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#6 Best Public Universities in Indiana

IU Kokomo Tuition & Cost

Kokomo, Indiana

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How much does it cost to attend?

In State Indiana Resident Sticker Price
$20,633
In State Costs for Indiana University Kokomo
Fee Cost
Tuition$6,895
Books and Supplies$1,110
Other Fees$632
Estimated Off Campus Cost of Living $7,932
Other Expenses Budget$4,064
Out of State Resident Sticker Price
$33,084
Out of State Costs for Indiana University Kokomo
Fee Cost
Tuition$19,346
Books and Supplies$1,110
Other Fees$632
Estimated Off Campus Cost of Living $7,932
Other Expenses Budget$4,064

Residents of Indiana pay an annual total price of $20,633 to attend Indiana University Kokomo on a full time basis. This fee is comprised of $6,895 for tuition, $1,110 for books and supplies and $632 for other fees.

Out of state residents are charged a total cost of $33,084 which is 60.3% higher than Indiana residents. The tuition charge is $19,346 while books and supplies are $1,110 and other fees come in at $632.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

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

Average Net Price 2018/2019
$8,629
Net Price by Income Indiana University Kokomo
Family Income Net Price Paid
$0 to $30,000$4,360
$30,001 to $48,000$6,049
$48,001 to $75,000$10,869
$75,001 to $110,000$14,730
$110,000+$15,358

The average reported annual net price for Indiana University Kokomo for students receiving grants or scholarship aid was $8,629 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

66% of full-time undergrad Indiana University Kokomo received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,757 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 41% of students received Federal Student Loans averaging $5,011 and 2% of undergrads took out private student loans averaging $6,272.

Finanical Aid Indiana University Kokomo
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,757 66%
Institutional Grants and Scholarships $2,207 32%
Pell Grants $4,654 44%
Other Federal Grants $468 11%
State and Local Grants $5,465 43%
Federal Student Loans $5,011 41%
Other Student Loans $6,272 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Indiana University Kokomo, we've modeled a ten year student loan with an original principal value of $33,348. The loan balance of $33,348 is a four year multiple of the $8,337 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 $318 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 $33,348
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $318.18
Total Interest Paid $4,833.20
Sum of All Loan Payments $38,181.20

Projected 4 Year Degree Price

4 Year Sticker Price
$82,532
Year Indiana Residents Non Residents
1 $20,633 $33,084
2 $21,081 $33,802
3 $21,538 $34,536
4 $22,006 $35,285

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Indiana University Kokomo to be $82,532 - assuming graduation in normal time. The estimation assumes a 2.2% 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 Kokomo
Price Per Credit 3 Credit Class 4 Credit Class
Indiana Residents $230 $690 $920
Out of State Residents $645 $1,935 $2,580

Estimated cost for a class at Indiana University Kokomo 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 Kokomo versus other colleges.

Tuition Payment Plans Available

Indiana University Kokomo Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=151333 IPEDS survey data for Indiana University Kokomo.