Editor’s note: This story was updated June 7 to reflect the Board of Trustees approving the proposed tuition and fees.
BLOOMINGTON, Ind. — The Indiana University Board of Trustees approved tuition and fees for the 2023-24 and 2024-25 academic years following a public hearing on June 7 at IUPUI.
Trustees approved an annual tuition and mandatory fees increase of 3% over the next two years for undergraduate resident (in-state) students at all IU campuses. The increase — which remains below average inflation and lower than Indiana Commission for Higher Education guidance — will support faculty recruitment and retention while addressing increases in expenses for labor, services and other fixed costs.
Tuition at IU Bloomington and IUPUI will increase by $343 and $304, respectively, during the 2023-24 academic year. Regional campuses will see a tuition increase of $238 in 2023-24.
Included in the proposal was a new, simplified fee structure that will reduce the current academic fee list by half, resulting in a reduction for most students and saving the student body as a whole $14.5 million a year beginning in fiscal year 2024. Under the leadership of IU President Pamela Whitten, the university established an Academic Tuition and Fees Task Force last year with the goals of simplifying the fee structure, reducing fees, and ensuring greater transparency for students in the tuition and fees structure.
In the past eight years, the university has also increased institutional aid by 57 percent to help make an IU degree more accessible. Additionally, more than half of this year’s undergraduates left IU’s campuses with zero debt. According to the latest available comparative data from the Integrated Postsecondary Education Data System, IU Bloomington’s net cost is the third lowest in the Big Ten, with IU’s regional campuses offering the lowest average net price of all Indiana universities.
Details of the recommended tuition and fees are available on the website of the Office of the Executive Vice President for Finance and Administration.
