| MSD Washington Township | Marion County | 10,512 | $16,546 |
| Michigan City Area Schools | LaPorte County | 5,193 | $16,106 |
| Enlace Academy | Marion County | 658 | $15,962 |
| The PATH School | Marion County | 556 | $15,858 |
| Lafayette School Corporation | Tippecanoe County | 7,368 | $15,504 |
| SE Neighborhood Sch of Excellence | Marion County | 573 | $15,466 |
| Paramount Brookside | Marion County | 803 | $15,384 |
| Tri-County School Corporation | White County | 765 | $15,322 |
| Anderson Community School Corp | Madison County | 6,196 | $15,276 |
| Matchbook Learning | Marion County | 641 | $15,214 |
| MSD Pike Township | Marion County | 10,683 | $15,174 |
| Elkhart Community Schools | Elkhart County | 11,318 | $15,145 |
| Muncie Community Schools | Delaware County | 5,080 | $15,112 |
| IN Math & Science Academy - North | Marion County | 631 | $15,002 |
| Benton Community School Corp | Benton County | 1,609 | $14,961 |
| IN Math & Science Academy | Marion County | 539 | $14,959 |
| 21st Century Charter Sch of Gary | Marion County | 1,337 | $14,949 |
| School City of Hammond | Lake County | 11,505 | $14,879 |
| New Castle Community School Corp | Henry County | 2,939 | $14,783 |
| MSD Mount Vernon | Posey County | 2,101 | $14,708 |
| North Gibson School Corporation | Gibson County | 1,900 | $14,708 |
| Rochester Community School Corp | Fulton County | 1,613 | $14,675 |
| Covington Community School Corp | Fountain County | 888 | $14,669 |
| Lake Ridge New Tech Schools | Lake County | 1,619 | $14,662 |
| School Town of Speedway | Marion County | 1,864 | $14,650 |
| North Central Parke Comm Schl Corp | Parke County | 1,194 | $14,595 |
| Fort Wayne Community Schools | Allen County | 28,612 | $14,569 |
| South Ripley Com Sch Corp | Ripley County | 1,075 | $14,564 |
| Brown County School Corporation | Brown County | 1,653 | $14,439 |
| West Lafayette Com School Corp | Tippecanoe County | 2,420 | $14,344 |
| MSD Warren Township | Marion County | 11,824 | $14,342 |
| Marion Community Schools | Grant County | 3,702 | $14,334 |
| Whitko Community School Corp | Whitley County | 1,216 | $14,325 |
| Fremont Community Schools | Steuben County | 985 | $14,228 |
| Northeast Dubois Co Sch Corp | Dubois County | 834 | $14,221 |
| Fayette County School Corporation | Fayette County | 3,253 | $14,148 |
| Griffith Public Schools | Lake County | 1,966 | $14,132 |
| North Adams Community Schools | Adams County | 1,610 | $14,074 |
| North Lawrence Com Schools | Lawrence County | 3,659 | $14,023 |
| Beech Grove City Schools | Marion County | 2,843 | $13,931 |
| Scott County School District 2 | Scott County | 2,625 | $13,918 |
| Irvington Community School | Marion County | 959 | $13,917 |
| Jennings County School Corporation | Jennings County | 3,889 | $13,916 |
| Sheridan Community Schools | Hamilton County | 1,080 | $13,896 |
| Madison Consolidated Schools | Jefferson County | 2,705 | $13,828 |
| Westview School Corporation | LaGrange County | 2,075 | $13,805 |
| Duneland School Corporation | Porter County | 5,724 | $13,779 |
| South Newton School Corp | Newton County | 862 | $13,775 |
| Perry Township Schools | Marion County | 16,222 | $13,765 |
| Thea Bowman Leadership Academy | Lake County | 840 | $13,755 |
| Wawasee Community School Corp | Kosciusko County | 2,838 | $13,748 |
