CollegeTuitionData — College Data in Plain English

Indiana State University

Terre Haute, IN 47809 — Public

Value Score: 75/100 | ROI Score: 18 | Affordability Score: 90/100

Tuition (In-State): $10,258 | Out-of-State: $22,322

Acceptance Rate: 80.8% | Graduation Rate: 41.9% | Retention Rate: 65.8%

Median Earnings (10yr): $48,387 | Median Debt: $24,000

Student Body Size: 6,188 (medium)

Pell Grant Recipients: 41.6% | Federal Loan Rate: 26.0%

Average Faculty Salary: $8,104/month

Tuition & Affordability Analysis

In-state tuition at Indiana State University is $10,258 per year, which is 6% below the national average for public institutions.

Out-of-state students pay $22,322/year — a premium of $12,064 over in-state rates. Over four years, out-of-state students pay approximately $48,256 more than their in-state peers.

Estimated four-year tuition cost: $41,032 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Indiana State University:

  • Families earning $0–$30,000: $6,455/year
  • Families earning $30,001–$48,000: $6,571/year
  • Families earning $48,001–$75,000: $9,317/year
  • Families earning $75,001–$110,000: $15,450/year
  • Families earning $110,000+: $19,345/year

Low-income families receive an average discount of $3,803/year, paying just 63% of the sticker price.

Admissions Snapshot

Indiana State University has an acceptance rate of 80.8%, placing it in the Less Selective (70–85%) category. This means roughly 1,915 students apply each year.

Indiana State University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

Graduate Outcomes & Return on Investment

41.9% of students at Indiana State University complete their degree, 32% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 65.8% (19% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Indiana State University earn a median salary of $48,387 ten years after enrollment, 18% above the national average. This represents a $13,387/year earnings premium over the average high school diploma holder, or $401,610 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $24,000, 12% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $260/month, with a total repayment of $31,200 (including $7,200 in interest).

Debt-to-Earnings Ratio: 0.50x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Indiana State University pays for itself in approximately 4 years. This is an excellent return on investment.

Financial Aid Profile

41.6% of students at Indiana State University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 26% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

26.0% of students take federal loans, 45% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $8,104/month, 7% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Indiana State University enrolls 6,188 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.

Diversity Index: 53/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 66%, Hispanic 7%, Black 17%, Asian 2%.

Indiana State University: Medium-Sized Public Institution with Strong Affordability

Report Card: Overall Grade C-

Indiana State University receives an overall grade of C- based on six dimensions:

  • Academics: D
  • Value: D
  • Outcomes: C+
  • Affordability: C+

College Analysis

Indiana State University is a Public institution in Terre Haute, IN with approximately 6,188 students. Indiana State University has a relatively low graduation rate compared to its peers. The university offers competitive earnings potential for graduates after 10 years. Indiana State University has a strong affordability score, making it a good value for in-state students. The university has a diverse student body, with a significant portion of students being white.

The Verdict: Is Indiana State University Worth It?

When evaluating Indiana State University's value, a direct and honest assessment is crucial. For in-state students, with tuition at $10,258, ISU presents a *conditional value*. The median earnings 10 years after enrollment are $48,387, and the median debt is $24,000. This means an in-state graduate, if they secure a job near the median earnings, could realistically pay off their debt in approximately 5-7 years, assuming a disciplined approach to finances. However, the low 41.9% graduation rate is a significant red flag; nearly 60% of students do not complete their degree, which severely diminishes any potential ROI. For out-of-state students, with tuition soaring to $22,322, ISU is *overpriced*. The higher cost, combined with the same moderate median earnings and a low graduation rate, makes it a less attractive financial proposition. The ROI Score of 18 further reinforces that, while not the worst, it's far from a strong return on investment compared to many other institutions. It is not a 'hidden gem' due to these metrics. In conclusion, Indiana State University can be a reasonable deal for highly motivated in-state students who are committed to graduating and actively utilizing career services to secure employment in their field. For out-of-state students, or those who may struggle with retention and graduation, the financial risk outweighs the potential reward. My clear recommendation is: **Proceed with caution, especially if you are an out-of-state applicant. In-state students must prioritize graduation and career planning from day one to maximize their investment.**

Return on Investment

While the degree is worth the cost for in-state students, out-of-state students may find the higher tuition to be a significant drawback.

