Indiana University Indianapolis Scholarships (2025–2026) | Merit, Honors & Aid

Indiana University Indianapolis Scholarships (2025–2026)

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Last Updated on January 1, 2026
What This Page Covers:
  • Tuition, housing, and what families actually pay on average
  • Automatic merit ranges and who typically qualifies
  • Competitive and hidden-gem scholarships worth a look
  • Honors perks and how to stack awards the smart way

📊 Admissions Snapshot

  • Acceptance Rate: ~76%
  • Middle 50% ACT: 23–31
  • Middle 50% SAT: 1050–1260
  • Average GPA (HS): 3.53

Source: Indiana University Indianapolis Office of Admissions (2024–2025 data). Middle 50% = the range where half of admitted students fall.

Comparing multiple schools? Try the Scholarship Tool to search by GPA, test scores, and state →

📌

IU Indianapolis at a Glance

🏆 Large Honors-based awards available — including Bepko Scholars, Presidential, Chancellor’s, and Plater programs (competitive, separate application).
Average Net Price
$13,958 / yr
What families actually paid on average
Automatic Merit (OOS)
Yes (varies by profile)
Admission-based; no extra app
Typical Qualifiers
~3.5 GPA • ACT 23–31 / SAT 1050–1260
Based on recent recipient patterns*
Superscore Policy
ACT: Not stated • SAT: Not stated
Used for admission & scholarships
Key Deadlines
Honors priority: Nov 15 • Competitive: Feb 1 • FAFSA: ASAP
Earlier is better for scholarships
Honors College
Yes • Competitive • Separate app
Perks: advising, priority reg, scholarships
Full-Tuition / Full-Ride
Automatic: No • Competitive: Yes
Primarily via Honors programs
Residency & Waivers
MSEP / Indiana Partner
Reduced nonresident tuition available
– Scholarship GPA/test bands are approximate, based on award text + past recipient data + student profile stats. Numbers can shift with applicant pool and funding.

Sources:
https://indianapolis.iu.edu/admissions/class-profile.html
https://bigfuture.collegeboard.org/colleges/indiana-university-purdue-university-indianapolis/admissions
https://www.usnews.com/best-colleges/indiana-university-indianapolis-1813/paying
https://indianapolis.iu.edu/admissions/apply/dates/
https://indianapolis.iu.edu/cost-aid/cost-of-attendance/

💰 Cost of Attendance at Indiana University Indianapolis (2025–2026)

These are the direct, billed costs for a full-time undergraduate student living on campus at IU Indianapolis. Additional expenses like transportation, books, and personal costs are not billed by the university but still factor into aid eligibility.

Category In-State Out-of-State
Tuition & Mandatory Fees $10,760 $35,226
Housing & Meals (on campus) $13,656 $13,656
Total (Direct/Billed) $24,416 $48,882

Why only these items? We include the costs you typically pay directly to IU Indianapolis — tuition/mandatory fees and housing/meals. IU Indianapolis also builds these indirect items into their full Cost of Attendance estimate:

  • Books & supplies: ~$1,290
  • Transportation: ~$364
  • Personal expenses: ~$2,360

📉 Average Net Price (What Families Actually Pay)

The average net price is approximately $13,958 per year after grants and scholarships (federal data). Net price can be much lower for students with need-based aid — and much higher for out-of-state students who don’t qualify for reduced-rate programs. Use the school’s Net Price Calculator for a personalized estimate. Learn how net price works (and why it matters more than sticker price) in our Net Price & SAI Guide.

Out-of-State Discounts & Regional Savings

Real-dollar example: On tuition & mandatory fees alone, MSEP can reduce the out-of-state price by about $19,706 per year (before any scholarships).

FAQ — Cost of Attendance at IU Indianapolis

Why is out-of-state tuition so much higher?
Like most public universities, IU Indianapolis charges more to nonresidents because Indiana taxpayers help support the university. The good news is that some students can lower that gap through the Midwest Student Exchange Program (MSEP) / Indiana Partner reduced rate and/or scholarships.

What’s the difference between “billed costs” and the school’s full Cost of Attendance?
Billed costs are what you pay directly to the university: tuition/mandatory fees + housing/meals. The full Cost of Attendance adds indirect expenses (books, transportation, and personal costs) that affect aid eligibility, even though they aren’t billed to your student account.

Can MSEP really save families money at IU Indianapolis?
Yes — if your student is eligible. IU Indianapolis lists an MSEP/Indiana Partner tuition-and-fees rate of $15,520, compared with the standard out-of-state tuition-and-fees total of $35,226. That’s roughly $19,700/year in tuition savings before scholarships.

