We understand that costs and financial aid are an important part of
your college decision. IU is committed to keeping our tuition as
affordable as possible, while offering more than $225 million in financial
aid each year. To get an estimate of the cost of an IU education, see
our
Tuition and Fees information.
Financial Aid
Close to 60 percent of our students receive some form of financial
assistance, and they're not just straight-A students, star athletes,
or low-income students. We offer a variety of scholarships, grants, loans,
and employment opportunities to help you finance your IU education.
Applying is free, and aid is awarded both to students with a demonstrated
financial need and those with a record of high achievement.
Determining Residency Status and Tuition Rates
IU is a state-funded public university. As a result,
in-state students and out-of-state
students pay different rates for tuition.
Initial residency status (for tuition purposes) is determined by the
information you provide on your application for admission. In general,
U.S. citizens or permanent residents who are under 21 years of age are
eligible for resident student status (and in-state tuition rates) if their
parents or legal guardians reside in Indiana. In cases of separation or
divorce, if one parent resides in Indiana, the student may qualify for
Indiana residency and therefore in-state tuition.
Students who are 21 years of age are eligible for resident student
status (and in-state tuition rates) after they have been physically
present in Indiana for at least 12 months without the predominant purpose
of higher education, and therefore have established their own
residency.
For detailed information regarding residency classifications, refer to
the IU Bulletin.
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