#8 Best Public Universities in Indiana

IU South Bend Tuition & Cost

South Bend, Indiana

 0 Reviews

How much does it cost to attend?

In State Indiana Resident Sticker Price
In State Costs for Indiana University South Bend
Fee Cost
Books and Supplies$930
Other Fees$648
Room and Board $8,958
Other Expenses Budget$2,642
Out of State Resident Sticker Price
Out of State Costs for Indiana University South Bend
Fee Cost
Books and Supplies$930
Other Fees$648
Room and Board $8,958
Other Expenses Budget$2,642

Residents of Indiana pay an annual total price of $20,245 to attend Indiana University South Bend on a full time basis. This fee is comprised of $7,067 for tuition, $8,958 room and board, $930 for books and supplies and $648 for other fees.

Out of state residents are charged a total cost of $33,104 which is 63.5% higher than Indiana residents. The tuition charge is $19,926 while room and board is $8,958, books and supplies are $930 and other fees come in at $648.

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 South Bend when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income Indiana University South Bend
Family Income Net Price Paid
$0 to $30,000$5,504
$30,001 to $48,000$6,544
$48,001 to $75,000$10,840
$75,001 to $110,000$14,660

The average reported annual net price for Indiana University South Bend for students receiving grants or scholarship aid was $9,446 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

92% of full-time undergrad Indiana University South Bend received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,123 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 38% of students received Federal Student Loans averaging $4,740 and 1% of undergrads took out private student loans averaging $8,513.

Finanical Aid Indiana University South Bend
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,123 92%
Institutional Grants and Scholarships $2,163 49%
Pell Grants $4,598 48%
Other Federal Grants $1,008 78%
State and Local Grants $5,212 46%
Federal Student Loans $4,740 38%
Other Student Loans $8,513 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Indiana University South Bend, we've modeled a ten year student loan with an original principal value of $37,964. The loan balance of $37,964 is a four year multiple of the $9,491 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 $362 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 $37,964
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $362.22
Total Interest Paid $5,502.21
Sum of All Loan Payments $43,466.21

Projected 4 Year Degree Price

4 Year Sticker Price
Year Indiana Residents Non Residents
1 $20,245 $33,104
2 $20,672 $33,802
3 $21,108 $34,515
4 $21,553 $35,243

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Indiana University South Bend to be $80,980 - 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 South Bend
Price Per Credit 3 Credit Class 4 Credit Class
Indiana Residents $236 $708 $944
Out of State Residents $664 $1,992 $2,656

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

Tuition Payment Plans Available

Indiana University South Bend 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=151342 IPEDS survey data for Indiana University South Bend.