Does IU Indianapolis offer WUE or Academic Common Market (ACM)?
No — IU Indianapolis is not a WUE or ACM school. The main regional discount discussed on IU Indianapolis cost pages is the Midwest Student Exchange Program (MSEP) / Indiana Partner reduced rate.

How accurate is the $13,958 average net price?
It’s a verified federal average across students. Your number depends on residency, need-based aid, and scholarships. If your student is out-of-state, your net price can vary widely depending on whether you qualify for MSEP and how much merit aid you receive.

Sources:
https://indianapolis.iu.edu/cost-aid/cost-of-attendance/
https://graduate.indianapolis.iu.edu/admissions/msep/index.html
https://www.usnews.com/best-colleges/indiana-university-indianapolis-1813/paying

✅ Automatic Merit Scholarships at Indiana University Indianapolis

IU Indianapolis offers admission-based (automatic) merit scholarships for incoming students. There is no separate scholarship application for these awards — students are automatically considered when they apply for admission by the published deadlines.

⚠️ Superscore Policy Note: IU Indianapolis does not clearly state whether ACT or SAT superscores are used for scholarship consideration. When in doubt, assume single-test scores unless the admissions office confirms otherwise.
Scholarship Award Amount Eligibility / Criteria Separate App? Renewable? Who Actually Wins? Deadline
Admissions-Based Scholarship (Beginning Freshmen) ~$2,000–$10,000 per year* First-time, first-year applicants admitted to IU Indianapolis; academic merit based on GPA and/or test scores No Yes — up to 4 years (with renewal criteria) Students with ~3.5+ GPA and ACT ~23–31 / SAT ~1050–1260* Apply by Nov 15 (priority) / Feb 1 (final)
Admissions-Based Scholarship (Transfer Students) ~$2,000–$7,000 per year* Domestic transfer students with ≥26 transferable credits and ≥3.5 college GPA No Yes — renewable (with GPA & enrollment requirements) High-performing transfer students with strong college GPA (3.5+) Apply by admission deadlines
International Merit Scholarship — Tier 1 ~$8,000–$12,000 per year* Incoming international freshmen with top academic profiles No Yes — renewable International students with very strong grades and academic preparation Apply by admission deadlines
International Merit Scholarship — Tier 2 ~$4,000–$7,000 per year* Incoming international freshmen with solid academic profiles No Yes — renewable International students with competitive (but not top-tier) academics Apply by admission deadlines
International Merit Scholarship — Tier 3 ~$2,000–$3,000 per year* Incoming international freshmen meeting baseline academic standards No Yes — renewable International students with admissible but more modest academic profiles Apply by admission deadlines

*GPA/test ranges and award amounts are estimates based on published admission profiles, scholarship descriptions, and past recipient patterns. Actual thresholds and amounts can change by year.

FAQ — Automatic Merit Scholarships at IU Indianapolis

Do I need to submit a separate scholarship application?
No. IU Indianapolis automatically considers eligible students for admission-based merit scholarships when they apply for admission by the stated deadlines.

Are these scholarships guaranteed if my GPA or test score is in range?
No. Meeting a GPA or test range does not guarantee an award. Funding levels and applicant volume can affect who ultimately receives merit aid.

Can automatic merit stack with Honors College scholarships?
Usually no. IU Indianapolis notes that Honors College scholarships replace the base admission-based scholarship rather than stack on top of it.

Does test-optional admission hurt my chances?
Not necessarily. IU Indianapolis is test-optional, and students can be awarded automatic merit without submitting scores. However, strong test scores may help with placement into higher award tiers.

When should students apply to maximize merit consideration?
Apply by November 15 for priority consideration. February 1 is the key final date tied to competitive and Honors-related scholarships.

Sources:
https://indianapolis.iu.edu/cost-aid/scholarships/
https://indianapolis.iu.edu/cost-aid/scholarships/apply/iu-indianapolis/
https://international.indianapolis.iu.edu/admissions/scholarships/index.html
https://honors.indianapolis.iu.edu/admissions-scholarships/prospective-freshmen.html

🏆 Flagship (Competitive) Scholarships at Indiana University Indianapolis

IU Indianapolis’ most valuable scholarships are offered through the Honors College. These awards are highly competitive, require a separate Honors application, and often include interviews and additional materials.

