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#2 Best Public Universities in Indiana

IU Tuition & Cost

Bloomington, Indiana

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How much does it cost to attend?

In State Indiana Resident Sticker Price
$26,187
In State Costs for Indiana University Bloomington
Fee Cost
Tuition$9,815
Books and Supplies$930
Other Fees$1,406
Room and Board $11,206
Other Expenses Budget$2,830
Out of State Resident Sticker Price
$52,566
Out of State Costs for Indiana University Bloomington
Fee Cost
Tuition$36,194
Books and Supplies$930
Other Fees$1,406
Room and Board $11,206
Other Expenses Budget$2,830

Residents of Indiana pay an annual total price of $26,187 to attend Indiana University Bloomington on a full time basis. This fee is comprised of $9,815 for tuition, $11,206 room and board, $930 for books and supplies and $1,406 for other fees.

Out of state residents are charged a total cost of $52,566 which is 100.7% higher than Indiana residents. The tuition charge is $36,194 while room and board is $11,206, books and supplies are $930 and other fees come in at $1,406.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Indiana University Bloomington when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$13,191
Net Price by Income Indiana University Bloomington
Family Income Net Price Paid
$0 to $30,000$5,752
$30,001 to $48,000$7,061
$48,001 to $75,000$12,369
$75,001 to $110,000$20,234
$110,000+$22,806

The average reported annual net price for Indiana University Bloomington for students receiving grants or scholarship aid was $13,191 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

78% of full-time undergrad Indiana University Bloomington received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,213 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 34% of students received Federal Student Loans averaging $5,033 and 7% of undergrads took out private student loans averaging $18,554.

Finanical Aid Indiana University Bloomington
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $11,213 78%
Institutional Grants and Scholarships $8,384 61%
Pell Grants $4,811 19%
Other Federal Grants $1,362 24%
State and Local Grants $7,684 19%
Federal Student Loans $5,033 34%
Other Student Loans $18,554 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Indiana University Bloomington, we've modeled a ten year student loan with an original principal value of $41,296. The loan balance of $41,296 is a four year multiple of the $10,324 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $394 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $41,296
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $394.01
Total Interest Paid $5,985.13
Sum of All Loan Payments $47,281.13

Projected 4 Year Degree Price

4 Year Sticker Price
$104,748
Year Indiana Residents Non Residents
1 $26,187 $52,566
2 $26,607 $53,408
3 $27,033 $54,264
4 $27,466 $55,133

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Indiana University Bloomington to be $104,748 - assuming graduation in normal time. The estimation assumes a 1.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Indiana University Bloomington
Price Per Credit 3 Credit Class 4 Credit Class
Indiana Residents $307 $921 $1,228
Out of State Residents $1,131 $3,393 $4,524

Estimated cost for a class at Indiana University Bloomington based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Indiana University Bloomington versus other colleges.

Tuition Payment Plans Available

Indiana University Bloomington Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=151351 IPEDS survey data for Indiana University Bloomington.