Cost & Financial Aid

Cost is important, and so is value

What’s the value of an IU Bloomington education? It’s employability—IU graduates get jobs, at employers big and small, in Indiana and worldwide. It’s a professional network of more than 760,000 alumni who can lend a hand throughout your career. And it’s the satisfaction of doing what you love.

61%of undergraduates graduate debt free

93% of graduates accept full-time employment or continue their education upon graduation

Tuition and fees

IU cost of attendance, 2023–24 full-time undergraduate

Item

Indiana residents

Nonresidents

Tuition and fees

$11,790

$40,480

Housing and food

$13,380

$13,380

Total direct costs

$25,170

$53,860

Books

$690

$690

Transportation

$840

$840

Personal expenses

$2,200

$2,200

Total indirect costs

$3,730

$3,730

Total cost of attendance

$28,900

$57,590

Actual costs for housing and food, books and supplies, transportation, and personal expenses vary by student, based on student choice, travel habits, and academic program.

Most students do not pay the full price: 83% of students received financial aid in 2021–2022.

How IU tuition works

At IU, you’ll pay a flat fee for tuition, which enables you to register for up to 40 credit hours across the fall, spring, and our August and winter intersessions—for the same cost. Select a topic below to learn more about what’s included in your IU tuition and how to manage costs and make the most of your investment.

Most degree programs require you to average 15.5 credit hours per semester to graduate in the traditional eight semesters (four years). Most classes are 3 credit hours. Additionally, if you are using financial aid, you may be required to be enrolled in a minimum number of credit hours per semester.

No. The flat-rate tuition costs noted above include the academic year (fall and spring semesters) and both the August and winter intersessions. Summer classes charge per credit hour.

If you are planning to take summer classes , you may be eligible for additional financial Check the Student Central Summer Aid page for more information on finding financial aid for summer classes.

Yes. IU awards advanced placement, credit, and exemption for test results and college courses you completed in high school. These can allow you to more easily complete a second major, minor, or a certificate and graduate in eight semesters.

Learn more about advanced placement, credit, and exemptions

Housing and meal plan costs vary. IU Housing and IU Dining offer multiple price points and options so you can make selections that work for you.

Learn more about housing costs
Learn more about meal plan costs

International students have different tuition, fees, and estimated expenses. Visit the Office of International Services for more information.

You will receive an annual debt letter from IU that tells you how much you’ve borrowed and what your expected loan payments will be.

MoneySmarts

IU Bloomington is helping students learn how to make smart financial decisions to help manage costs and minimize debt with MoneySmarts. This program, administered by IU’s Office of Financial Wellness and Education, contains an online financial literacy course (required for new students), tips and interactive lessons, podcasts, calculators to help estimate your budget and potential loan payments, and opportunities to meet with financial experts to help you stay on the path to financial wellbeing.

Build your money smarts

Headshot of Andreina T.

"Flat-rate tuition has helped me to save money by taking my perfect number of credit hours each semester, without paying any extra tuition. It allows you to take all the classes you need for your major, your minor, and even other fun classes, all at the same price."

Andreina T.Class of 2023

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