Cheapest Applied Mathematics Colleges in Indiana

Indiana University-South Bend offers Applied Mathematics at just $8,364 net cost, creating a massive $20,188 gap between it and Saint Mary's College at the high end. This price spread reflects Indiana's mix of accessible public education and small private institutions, with graduation rates varying from 35.70% to 83.10% across programs. Applied Mathematics graduates find natural career paths in Indiana's pharmaceutical sector, where Eli Lilly relies heavily on statistical modeling and data analysis for drug development and clinical trials.

Programs

$8,364 – $28,552

Net Price Range

66.0%

Avg. Graduation Rate

10 Applied Mathematics Programs

Program rankings
#	School	Net Price	In-State Tuition	Graduation Rate	Acceptance Rate
1	Indiana University-South Bend South Bend, Indiana	$8,364	$8,179	35.7%	86.9%
2	Oakland City University Oakland City, Indiana	$12,820	$27,150	70.0%	55.7%
3	Purdue University-Main Campus West Lafayette, Indiana	$13,945	$9,992	83.1%	52.7%
4	Bethel University Mishawaka, Indiana	$19,726	$33,320	57.2%	99.5%
5	University of Evansville Evansville, Indiana	$20,230	$42,676	71.3%	76.3%
6	Wabash College Crawfordsville, Indiana	$21,906	$49,125	77.1%	61.5%
7	Anderson University Anderson, Indiana	$22,144	$35,640	49.4%	51.8%
8	Franklin College Franklin, Indiana	$22,762	$37,350	63.4%	92.9%
9	Taylor University Upland, Indiana	$24,327	$39,104	76.6%	74.6%
10	Saint Mary's College Notre Dame, Indiana	$28,552	$51,430	76.5%	83.9%

Frequently Asked Questions

What explains the huge cost difference between the cheapest and most expensive programs?

Indiana University-South Bend costs $8,364 while Saint Mary's College reaches $28,552, a $20,188 gap driven by public versus private funding models. Public institutions like IU-South Bend and Purdue receive state subsidies that keep costs lower, while private colleges depend on tuition revenue and endowments.

How do graduation rates correlate with program costs in these Applied Mathematics programs?

The cheapest option, IU-South Bend, has the lowest graduation rate at 35.70%, while Purdue combines reasonable cost ($13,945) with the highest success rate at 83.10%. Private institutions generally show stronger completion rates, with six of the seven private schools exceeding 60% graduation rates.

Does Purdue's Applied Mathematics program offer the best value combination?

Purdue delivers strong value at $13,945 net cost with an 83.10% graduation rate and 52.70% acceptance rate. This combination of affordability, academic rigor, and proven outcomes makes it highly competitive among Indiana's Applied Mathematics options.

Where do Applied Mathematics graduates typically find employment in Indiana?

Indiana's pharmaceutical industry, led by Eli Lilly, employs mathematicians for clinical trial design and drug efficacy modeling. Manufacturing companies like Cummins also hire Applied Mathematics graduates for quality control analytics and supply chain optimization throughout the state.

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Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.