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Rank: 58

Indiana University-Bloomington

Indiana University Bloomington is the flagship campus of a large state school, based in a small, vibrant college town. Its 33,000 undergraduate students come from all over the U.S. and more than 130 countries for an education at one of the country's top-ranked state schools. A beautiful campus includes several buildings that are on the National Register of Historic Places. The university offers a staggering 200 majors spread across 12 colleges and schools. IU has a multimillion-dollar athletic endowment for its 22 varsity sports teams, and Greek life comes standard for Hoosiers. Still, it offers alternatives to party-filled weekends, including a bowling alley in the student union and the Little 500, a huge collegiate bike race not unlike the Indianapolis 500. Though the size of the institution can seem intimidating, it's also IU's greatest asset -- where else can you study Hungarian and enjoy one of the largest harp departments in the world? The university's graduation rate is 78%. It stands out in Money's rankings in part for its relative affordability with an estimated net price of a degree coming in under $90,000. Just over 5% of colleges in Money's rankings can say the same.
CORONAVIRUS UPDATE
FALL 2020 PLAN: Classes at IU are a mix of in-person and online until Thanksgiving, then remote-only after Thanksgiving and through February 2021. Events like the Little 500 have either been canceled or made remote.
costs
Est. Full Price 2020-2021
$25,300
% of students who get any grants
64%
Est. price for students who receive aid
$12,500
Average price for low-income students
$5,300
admissions
Acceptance rate
77%
Median SAT/ACT Score
1260/28
SAT/ACT Required for Fall 2021?
no
Enrollment
32,990
Financial Aid
% of students with need who get grants
80%
% of need met
71%
% of students who get merit* grants
28%
Average merit grant
$6,680
student success
Graduation rate
78%
Average time to a degree
4.2 years
Average student debt
$20,500
Average salary within 5 years
$50,900
% earning more than $28,000
79%
key deadlines
Early decision application
Nov 1
Regular application
rolling

* Share of full-time undergraduates who had no financial need and were awarded grants.

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

coronavirus update

FALL 2020 PLAN: Classes at IU are a mix of in-person and online until Thanksgiving, then remote-only after Thanksgiving and through February 2021. Events like the Little 500 have either been canceled or made remote.

* Share of full-time undergraduates who had no financial need and were awarded grants.

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

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