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#2 Best Public Universities in Iowa

ISU Tuition & Cost

Ames, Iowa

 2 Reviews

How much does it cost to attend?

In State Iowa Resident Sticker Price
$21,940
In State Costs for Iowa State University
Fee Cost
Tuition$8,042
Books and Supplies$1,041
Other Fees$1,278
Room and Board $9,149
Other Expenses Budget$2,430
Out of State Resident Sticker Price
$37,128
Out of State Costs for Iowa State University
Fee Cost
Tuition$23,230
Books and Supplies$1,041
Other Fees$1,278
Room and Board $9,149
Other Expenses Budget$2,430

Residents of Iowa pay an annual total price of $21,940 to attend Iowa State University on a full time basis. This fee is comprised of $8,042 for tuition, $9,149 room and board, $1,041 for books and supplies and $1,278 for other fees.

Out of state residents are charged a total cost of $37,128 which is 69.2% higher than Iowa residents. The tuition charge is $23,230 while room and board is $9,149, books and supplies are $1,041 and other fees come in at $1,278.

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

Average Net Price 2018/2019
$15,195
Net Price by Income Iowa State University
Family Income Net Price Paid
$0 to $30,000$10,054
$30,001 to $48,000$10,843
$48,001 to $75,000$14,161
$75,001 to $110,000$17,228
$110,000+$18,895

The average reported annual net price for Iowa State University for students receiving grants or scholarship aid was $15,195 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

82% of full-time undergrad Iowa State University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,063 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 50% of students received Federal Student Loans averaging $5,134 and 12% of undergrads took out private student loans averaging $11,594.

Finanical Aid Iowa State University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,063 82%
Institutional Grants and Scholarships $7,041 79%
Pell Grants $4,431 20%
Other Federal Grants $1,059 6%
State and Local Grants $4,428 1%
Federal Student Loans $5,134 50%
Other Student Loans $11,594 12%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Iowa State University, we've modeled a ten year student loan with an original principal value of $54,216. The loan balance of $54,216 is a four year multiple of the $13,554 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 $517 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 $54,216
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $517.28
Total Interest Paid $7,857.65
Sum of All Loan Payments $62,073.65

Projected 4 Year Degree Price

4 Year Sticker Price
$87,760
Year Iowa Residents Non Residents
1 $21,940 $37,128
2 $22,860 $38,685
3 $23,819 $40,307
4 $24,818 $41,998

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Iowa State University to be $87,760 - assuming graduation in normal time. The estimation assumes a 4.2% 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 Iowa State University
Price Per Credit 3 Credit Class 4 Credit Class
Iowa Residents $336 $1,008 $1,344
Out of State Residents $968 $2,904 $3,872

Estimated cost for a class at Iowa State University 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 Iowa State University versus other colleges.

Tuition Payment Plans Available

Iowa State University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=153603 IPEDS survey data for Iowa State University.