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#13 Best Private Colleges in Indiana

University of Indianapolis Tuition & Cost

Indianapolis, Indiana

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How much does it cost to attend?

Sticker Price
$47,752
Costs for University of Indianapolis
Fee Cost
Tuition$30,888
Books and Supplies$1,140
Other Fees$1,380
Room and Board $10,972
Other Expenses Budget$3,372

Annual Prices

The annual list price to attend University of Indianapolis on a full time basis for 2020/2021 is $47,752 for all students regardless of their residency. This fee is comprised of $30,888 for tuition, $10,972 room and board, $1,140 for books and supplies and $1,380 for other fees. Out of state tuition for University of Indianapolis is $30,888, the same as Indiana residents.

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 University of Indianapolis when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$20,441
Net Price by Income University of Indianapolis
Family Income Net Price Paid
$0 to $30,000$14,124
$30,001 to $48,000$14,716
$48,001 to $75,000$19,835
$75,001 to $110,000$24,627
$110,000+$26,813

The average reported annual net price for University of Indianapolis for students receiving grants or scholarship aid was $20,441 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

100% of full-time undergrad University of Indianapolis received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $24,290 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 68% of students received Federal Student Loans averaging $5,566 and 11% of undergrads took out private student loans averaging $12,949.

Finanical Aid University of Indianapolis
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $24,290 100%
Institutional Grants and Scholarships $18,044 100%
Pell Grants $4,897 47%
Other Federal Grants $411 41%
State and Local Grants $7,377 51%
Federal Student Loans $5,566 68%
Other Student Loans $12,949 11%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Indianapolis, we've modeled a ten year student loan with an original principal value of $75,840. The loan balance of $75,840 is a four year multiple of the $18,960 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 $724 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 $75,840
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $723.60
Total Interest Paid $10,991.67
Sum of All Loan Payments $86,831.67

Projected 4 Year Degree Price

4 Year Sticker Price
$191,008
Year All Residents
1 $47,752
2 $49,587
3 $51,492
4 $53,471

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Indianapolis to be $191,008 - assuming graduation in normal time. The estimation assumes a 3.8% 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 University of Indianapolis
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,288 $3,864 $5,152

Estimated cost for a class at University of Indianapolis 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 University of Indianapolis versus other colleges.

Tuition Payment Plans Available

University of Indianapolis 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=151263 IPEDS survey data for University of Indianapolis.