In Bloomington, Indiana, students attending Indiana University are provided with exposure to information, knowledge, and experiences that will take them on into the careers they have dreamed of. IU was founded in 1820. Its Bloomington campus is the flagship institution, leading seven other campuses, as well as two regional centers. Academic freedom is one characteristic of this institution, inviting students to explore and learn, not only within their degree fields but about the world as well. IU makes significant contributions to research, broadening the knowledge in several fields.
Overview of Indiana University Bloomington
The faculty of IU are committed to building an atmosphere of learning and academia, where students explore concepts they may have never been exposed to before. Students seeking a music degree can attend the IU Jacobs School of Music; students majoring in any one of the arts can learn about theatre, entertainment, or fine arts. Students who have graduated from Indiana University have received awards ranging from Olympic, Emmy, Pulitzer, Nobel, Oscars, Tonys, Fulbright, and Guggenheim. IU is this committed to encouraging its students to reach for their pinnacles; it has been selected as a Kiplinger’s “Best Value” school.
|Campus Setting||City: Small|
|Student Faculty Ratio||16:1|
Top Rankings For Indiana University Bloomington
#19 in Accounting
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|High School GPA||Recommended|
|High School Rank||Recommended|
|High School Transcripts||Required|
|College Prep Courses||Required|
|TOEFL (Test of English as a Foreign Language)||Required|
|Application Deadline||November 1|
|Common Application Accepted||Yes|
Tuition Cost & Financial Aid
Without any form of financial aid, a student enrolling at Indiana University-Bloomington will pay in-state tuition of $10,681; out-of-state tuition costs $35,456. Books and related supplies cost students around $930, room and board run $10,466, and other costs commit the student to an additional $2,702, for a total of about $60,235.
Using financial aid to defray school costs yields that student a savings of $11,931. If their family’s income comes to $30,000, they will pay a net price of $5,040; those with incomes around $48,001 to $75,000 pay a net price of $12,082; families with incomes of $75,001 to $110,00 pay a net price of $20,082; and families whose incomes are $110,001 and above pay a net price of $21,327.
Financial aid plays a significant role in bringing tuition and related costs down. Students who receive federal student aid receive, on average, $5,124. If they receive other forms of financial aid, it increases to $17,811. Grants and scholarships, on average, provide about $11,640 per student; institutional grants and scholarship awards are about $8,375.
The total four-year cost of attending this university is $190,000. It represents the four-year cost of tuition, fees, books, supplies, room and board. Federal and private financial aid can mean the difference between attending a university or not.
|Average net price||2017-2018|
|Average Total Aid||$11,640|
|Students Receiving Financial Aid||77%|
|Room & Board||$10,466|
- Tuition In-State - $10,681
- Tuition Ot-of-State - $35,456
- Books and Supplies - $930
- Room & Board - $10,466
- Other - $2,702
Students choosing Indiana University - Bloomington will find themselves living in a small city. If they choose to, they can live in on-campus housing or in the surrounding area. The student-to-faculty ratio is 16 to 1, making class sizes manageable for professors and students alike.
The retention rate for first-time students is 91% for full-time students and 62% for part-time students. The graduation rate is 78%. Student enrollment is 43,503 in total; undergraduates number 33,301 and graduate students number 10,202. Forty-six percent, or 20,452 of the student population, was male in 2017; 54%, or 23,717, was female.
Indiana University-Bloomington is a university with high standards. While its acceptance rates are high, it is clear that the admissions office won’t accept any student that does not meet particular admissions standards. College entrance testing acceptance requirements indicated that students should score a minimum of 1150 on the SAT; a 1360, which includes math and reading, gives the student a better chance of admission.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|All Business Majors||2030 Total Graduates / 26%|
|Finance & Accounting, General||-|
|Business Administration and Management||2,026 Graduates|
|All Engineering Majors||0%|
|All Social Science Majors||432 Total Graduates / 6%|
|Economics, General||137 Graduates|
|Political Science and Government||99 Graduates|
|All Biological & Biomedical Majors||589 Total Graduates / 8%|
|Biology/Biological Sciences||230 Graduates|
|Medical Microbiology and Bacteriology||17 Graduates|
|Communication, Journalism, and Related Programs||615 Total Graduates / 8%|
|Radio and Television||-|
|Public Relations/Image Management||-|
|All Other Diplomas||27%|
Outcome & Salary
While the salary report for Indiana University-Bloomington isn’t as highs it is for other institutions, students still benefit from the degrees they earn. An early career salary for a graduate of IU-Bloomington is $44,000; the mid-career salary is $65,000.
The college ROI for a graduate of IU-Bloomington stands at $276,000. This is the difference between the 24-year pay for a high school graduate and the 20-year pay for a bachelor’s graduate, minus the total 4-year cost. The annual ROI is 4.6%, which, on average, a graduate of IU-Bloomington receives back each year.
|College Grads Early Career Salary||$44,100|
|College Grads Average Salary||$66,000|
|College Grads Mid Career Salary||$65,400|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$660,000|
|20 Year Salary Earnings Potential||$1,314,000|
|Cost of Education (Net Price) 4 Year||$47,724|
|10 Year Projected ROI||$612,276|
|20 Year Projected ROI||$1,266,276|
|No Colleage Education Salary Comparison|
|National Average Salary||$37,960|
|10 Year Projected Income||$379,600|
|20 Year Projected Income||$759,200|
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