Cost of attending Indiana University-Bloomington increased for all students in 2022-23 school year

0Comments

For the 2022-23 school year, in-state tuition at Indiana University-Bloomington rose by 1%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Indiana residents paid $11,447 to attend the public university this year, reflecting a $114 increase from the $11,333 charged during the 2021-22 academic year.

Non-resident tuition for 2022-23 was $39,120, which is 241.7% higher than the in-state rate. This represents a 2% increase from the $38,352 charged in 2021-22.

Approximately 51% of the undergraduate student body at the university are Indiana residents, while 42% come from other states and 5% are international students.

Data indicates that 83% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. A total of 7,145 students were awarded grants or scholarships amounting to $70.4 million, and 3,122 students obtained loans exceeding $29.5 million.

Across all undergraduate students, 23,532 received grants or scholarships totaling $266.9 million. Additionally, 9,801 students borrowed $57.7 million in federal student loans.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Indiana University-Bloomington in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 1,671 17% $9.4 million $5,626
State / local grant or scholarship 1,690 17% $12.7 million $7,529
Institutional grants or scholarships 6,843 70% $48.3 million $7,058
Grant or scholarship aid total 7,145 74% $70.4 million $9,857
Federal student loans 2,970 31% $14.9 million $5,022
Other student loans 688 7% $14.6 million $21,181
Student loan aid 3,122 32% $29.5 million $9,445
Total student aid 8,031 83% $99.9 million $12,440

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



Related

Pamela Whitten President - Indiana University - Bloomington

Lilly Library receives second $2.5 million grant for rare religious collections

The Lilly Library at Indiana University Bloomington has received a $2.5 million grant to endow a new cataloger of religious materials and support a traveling exhibition.

Pamela Whitten President - Indiana University - Bloomington

Indiana University Bloomington economics students connect with policy leaders during Washington D.C. visit

During the fall semester, a group of undergraduate and graduate students from the Economics department at Indiana University Bloomington traveled to Washington, D.C. to meet with alumni and policy experts.

Pamela Whitten President - Indiana University - Bloomington

Indiana University Board of Trustees approves housing and dining rate increases for 2026-27

The Indiana University Board of Trustees has approved new residence hall and dining rates for the 2026-27 academic year across its campuses.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Bloomington Leader.