| Rensselaer Central School Corp | Jasper County | 1,521 | $13,732 |
| South Adams Schools | Adams County | 1,291 | $13,696 |
| Western Wayne Schools | Wayne County | 751 | $13,688 |
| Clark-Pleasant Community Sch Corp | Johnson County | 6,371 | $13,680 |
| Decatur County Community Schools | Decatur County | 1,822 | $13,673 |
| South Harrison Com Schools | Harrison County | 3,079 | $13,663 |
| Pike County School Corp | Pike County | 1,574 | $13,598 |
| Evansville Vanderburgh School Corp | Vanderburgh County | 21,739 | $13,576 |
| MSD Martinsville Schools | Morgan County | 4,053 | $13,558 |
| LaPorte Community School Corp | LaPorte County | 6,227 | $13,549 |
| Union Co/Clg Corner Joint Sch Dist | Union County | 1,295 | $13,537 |
| MSD Wayne Township | Marion County | 16,086 | $13,515 |
| Spencer-Owen Community Schools | Owen County | 2,238 | $13,504 |
| Carmel Clay Schools | Hamilton County | 16,072 | $13,444 |
| Goshen Community Schools | Elkhart County | 6,286 | $13,439 |
| Monroe County Community Sch Corp | Monroe County | 10,510 | $13,392 |
| Eastern Greene Schools | Greene County | 1,116 | $13,382 |
| Crawfordsville Community Schools | Montgomery County | 2,531 | $13,373 |
| Frontier School Corporation | White County | 671 | $13,371 |
| Rising Sun-Ohio Co Com | Ohio County | 825 | $13,344 |
| Jay School Corporation | Jay County | 3,000 | $13,336 |
| Bartholomew Con School Corp | Bartholomew County | 11,634 | $13,277 |
| Southwest Dubois Co Sch Corp | Dubois County | 1,965 | $13,260 |
| Randolph Eastern School Corp | Randolph County | 928 | $13,252 |
| Twin Lakes School Corp | White County | 2,279 | $13,194 |
| Borden-Henryville School Corporation | Clark County | 1,716 | $13,177 |
| New Albany-Floyd Co Con Sch | Floyd County | 11,270 | $13,175 |
| Southeast Fountain School Corp | Fountain County | 989 | $13,170 |
| Sunman-Dearborn Com Sch Corp | Dearborn County | 3,825 | $13,151 |
| Alexandria Community School Corp | Madison County | 1,522 | $13,137 |
| Elwood Community School Corp | Madison County | 1,494 | $13,135 |
| North Daviess Com Schools | Daviess County | 1,108 | $13,122 |
| White River Valley School District | Greene County | 745 | $13,121 |
| Blackford County Schools | Blackford County | 1,496 | $13,100 |
| Lebanon Community School Corp | Boone County | 3,486 | $13,080 |
| Lakeland School Corporation | LaGrange County | 1,605 | $13,070 |
| Tippecanoe Valley School Corp | Kosciusko County | 1,779 | $13,069 |
| North Knox School Corp | Knox County | 1,206 | $13,033 |
| Springs Valley Com School Corp | Orange County | 837 | $13,033 |
| Westfield-Washington Schools | Hamilton County | 9,180 | $13,022 |
| Lake Station Community Schools | Lake County | 1,125 | $13,018 |
| Southwest School Corporation | Sullivan County | 1,743 | $12,997 |
| South Spencer County Sch Corp | Spencer County | 1,092 | $12,992 |
| Richmond Community Schools | Wayne County | 4,526 | $12,966 |
| Avon Community School Corp | Hendricks County | 10,542 | $12,921 |
| North Newton School Corp | Newton County | 1,113 | $12,917 |
| Global Preparatory Academy | Marion County | 780 | $12,860 |
| North Montgomery Com Sch Corp | Montgomery County | 1,835 | $12,827 |
| Milan Community Schools | Ripley County | 1,042 | $12,822 |
| Charter School of the Dunes | Lake County | 684 | $12,814 |
| South Vermillion Com Sch Corp | Vermillion County | 1,594 | $12,809 |
