University of Southern Indiana

On average, colleges raise tuition about 3% each year.

Remember, the displayed price of tuition does not always tell the full story. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college feel more doable until you've finishing school and found a job.

University of Southern Indiana meets 80.1% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at University of Southern Indiana is around $12,955 a year.

The average student debt for graduates in the class of 2023 was around $24,407 per student, not including those with no debt.

Does University of Southern Indiana Offer In-State and Out-of-State Tuition?

**University of Southern Indiana is a public, state institution, **

Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for those who qualify as Indiana residents.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to check your state's rules for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently live in.

Explore other Indiana colleges

University of Southern Indiana International Student Tuition

Tuition at University of Southern Indiana is the same for every student.

International students usually do not qualify for for federal financial aid, but may be eligible for private or University of Southern Indiana-specific grants, scholarships, and other funding opportunities.

International students without financial need may be eligible for merit-based institutional scholarships.

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University of Southern Indiana Room, Board, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at University of Southern Indiana.

Room and Board Costs at University of Southern Indiana

Board costs can depend on how many meals are included in the plan you choose.

How Much Do Books Cost at University of Southern Indiana?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at University of Southern Indiana

The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or are you planning to use public transportation? All of these questions can drastically impact your estimated cost of transportation. At University of Southern Indiana, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is often expensive, but cities may offer more trains, busses or affordable flights to actually get to school. The University of Southern Indiana campus is located in a suburb in Indiana.

Other Costs

When estimating your budget for college, don’t forget to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for University of Southern Indiana

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending University of Southern Indiana.

How Much Does University of Southern Indiana Cost?

What will the cost of attending University of Southern Indiana be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at University of Southern Indiana

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In 2023, 2,427 of the 8,431 undergrads enrolled received financial aid. University of Southern Indiana meets 80.1% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $12,955 a year. Around 57.74% of University of Southern Indiana undergrads take out student loans to cover any remaining costs. University of Southern Indiana graduates who have student loans graduate with an average of $24,407 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$20,803
Private Loans	$24,226

Most Common Loans for University of Southern Indiana Students
Federal Loans	57.05%
Private loans	9.18%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on University of Southern Indiana financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Southern Indiana

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, University of Southern Indiana awarded 1,966 need-based scholarships to students, giving away total of $19.6 million to help students with financial need cover the cost of school. An additional $11.6 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of University of Southern Indiana

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for University of Southern Indiana students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at University of Southern Indiana was $12,955 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Southern Indiana seem more manageable.

What will attending University of Southern Indiana really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the University of Southern Indiana's net cost calculator on their website.

University of Southern Indiana Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

USI Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

University of Southern Indiana's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of University of Southern Indiana's endowment was $127.7 million. The average college endowment was $905 million in 2021. The school spends $5,892 for each full-time student enrolled.

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Learn More About University of Southern Indiana

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

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