University of Indianapolis
Indianapolis, IN 46227-3697 — Private Nonprofit
Value Score: 60/100 | ROI Score: -64 | Affordability Score: 55/100
Tuition (In-State): $37,200 | Out-of-State: $37,200
Acceptance Rate: 66.5% | Graduation Rate: 55.8% | Retention Rate: 71.0%
Median Earnings (10yr): $53,610 | Median Debt: $26,864
Student Body Size: 3,005 (medium)
Pell Grant Recipients: 32.6% | Federal Loan Rate: 38.2%
Average Faculty Salary: $8,128/month
Tuition & Affordability Analysis
In-state tuition at University of Indianapolis is $37,200 per year, which is 6% below the national average for private institutions.
Out-of-state students pay $37,200/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: $148,800 (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 University of Indianapolis:
- Families earning $0–$30,000: $15,346/year
- Families earning $30,001–$48,000: $17,863/year
- Families earning $48,001–$75,000: $21,262/year
- Families earning $75,001–$110,000: $23,855/year
- Families earning $110,000+: $28,004/year
Low-income families receive an average discount of $21,854/year, paying just 41% of the sticker price.
Admissions Snapshot
University of Indianapolis has an acceptance rate of 66.5%, placing it in the Moderately Selective (50–70%) category. This means roughly 1,130 students apply each year.
Graduate Outcomes & Return on Investment
55.8% of students at University of Indianapolis complete their degree, 10% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 71.0% (12% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of University of Indianapolis earn a median salary of $53,610 ten years after enrollment, 31% above the national average. This represents a $18,610/year earnings premium over the average high school diploma holder, or $558,300 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $26,864, 25% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $292/month, with a total repayment of $35,040 (including $8,176 in interest).
Debt-to-Earnings Ratio: 0.50x. 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 University of Indianapolis pays for itself in approximately 8 years. This is a reasonable investment timeline.
Financial Aid Profile
32.6% of students at University of Indianapolis receive Pell Grants (federal need-based aid for families earning under ~$60,000), near the national average. This is near the national average, reflecting a typical economic diversity among the student body.
38.2% of students take federal loans, 19% below the national average. This is a moderate borrowing rate.
Average faculty salary: $8,128/month, 7% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
University of Indianapolis enrolls 3,005 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 64/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 57%, Hispanic 11%, Black 15%, Asian 4%.
University of Indianapolis: Medium-Sized Private Nonprofit Institution with Mixed Academic and Financial Outcomes
- University of Indianapolis: A Solid Launchpad for Local Careers, But Weigh the Investment
- Beyond the Classroom: UIndy's Career Outcomes and What They Mean for Your Future
- Is the UIndy Experience Worth the Price Tag? An Honest Look at Post-Graduation Success
Report Card: Overall Grade D+
University of Indianapolis receives an overall grade of D+ based on six dimensions:
- Academics: C-
- Value: F
- Outcomes: C+
- Affordability: B
College Analysis
University of Indianapolis is a Private Nonprofit institution in Indianapolis, IN with approximately 3,005 students. Academics: Offers a medium-sized campus with a strong focus on student success. Value: Moderate tuition with a relatively high median debt, indicating potential financial strain. Outcomes: Graduates have a median earnings of $53,610 after 10 years, but the low graduation rate is a concern. Peer Comparison: Compared to similar institutions, UIndy has a lower graduation rate and higher median debt.
The Verdict: Is University of Indianapolis Worth It?
The University of Indianapolis presents a challenging value proposition, primarily due to its relatively high tuition cost compared to its median 10-year earnings. With an out-of-state tuition of $37,200 and a median 10-year earning of $53,610, the initial financial outlook is concerning. The median debt of $26,864, while not excessively high, adds to the financial burden. The ROI score of -64 strongly suggests that, on average, graduates do not recoup their investment quickly or significantly over a decade. To illustrate, a graduate earning the median salary would take approximately 6.5 years to pay off their median debt, assuming 10% of their gross income goes towards debt repayment and ignoring interest. This timeline is quite long, especially when considering living expenses and the fact that the median earnings are from 10 years post-graduation, meaning initial earnings would be lower. While UIndy offers valuable experiences and a solid education, particularly in certain fields, the financial return on investment appears to be a significant drawback. It is not a hidden gem and, based on these metrics, appears to be overpriced for the average graduate's financial outcome.
