"[2] As a senior, he averaged 28 points per game and earned Indiana's "Mr. Basketball" award as he led his team to the state runner-up spot.

[5] As a sophomore under coach Ed Jucker, Bonham averaged 14.3 points per game,[6] led the Bearcats with a .760 free throw percentage and was named All-Missouri Valley Conference (MVC).

Led by Bonham, Tom Thacker, George Wilson, Tony Yates and Paul Hogue, on March 24, 1962, they won their second consecutive NCAA championship with a 71–59 win over Ohio State.

[6] As a junior in 1962–63, Bonham led the Bearcats in scoring with 21.0 points per game and in free throw percentage at .892, again earning All-MVC honors.

[6] As a senior, he again led the Bearcats in scoring with a 24.4 average and a .819 free throw percentage and was co-team MVP with George Wilson.

[7] He did, however, win a championship ring as the Celtics went 62–18 and won the NBA title with a five-game series victory over the Los Angeles Lakers.

[10] On June 30, 2012, upon his retirement, the City of Muncie declared it "Ron Bonham Day" for all he has accomplished and meant to the area.