| Huntington Co Com Sch Corp | Huntington County | 4,916 | $12,798 |
| Lake Central School Corporation | Lake County | 9,293 | $12,793 |
| Southwest Parke Com Sch Corp | Parke County | 1,016 | $12,772 |
| Franklin County Community Sch Corp | Franklin County | 2,049 | $12,768 |
| East Gibson School Corporation | Gibson County | 721 | $12,766 |
| Mississinewa Community School Corp | Grant County | 2,431 | $12,764 |
| North White School Corp | White County | 900 | $12,730 |
| Manchester Community Schools | Wabash County | 1,423 | $12,728 |
| North Judson-San Pierre Sch Corp | Starke County | 931 | $12,722 |
| Maconaquah School Corp | Miami County | 1,941 | $12,709 |
| South Gibson School Corporation | Gibson County | 2,110 | $12,705 |
| Brownstown Cnt Com Sch Corp | Jackson County | 1,433 | $12,700 |
| Kokomo School Corporation | Howard County | 5,238 | $12,699 |
| Flat Rock-Hawcreek School Corp | Bartholomew County | 972 | $12,681 |
| Prairie Heights Community Sch Corp | LaGrange County | 1,325 | $12,679 |
| Wa-Nee Community Schools | Elkhart County | 2,933 | $12,677 |
| Mill Creek Community Sch Corp | Hendricks County | 1,539 | $12,668 |
| North Miami Community Schools | Miami County | 769 | $12,668 |
| Clay Community Schools | Clay County | 4,040 | $12,663 |
| Shelbyville Central Schools | Shelby County | 4,036 | $12,582 |
| East Washington School Corp | Washington County | 1,346 | $12,576 |
| Peru Community Schools | Miami County | 1,856 | $12,570 |
| Blue River Valley Schools | Henry County | 642 | $12,567 |
| Wabash City Schools | Wabash County | 1,536 | $12,562 |
| Richland-Bean Blossom C S C | Monroe County | 2,738 | $12,558 |
| Randolph Central School Corp | Randolph County | 1,432 | $12,554 |
| Anderson Preparatory Academy | Madison County | 864 | $12,535 |
| Union Township School Corp | Porter County | 1,409 | $12,501 |
| Jac-Cen-Del Community Sch Corp | Ripley County | 773 | $12,497 |
| Lewis Cass Schools | Cass County | 1,342 | $12,497 |
| Attica Consolidated School Corp | Fountain County | 542 | $12,493 |
| Eastern Pulaski Community Sch Corp | Pulaski County | 1,139 | $12,470 |
| Central Noble Com School Corp | Noble County | 1,150 | $12,468 |
| Portage Township Schools | Porter County | 6,742 | $12,458 |
| School Town of Munster | Lake County | 4,136 | $12,440 |
| Orleans Community Schools | Orange County | 908 | $12,427 |
| Brownsburg Community School Corp | Hendricks County | 10,172 | $12,426 |
| Pioneer Regional School Corp | Cass County | 941 | $12,425 |
| South Montgomery Com Sch Corp | Montgomery County | 1,647 | $12,417 |
| Plymouth Community School Corp | Marshall County | 3,275 | $12,399 |
| Warsaw Community Schools | Kosciusko County | 6,734 | $12,365 |
| Hamilton Southeastern Schools | Hamilton County | 21,612 | $12,362 |
| Perry Central Com Schools Corp | Perry County | 1,285 | $12,338 |
| Danville Community School Corp | Hendricks County | 2,631 | $12,334 |
| MSD Lawrence Township | Marion County | 16,414 | $12,332 |
| Crawford County Community Sch Corp | Crawford County | 1,344 | $12,325 |
| Burris Laboratory School | Delaware County | 681 | $12,319 |
| Shelby Eastern Schools | Shelby County | 1,213 | $12,317 |
| Smith-Green Community Schools | Whitley County | 1,132 | $12,313 |
| Greencastle Community School Corp | Putnam County | 1,806 | $12,284 |