Important stacking note: Honors College scholarships replace the standard admission-based (automatic) merit award. Students do not receive both.
Scholarship Award Amount Eligibility Separate App? Renewable? Who Actually Wins? Deadline
Bepko Scholars & Fellows Program Full tuition & mandatory fees + housing support + books + study abroad stipend* Incoming freshmen admitted to the Honors College; strong academics, leadership, and service Yes — Honors application + finalist interview Yes — multi-year (with program requirements) Top Honors applicants with exceptional leadership, service orientation, and academic strength Nov 15 (priority) / Feb 1 (final)
Adam W. Herbert Presidential Scholarship Substantial multi-year award; typically covers most or all tuition* Indiana high school seniors admitted to the Honors College; academic excellence and leadership Yes — Honors application + supplemental materials Yes — renewable High-achieving Indiana residents with strong academics and leadership depth Nov 15 (priority) / Feb 1 (final)
Chancellor’s Scholars Program Large multi-year tuition scholarship* Incoming freshmen admitted to the Honors College; strong academic performance Yes — Honors College scholarship application Yes — renewable Honors-level students with strong grades and overall academic preparation Nov 15 (priority) / Feb 1 (final)
Plater International Scholars Program Significant multi-year award including tuition support and global learning experiences* Incoming freshmen admitted to the Honors College with demonstrated global or cross-cultural focus Yes — Honors application + interview Yes — renewable Students with strong academics and clear interest in international engagement Nov 15 (priority) / Feb 1 (final)

*Award components and amounts vary by program and funding year. Selection is competitive, and benefits may include tuition, fees, housing, books, and experiential funding rather than a single cash amount.

FAQ — Flagship Scholarships at IU Indianapolis

Are these scholarships automatic?
No. These are competitive flagship awards offered through the Honors College and require a separate application, additional materials, and often an interview.

Do students need to be admitted to the Honors College first?
Yes. All flagship scholarships listed here require admission to the IU Indianapolis Honors College.

Can students receive both an Honors scholarship and automatic merit?
No. Honors College scholarships replace the standard admission-based (automatic) merit award.

How competitive are these programs?
Very competitive. These awards typically go to a small group of top applicants each year and consider academics, leadership, service, essays, and interviews.

Is it still worth applying if my student isn’t a “perfect” applicant?
Yes — especially for students with strong leadership, service, or global engagement. However, families should treat these as high-upside, low-probability opportunities rather than guaranteed funding.

Sources:
https://honors.indianapolis.iu.edu/admissions-scholarships/prospective-freshmen.html
https://science.indianapolis.iu.edu/admissions/fin-aid-scholarships/scholarships/_scholarships/iupui-honors-college-scholarships.html
https://honors.indianapolis.iu.edu/index.html

💎 Hidden Gem Scholarships at Indiana University Indianapolis

In addition to automatic and flagship awards, IU Indianapolis offers a wide range of less-visible scholarships that many families miss. These typically require a separate application and are found through the IU Scholarships (AcademicWorks) portal or individual schools and programs.

Why these matter: Hidden-gem scholarships often have smaller applicant pools because they are major-specific, identity-based, or require extra steps that many students skip.
Scholarship Award Amount Eligibility Separate App? Renewable? Who Actually Wins? Deadline
Cox Scholars Program (Jesse H. & Beulah Chanley Cox) Up to full cost of attendance (varies by need & work commitment) Indiana residents with demonstrated financial need; minimum GPA; willingness to work part-time and participate in a cohort program Yes — IU Scholarships application Yes — with academic & program requirements Students with financial need who can balance academics with structured work and program participation Typically Feb 1*
Through Their Eyes Memorial Scholarship Varies (institutional award) Students with documented family ties to the Ransom Place or Indiana Avenue communities; required essay Yes — IU Scholarships application Varies Students with direct community or family connections who submit a strong personal essay Varies*
School & College Scholarships (Departmental Awards) Varies widely (donor-funded; often $500–$5,000+) Declared major or enrollment in a specific IU Indianapolis school or program Yes — AcademicWorks or unit application Varies Students who match a donor’s criteria (major, GPA, service, involvement) Varies by school*
International Major- & Service-Based Scholarships Supplemental awards (amounts vary) International students; criteria tied to major, service, leadership, or special populations Yes — IU Scholarships / international listings Varies International students who actively search and complete additional applications Varies*

*Deadlines and award amounts vary by scholarship and academic year. Most are administered through the IU Scholarships (AcademicWorks) portal.

FAQ — Hidden Gem Scholarships at IU Indianapolis

Where do students actually find these scholarships?
Most are listed in the IU Scholarships (AcademicWorks) portal. Others are posted on individual school or department websites.

Do these scholarships stack with automatic or Honors awards?
Often yes — especially departmental and donor-funded scholarships. However, some need-based or program-specific awards may adjust other aid. Students should always check the award terms.

Why don’t colleges advertise these more clearly?
Many hidden-gem scholarships are donor-funded or department-managed, so they aren’t promoted as heavily as admission-based awards.

Are these worth the extra effort?
Yes. Because fewer students apply, the odds can be better than for large flagship scholarships — especially for students who closely match the criteria.

What’s the biggest mistake families make with hidden-gem aid?
Assuming everything is automatic. At IU Indianapolis, many meaningful scholarships require a separate application and won’t be awarded unless students actively apply.

Sources:
https://indianapolis.iu.edu/cost-aid/scholarships/
https://iu.academicworks.com
https://international.indianapolis.iu.edu/admissions/scholarships/index.html

🎖 Honors College at Indiana University Indianapolis

The IU Indianapolis Honors College offers enhanced academics, advising, and access to the university’s most competitive scholarship programs. For many students, Honors is less about prestige and more about unlocking funding, priority access, and structured opportunities.

Important reality check: At IU Indianapolis, Honors scholarships replace the standard admission-based (automatic) merit award. Students do not stack Honors scholarships on top of automatic merit.

Looking for the top-tier Honors awards (Bepko, Presidential, Chancellor’s, Plater)? Jump to 🏆 Flagship Scholarships — those are listed there.

Scholarship Award Amount Eligibility Separate App? Renewable? Who Actually Wins? Deadline
IU Indianapolis Honors Scholarship (baseline Honors award) Honors scholarship (amount varies by year)* Incoming freshmen admitted to the IU Indianapolis Honors College Yes — Honors College application Yes — multi-year (with continuing criteria) Most Honors-admitted students who are not selected for the flagship Honors awards Nov 15 (priority) / Feb 1 (final)

*Award components and amounts vary by year. Confirm current-year terms on the Honors College scholarship pages.

FAQ — Honors College at IU Indianapolis

Is the Honors College worth it if my student doesn’t win a flagship scholarship?
Often yes. Even without a top-tier award, Honors can provide a baseline scholarship plus structured advising and Honors-only opportunities that many students find valuable.

Does joining Honors increase workload?
Usually yes — but more in depth than volume. Honors courses tend to be smaller and more discussion/project-based.

Can students join Honors later?
Sometimes, yes. But the biggest scholarships are typically aimed at incoming freshmen, so applying early gives students the best shot at top awards.

What’s the biggest “gotcha” for families?
Assuming Honors scholarships stack with automatic merit. At IU Indianapolis, Honors scholarships typically replace the admission-based scholarship.

Sources:
https://honors.indianapolis.iu.edu/admissions-scholarships/prospective-freshmen.html
https://honors.indianapolis.iu.edu/index.html
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⭐ College Specialty

Indiana University Indianapolis is known for doing something many large universities struggle with: combining the resources of a major public research institution with direct, career-connected programs in the heart of a major city. Families often choose IU Indianapolis for its strength in health sciences and public-facing professions, where internships, clinical placements, and real-world experience are built into the academic path rather than treated as extras.

Nationally Recognized Strength:
Health Sciences & Medical Education — IU Indianapolis is nationally known for programs connected to medicine, nursing, dentistry, public health, and allied health fields. Its close ties to major hospitals, research centers, and clinical partners make it a common choice for students pursuing healthcare careers or pre-med/pre-health tracks.
  • Business & Entrepreneurship: Strong programs in accounting, finance, and management, with an emphasis on experiential learning and internships tied to Indianapolis employers.
  • Engineering & Technology: Applied engineering, computer science, and technology programs that emphasize hands-on projects and industry partnerships.
  • Public Affairs & Civic Leadership: Well-regarded programs preparing students for careers in public service, nonprofit leadership, policy, and urban-focused work.
  • Informatics & Data: One of IU’s signature areas, blending technology, data, and human-centered design for careers in tech, healthcare, and business analytics.

✨ Wrapping It Up

Indiana University Indianapolis is a large public university in an urban setting where affordability often comes down to how early you apply and whether your student takes advantage of the “layers” of aid: automatic merit, competitive flagship scholarships, Honors opportunities, and department-level awards.

For many families, the biggest “money move” at IU Indianapolis is understanding the difference between automatic merit (awarded with admission) and the Honors/flagship awards (which require separate applications and are highly competitive). And if you’re an out-of-state family, the Midwest Student Exchange Program (MSEP) can materially change your starting price before scholarships are even considered.

If IU Indianapolis is on your list, don’t just look at the sticker price — compare it side-by-side with similar schools and focus on what your student is most likely to actually receive based on grades, test scores, and deadlines. That’s what turns a college “maybe” into a real plan.

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Last updated: December 2025

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