Costs
In-State
Out-of-State
Since IU Bloomington is a public university, there are different costs for in-state students and out-of-state students. The sticker price at IU Bloomington is $27,299 for in-state students in IN, and $54,318 for out-of-state students. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
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No Loan Policy at IU Bloomington
IU Bloomington is a no-loan school, which means that their financial aid packages offer students grants and scholarships in place of the federal loans that are typically part of a package. This means that their financial aid is more generous than most, and they help bridge the gap between cost and student need. Some no-loan schools offer this policy for all accepted students while others only extend it to students below a specific income level, or to in-state students. Be sure to check IU Bloomington's website for details on their No-Loan policy.
National Merit Scholarships
If you scored exceptionally high on the PSAT/NMSQT, you may have been named a National Merit Scholarship Finalist. Did you know that this distinction could earn you a scholarship at Indiana University-Bloomington? IU Bloomington offers scholarship money to National Merit Scholarship Finalists, although terms may vary. Some schools require you to list them as your first choice in order to receive the benefit, and others may impose additional need-based or academic requirements. Be sure to check IU Bloomington's website for more information!
Midwest Student Tuition Exchange
IU Bloomington is in a state that participates in the Midwest Student Exchange. That means that if you are a resident of Indiana, Kansas, Minnesota, Mississippi, Nebraska, North Dakota, Ohio, or Wisconsin, you may qualify for discounted tuition at IU Bloomington. This program applies to both private and public institutions, although the discount at private institutions is lower. Check their website for more information on eligibility and what your discount would be.
Indiana University-Bloomington Financial Aid
Students who are applying for financial aid at Indiana University-Bloomington need to submit the Free Application for Federal Student Aid (or FAFSA).The FAFSA opens up on October 1st, and students should apply as soon as they can! The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Indiana University-Bloomington is 001809.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
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Pell Grants at Indiana University-Bloomington
19% of students at Indiana University-Bloomington receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Indiana University-Bloomington.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
IU Bloomington students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Indiana University-Bloomington Financial Aid Resources
If you are looking for more information about financial aid and scholarships at IU Bloomington or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch: