with your professional ambitions. Demonstrated interest is important; attending information sessions (online or in-person), engaging with admissions counselors, and clearly articulating your commitment will show you are serious.
The timeline is flexible due to rolling admissions, but applying 3-6 months before your desired start term is advisable to ensure ample time for financial aid processing and course registration. For example, aim to apply by April for a Fall start. Be prepared to provide official transcripts from all previous institutions, and if applicable, a detailed resume outlining work experience and community involvement. The key is to present a compelling narrative that showcases your determination to succeed and contribute to the Martin University community.
How Martin University Compares to Similar Schools
Similar schools: Calumet College of St. Joseph (Whiting, IN), Ancilla College of Marian University (Donaldson, IN), Lincoln Christian University (Lincoln, IL)
Advantages
- Extremely small class sizes and personalized attention due to its 150-student enrollment, fostering a tight-knit community.
- Deeply embedded in the Indianapolis community, offering unique local networking and service opportunities aligned with its mission.
- Strong focus on supporting underserved populations, providing a tailored educational experience for specific student demographics.
- Mission-driven education that emphasizes community impact and social justice, appealing to students seeking purpose-driven careers.
Disadvantages
- Significantly negative financial return on investment, with high median debt relative to low median earnings.
- Limited academic program diversity and institutional resources compared to larger, even regional, private universities.
- Lower graduation rate (24.4%) suggests challenges in student retention and completion compared to many peers.
Best For
- Students seeking a low-cost education with high graduation rates and better career outcomes.
- Prospective students looking for a strong support system and high graduation rates.
Avoid If
- Students who can afford the high tuition and debt without financial aid.
- Prospective students who prioritize high earnings and low debt.
Frequently Asked Questions about Martin University
How much does it cost to attend Martin University?
In-state tuition at Martin University is $13,200 per year, and out-of-state tuition is $13,200 per year. The median student debt at graduation is $42,002.
What is the graduation rate at Martin University?
Martin University has a graduation rate of 24.4%.
How much do Martin University graduates earn?
The median earnings for Martin University graduates 10 years after enrollment is $22,544. With median debt of $42,002, graduates earn roughly 0.5x their debt level annually.
How big is Martin University?
Martin University has approximately 150 students and is classified as a small institution. It is located in Indianapolis, IN and is a Private Nonprofit institution.
Is Martin University worth the cost?
Martin University has an ROI score of -57 out of 100. With in-state tuition of $13,200 per year and median post-graduation earnings of $22,544, the data suggests the return on investment may be below average.
Where is Martin University located?
Martin University is located in Indianapolis, IN. It is a Private Nonprofit institution with approximately 150 students.
How much student debt do Martin University graduates have?
The median student debt for Martin University graduates is $42,002. With median earnings of $22,544 ten years after enrollment, graduates can expect a debt-to-income ratio of 186%.
Is Martin University a good college?
Martin University has a graduation rate of 24.4% and median post-graduation earnings of $22,544. Low graduation rate of 24.39%.
How does Martin University compare to similar colleges?
High median debt of $42,002. Compared to peer institutions, Martin University has lower graduation rates and median earnings, and higher median debt, suggesting it may not be the best value for students.
What career prospects do Martin University graduates have?
Graduates may find limited career opportunities due to low earnings and high debt.
What should prospective students know about Martin University?
Martin University is positioned in a competitive market with limited financial aid and high tuition costs.
What makes Martin University stand out?
Low median earnings of $22,544 after 10 years.
What are the pros and cons of attending Martin University?
Affordability score of 55, indicating limited financial aid options.
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- Calumet College of St. Joseph (Whiting, IN)
- Ancilla College of Marian University (Donaldson, IN)
- Lincoln Christian University (Lincoln, IL)
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.