Return on Investment
While the earning potential is strong, the high median debt and low graduation rate may make the degree less financially rewarding in the long run.
Debt Reality Check
Median student debt at University of Indianapolis: $26,864. Monthly payment on a standard 10-year plan: $305/month. Total repaid: $36,600 ($9,736 in interest).
Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,600.
Strengths
- Strong focus on student success and career readiness programs.
- Moderate tuition with a strong emphasis on affordability for in-state students.
- Good earning potential for graduates.
Weaknesses
- Lower than average graduation rate, which may impact long-term success.
- Higher than average median debt, which could be a financial burden for students.
Academic Profile
Retention Rate: 71.0%.
The University of Indianapolis offers a strong academic foundation with particular strengths in its health sciences, education, and business programs. The Krannert School of Physical Therapy is highly regarded, and programs like Occupational Therapy and Doctorate of Athletic Training are consistently popular. The College of Education is also a significant contributor, preparing future educators for diverse roles. With a student-faculty ratio that can be inferred to be around 14:1 based on similar private institutions (though specific data is unavailable), students can expect personalized attention from faculty. While specific faculty salary data isn't provided, the private, nonprofit status suggests a commitment to attracting and retaining qualified educators. Research opportunities are available, particularly for undergraduates interested in fields like biology, chemistry, and psychology, often culminating in presentations at the annual Student Research Symposium. The University Honors Program provides a challenging academic experience for high-achieving students, offering smaller class sizes, unique seminars, and opportunities for independent study. UIndy also encourages global perspectives through its study abroad programs, with partnerships in various countries allowing students to immerse themselves in different cultures while earning academic credit. Academic support is robust, with the Center for Advising and Academic Support offering tutoring, writing assistance, and academic coaching to ensure student success.
Financial Aid Guide for University of Indianapolis
Pell Grant recipients: 32.6%. Students taking federal loans: 38.2%.
Navigating financial aid at the University of Indianapolis involves understanding both merit-based and need-based opportunities. As a private institution, UIndy offers a range of merit scholarships, often awarded automatically based on GPA and standardized test scores (though these are not provided for UIndy, prospective students should inquire about the specific criteria). These can range from a few thousand dollars to covering a significant portion of tuition. Need-based aid, determined by the FAFSA, is also crucial. For families with an Expected Family Contribution (EFC) of, say, $15,000, a typical aid package might combine federal grants (like Pell, if eligible), state grants (Indiana residents), institutional grants, and potentially federal loans. Work-study opportunities are available for students demonstrating financial need, offering part-time employment on campus. For families with incomes below $50,000, it's not uncommon to see aid packages that significantly reduce the net cost of attendance, potentially bringing it below $20,000-$25,000 annually, especially when factoring in all grants and scholarships. Scholarship tips include applying early, researching departmental scholarships, and looking for external scholarships to supplement institutional aid. Negotiating financial aid at UIndy is possible, particularly if you have a competing offer from a similarly ranked institution, but it's generally more effective for merit aid than for need-based grants. Always aim to submit your FAFSA and any required institutional forms by the priority deadlines to maximize your aid eligibility.
Hidden Costs at University of Indianapolis
- Room and board costs can add an estimated $11,000 - $14,000 per academic year, depending on the chosen meal plan and housing type.
- Textbooks and course materials can easily cost $1,000 - $1,500 annually, with some specialized courses requiring more expensive resources.
- Student activity fees, typically around $200 - $400 per semester, fund campus organizations, events, and student government.
- Transportation costs, including gas, insurance, and potential parking permits (estimated at $100-$300 annually), can be significant for off-campus commuters or those with vehicles.
- Personal expenses, such as toiletries, laundry, entertainment, and incidental purchases, can add up to $1,500 - $2,500 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $2,000 - $3,000 annually through the university's student plan.
Alumni Outcomes & Career Paths
Graduates from the University of Indianapolis (UIndy) enter a diverse job market, with many finding opportunities within the robust healthcare and manufacturing sectors of the Indianapolis metropolitan area. Major employers that frequently recruit UIndy talent include Indiana University Health, Ascension St. Vincent, and Community Health Network, particularly for nursing, health sciences, and allied health professions. In the business and technology fields, companies like Salesforce, Eli Lilly and Company, and Cummins often hire graduates from UIndy's programs in business, computer science, and engineering. The university also has strong ties to the education sector, with local school districts and private schools actively seeking UIndy-prepared teachers.
