2026 data College Scorecard official source

Affordable Alternatives to Indiana University-Indianapolis

Open-data reference.

We found 15 schools structurally similar to Indiana University-Indianapolis that cost less. 15 offer comparable or better earnings outcomes.

Your School

Indiana University-Indianapolis

Indianapolis, Indiana · Public

$11,668
Net Price
$55,198
Median Earnings (10yr)
76.4%
Acceptance Rate
54.1%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Indiana University-Indianapolis

Indiana University-Indianapolis posts an average net price of $11,668 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Indiana University-Indianapolis across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $8,565, achieved by CUNY Brooklyn College at $3,103. Of greater interest to ROI-focused applicants: 15 of the 15 alternatives also report median 10-year earnings at or above Indiana University-Indianapolis’s $55,198, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $60,499.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

15
Alternatives Found
$8,565
Max Savings
15
Better Value Options
78%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. Portland State University $58k 2. Oakland University $59k 3. California State University- $60k 4. Foothill College $57k 5. CUNY City College $66k Compared to Indiana University-Indianapolis: $55k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Portland State University
Portland, OR · Public Better Value
$9,552 -$2,116 $57,906 52.9% 78%
Oakland University
Rochester Hills, MI · Public Better Value
$9,120 -$2,548 $58,612 57.3% 76%
California State University-San Bernardino
San Bernardino, CA · Public Better Value
$4,564 -$7,104 $59,977 54.8% 73%
Foothill College
Los Altos Hills, CA · Public Better Value
$7,653 -$4,015 $57,072 58.2% 67%
CUNY City College
New York, NY · Public Better Value
$3,776 -$7,892 $66,039 55.8% 61%
California State University-Fresno
Fresno, CA · Public Better Value
$7,000 -$4,668 $61,244 55.9% 57%
California State University-San Marcos
San Marcos, CA · Public Better Value
$10,229 -$1,439 $62,908 54.4% 54%
CUNY Queens College
Queens, NY · Public Better Value
$4,195 -$7,473 $62,763 56.4% 54%
CUNY Lehman College
Bronx, NY · Public Better Value
$3,148 -$8,520 $58,013 50.3% 54%
California State University-Dominguez Hills
Carson, CA · Public Better Value
$8,615 -$3,053 $57,162 44.6% 54%
The University of Texas at San Antonio
San Antonio, TX · Public Better Value
$10,836 -$832 $57,131 51.9% 54%
University of Illinois Springfield
Springfield, IL · Public Better Value
$9,833 -$1,835 $57,103 57.0% 54%
CUNY Brooklyn College
Brooklyn, NY · Public Better Value
$3,103 -$8,565 $60,752 55.2% 52%
Central School of Practical Nursing
Norfolk, VA · Public Better Value
$8,029 -$3,639 $59,399 N/A 50%
California State University-East Bay
Hayward, CA · Public Better Value
$9,320 -$2,348 $71,401 46.7% 49%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Indiana University-Indianapolis are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Indiana University-Indianapolis?
We found 15 schools similar to Indiana University-Indianapolis that cost less. The closest match is Portland State University with 78% similarity and a net price of $9,552.
What is the ROI of attending Indiana University-Indianapolis?
Indiana University-Indianapolis has an average net price of $11,668. Graduates earn a median of $55,198 ten years after enrollment. The earnings-to-cost ratio is 4.7x.
Are there schools with better outcomes than Indiana University-Indianapolis for less money?
Yes — 15 of 15 alternatives offer comparable or higher median earnings at a lower net price. Portland State University costs $9,552 (saving $2,116) with median earnings of $57,906.
What is the cheapest alternative to Indiana University-Indianapolis?
The most affordable similar school is CUNY Brooklyn College at $3,103, saving $8,565 compared to Indiana University-Indianapolis. It has a 52% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $60,499 compared to Indiana University-Indianapolis's $55,198. On average, alternatives match or exceed this school's earnings. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.