Indiana University Kokomo

In 2022, tuition for full-time IU Kokomo students was $8,018 a year for in-state students and $21,512 a year for out-of-state students.

On average, college tuition goes up about 3% every year.

If these numbers feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.

Tuition for international students at Indiana University Kokomo is $21,512 per year.

Indiana University Kokomo meets 73.6% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Indiana University Kokomo is around $8,872 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $20,394 of debt.

Indiana University Kokomo: In-state vs. Out-of-State Tuition

Indiana University Kokomo is a public, state institution, which means it offers a reduced tuition rate of $8,018 for students who qualify as state residents and attend full-time.Non-Indiana residents can expect to pay 21,512 per year for tuition.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing an insitution where you are eligible for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Be sure to verify your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on where you live.

Explore other Indiana colleges

Is Indiana University Kokomo's Tuition Different for International Students?

Indiana University Kokomo has the same tuition for international students as for those from out of state.

International students at Indiana University Kokomo usually pay around $21,512 per year, before any scholarships, grants or other financial aid.

International students are not eligible for federal financial aid, but may qualify for private or school-specific aid and scholarships.

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Indiana University Kokomo Living Expenses, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Indiana University Kokomo.

Room and Board Costs at Indiana University Kokomo

Room and board at Indiana University Kokomo costs $10,244 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the school dining facilities.

Board costs can depend on the number of meals you intend to eat on-campus

Cost of Books at Indiana University Kokomo

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer resources so that those with demonstrated need to find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at Indiana University Kokomo

The 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 walkable? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your estimated cost of transportation.

Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area could be costly, but cities may offer more buses, trains and low-cost flight options to actually get to school. Indiana University Kokomois in a town in Indiana, not far from Indianapolis.

Other Costs

When you're planning 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 Indiana University Kokomo

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Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Indiana University Kokomo.

Total Cost of Indiana University Kokomo

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

2023 Total Tuition and Expenses
In-state Tuition	$8,018
Out-of-State Tuition	$21,512
Room and Board	$10,244
Other expenses	$1,408

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 Indiana University Kokomo

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In 2023, 1,200 of the 2,669 undergrads enrolled received financial aid. Indiana University Kokomo meets 73.6% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $8,872 a year. Around 55.5% of Indiana University Kokomo undergrads take out student loans to cover any remaining costs. Indiana University Kokomo graduates who have student loans graduate with an average of $20,394 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$17,853
Private Loans	$19,886

Most Common Loans for Indiana University Kokomo Students
Federal Loans	54.4%
Private loans	8.1%

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 Indiana University Kokomo financial aid, keep reading, or visit their financial aid website.

Scholarships at Indiana University Kokomo

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, Indiana University Kokomo awarded 1,103 need-based scholarships to students, giving away total of $9.5 million to help students with financial need cover the cost of school. An additional $2.15 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Indiana University Kokomo Net Cost

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 Indiana University Kokomo 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 Indiana University Kokomo was $8,872 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Indiana University Kokomo seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$3,236.74
Net In-state, Off-campus	$2,626.74
Out-of-State, On-Campus	$25,602.74

What will attending Indiana University Kokomo 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 understand the actual cost of attending that school, based on their financial situation. You can find the Indiana University Kokomo's net cost calculator on their website.

Indiana University Kokomo Tuition Payment Plans

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

Indiana University Kokomo does not have guaranteed tuition.

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

Does IU Kokomo Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

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

Indiana University Kokomo'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.

Indiana University Kokomo's endowment was valued at $9.8 million in 2023, compared to a national average of $905 million. The school spends $6,980 for each full-time student enrolled.

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Learn More About Indiana University Kokomo

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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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