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-rate tuition. We also launched MoneySmarts—a nationally recognized financial literacy program—and made students’ debt letters more understandable. In 2020-2021, 57% of bachelor's degree recipients graduated without debt. Over half the recipients of bachelor's degrees Since 2011, students at Indiana University’s seven campuses have reduced their borrowing by 26%.

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.

74%of undergraduates received scholarships, grants, or other gift aid in 2020-2021

76%of graduate students received fellowships or other gift aid in 2020-2021

IU Bloomington’s tuition is in the lower half of Big Ten research universities.

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 (FAFSA), 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.

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 helps you establish good money habits, fight back against debt, and make informed financial decisions before, during, and after college.

Calculate your costs. Educate yourself through articles and podcasts. You can even consult one of our experts.

Go to MoneySmarts