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#5 Best Public Universities in Indiana

IPFW Tuition & Cost

Fort Wayne, Indiana

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How much does it cost to attend?

In State Indiana Resident Sticker Price
$22,244
In State Costs for Indiana University Purdue University Fort Wayne
Fee Cost
Tuition$7,593
Books and Supplies$1,240
Other Fees$1,137
Room and Board $8,765
Other Expenses Budget$3,509
Out of State Resident Sticker Price
$34,475
Out of State Costs for Indiana University Purdue University Fort Wayne
Fee Cost
Tuition$19,824
Books and Supplies$1,240
Other Fees$1,137
Room and Board $8,765
Other Expenses Budget$3,509

Residents of Indiana pay an annual total price of $22,244 to attend Indiana University Purdue University Fort Wayne on a full time basis. This fee is comprised of $7,593 for tuition, $8,765 room and board, $1,240 for books and supplies and $1,137 for other fees.

Out of state residents are charged a total cost of $34,475 which is 55% higher than Indiana residents. The tuition charge is $19,824 while room and board is $8,765, books and supplies are $1,240 and other fees come in at $1,137.

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 Purdue University Fort Wayne when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$12,071
Net Price by Income Indiana University Purdue University Fort Wayne
Family Income Net Price Paid
$0 to $30,000$7,414
$30,001 to $48,000$8,427
$48,001 to $75,000$13,015
$75,001 to $110,000$16,322
$110,000+$16,381

The average reported annual net price for Indiana University Purdue University Fort Wayne for students receiving grants or scholarship aid was $12,071 in 2019/2020. 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

96% of full-time undergrad Indiana University Purdue University Fort Wayne received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,210 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 44% of students received Federal Student Loans averaging $4,631 and 4% of undergrads took out private student loans averaging $8,145.

Finanical Aid Indiana University Purdue University Fort Wayne
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,210 96%
Institutional Grants and Scholarships $2,759 80%
Pell Grants $4,651 42%
Other Federal Grants $1,463 29%
State and Local Grants $5,429 38%
Federal Student Loans $4,631 44%
Other Student Loans $8,145 4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Indiana University Purdue University Fort Wayne, we've modeled a ten year student loan with an original principal value of $52,232. The loan balance of $52,232 is a four year multiple of the $13,058 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 $498 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 $52,232
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $498.35
Total Interest Paid $7,570.11
Sum of All Loan Payments $59,802.11

Projected 4 Year Degree Price

4 Year Sticker Price
$88,976
Year Indiana Residents Non Residents
1 $22,244 $34,475
2 $22,585 $35,004
3 $22,932 $35,541
4 $23,284 $36,086

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Indiana University Purdue University Fort Wayne to be $88,976 - assuming graduation in normal time. The estimation assumes a 1.5% 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 Purdue University Fort Wayne
Price Per Credit 3 Credit Class 4 Credit Class
Indiana Residents $291 $873 $1,164
Out of State Residents $699 $2,097 $2,796

Estimated cost for a class at Indiana University Purdue University Fort Wayne 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 Purdue University Fort Wayne versus other colleges.

Tuition Payment Plans Available

Indiana University Purdue University Fort Wayne 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=151102 IPEDS survey data for Indiana University Purdue University Fort Wayne.