| Northeast School Corp | Sullivan County | 770 | $12,278 |
| Southwestern-Jefferson Co Con | Jefferson County | 1,277 | $12,277 |
| Switzerland County School Corp | Switzerland County | 1,483 | $12,271 |
| Paoli Community School Corp | Orange County | 1,273 | $12,258 |
| Triton School Corporation | Marshall County | 946 | $12,253 |
| MSD North Posey Co Schools | Posey County | 1,437 | $12,244 |
| East Allen County Schools | Allen County | 10,090 | $12,242 |
| Options Charter Schools | Hamilton County | 933 | $12,221 |
| Delphi Community School Corp | Carroll County | 1,361 | $12,220 |
| Mt Vernon Community School Corp | Hancock County | 4,677 | $12,211 |
| Clinton Central School Corporation | Clinton County | 867 | $12,203 |
| Union-North United School Corp | St. Joseph County | 1,228 | $12,198 |
| MSD Decatur Township | Marion County | 6,709 | $12,193 |
| Rush County Schools | Rush County | 1,958 | $12,162 |
| Crown Point Community School Corp | Lake County | 9,064 | $12,153 |
| Eastern Hancock Co Com Sch Corp | Hancock County | 1,179 | $12,151 |
| Greenfield-Central Com Schools | Hancock County | 4,393 | $12,144 |
| South Putnam Community Schools | Putnam County | 1,101 | $12,141 |
| Carroll Consolidated School Corp | Carroll County | 1,043 | $12,106 |
| South Knox School Corp | Knox County | 1,247 | $12,102 |
| Delaware Community School Corp | Delaware County | 2,594 | $12,100 |
| School City of Hobart | Lake County | 4,014 | $12,086 |
| Garrett-Keyser-Butler Com Sch Corp | DeKalb County | 1,675 | $12,053 |
| West Noble School Corporation | Noble County | 2,177 | $12,040 |
| Zionsville Community Schools | Boone County | 7,906 | $12,024 |
| MSD Steuben County | Steuben County | 2,607 | $12,017 |
| Washington Community Schools | Daviess County | 2,461 | $12,014 |
| Success Academy Primary School | St. Joseph County | 604 | $11,972 |
| Clinton Prairie School Corporation | Clinton County | 1,193 | $11,936 |
| West Washington School Corp | Washington County | 934 | $11,921 |
| Franklin Community School Corp | Johnson County | 4,938 | $11,894 |
| Wes-Del Community Schools | Delaware County | 861 | $11,885 |
| Warrick County School Corp | Warrick County | 10,122 | $11,885 |
| Herron Charter | Marion County | 995 | $11,855 |
| Argos Community Schools | Marshall County | 689 | $11,836 |
| Logansport Community Sch Corp | Cass County | 4,393 | $11,822 |
| Taylor Community School Corp | Howard County | 1,300 | $11,822 |
| Dugger Union Community School Corp | Sullivan County | 567 | $11,815 |
| Bremen Public Schools | Marshall County | 1,472 | $11,810 |
| Noblesville Schools | Hamilton County | 10,578 | $11,810 |
| Batesville Community School Corp | Franklin County | 2,227 | $11,790 |
| Greater Jasper Consolidated Schs | Dubois County | 3,273 | $11,789 |
| Concord Community Schools | Elkhart County | 5,348 | $11,779 |
| North West Hendricks Schools | Hendricks County | 1,966 | $11,770 |
| Fairfield Community Schools | Elkhart County | 2,173 | $11,731 |
| Adams Central Community Schools | Adams County | 1,340 | $11,707 |
| Greater Clark County Schools | Clark County | 10,269 | $11,695 |
| C A Beard Memorial School Corp | Henry County | 1,068 | $11,683 |
| Kankakee Valley School Corp | Jasper County | 3,243 | $11,668 |
| South Henry School Corp | Henry County | 753 | $11,661 |
| Nettle Creek School Corporation | Wayne County | 1,154 | $11,658 |
