Indiana State University

https://indianastate.edu

2024 Undergraduate Tuition

$9,978

2.74% growth from 2023

2024 Average Net Price

$12,066

After Financial Aid

2023 Default Rate

0.38%

on Student Loans

2024 Acceptance Rate

80.8%

12,134 Applicants

2024 Enrolled Students

7,895

77.7% Full-Time

2024 Graduation Rate

42.9%

1,021 Graduates

Costs

In 2024, the median undergraduate tuition at Indiana State University is $9,978, which is $21,942 less than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $12,066.

In 2024, 76% of undergraduate students attending Indiana State University received financial aid through grants. Comparatively, 26% of undergraduate students received financial aid through loans.

Tuition Costs

$9,978

2024 Undergraduate Tuition

In 2024, the cost of tuition at Indiana State University was $9,978. The cost of tuition at Indiana State University is $−21,942 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of Indiana State University (in red) with those of other similar universities.

Average Net Price

$12,066

2024 Value

9.42%

1 Year Growth

In 2024 Indiana State University had an average net price — the price paid after factoring in grants and loans — of $12,066. Between 2023 and 2024, the average net price of Indiana State University grew by 9.42%.

This chart compares the average net price of Indiana State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$11,498

Room and Board

$1,140

Books and Supplies

The average yearly cost of room and board at Indiana State University was of $11,498 in 2024. The cost of room and board increased by 1.3% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,140. The cost of books and supplies decreased by 5% during the same period.

This chart compares the average student costs at Indiana State University (in red) with that of similar universities.

Financial Aid by Income Level

76%

Undergraduates Receiving Financial Aid through Grants

26%

Undergraduates Receiving Financial Aid through Loans

76% of undergraduate students at Indiana State University received financial aid through grants or loans in 2024. This represents a growth of 4.11% with respect to 2023, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Indiana State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.38%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Indiana State University was 0.38%, which represents 10 out of the 2630 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Indiana State University had a total enrollment of 7,895 students in 2024. The full-time enrollment at Indiana State University is 6,134 students and the part-time enrollment is 1,761. This means that 77.7% of students enrolled at Indiana State University are enrolled full-time.

The enrolled student population at Indiana State University, both undergraduate and graduate, is 66.5% White, 15.6% Black or African American, 6.66% Hispanic or Latino, 4.43% Two or More Races, 1.94% Asian, 0.228% American Indian or Alaska Native, and 0.076% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Indiana State University in full-time Undergraduate programs are most commonly White Female (37.8%), followed by White Male (29.7%) and Black or African American Female (9.82%). Students enrolled in full-time Graduate programs are most commonly White Female (44%), followed by White Male (20.3%) and Black or African American Female (4.41%).

Full-Time vs Part-Time Enrollment

77.7%

Full-Time Enrollment

The total enrollment at Indiana State University in 2024, both undergraduate and graduate, is 7,895 students. The full-time enrollment at Indiana State University is 6,134 and the part-time enrollment is 1,761. This means that 77.7% of students enrolled at Indiana State University are enrolled full-time compared with 77.3% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Indiana State University (in red) compares to similar universities.

Retention Rate over Time

66%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Indiana State University was 66%. Compared with the full-time retention rate at similar Doctoral Universities (82%), Indiana State University had a retention rate lower than its peers.

This chart shows the retention rate over time at Indiana State University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
5,247 enrolled students
Black or African American
1,229 enrolled students
Hispanic or Latino
526 enrolled students

The enrolled student population at Indiana State University is 66.5% White, 15.6% Black or African American, 6.66% Hispanic or Latino, 4.43% Two or More Races, 1.94% Asian, 0.228% American Indian or Alaska Native, and 0.076% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 94 students (1.19%) did not report their race.

Operations

Indiana State University has an endowment valued at nearly $95M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.06M (4.27%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, Indiana State University had a total salary expenditure of 223M. Indiana State University employs 114 Professors, 89 Instructors and 85 Associate professors. Most academics at Indiana State University are Male Professor (64), Female Instructor (58), and Female Professor (50).

The most common positions for non-instructional staff at Indiana State University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 178 employees, Office and Administrative Support, with 172 employees, and Service with 139 employees.

Endowment

$95M

2024 Endowment

14.3%

growth from 2023

Indiana State University has an endowment valued at about $95M, as of the end of the 2024 fiscal year. The endowment of Indiana State University grew 14.3% from the previous year. The value of their endowment was $157M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Indiana State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

Salary Expenditure

$90M

2024 Salaries

0.612%

growth from 2023

In 2024, Indiana State University paid a median of $90M in salaries, which represents 40.4% of their overall expenditure ($223M) and a 0.612% growth from the previous year. This is compared to a 3.77% decline between 2022 and 2023, and a 4.37% decline between 2021 and 2022.

Instructional Salaries

$29.7M

Instructional Salaries

359

Number of Employees

In 2024, Indiana State University paid a total of $29.7M to 359 employees working as instructors, which represents 33% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Indiana State University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 178 employees, Office and Administrative Support with 172 employees, and Service with 139 employees.

Indiana State University

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Indiana State University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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