While specific graduate school placement rates are not readily available, UIndy's strong performance in health sciences suggests a solid pathway for students pursuing advanced degrees in medicine, physical therapy, and occupational therapy. The university's career services are generally well-regarded, offering resume workshops, career fairs, and individual counseling. Internship pipelines are a significant strength, with many programs requiring or strongly encouraging experiential learning. Students often secure internships with the aforementioned major employers, as well as with smaller local businesses and non-profits, providing valuable hands-on experience.
Geographically, the majority of UIndy alumni tend to remain in Indiana, particularly within a 50-mile radius of Indianapolis, leveraging the strong local job market. However, graduates from programs like business and engineering may also find opportunities in other Midwestern hubs such as Chicago, IL, or Columbus, OH, though Indianapolis remains the primary destination.
Campus Life & Culture at University of Indianapolis
The University of Indianapolis draws a significant portion of its student body from Indiana, but also attracts students from across the Midwest and nationally, creating a diverse geographic mix. The student body is generally composed of individuals who are engaged, community-oriented, and seeking a supportive academic environment with opportunities for hands-on learning and personal growth.
The University of Indianapolis, or 'UIndy' as it's affectionately known, cultivates a vibrant campus community deeply connected to its urban setting. The 'vibe' is one of engaged learning and active participation, with students often balancing academics with a robust extracurricular schedule. Residential life is a cornerstone, with a majority of freshmen living on campus in halls like Central Hall or University Hall, fostering a strong sense of community. As students progress, they can explore apartment-style living within campus or venture into the surrounding neighborhoods. Dining options are plentiful, ranging from the main dining hall, The Marketplace, offering diverse stations, to grab-and-go spots like Chick-fil-A and Einstein Bros. Bagels, catering to busy schedules. Student organizations are a major draw, with over 100 clubs and organizations covering everything from academic interests and cultural groups to service-oriented initiatives and intramural sports. The Greek life scene, while present, is not dominant, offering a more balanced social landscape. Athletics are a significant part of UIndy's identity, with the Greyhounds competing in the Great Lakes Valley Conference, drawing enthusiastic crowds to games, especially in sports like football and basketball. Campus traditions, such as the annual 'Homecoming' celebration and 'Spring Fling,' bring the community together for spirited events. The campus itself, with its blend of modern facilities and green spaces, provides a welcoming environment for students to connect, study, and socialize.
Campus Highlights
- The Schwitzer Student Center, a central hub for student life, dining, and social activities.
- The University Hall, a historic landmark on campus, housing administrative offices and classrooms.
- The Christel DeHaan Fine Arts Center, hosting professional performances and student productions.
- The UIndy Bone Student Center, a modern facility offering diverse dining options and study spaces.
- The Athletics and Recreation Center (ARC), home to athletic events and fitness facilities.
- The proximity to downtown Indianapolis, offering students access to internships, cultural events, and entertainment.
Location & Regional Advantages
The University of Indianapolis benefits significantly from its location in Indianapolis, Indiana, a city that offers a dynamic and growing job market, particularly in healthcare, life sciences, advanced manufacturing, and technology. As the state capital and largest city in Indiana, Indianapolis boasts a lower cost of living compared to many major coastal cities, making the overall financial picture for graduates more favorable. The presence of major healthcare systems like Indiana University Health and Ascension St. Vincent, along with prominent companies such as Eli Lilly and Company and Cummins, creates a strong demand for skilled professionals, many of whom are UIndy alumni.
Indianapolis is also a hub for logistics and distribution, with a well-developed transportation infrastructure. While the Midwest weather can be a factor, with cold winters and warm, humid summers, the city offers a good quality of life with a growing culinary scene, numerous parks, and cultural attractions. Safety is generally comparable to other large Midwestern cities. The proximity to other industry hubs like Chicago, approximately a three-hour drive away, provides additional career exploration and networking opportunities. This strategic location allows UIndy graduates to tap into a substantial local economy while having access to broader regional markets, enhancing their post-graduation career prospects.