| Tell City-Troy Twp School Corp | Perry County | 1,400 | $11,655 |
| Loogootee Community Sch Corp | Martin County | 750 | $11,629 |
| Yorktown Community Schools | Delaware County | 2,719 | $11,620 |
| School City of Mishawaka | St. Joseph County | 5,128 | $11,614 |
| Western School Corporation | Howard County | 2,543 | $11,600 |
| Vincennes Community School Corp | Knox County | 2,836 | $11,586 |
| Community Schools of Frankfort | Clinton County | 3,011 | $11,575 |
| North Vermillion Com Sch Corp | Vermillion County | 673 | $11,565 |
| Tri-Central Community Schools | Tipton County | 787 | $11,546 |
| Valparaiso Community Schools | Porter County | 6,382 | $11,533 |
| Barr-Reeve Community Schools Inc | Daviess County | 1,016 | $11,531 |
| School City of Whiting | Lake County | 1,102 | $11,523 |
| Liberty-Perry Community Sch Corp | Delaware County | 1,182 | $11,519 |
| Southwestern Con Sch Shelby Co | Shelby County | 634 | $11,500 |
| Cowan Community School Corp | Delaware County | 791 | $11,494 |
| Lawrenceburg Community School Corp | Dearborn County | 2,120 | $11,479 |
| Tippecanoe School Corp | Tippecanoe County | 13,616 | $11,453 |
| North Putnam Community Schools | Putnam County | 1,372 | $11,437 |
| Shenandoah School Corporation | Henry County | 1,332 | $11,420 |
| Tri-Creek School Corporation | Lake County | 3,269 | $11,406 |
| Greensburg Community Schools | Decatur County | 2,149 | $11,389 |
| Hamilton Heights School Corp | Hamilton County | 2,307 | $11,383 |
| Greenwood Community Sch Corp | Johnson County | 3,963 | $11,373 |
| Caston School Corporation | Fulton County | 835 | $11,362 |
| MSD Southwest Allen County Schls | Allen County | 7,853 | $11,322 |
| Daleville Community Schools | Delaware County | 1,018 | $11,311 |
| MSD Warren County | Warren County | 1,388 | $11,308 |
| Rossville Con School District | Clinton County | 960 | $11,290 |
| South Dearborn Community Sch Corp | Dearborn County | 1,966 | $11,268 |
| Northwestern School Corp | Howard County | 1,853 | $11,253 |
| Northern Wells Community Schools | Wells County | 2,464 | $11,198 |
| Eastbrook Community Sch Corp | Grant County | 1,668 | $11,196 |
| Edinburgh Community School Corp | Johnson County | 837 | $11,185 |
| Western Boone Co Com Sch Dist | Boone County | 1,642 | $11,154 |
| Penn-Harris-Madison School Corp | St. Joseph County | 11,360 | $11,141 |
| Nineveh-Hensley-Jackson United | Johnson County | 2,096 | $11,120 |
| Southeast Dubois Co Sch Corp | Dubois County | 1,254 | $11,120 |
| Center Grove Community School Corp | Johnson County | 9,537 | $11,112 |
| South Central Com School Corp | LaPorte County | 950 | $11,103 |
| Bloomfield School District | Greene County | 858 | $11,073 |
| Tipton Community School Corp | Tipton County | 1,442 | $11,049 |
| Shoals Community School Corp | Martin County | 669 | $11,048 |
| MSD Boone Township | Porter County | 1,072 | $11,045 |
| Franklin Township Com Sch Corp | Marion County | 11,212 | $11,021 |
| Scott County School District 1 | Scott County | 1,319 | $11,019 |
| South Madison Com Sch Corp | Madison County | 4,456 | $10,980 |
| Silver Creek School Corporation | Clark County | 3,144 | $10,959 |
| Centerville-Abington Com Schs | Wayne County | 1,777 | $10,958 |
| John Glenn School Corporation | St. Joseph County | 2,012 | $10,952 |
| School Town of Highland | Lake County | 3,007 | $10,938 |
