| Aveda Fredric's Institute-Indianapolis Carmel | $24,147 | $26,688 | $9,833 | — |
| Paul Mitchell the School-Indianapolis Indianapolis | $23,870 | $24,635 | $9,833 | — |
| Summit Salon Academy Anderson | $21,529 | $22,057 | $11,700 | — |
| Paul Mitchell the School-Merrillville Merrillville | $19,685 | — | $9,833 | — |
| Ideal Beauty Academy Jeffersonville | $19,513 | $18,702 | $8,401 | — |
| Rudae's School of Beauty Culture-Ft Wayne Fort Wayne | $19,131 | $22,549 | $11,000 | — |
| Tricoci University of Beauty Culture-Lafayette Lafayette | $18,846 | $22,232 | $11,944 | — |
| Tricoci University of Beauty Culture-Indianapolis Indianapolis | $18,846 | $22,232 | $11,944 | — |
| Denmark College Merrillville | $18,762 | $15,451 | $12,685 | — |
| J Michael Harrold Beauty Academy Terre Haute | $18,675 | $18,528 | $9,042 | — |
| The Salon Professional Academy-Evansville Evansville | $18,674 | $20,034 | $9,833 | — |
| Tricoci University of Beauty Culture LLC-Bloomington Bloomington | $18,592 | — | $10,676 | — |
| Summit Salon Academy-Kokomo Kokomo | $17,556 | $16,507 | $9,833 | — |
| Don Roberts School of Hair Design Schererville | $17,400 | $20,593 | $14,637 | — |
| Empire Beauty School-Speedway Speedway | $17,113 | $20,472 | $16,500 | — |
| Tricoci University of Beauty Culture-Highland Highland | $16,118 | $21,692 | $11,750 | — |
| Rogers Academy of Hair Design Evansville | $16,042 | $18,967 | $16,161 | — |
| PJ's College of Cosmetology-Richmond Richmond | $15,581 | — | $13,458 | — |
| Ravenscroft Beauty College Fort Wayne | $15,449 | $18,184 | $12,041 | — |
| Kenny's Academy of Barbering Indianapolis | $15,048 | — | $16,500 | — |
| PJ's College of Cosmetology-Clarksville Clarksville | $14,181 | $19,483 | $9,833 | — |
| Lil Lou's Beauty and Barber College Gary | $11,397 | $11,771 | $16,500 | — |
| Lil Lou's Beauty and Barber College-Hammond Hammond | $11,397 | $11,771 | $16,500 | — |