Parents
Finances
Quality and value are the hallmarks of an IU education. Both Kiplinger’s Personal Finance and the Princeton Review have recognized IU for its educational value in recent years.
Tuition and Fees
At IU, students pay a flat fee for tuition each semester. The fee entitles students to register for 12 to 17 credit hours per semester. (Most degree programs require students to average 15.5 credit hours per semester in order to graduate in the traditional eight semesters.) Learn about our current tuition and fees.
Paying Bills
The Office of the Bursar has a monthly, all-electronic billing cycle. Students who register during New Student Orientation in June and July will receive an e-mail notification (in their IU e-mail accounts, which are created during orientation) in late July alerting them that an electronic bill is ready for viewing. Payment is due in mid-August by electronic payment or check.
Students unable to attend summer New Student Orientation and who register at the end of August will receive an e-mail notification in September, and payment is due in October. Get details about the electronic billing process (QuikPAY®), including how your student can give you or other authorized payers access to his or her bills and account information, at the Office of the Bursar Web site.
Deferring Payments
Families who wish to put off a portion of the billed amount may do so for a service charge. Details regarding the deferment option are available on the Office of the Bursar Web site. Room and board charges will also appear on the bursar bill and will be billed in two installments (semester billing) or in eight installments for the academic year, according to the option selected on the housing contract.
Financial Aid
Many IU students receive financial assistance in the form of scholarships (including many awarded by IU), grants, loans, and income from jobs. You need to file the Free Application for Federal Student Aid (FAFSA) between January 1 and the priority date of March 1. (You may use estimated tax figures to meet this deadline.) If you have filed all your forms on time, you should receive an answer to your aid application before May 1. Note that only U.S. citizens and permanent residents are eligible to apply for federal and state financial aid—international students are not eligible to file the FAFSA. For more information, read our information about financial aid and check out the Office of Student Financial Assistance Web site.
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