DegreeCalc

College Costs in Schererville, IN 2026

Compare tuition, housing, and financial aid across 2 colleges in Schererville, Indiana. Use our free calculator to estimate your total cost.

Avg Public Tuition

$10,200

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$591

per month

Colleges & Universities

2

institutions

Schererville Overview

Population

29,243

Student Population

3,350 (11.5%)

Cost of Living Index

79.2 (avg: 100)

Walk Score

52/100

Transit Score

16/100

Unemployment Rate

2.9%

College Cost Calculator for Schererville

Cost Inputs

Total Cost (4 Years, Public In-State)

$89,000

Total After Financial Aid

$89,000

Annual Cost

$22,250

Annual After Aid

$22,250

Cost Breakdown (4 Years)

Tuition$40,800
Room & Board$48,200

If Financed (10-Year Loan at 6.5%)

Loan Amount$89,000
Monthly Payment$1,011
Total Interest$32,269
Total Loan Cost$121,269

Universities in Schererville

UniversityTypeAnnual Tuition
Schererville State UniversityPublic$10,042
Schererville Community CollegeCommunity$5,030

Schererville has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Schererville vs. National Average

CategoryScherervilleNational AvgDifference
Public Tuition (In-State)$10,200$10,940-$740
Monthly Rent Near Campus$591$1,050-$459
Cost of Living Index79.2100-20.799999999999997

Schererville's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Schererville

52

Walk Score

Somewhat Walkable

16

Transit Score

Minimal Transit

11.5%

Student Population

3,350 students

Schererville has a total population of 29,243, with approximately 3,350 college students (11.5% of the population). Schererville has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Schererville

$32,520

Starting Salary

2.9%

Unemployment Rate

58%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Schererville earn a median starting salary of $32,520, which is -$2,480 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $89,000 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $9,114 per student per year, the net cost and payback period can be significantly reduced.

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