Indiana University-Bloomington
Bloomington, Indiana
Public
Recent News
Admissions Policies
Deposit & decision deadline (class of 2024)
June 1
Test-optional admissions ('20-'21)
Yes
Paying for Indiana University-Bloomington
Indiana University urges students to apply for financial aid early by submitting a FAFSA along with full application, including all of the supplemental materials to be considered for financial aid. IU offers need and merit-based financial aid through the Admissions Office. Types of aid that are awarded are scholarships, federal work-study opportunities, grants for Indiana residents, Indiana University students and federal grants, and federal student and parent loans, There are also additional types of aid available to help the diverse student population including international students financial aid options, international scholarships, non-traditional scholarship opportunities, studying abroad financial aid opportunities, and financial aid funding for summer classes. Students can also work on or off-campus by working in part-time jobs with partnerships through the university. Veterans can find information on financial aid opportunities here.
Students are able to estimate the cost of their education with the tuition estimator and can even take advantage of having questions answered by a student who has gone before them through the Talk to a Student Page. The Walter Center for Career Achievement with articles and information about career and finance topics to help students organize and understand their finances better.
Through the Office of Financial LIteracy is a well-rounded Financial Literacy Program called Money Smarts provides a huge and comprehensive array of options to help including resources, classes, videos, access to counseling, and an interactive cost calculator. Money Smarts U is an online course platform that students can sign up for that aims to teach financial management and information. It was designed by the University and a financial wellness planner. The course is designed for anyone from high school students to graduates and alumni to learn about personal finances and tailored to fit the lifestyle regardless of where a person is in their financial wellness journey. Even if you are not currently a student, you can access a free guest account and get access to this course platform. A Money Smarts Library of resources available to students on almost any imaginable financial related topic. Students, faculty, staff and alumni of any of the Indiana University campuses can consult an expert at Money Smarts for a confidential and free 30-minute session with financial trained “financial geeks,” also known as peer educators. Individuals can also request group presentations.
Financial Planning Tools with access to a financial student glossary, links to the Money Smarts page as well as tips and information to help students work to develop strategies to pay for school at Indiana University along with a link to connect with financial aid counselors and resources.
Indiana University-Bloomington Cost Breakdown
The total cost of attendance includes tuition and fees, books and supplies, and living expenses.
Tuition (in-state)
$10,947
Tuition (out-of-state)
$36,512
Room and board
$10,830
Books and supplies
$1,110
Fees
$0
Other
$2,770
Indiana University-Bloomington Financial Aid
The average student pays this amount per year.
Percentage of freshman students who receive some form of financial aid.
This school's financial aid meets 71 % of student's demonstrated need.
Indiana University-Bloomington Merit Scholarships
The average Indiana University-Bloomington merit scholarship for students without financial need
of Indiana University-Bloomington students without financial need receive a merit scholarship
Indiana University offers opportunities for its incoming students to be considered for merit scholarships. Indiana University Academic Scholarships are offered to incoming freshman through the Admissions Office as part of their application evaluation and based upon high school academic performance. All admissions applications materials must be submitted by November 1st for consideration of these scholarships. The first IU Academic Scholarship is the Dean's Scholarship provided to incoming freshman who are out-of-state. Scholarships range from $1,000-$11,000 and are renewable up to 8 semesters. The Provost's Scholarship is provided to incoming freshmen who are state residents of Indiana. Scholarships range from $1,000-$8,000 and are renewable up to 8 semesters.
Students who are entering the Jacob's School of Music will not be considered for these awards through the Office of Admissions. They will receive consideration of the Dean's and Provost's Scholarships through the Music School and it will be based upon both academic merit and need.
The Pathways Scholarship Program is available to students who received either the Dean's or Provost's Scholarship and finished their undergraduate education in less than 8 semesters. This program allows them to move forward at IU and use the additional scholarship funds toward continued education.
Some students will be notified through the admissions office that they have received an invitation to apply for additional merit scholarships through the Selective Scholarship Application. Students invited to complete this application are eligible to compete for another group of merit-based scholarships with varying eligibility requirements, amounts, and renewal terms.
For additional scholarship eligibility, all admitted students are also invited to search for additional departmental and office scholarship opportunities by accessing the "General Application" on the One.IU page.
The Cox Scholars Program is another way for students to earn merit-based scholarships. It is a donor-funded scholarship program and based upon academic performance as one its factors along with students able to maintain a part-time job while still producing academic excellence.
Indiana University-Bloomington Average Cost
Very few students pay the full price. Here's the average cost for students in different income brackets:
Indiana University-Bloomington Financial Health
Resources
Endowment (2019)
$2,486,037,209
Endowment per enrolled student (FTE)
$30,366
State financial support per student
$6,785
This is lower than the national average ( $7,523).
Indiana University-Bloomington Online Education
Share of Students Studying Online (Graduate and Undergraduate)
Equity
Likelihood that a student moved up two or more income quintiles.
Percent of first-time students receiving Pell Grants.
This is lower than the national average 31.0%
Relative to the market of potential students
Underrepresented
Black
White
Representative
Native American
Asian
Hispanic
Hawaiian
Multi-racial
Overrepresented
Indiana University-Bloomington Student Loans
The average student takes out this amount in student loans.
The percentage of students that repay their loans within 5 years.
The percentage of students that repay their loans within 7 years.
The percentage of families that default on their loans after 3 years.
Indiana University-Bloomington After College Salaries
After graduation, here's how the average salary of a Indiana University-Bloomington graduate grows over time:
Indiana University-Bloomington Admissions
SAT range:
1150 - 1360
ACT range:
24 - 31
Application fee:
$65
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About Our Data
The data and analysis above is sourced from the following reliable third party sources:
- - US Department of Education
- - ACCEPT: Admissions Community Cultivating Equity & Peace Today (deposit deadlines)
- - FairTest (testing policies)
- - National Association of College and University Business Officers (NACUBO) (endowment data)
- - National Center for Education Statistics
- - Opportunity Insights at Harvard University (mobility rates)
- - Peterson's
- - Public college-maintained websites
- - State Higher Education Executive Officers Association (SHEEO) (state funding data)
- - Urban Institute (racial representation data)
- - Photo Credit: McAnt, distributed under a CC BY-SA 3.0 license. Via Wikimedia: https://commons.wikimedia.org/wiki/File:IUSampleGates.JPG.
For more information, visit our Data page.
Our Financial Health information is designed to provide you with financial data on the private colleges you are considering. Our Post-Covid Resiliency Ratings are based on a data model described in more detail here as well as information from the independent third party sources we list above. Keep in mind, there may be additional public or private data which may make a college or university more or less financially resilient. We recommend that you request the most current financial information from the college or university you are considering so that you will have the most complete and current information available while evaluating the financial health of the institution and to inform your decision making process. All information and data we provide on this site is for informational purposes only and is not an endorsement, guarantee or other recommendation, whether favorable or unfavorable, regarding a particular institution. We make no representation or warranty regarding the information, all of which is provided free of charge and for informational purposes only.