Debt Reality Check

Median student debt at Indiana State University: $24,000. Monthly payment on a standard 10-year plan: $273/month. Total repaid: $32,760 ($8,760 in interest).

Breakeven vs high school diploma: 1.3 years. Debt burden: Manageable. Salary needed for comfortable repayment: $32,760.

Strengths

  • Strong affordability and value for in-state students
  • Competitive earnings potential for graduates
  • Diverse student body

Weaknesses

  • Below-average graduation rate
  • Predominantly white student body
  • Higher tuition for out-of-state students

Academic Profile

Retention Rate: 65.8%.

Indiana State University is built on a foundation of practical, career-focused education, particularly strong in professional fields that directly address workforce needs. The university's academic strengths lie in its commitment to hands-on learning, community engagement, and preparing students for immediate entry into their chosen careers.

Among its most notable departments and programs are those within the Scott College of Business, which holds AACSB accreditation, a hallmark of quality for business schools. Programs like Accounting, Finance, Marketing, and Management are highly regarded, often incorporating real-world projects and internships. The Bayh College of Education has a long and distinguished history, producing educators and administrators who serve across Indiana and beyond, with strong programs in Elementary Education, Special Education, and School Administration.

The College of Health and Human Services is another powerhouse, home to popular and competitive programs such as Nursing, Social Work, Athletic Training, and Criminology and Criminal Justice. These programs emphasize clinical experience, field placements, and community partnerships, providing students with invaluable practical skills. The College of Arts and Sciences offers a broad range of liberal arts degrees, with particular strength in areas like Psychology, Biology, and Chemistry, often providing opportunities for undergraduate research.

Research opportunities are accessible for undergraduates, with faculty actively involving students in projects across disciplines. This hands-on experience is a significant advantage, allowing students to contribute to new knowledge and develop critical analytical skills. While specific faculty salary data is unavailable, the university's focus on teaching and student mentorship is evident, supported by a student-faculty ratio that fosters personalized attention.

High-achieving students can pursue the University Honors Program, which offers enriched coursework, smaller class sizes, opportunities for independent study and research, and often dedicated housing. ISU also provides various academic support resources, including a comprehensive tutoring center, a writing center, academic advising, and career services, all designed to ensure student success from orientation through graduation. Study abroad programs are available, encouraging students to gain global perspectives through short-term trips or semester-long exchanges with partner institutions worldwide.

Financial Aid Guide for Indiana State University

Pell Grant recipients: 41.6%. Students taking federal loans: 26.0%.

Navigating financial aid at Indiana State University is a crucial step for many students, and ISU is committed to making higher education accessible. With an in-state tuition of $10,258 and out-of-state tuition at $22,322, ISU offers a relatively affordable public university education, but understanding the aid landscape is key.

Merit-based aid is a significant component of ISU's financial aid strategy, particularly for attracting strong academic candidates. While specific SAT/ACT scores are not provided, ISU's merit scholarships primarily consider high school GPA and course rigor. Scholarships like the President's Scholarship or Sycamore Scholarship can range from $1,000 to $5,000 annually for in-state students with competitive GPAs (e.g., 3.0-3.5+), with higher amounts potentially available for out-of-state students to offset the higher tuition. These are often automatically considered upon admission, but some may require a separate application.

Need-based aid is primarily determined by the Free Application for Federal Student Aid (FAFSA). Students with demonstrated financial need may qualify for federal Pell Grants, Supplemental Educational Opportunity Grants (SEOG), and Federal Work-Study. Indiana residents should also complete the FAFSA by the state's priority deadline (typically April 15th) to be considered for state-specific aid like the Frank O'Bannon Grant and the 21st Century Scholars Program, which can significantly reduce costs.

Typical aid packages vary widely. A low-income Indiana resident might receive a Pell Grant (up to $7,395 for 2023-24), a Frank O'Bannon Grant (potentially $2,000-$4,000), and a small merit scholarship, significantly reducing their out-of-pocket tuition. Middle-income families might see a combination of smaller merit aid, federal student loans, and potentially some institutional grants. The median debt of $24,000 suggests that many students do utilize loans to finance their education.

Scholarship tips: Apply for admission early to be considered for institutional scholarships. Explore departmental scholarships within your chosen major, as these often have specific criteria and less competition. Don't overlook external scholarships from local organizations, foundations, and national programs. While negotiating aid is less common at public universities, if your financial situation changes significantly or you receive a more generous offer from a comparable institution, it's always worth contacting the ISU Financial Aid Office to discuss your options.