How to Get Into University of Indianapolis
The University of Indianapolis, with an admission rate of 66.5%, is selective but accessible. While Early Decision (ED) and Early Action (EA) options are available, UIndy doesn't typically offer significant financial incentives for applying ED/EA, so the primary advantage is an earlier notification of your admission status. The admissions committee looks for a well-rounded applicant who demonstrates academic potential and a commitment to community engagement. While specific GPA and test score ranges are not provided, applicants should aim for a GPA above 3.0 and a strong performance on standardized tests if submitting them (though many private institutions are test-optional). Essays are crucial for showcasing your personality, goals, and why UIndy is the right fit. Focus on topics that highlight your resilience, leadership, or unique experiences. Demonstrated interest is often considered; engaging with admissions events (virtual or in-person), connecting with an admissions counselor, and visiting campus can positively impact your application. The ideal timeline is to have your application submitted by the priority deadline (typically in February) to ensure full consideration for scholarships and aid, though regular decision deadlines usually extend into the spring.
How University of Indianapolis Compares to Similar Schools
Similar schools: Butler University, DePauw University, Ball State University, Indiana University Bloomington
Advantages
- Stronger focus on specific health sciences and professional programs compared to larger state universities.
- Smaller class sizes and more personalized attention than large public institutions.
- Location within Indianapolis provides direct access to a major metropolitan job market and internship opportunities.
Disadvantages
- Higher tuition cost compared to public state universities like Ball State or Indiana University.
- Lower overall national recognition and alumni network size compared to more established private or flagship public universities.
- Lower graduation rate suggests potential challenges with student retention or academic support for some students.
Best For
- Prospective students who prioritize a high graduation rate and low debt should consider other options.
- Students seeking a more diverse student body may find UIndy less appealing.
- Individuals looking for a more affordable option might explore other private or public institutions.
Avoid If
- Students who are looking for a strong focus on student success and career readiness might find UIndy a good fit.
- Prospective students who are concerned about the high median debt and low graduation rate should avoid UIndy.
Frequently Asked Questions about University of Indianapolis
How much does it cost to attend University of Indianapolis?
In-state tuition at University of Indianapolis is $37,200 per year, and out-of-state tuition is $37,200 per year. The median student debt at graduation is $26,864.
What is the acceptance rate at University of Indianapolis?
University of Indianapolis has an acceptance rate of 66.5%.
What is the graduation rate at University of Indianapolis?
University of Indianapolis has a graduation rate of 55.8%.
How much do University of Indianapolis graduates earn?
The median earnings for University of Indianapolis graduates 10 years after enrollment is $53,610. With median debt of $26,864, graduates earn roughly 2.0x their debt level annually.
How big is University of Indianapolis?
University of Indianapolis has approximately 3,005 students and is classified as a medium institution. It is located in Indianapolis, IN and is a Private Nonprofit institution.
Is University of Indianapolis worth the cost?
University of Indianapolis has an ROI score of -64 out of 100. With in-state tuition of $37,200 per year and median post-graduation earnings of $53,610, the data suggests the return on investment may be below average.
Where is University of Indianapolis located?
University of Indianapolis is located in Indianapolis, IN. It is a Private Nonprofit institution with approximately 3,005 students.
How much student debt do University of Indianapolis graduates have?
The median student debt for University of Indianapolis graduates is $26,864. With median earnings of $53,610 ten years after enrollment, graduates can expect a debt-to-income ratio of 50%.
Is University of Indianapolis a good college?
University of Indianapolis has a graduation rate of 55.8% and median post-graduation earnings of $53,610. 56.6% of students are white, with a significant minority of Hispanic and Asian students.
How does University of Indianapolis compare to similar colleges?
The admission rate is 66.5%, indicating a relatively open admissions process. Compared to peer institutions, University of Indianapolis has a lower graduation rate and higher median debt, which may impact the overall value proposition.
What career prospects do University of Indianapolis graduates have?
Graduates of University of Indianapolis are well-positioned for mid-career advancement, with strong earning potential.
What should prospective students know about University of Indianapolis?
University of Indianapolis is well-placed in the Indianapolis market, offering a mix of traditional and non-traditional programs.
What makes University of Indianapolis stand out?
Median earnings after 10 years are above the national average for similar graduates.
What are the pros and cons of attending University of Indianapolis?
The university has a strong focus on student success programs, as evidenced by its graduation rate.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.