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Best Value Psychology Master's Degree Schools in Indiana

2023 Best Value Psychology Master's Degree Schools in Indiana

Identifying Quality Schools at More Affordable Prices

10 Colleges
$19,068 Avg Tuition & Fees*
$45,565 Avg Salary

Finding the Best Psychology Master's Degree School for You

Psychology is one of the most popular subjects to study in Indiana. With 3,548 degrees and certificates handed out in 2020-2021, it ranked 7th out of all the majors we track in the state.

There are lots of options to pick from today when trying to decide which program is right for you. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.

To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Value Psychology Master's Degree Schools in Indiana ranking. This report analyzed 10 schools in Indiana to see which ones offered the best value master's degree programs for psychology students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.

Top 10 Best Psychology Master's Degree Schools

#1

Indiana State University

Terre Haute, IN

Our 2023 rankings named Indiana State University the best value school in Indiana for psychology students working on their master’s degree. Indiana State is a moderately-sized public school located in the city of Terre Haute.

The average tuition and fees for an in-state graduate student at Indiana State are $8,056 a year.

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#2

Purdue University - Main Campus

West Lafayette, IN

A rank of #2 on this year’s list means Purdue University - Main Campus is a great value for psychology students working on their master’s degree. Located in the city of West Lafayette, Purdue is a public school with a fairly large student population.

Purdue graduate students pay an average of $9,992 in in-state tuition and fees each year.

Purdue also made our Best Psychology Master’s Degree Schools in Indiana list, coming in at #2.

Full Psychology at Purdue University - Main Campus Report

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A rank of #3 on this year’s list means Indiana University - Purdue University - Indianapolis is a great value for psychology students working on their master’s degree. Located in the large city of Indianapolis, IUPUI is a public school with a fairly large student population.

IUPUI graduate students pay an average of $10,389 in in-state tuition and fees each year.

Full Psychology at Indiana University - Purdue University - Indianapolis Report

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#4

Ball State University

Muncie, IN

Out of the 10 schools in Indiana that were part of this year’s ranking, Ball State University landed the # 4 spot on the list. Located in the small city of Muncie, Ball State is a public college with a fairly large student population.

The average tuition and fees for an in-state graduate student at Ball State are $10,144 a year.

Ball State also claimed a spot on our Best Psychology Master’s Degree Schools in Indiana list. It’s in the top 20% of all schools in this category.

Full Psychology at Ball State University Report

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#5

Valparaiso University

Valparaiso, IN

Out of the 10 schools in Indiana that were part of this year’s ranking, Valparaiso University landed the # 5 spot on the list. Valpo is a small private not-for-profit school located in the suburb of Valparaiso.

Valpo graduate students pay an average of $12,220 in in-state tuition and fees each year.

On top of its placing in our value ranking, Valpo also did well on our Best Psychology Master’s Degree Schools in Indiana list. It’s in the top 20% of all schools reviewed in this analysis.

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#6

Huntington University

Huntington, IN

Huntington University landed the #6 spot in the 2023 rankings for the best value master’s degree psychology programs. Located in the distant town of Huntington, Huntington is a private not-for-profit school with a small student population.

The average tuition and fees for an in-state graduate student at Huntington are $11,856 a year.

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#7

Purdue University Global

Indianapolis, IN

Purdue University Global ranked #7 on this year’s Best Value Psychology Master’s Degree Schools in Indiana list. Purdue University Global is a very large public school located in the city of Indianapolis.

Purdue University Global graduate students pay an average of $9,530 in in-state tuition and fees each year.

Full Psychology at Purdue University Global Report

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#8

University of Notre Dame

Notre Dame, IN

University of Notre Dame landed the #8 spot in the 2023 rankings for the best value master’s degree psychology programs. Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit college with a large student population.

The average tuition and fees for an in-state graduate student at Notre Dame are $58,662 a year.

Notre Dame also took the #1 spot in our Best Psychology Master’s Degree Schools in Indiana rankings.

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#9

Martin University

Indianapolis, IN

Martin University landed the #9 spot in the 2023 rankings for the best value master’s degree psychology programs. Located in the large city of Indianapolis, Martin University is a private not-for-profit college with a small student population.

Martin University graduate students pay an average of $12,060 in in-state tuition and fees each year.

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#10

University of Indianapolis

Indianapolis, IN

University of Indianapolis did quite well in this year’s ranking of the best places for psychology students to get a master’s degree. It came in at #10 on the list. Located in the large city of Indianapolis, UIndy is a private not-for-profit school with a medium-sized student population.

The average tuition and fees for an in-state graduate student at UIndy are $40,560 a year.

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Best Value Psychology Colleges in the Great Lakes Region

Explore all the Best Value Psychology Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 4,292
Ohio 4,871
Illinois 6,520
Wisconsin 2,695

Psychology Majors to Study

Major Annual Graduates
General Psychology 141,695
Clinical, Counseling & Applied Psychology 33,758
Child Development & Psychology 17,542
Other Psychology 2,683

Related Major Annual Graduates
Education 327,871
Social Sciences 205,984
Communication & Journalism 120,571
Family, Consumer & Human Sciences 55,820
History 32,731

Notes and References

*These averages are for the top 10 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 the rest 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).
  • Credit for the banner image above goes to Nevit Dilmen.

More about our data sources and methodologies.

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