Cost & Finances

The first of many ways we’ll help you make smart financial decisions

Let’s be honest: college is expensive. Where to go and what kinds of financial aid to accept are big decisions. And we want to help you make good ones.

We’ve taken big steps to keep your costs as low as possible, including increasing scholarship amounts and expanding the number of classes that undergraduates can take under our flat tuition rate. We’ve frozen undergraduate tuition for Indiana residents through 2016–17. We opened an Office of Financial Literacy. And we launched a nationally recognized financial literacy program and improved communication with our students about how much they’re borrowing—which has led students at seven Indiana University campuses to borrow $98.7 million less in loans from 2011–12 to 2015–16.

You should also consider another important factor: how IU Bloomington’s career-focused academics, extensive research opportunities, and leadership-enhancing student life set you up for a successful and fulfilling career.

The Fiske Guide to Colleges 2017 edition named IU a “best buy” among public universities.

57%

of undergraduates received scholarships, grants, or other gift aid in 2014–15

54%

of graduate students received fellowships or other gift aid in 2014–15

Another way to pay for college: financial aid

Beyond scholarships and fellowships, your financial aid options include grants, work-study jobs, and loans. Graduate students can also be associate instructors or assistants in their IU departments. Make sure to submit the Free Application for Federal Student Aid, which will determine how much aid you qualify to receive.

You can also earn money and get work experience through a part-time job on campus or in Bloomington.

Learn about financial aid for all students Learn about financial aid for international students

Build your financial savvy with MoneySmarts

Money matters can be confusing—especially when you’re making decisions that will affect you for years to come. MoneySmarts will help you make informed financial decisions and avoid excessive debt.

MoneySmarts talks about finances in a way you’ll understand, when and where you want to learn. Go to the website, listen to a podcast, take a class or workshop. You can even meet one-on-one with a student expert. We’ll help dollars make more sense.

Go to MoneySmarts