Indiana University Bloomington Tuition and Fees

Indiana University Bloomington Tuition and Fees

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      By Kelly Boyer Sagert

      (Last Updated – 06/2025)

      Indiana University is known for its innovative academic programs, and for being the first to feature an informatics school. Located on a beautiful campus in Bloomington, IU offers a variety of excellent music and arts degrees. U.S. News & World Report rates it #34 on its list of top public universities. The school is also home to international student organizations and is known as being an LGBTQ+-friendly campus. Plus, if you love sports, the Hoosiers provide plenty of exciting athletic competitions.

      Total Cost of Attendance

      Here’s a close-up look at how much it costs to attend Indiana University Bloomington.

      Costs for 2024-25

      Student Type

      In-State

      Out-of-State

      Tuition & Fees

      $12,144

      $41,891

      Books & Supplies

      $1,250

      $1,250

      Room & Board

      $13,984

      $13,984

      Other Expenses

      $3,224

      $3,224

      Total Cost of Attendance

      $30,602

      $60,349

      As a point of comparison, the national average cost for public four-year universities was $28,840 per year for in-state students and $46,730 for out-of-state students, putting IU’s costs above the average.

      Financial Aid

      In the 2022-23 school year, 83% of IU students received some sort of financial aid with 69% of them receiving grants or scholarships. A few highlights:

      •  Grant or scholarship aid averaged $9,857 per student

      •  Pell grants averaged $5,293 per student

      •  State/local government grant/scholarship averaged $7,529 per student

      •  Almost a third (31%) of students obtained federal student loans, averaging $5,022 per student

      Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

      The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

      •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and/or financial need.

      •  Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.

      •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

      •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

      Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

      You can find other financial aid opportunities on databases such as:

      •  US Department of Education – Search for grants from colleges and universities by state

      •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

      Recommended: The Differences Between Grants, Scholarships, and Loans

      Private Student Loans

      Private student loans were obtained by 7% of Indiana University students, averaging $21,181 per student. The IU financial aid office offers to help students make savvy decisions about their use of private student loans, but does not offer specifics online.

      Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

      What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

      Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.

      If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your student loan to process and for your lender to send money to your school.

      Recommended: Guide to Private Student Loans

      Projected 4-Year-Degree Price

      For in-state students, a four-year degree would cost $122,408, based on 2024-25 prices. For out-of-state students, the amount would be $241,396. It’s reasonable to add a 1% increase annually based on past history.

      Here’s some Indiana Student Loan & Scholarship Information for you.

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      Undergraduate Tuition and Fees

      Costs for 2024-25

      Student Type

      In-State

      Out-of-State

      Tuition & Fees

      $12,144

      $41,891

      Books

      $1,250

      $1,250

      Total

      $13,394

      $43,141

      Average total costs for tuition and fees at a four-year public university in 2024-25 were $13,394 for in-state students and $43,141 for out-of-state students, making an Indiana education costlier than the norm.

      Graduate Tuition and Fees

      Costs for 2024-25

      Student Type

      In-State

      Out-of-State

      Tuition

      $10,234

      $31,932

      Fees

      $1,522

      $1,435

      Total Cost of Attendance

      $11,756

      $33,367

      >In-state graduate school costs averaged $11,756, and out-of-state costs averaged $33,367 at IU. To compare, the average master’s student in the U.S. spends $21,730 each year on school. There are graduate loans available to help with these costs.

      Cost per Credit Hour

      IU tuition is on a per-credit basis. For in-state undergraduates, getting a bachelor’s degree at IU costs approximately $392 per credit hour. For out-of-state students, it can cost approximately $1,112 per credit hour.

      Campus Housing Expenses

      IU housing for the 2024-25 academic year was $13,984 for both in-state and out-state students to live on campus. The university lists $3,224 for other expenses related to living arrangements as well.

      The university notes that greater Indianapolis contains numerous apartment buildings where units can be rented and provides an off-campus housing guide. As a starting point, rent in Bloomington currently averages $1,109, according to Apartments.com. Note that leases may be for a full year rather than just the academic one.

      Indiana University Bloomington Acceptance Rate

      In fall 2023, the Indiana University acceptance rate was 80%. The university received 54,279 applications.

      Admission Requirements

      Students must have a high school diploma or an equivalent, which shares GPA, and a personal statement is typically needed. Recommendations, work experience, and the SAT or ACT are considered but not required.

      SAT and ACT Scores

      Indiana University considers SAT and ACT scores during the admissions process, when supplied by students, but does not require them. In fall 2023, 41% of applicants submitted SAT scores, and 16% of them submitted ACT scores; students admitted typically had the following scores:

      For submitted tests, here are the 25th and 75th percentiles:

      Subject

      25th Percentile

      75th Percentile

      SAT Evidence-Based
      Reading/Writing

      590

      690

      SAT Math

      580

      710

      ACT Composite

      27

      32

      ACT English

      26

      34

      ACT Math

      26

      31

      Graduation Rate

      Graduation rates for students who entered school in fall 2017 are:

      •  4 years: 71%

      •  6 years: 81%

      Post-Graduation Median Earnings

      Median earnings of IU grads is $63,742 vs. the U.S. average of $68,516.

      Bottom Line

      Indiana University Bloomington’s in-state tuition costs are somewhat higher for in-state students and significantly higher for out-of-state students vs. the national averages. However, it’s a top-ranked public school nationally, so it may be worth the extra expense. The university offers plenty of financial aid opportunities, including scholarships, grants, and federal and private student loans.

      SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

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