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Rose-Hulman Institute of Technology stands out among Indiana's Division III colleges with graduates earning $101,253 annually, far exceeding the state's other seven schools in this division. The engineering-focused Terre Haute institution maintains an 81.7% graduation rate while charging $40,665 net annually. Indiana's manufacturing economy, anchored by companies like Cummins and extensive pharmaceutical operations, creates natural pathways for these graduates. Net costs across the state's D3 colleges range from Manchester University's $19,268 to Rose-Hulman's premium pricing. The 21st Century Scholars program covers full tuition for qualifying Indiana residents, making schools like DePauw University and Hanover College particularly accessible. Acceptance rates span from Anderson University's selective 51.8% to Franklin College's open 92.9%, while graduation rates vary significantly from Anderson's 49.4% to DePauw's solid 80%. These eight institutions serve 11,779 total students across communities from Angola to Richmond.
8
Schools
$25,163
Avg. Net Price
$61,185
Avg. Earnings
64.8%
Avg. Graduation Rate

NCAA Division III Colleges in Indiana

College listings
# School Enrollment Net Price Graduation Rate Acceptance Rate
1 2,224 $40,665 81.7% 73.0%
2 1,804 $24,546 80.0% 65.8%
3 1,070 $22,144 49.4% 51.8%
4 2,344 $25,580 67.6% 91.9%
5 958 $21,826 63.6% 74.1%
6 872 $22,762 63.4% 92.9%
7 612 $24,516 67.9% 73.2%
8 895 $19,268 44.8% 66.4%

Frequently Asked Questions

What makes Rose-Hulman graduates earn significantly more than other Division III students?

Rose-Hulman's engineering focus aligns perfectly with Indiana's manufacturing sector. Graduates average $101,253 annually, nearly $31,000 more than DePauw's $70,527. The school's 81.7% graduation rate reflects strong industry connections with employers like Cummins.

How do net costs compare across Indiana's Division III colleges?

Net prices range from Manchester University's $19,268 to Rose-Hulman's $40,665. Most schools cluster around $22,000-$25,000 annually. The 21st Century Scholars program covers tuition for qualifying residents, making schools like Hanover College more affordable.

Is Anderson University worth considering despite its lower graduation rate?

Anderson's 49.4% graduation rate is concerning, but the school accepts only 51.8% of applicants, suggesting selectivity issues rather than academic quality. With 1,070 students and graduates earning $48,899, it serves specific student populations effectively.

Does Franklin College's high acceptance rate indicate lower quality?

Franklin accepts 92.9% of applicants but maintains a respectable 63.4% graduation rate. With 872 students and graduates earning $55,376, the school provides solid outcomes. High acceptance often reflects regional mission rather than academic standards.

Where do these colleges provide the best value for Indiana residents?

Manchester University offers strong value at $19,268 net cost with graduates earning $51,504. DePauw provides premium education at $24,546 with $70,527 earnings. The 21st Century Scholars program makes most schools financially accessible for qualifying students.

See our methodology for details on rankings and data sources.