Hidden Costs at Indiana State University

  • On-campus housing costs can range from $6,000 to $8,500 per year, depending on the residence hall and room type, which is separate from tuition.
  • Meal plans are mandatory for most on-campus residents and can add an estimated $4,000 to $5,500 annually, varying by the number of meals and dining dollars included.
  • Textbooks and course materials are an often-underestimated expense, typically costing around $1,000 to $1,200 per year, though digital options can sometimes reduce this.
  • University fees, beyond tuition, include technology fees, activity fees, and health service fees, which can total an additional $800 to $1,200 per year.
  • Personal expenses, covering everything from toiletries and laundry to entertainment and incidentals, can easily amount to $1,500 to $2,500 annually.
  • Transportation costs, including gas, car maintenance, or public transit, plus a parking permit (around $150-$250 per year if you bring a car), should be budgeted, especially for students traveling home frequently.
  • Health insurance is required, and if you're not covered by a parent's plan, the university offers a student health insurance plan that can cost approximately $2,000 to $3,000 per year.

Alumni Outcomes & Career Paths

Indiana State University graduates primarily find their footing within Indiana and the surrounding Midwest, leveraging the university's strong regional connections. Major employers actively recruiting from ISU include prominent healthcare systems like IU Health, Franciscan Health, and Terre Haute Regional Hospital, particularly for nursing and health sciences graduates. The Vigo County School Corporation and other regional school districts are significant employers for education majors, reflecting ISU's historical strength in teacher preparation. In the business sector, alumni often secure roles with companies such as Eli Lilly and Company, Cummins, and Rolls-Royce (primarily in the Indianapolis area), as well as regional banks, logistics firms, and manufacturing companies like Sony DADC and Novelis in Terre Haute. Industries where ISU alumni cluster include K-12 Education, Healthcare, Public Service (law enforcement, social work, government agencies), and various sectors within Business, including finance, marketing, and supply chain management.

While specific graduate school placement rates are not publicly detailed, ISU provides a solid foundation for students pursuing advanced degrees at institutions like Indiana University, Purdue University, and other regional universities, particularly in fields such as education, social work, and public administration. The university's Career Center plays a crucial role in student success, offering comprehensive services including resume and cover letter workshops, interview preparation, career counseling, and hosting numerous job fairs throughout the year, connecting students directly with employers. Internship pipelines are robust, especially within the Terre Haute community and Indianapolis, providing practical experience in healthcare, education, local government, and various businesses. Notable alumni, such as basketball legends Larry Bird and John Wooden, and NASCAR driver Tony Stewart, highlight the diverse paths graduates can take, though these are exceptional cases. Geographically, the vast majority of graduates remain in Indiana, with significant concentrations in Terre Haute, Indianapolis, and Evansville, followed by neighboring states like Illinois, Ohio, and Kentucky, where the ISU brand holds regional recognition.

Campus Life & Culture at Indiana State University

Indiana State University's student body of 6,188 is predominantly composed of in-state students from Indiana, with a significant representation of first-generation college students. It attracts a diverse mix of individuals seeking a practical, career-oriented education in a supportive community environment. Students who thrive here are often those who value hands-on learning, appreciate a close-knit campus feel, and are looking for an affordable path to a professional career.

Life at Indiana State University is characterized by a strong sense of community and Sycamore pride, fostering an environment where students can easily find their niche. With 6,188 students, ISU strikes a balance between offering a comprehensive university experience and maintaining a welcoming, accessible atmosphere. The Hulman Memorial Student Union (HMSU) serves as the vibrant heart of campus, a central hub for dining, student services, and social gatherings, often bustling with activity. Students can choose from over 200 student organizations, ranging from academic and professional clubs to special interest groups and service organizations, ensuring there's something for every passion. Greek life is present and active, with a variety of fraternities and sororities contributing to the social scene and community service efforts, though it doesn't dominate campus culture.

Athletics are a significant part of the ISU experience. As an NCAA Division I school in the Missouri Valley Conference, the Sycamores generate considerable school spirit, especially around basketball, football, and track & field. Attending games at Hulman Center or Memorial Stadium is a popular pastime, uniting students, faculty, and alumni.

