#11 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

In State Costs for Indiana University Kokomo
Fee Cost
Books and Supplies$980
Other Fees$657
Estimated Off Campus Cost of Living $9,096
Other Expenses Budget$4,076

Out of State Resident Sticker Price

Out of State Costs for Indiana University Kokomo
Fee Cost
Books and Supplies$980
Other Fees$657
Estimated Off Campus Cost of Living $9,096
Other Expenses Budget$4,076

In-State Tuition

In-state tuition at Indiana University Kokomo for undergraduate students residing in Indiana is $7,170. Students will also need to budget for books and supplies, which typically amount to $980 annually. Other administrative or academic fees are $657 for the year. Additionally, students should plan an estimated $4,076 for other miscellaneous expenses throughout the year. In sum, residents attending Indiana University Kokomo full time should expect a total annual cost of $21,979.

Out-of-State Tuition

Undergraduate tuition at Indiana University Kokomo is $20,277 for out-of-state students. Additionally, out-of-state students are charged $980 for textbooks and educational resources, plus fees of $657. Students are advised to budget $4,076 for other expenses. When these costs are combined, annual out-of-state charges total $35,086. This figure is 59.6% higher than what Indiana residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Indiana University Kokomo for students receiving grants or scholarship aid was $10,066 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Indiana University Kokomo, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

Net Price by Income Indiana University Kokomo
Family Income Net Price Paid
$0 to $30,000$5,506
$30,001 to $48,000$6,875
$48,001 to $75,000$11,393
$75,001 to $110,000$14,507

Financial Aid

92% 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 $5,781 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 39% of students received Federal Student Loans averaging $4,677 and 3% of undergrads took out private student loans averaging $6,925.

Finanical Aid Indiana University Kokomo
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,781 92%
Institutional Grants and Scholarships $2,670 38%
Pell Grants $4,313 39%
Other Federal Grants $598 79%
State and Local Grants $5,267 38%
Federal Student Loans $4,677 39%
Other Student Loans $6,925 3%

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 $354 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 4.99%.

Example Loan $33,348
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $353.54
Total Interest Paid $9,077.32
Sum of All Loan Payments $42,425.32

Projected 4 Year Degree Price

4 Year Sticker Price

Year Indiana Residents Non Residents
1 $21,979 $35,086
2 $22,449 $35,836
3 $22,928 $36,601
4 $23,418 $37,383

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 $87,916 - assuming graduation in normal time. The estimation assumes a 2.1% 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 $239 $717 $956
Out of State Residents $676 $2,028 $2,704

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

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