Federal
Federal Pell Grant
Up to $7,395 a year (2026–27)
Who qualifies: undergraduates with financial need, based on the FAFSA. It never has to be repaid.
How: file the FAFSA.
Official rules →Paying for college · Bloomington, IN
How students pay for Indiana University
Sticker price $30,517 a year. After grants, the average student pays $16,003, and what you pay depends on your family's income: anywhere from $6,683 to $27,092.
- 78%admitted
- 37,806undergraduates
- 80%graduate
- 70%get a grant from the school
Free tuition program
Crimson Commitment Grant
Who: Indiana residents with unmet need and family AGI of $80,000 or less, enrolled full time and continuously; open to new first-year, transfer and continuing IU Bloomington students (new for fall 2026) What: Covers the remaining tuition and mandatory fees after other eligible aid; awarded automatically when the FAFSA is filed by April 15
Official details →What it costs, by family income
Average yearly net price for first-time, full-time students who received federal aid, paying in-state tuition. Tap your bracket.
Out-of-state tuition is $42,295 a year versus $12,144 for Indiana residents, so non-residents usually pay far more than these figures.
Where the money comes from
Share of first-year students receiving each type of aid, and the average amount.
70%grant from Indiana Universityavg $7,058
17%Federal Pell Grantavg $5,293
17%state grantavg $7,529
31%federal student loanavg $5,022
Scholarships from Indiana University
Awards the school itself offers, as published on its own website (checked 2026-10-28). Amounts and deadlines change: confirm on the linked page.
- Automatic academic scholarships for incoming first-years
Incoming first-year students who submit a complete admission application by the November 1 early action deadline.
- IU Scholarships Application awardsVaries
All incoming students; one application considers you for additional IU scholarships, with selections finalized by April 15.
- Hoosier Crossroads GrantUp to $5,500 a year
New first-year Indiana students with family AGI of $60,000 or less and unmet need; pays for costs beyond tuition such as housing, books and meals (new for fall 2026).
- Cox Scholars Program
See the program site for eligibility.
- Groups Scholars Program
See the program site for eligibility.
- LaVerne Noyes Award
Direct descendants of a qualifying American World War I veteran with at least $1,000 of unmet need on the FAFSA.
Priority FAFSA deadline: April 15 (IU Bloomington priority deadline).
Grants and scholarships you can apply for
State grant · Indiana
Frank O'Bannon Grant
For 2026–27, up to $10,600 a year at a private college, $5,300 at a public university, and $4,050 at Ivy Tech or a for-profit college, depending on your Student Aid Index. You keep the full amount by completing 30 credits a year.
Who qualifies: Indiana residents (since 31 December of the year before) studying full-time toward an associate's or first bachelor's degree at an eligible Indiana college.
How: File the FAFSA by 15 April each year.
Official rules →State grant · Indiana
21st Century Scholars
Up to four years of paid tuition at an eligible Indiana college or university.
Who qualifies: Income-eligible Indiana students who enrolled in the program in middle school and take part in its Scholar Success Program during high school.
How: Students are enrolled automatically in seventh or eighth grade, or must enroll by 30 June of their eighth-grade year.
Official rules →State grants follow your home state, not the school's: check your own state's programs if you are coming from elsewhere.
Living in Bloomington
| Studio | $1,020/mo |
|---|---|
| One-bedroom | $1,110/mo |
| Two-bedroom, shared | $635/mo each |
HUD FY2027 Fair Market Rents, campus ZIP 47405. Campus housing is often cheaper in the first year.
Working while you study
$7.25/hour minimum wage in Indiana
15 hours a week over a 30-week academic year ≈ $3,262 before tax. That covers about 5 months of a shared room.
Minimum wage: Indiana follows the federal minimum wage. Ask the financial aid office whether you qualify for Federal Work-Study.
After graduation
$19,000median federal debt≈ $216/month over 10 years
$70,105median earnings10 years after enrolling
80%graduate within 6 yearsfirst-time students
Close the gap without another loan
Since July 2026 Parent PLUS loans are capped, so more families are left with a gap after aid. Students use My Study Fund to collect monthly support from family, friends and mentors: 20 people giving $25 a month is $6,000 a year, and you receive every dollar.
Questions students ask about paying for Indiana University
Does Indiana University offer free tuition?
Yes: Crimson Commitment Grant. Indiana residents with unmet need and family AGI of $80,000 or less, enrolled full time and continuously; open to new first-year, transfer and continuing IU Bloomington students (new for fall 2026) Covers the remaining tuition and mandatory fees after other eligible aid; awarded automatically when the FAFSA is filed by April 15.
What scholarships does Indiana University offer?
Automatic academic scholarships for incoming first-years (Not published); IU Scholarships Application awards (Varies); Hoosier Crossroads Grant (Up to $5,500 a year); Cox Scholars Program (Not published on the pages read); Groups Scholars Program (Not published on the pages read). Details and deadlines are on the school's financial aid pages.
How much does Indiana University really cost after financial aid?
The average student who received aid paid $16,003 a year after grants and scholarships. By family income it ranges from $6,683 to $27,092. The full cost of attendance before aid is $30,517.
Does Indiana University give scholarships and grants?
Yes. 70% of first-year students received a grant from Indiana University itself, averaging $7,058. 17% received a Federal Pell Grant (average $5,293).
How much is rent near Indiana University?
HUD's FY2027 Fair Market Rent for the campus ZIP code (47405) is $1,110 a month for a one-bedroom and $1,270 for a two-bedroom, about $635 each when shared.
Can I work part-time while studying at Indiana University?
Yes. The minimum wage in Indiana is $7.25 an hour; 15 hours a week over a 30-week academic year earns about $3,262 before tax.
How much debt do Indiana University graduates have?
The median federal debt at graduation is $19,000, about $216 a month on a 10-year plan. Median earnings ten years after enrolling are $70,105.
Sources
U.S. Department of Education College Scorecard (release 10152026) and IPEDS (SFA2223 student financial aid, first-time full-time students); HUD FY2027 Small Area Fair Market Rents; state and federal program pages linked above, checked 2026-10-28. My Study Fund is not affiliated with Indiana University-Bloomington. How these pages work.
More in Indiana: Ivy Tech Community College · Purdue University · All colleges in Indiana →