For housing, freshmen are typically required to live on campus, which greatly aids in transition and community building. ISU offers a mix of traditional residence halls and suite-style living, with options like Living-Learning Communities (LLCs) that group students with similar academic or personal interests. Dining options are plentiful, with multiple dining halls offering all-you-care-to-eat buffets, alongside retail dining spots in the HMSU and other campus locations, catering to diverse tastes and dietary needs.

Beyond campus, Terre Haute offers a smaller city experience. While not a bustling metropolis, there are local restaurants, shops, and parks for exploration. Many students find their social life primarily on campus through events, organizations, and residence hall activities. Traditions like Homecoming, the Sycamore Showcase, and various campus festivals throughout the year further solidify the tight-knit community feel. The campus itself is walkable and green, with the iconic fountain and quad serving as popular gathering spots, embodying a classic collegiate vibe.

Campus Highlights

  • NCAA Division I Athletics: Strong Sycamore spirit, especially for basketball and track & field, fostering a vibrant game-day atmosphere.
  • Hands-on, Career-Focused Programs: Renowned for practical education in Nursing, Education, Business (AACSB accredited), and Criminology, preparing students for immediate employment.
  • Accessible Undergraduate Research: Opportunities for students to engage in meaningful research with faculty mentors across various disciplines.
  • Vibrant Student Life: Over 200 student organizations and a bustling Hulman Memorial Student Union (HMSU) ensure a dynamic social and extracurricular scene.
  • Commitment to Community Engagement: Strong emphasis on service learning and community partnerships, providing real-world experience and civic responsibility.
  • Affordable Public Education: Offers a high-value education with competitive in-state tuition, making it an accessible option for many students.
  • The 'Sycamore' Identity: A unique and strong sense of place and tradition, from the mascot Sycamore Sam to campus-wide events and pride.

Location & Regional Advantages

Indiana State University's location in Terre Haute, Indiana, offers a distinct set of geographic advantages and considerations for students. Terre Haute, often called the 'Crossroads of America,' is a mid-sized city with a strong sense of community. The local job market, while not as expansive as a major metropolitan area, is stable and provides opportunities in key sectors. Healthcare is a dominant industry, with Union Hospital and Terre Haute Regional Hospital being major employers, offering clinical and administrative roles. Education is another pillar, with the Vigo County School Corporation and ISU itself providing numerous positions. Manufacturing and logistics also contribute significantly, with companies like Sony DADC and Novelis having a presence.

The cost of living in Terre Haute is notably lower than the national average, making it an attractive location for students and recent graduates looking to manage expenses. This affordability extends to housing, groceries, and transportation, allowing graduates to stretch their entry-level salaries further. While Terre Haute itself is not a major industry hub, it is strategically located approximately an hour west of Indianapolis, Indiana's capital and largest city, which boasts a much broader array of corporate, tech, and healthcare opportunities. This proximity allows ISU students to pursue internships and post-graduation jobs in a larger market without the high cost of living associated with it.

Quality of life in Terre Haute is characterized by its community-oriented atmosphere, local parks, and cultural events. The Wabash River provides recreational opportunities, and the city offers a blend of small-town charm with essential amenities. The weather features four distinct seasons, with warm summers and cold, snowy winters. Safety is generally good within the university area and residential neighborhoods, though like any city, awareness is key. For career opportunities post-graduation, ISU's location fosters strong regional employer relationships, particularly within Indiana. Graduates benefit from a localized network, but those seeking broader or more specialized roles may need to leverage the proximity to Indianapolis or consider relocation to larger Midwestern cities, which are still within a reasonable driving distance.

How to Get Into Indiana State University

Gaining admission to Indiana State University, with an 80.8% admission rate, is generally accessible for students who meet the academic requirements and demonstrate a readiness for college-level work. The admissions office values a solid academic record, but the emphasis is more on consistent performance and course rigor rather than exceptionally high test scores (which are not required for admission, as ISU is test-optional).

For prospective students, a GPA of 2.5 to 3.0 or higher on a 4.0 scale, coupled with a strong college preparatory curriculum, will make you a competitive applicant. While test scores are not required, submitting them if they are strong (e.g., an ACT composite of 18-22 or higher) can sometimes bolster your application for merit scholarship consideration.