| Southern Wells Com Schools | Wells County | 889 | $10,929 |
| Northwest Allen County Schools | Allen County | 8,184 | $10,914 |
| Baugo Community Schools | Elkhart County | 1,775 | $10,808 |
| Vigo County School Corp | Vigo County | 13,787 | $10,792 |
| Monroe Central School Corp | Randolph County | 1,083 | $10,777 |
| East Porter County School Corp | Porter County | 2,408 | $10,771 |
| Merrillville Community School Corp | Lake County | 6,004 | $10,733 |
| Eastern Howard School Corporation | Howard County | 1,634 | $10,726 |
| Salem Community Schools | Washington County | 1,745 | $10,700 |
| Hanover Community School Corp | Lake County | 2,734 | $10,685 |
| Northeastern Wayne Schools | Wayne County | 1,357 | $10,648 |
| River Forest Community Sch Corp | Lake County | 1,646 | $10,637 |
| East Noble School Corporation | Noble County | 3,417 | $10,595 |
| Hammond Academy of Science & Tech | Lake County | 564 | $10,578 |
| Madison-Grant United School Corp | Grant County | 1,561 | $10,573 |
| Mooresville Con School Corp | Morgan County | 4,356 | $10,527 |
| Lanesville Community School Corp | Harrison County | 744 | $10,522 |
| Hoosier College and Career Academy | Marion County | 740 | $10,489 |
| Randolph Southern School Corp | Randolph County | 522 | $10,481 |
| MSD Shakamak Schools | Greene County | 674 | $10,455 |
| DeKalb Co Ctl United Sch Dist | DeKalb County | 3,641 | $10,445 |
| Northwestern Con School Corp | Shelby County | 1,409 | $10,408 |
| Oak Hill United School Corp | Grant County | 1,627 | $10,396 |
| Monroe-Gregg School District | Morgan County | 1,558 | $10,343 |
| Purdue Polytechnic High School Ind | Marion County | 567 | $10,323 |
| Seymour Community Schools | Jackson County | 5,343 | $10,276 |
| MSD of New Durham Township | LaPorte County | 944 | $10,258 |
| Knox Community School Corp | Starke County | 1,746 | $10,246 |
| MSD Wabash County Schools | Wabash County | 2,266 | $10,128 |
| MSD Bluffton-Harrison | Wells County | 1,803 | $10,124 |
| North Harrison Com School Corp | Harrison County | 2,141 | $10,093 |
| Middlebury Community Schools | Elkhart County | 4,231 | $10,051 |
| Whitley County Con Schools | Whitley County | 3,617 | $10,015 |
| Plainfield Community School Corp | Hendricks County | 5,854 | $9,973 |
| Linton-Stockton School Corporation | Greene County | 1,400 | $9,967 |
| Southern Hancock Co Com Sch Corp | Hancock County | 3,863 | $9,856 |
| Discovery Charter School | Porter County | 569 | $9,794 |
| Community Montessori Inc | Floyd County | 506 | $9,777 |
| Porter Township School Corp | Porter County | 1,527 | $9,769 |
| Cloverdale Community Schools | Putnam County | 1,686 | $9,654 |
| Seven Oaks Classical School | Monroe County | 512 | $9,471 |
| New Prairie United School Corp | LaPorte County | 2,910 | $9,444 |
| North Spencer County Sch Corp | Spencer County | 2,118 | $9,379 |
| Rock Creek Community Academy | Clark County | 661 | $9,339 |
| Frankton-Lapel Community Schools | Madison County | 3,090 | $9,174 |
| Union School Corporation | Randolph County | 7,238 | $8,477 |
| Indiana Connections Academy | Marion County | 5,784 | $7,989 |
| Clarksville Community School Corp | Clark County | 4,027 | $6,096 |
| Indiana Connections Career Academy | Marion County | 745 | $5,340 |
| Excel Center for Adult Learners | Marion County | 1,219 | $4,606 |