Mercedes Indacochea Lozano (24 October 1889 - 24 February 1959) was a Peruvian academic. Her teaching career included different levels from primary grades to higher education. In 1956, the Peruvian government awarded her the Palmas Magisteriales. She is particularly remembered in Tacna, where she founded a Women's Normal School, and served as director of the National Women's College. Various schools in Barranco District, Tacna, Huacho, and Huaraz are named in her honor.