ISU offers Early Action (EA), which is highly recommended. Applying by the early action deadline (typically November 1st or December 1st) provides several advantages: you receive an admissions decision sooner, get priority consideration for institutional scholarships, and often have better access to preferred housing options. There is no binding Early Decision option.

When it comes to the application itself, focus on presenting a clear picture of your academic journey and aspirations. If an essay is optional, consider writing one to showcase your personality, writing skills, and why ISU is a good fit for you. Topics that highlight personal growth, community involvement, or your passion for a specific field of study are often effective. Demonstrated interest, while not a make-or-break factor for a school with this acceptance rate, can still be beneficial. Visiting campus, attending virtual information sessions, or engaging with admissions counselors shows your genuine interest and can subtly strengthen your application.

Timeline recommendations: Aim to submit your application in the fall of your senior year, ideally by the Early Action deadline. Ensure your FAFSA is completed as soon as possible after October 1st to maximize your eligibility for federal and state financial aid, especially for Indiana residents seeking state grants.

How Indiana State University Compares to Similar Schools

Similar schools: Ball State University (Muncie, IN), University of Southern Indiana (Evansville, IN), Eastern Illinois University (Charleston, IL), Western Kentucky University (Bowling Green, KY)

Advantages

  • Potentially lower in-state tuition compared to some regional peers, making it more accessible for Indiana residents.
  • Strong regional employer connections, particularly in education, healthcare, and public service within Indiana.
  • A more intimate campus environment due to its smaller size compared to larger state universities.
  • Specific program strengths, such as criminology, education, and certain health sciences, are well-regarded regionally.

Disadvantages

  • Significantly lower graduation rate (41.9%) compared to many peer institutions, indicating challenges in student retention and success.
  • Lower median earnings 10 years post-enrollment ($48,387) compared to some peers, potentially impacting long-term financial outcomes.
  • Less national brand recognition and a smaller alumni network outside of the immediate Indiana region.

Best For

  • Students seeking a diverse campus experience may find the predominantly white student body less appealing.
  • Out-of-state students may find the higher tuition costs to be a significant barrier.

Avoid If

  • Students looking for a more affordable option within the state may want to consider other in-state public universities with even lower tuition rates.
  • Students with a preference for a more diverse student body may want to explore other institutions.

Frequently Asked Questions about Indiana State University

How much does it cost to attend Indiana State University?

In-state tuition at Indiana State University is $10,258 per year, and out-of-state tuition is $22,322 per year. The median student debt at graduation is $24,000.

What is the acceptance rate at Indiana State University?

Indiana State University has an acceptance rate of 80.8%.

What is the graduation rate at Indiana State University?

Indiana State University has a graduation rate of 41.9%.

How much do Indiana State University graduates earn?

The median earnings for Indiana State University graduates 10 years after enrollment is $48,387. With median debt of $24,000, graduates earn roughly 2.0x their debt level annually.

How big is Indiana State University?

Indiana State University has approximately 6,188 students and is classified as a medium institution. It is located in Terre Haute, IN and is a Public institution.

Is Indiana State University worth the cost?

Indiana State University has an ROI score of 18 out of 100. With in-state tuition of $10,258 per year and median post-graduation earnings of $48,387, the data suggests the return on investment may be below average.

Where is Indiana State University located?

Indiana State University is located in Terre Haute, IN. It is a Public institution with approximately 6,188 students.

How much student debt do Indiana State University graduates have?

The median student debt for Indiana State University graduates is $24,000. With median earnings of $48,387 ten years after enrollment, graduates can expect a debt-to-income ratio of 50%.

Is Indiana State University a good college?

Indiana State University has a graduation rate of 41.9% and median post-graduation earnings of $48,387. Graduation rate is below the national average for public universities.

How does Indiana State University compare to similar colleges?

In-state tuition is significantly lower than out-of-state tuition. Indiana State University offers better value for in-state students compared to its out-of-state counterparts due to lower tuition and high affordability score.

What career prospects do Indiana State University graduates have?

Graduates from Indiana State University can expect competitive earnings potential, making it a good choice for those looking to enter the job market with a solid income.

What should prospective students know about Indiana State University?

Indiana State University is well-positioned in the market as a cost-effective option for in-state students, offering strong value and competitive earnings potential.

What makes Indiana State University stand out?

The student body is predominantly white, with a small percentage of Asian students.

What are the pros and cons of attending Indiana State University?

Median earnings for graduates 10 years after graduation are above the national average.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.