Costs & Aid

Indiana State is committed to providing an exceptional college experience for every student. That's why we provide millions in financial aid to our students each year. Your financial aid package can cover tuition, housing and food, books, and more. Our Office of Student Financial Aid can assist you with the financial aid process.

$16 million
in annual scholarship awards.

Access The Branch, our online scholarship system, to review aid opportunities.

76%
of full-time freshmen receive scholarships and grants.

80% of full-time students receive scholarships and grants.

95%
job placement rate.

66% of our graduates stay in Indiana and earn an average starting salary of $57k.

Indiana State Advantage

We believe in you. That's why we provide the Indiana State Advantage. It creates even more flexibility and incentive to help you make the most of your college experience. See how the Indiana State Advantage can help you meet your academic and career goals.

Discover the Indiana State Advantage
A hand holds a calculator with blue, white, and grey buttons on it. The display reads 3.375

Calculate Your Costs

Estimate your college costs with our Net Price Calculator. This tool will help you and your family estimate your out-of-pocket costs. It's easy to use and will take 10 minutes or less to complete.

Use Our Net Price Calculator

Types of Aid

Grants are free financial aid dollars that you don't have to pay back. The amount you qualify for will be based on your financial need. You can receive grants from the state and federal government or from your school. 

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Scholarships are another form of free financial aid. Many are merit-based, which means they are awarded based on academic performance, artistic talents, or other criteria. Most require full-time enrollment each semester, continued good academic standing, and a certain grade point average.

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There are several loan programs to assist with educational expenses.  The federal government offers low interest rate student and parent loans.  They also offer special benefits such as fixed interest rates, subsidized interest, and income-based repayment plans.  The Federal Direct Subsidized Loan  is an undergraduate need based loan.  The interest begins to accrue after graduation or if enrollment is dropped below half-time.  The Federal Direct Unsubsidized Loan is an undergraduate or graduate non-need-based loan.  The interest begins accruing after the 1st disbursement is received.
The Federal Direct Parent/Graduate PLUS Loan is a credit-based loan. The requirements are different for each program.
Loans are also offered through private alternative loan lenders.  These are credit-based loans. The lender will set terms and conditions based on the credit score and other key factors.

arrow_forward Learn About Loans and Other Types of Aid

Earn money while working part-time on campus or in the local community.  The work-study program is need-based.  In this federal program, you will find a part-time job in qualifying positions at your school. You can apply the money you earn toward school expenses.

arrow_forward Learn About Work Study
An image of Tirey Hall from across the quad during summer. Parsons Hall and the Trumpets artwork are also visible in the distance.

Contact Us

Have questions about tuition or financial aid? The Office of Student Financial Aid is here to help. Call us Monday to Friday from 8:30 a.m. - noon and 1:00 p.m. - 4:30 p.m. at (812) 237-2215. You can also make online or in-person appointments for your convenience.

Make a Financial Aid Appointment