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Annual Costs

Undergraduate Tuition

Indiana University Northwest tuition is $6,370 per year for in-state residents. This is 4% cheaper than the national average public four year tuition of $6,614. The cost is 67% cheaper than the average Indiana tuition of $19,542 for 4 year colleges. Tuition ranks 6th in Indiana amongst 4 year colleges for affordability and is the 66th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $17,786 which represents a 179% premium.

The school charges an additional fees of $593 in addition to tuition bringing the total effective in-state tuition to $6,963.

Housing Costs

Indiana University Northwest doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Gary area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $7,178.

Books and Supplies

The estimated annual cost for books and supplies is $1,066.

Other Living Expenses

Off-campus students should budget for $4,216 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Indiana residents to go to IU Northwest is $19,423 for the 2015/2016 academic year. Out-of-state students who don't have Indiana residence can expect a one year cost of $30,839. Students residing at home with parents providing food and housing should budget a total cost of $12,245.

Citation: Price data from the U.S. Department of Education's 2015-2016 and 2014-2015 IPEDS survey response for Indiana University Northwest and represent reported costs for the 2015-2016 and 2014-2015 academic years.

Costs and Tuition for Indiana University Northwest
Estimated Budgets
Indiana Resident Total Budget (Living Off Campus)$19,423
   In-State Tuition$6,370
   Other Fees$593
   Off-Campus Housing Budget$7,178
   Off-Campus Other Budget$4,216
   Books and Supplies$1,066
Indiana Resident Total Budget (Living with Parents)$12,245
   In-State Tuition$6,370
   Other Fees$593
   Family Provided Room and Board$0
   With-Family Other Living Budget$4,216
   Books and Supplies$1,066
Non-Resident Total Budget (Living Off Campus)$30,839
   Out-of-State Tuition$17,786
   Other Fees$593
   Off-Campus Housing Budget$7,178
   Off-Campus Other Budget$4,216
   Books and Supplies$1,066

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $19,423 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported IU Northwest net price for in-state students is $7,563* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

53% of Indiana University Northwest students received grant aid in 2014/2015. The average total aid amount was $6,866. 39 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,771. To apply for a Pell Grant to attend Indiana University Northwest, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Indiana University Northwest
Financial Aid Summary
Average Annual Net Price$7,563*
Percent of Students Receiving Grant Aid53%
Average Total Grant Aid$6,866
Percent of Students Receiving Pell Grants39%
Average Amount of Pell Grant Aid$4,771

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$5,488
$30,001 to $48,000$6,293
$48,001 to $75,000$10,415
$75,001 to $110,000$13,317
$110,000+$13,861

Average Financial Aid Mix - $19,423 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $19,423. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

45%
35%
20%

Grants and Scholarships

 45% - $6,866

Money granted to you by the U.S. Department of Education, Indiana University Northwest or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 35% - $5,301

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 20% -  $3,040

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. Indiana University Northwest
Northeastern Illinois University21.3% more expensive
Indiana University South Bend0.4% more expensive
University of Wisconsin Parkside1.1% less expensive
Indiana State University31.6% more expensive
Indiana University Southeast0.2% less expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Indiana University Northwest.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at IU Northwest is $77,692 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $12,337 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $49,348**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $97,115 or $61,685 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Indiana University Northwest.

Indiana Resident Tuition Per Semester$3,185
Indiana Resident Total Cost Per Semester$9,712
Non-Indiana Resident Tuition Per Semester$8,893
Non-Indiana Resident Total Cost Per Semester$15,420

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Indiana University Northwest are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Indiana University Northwest
Price per credit hour for Indiana residents$212
Cost for one class for Indiana residents (3 credit hours)$636
Price per credit hour for out of state residents$593
Cost for one class for out of state residents (3 credit hours)$1,779
Cost for one class for out of state residents (4 credit hours)$2,372

Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 39% of Indiana University Northwest students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,301. The reported average student debt upon graduation is $32,550.

Example Loan Payments and Costs

How much are student loan payments for Indiana University Northwest? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $49,348, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $60,774.49. This could be your effective total out of pocket cost of an education at Indiana University Northwest. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 53% of students at this school who receive financial aid and you are paying an average annual net price of $12,337. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Indiana University Northwest student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Indiana University Northwest Student Loan Payments
Example Payments
Monthly Loan Payment$506.45
Amount Borrowed$49,348.00
Interest Rate4.3%
Term10 years
Number of Monthly Payments120
Total Interest Cost$11,426.49
Sum of All Payments over 10 years$60,774.49

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend IU Northwest? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Indiana University Northwest, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $60,774.49 would be needed to afford a $506.45 monthly payment in the example $49,348.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Indiana University Northwest in the future? In the past four years, this school's published in-state tuition and fee total rose from $5,896 to $6,370. This amounts to an average annual price increase of 2%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $77,692.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Indiana University Northwest.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2022$26,711$106,845
Estimated Cost in 10 years for students enrolling in 2027$34,091$136,364
Estimated Cost in 15 years for students enrolling in 2032 $43,510$174,039
Estimated Cost in 18 years for students enrolling in 2035 $50,368$201,471

Tuition History

What was tuition at IU Northwest five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.

YearIn-StateOut-of-stateAnnual Increase
2010$5,919$15,024 4.4%
2009$5,669$13,784 5%
2008$5,398$12,906 5%
2007$5,142$12,086 4.9%
2006$4,902$11,580 4.1%
2005$4,707$11,097 3.8%
2004$4,536$10,487 21.5%
2003$3,734$9,457 8.3%
2002$3,447$8,746 6.5%
2001$3,237$8,213 2.4%
2000$3,161$7,898 4.6%
1999$3,021$7,524 4.8%
1998$2,883$7,212 4.2%
1997$2,768$6,929 6.7%
1996$2,595$6,576 5.3%
1995$2,465$6,236 9.6%
1994$2,250$5,721 6.9%
1993$2,105$5,300 7.8%
1992$1,952$4,910 6.9%
1991$1,826$4,548 5.9%
1990$1,724$4,214 6%
1989$1,626$3,974 5.3%
1988$1,544$3,760 5.2%
1987$1,468$3,554

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Indiana University Northwest to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Registered Nursing/Registered Nurse Bachelor's Degree 76 9% cheaper
Radiologic Technology/Science - Radiographer Associate's Degree 39 65% costlier
Psychology, General Bachelor's Degree 36 18% cheaper
Elementary Education and Teaching Bachelor's Degree 32 8% cheaper
Criminal Justice/Safety Studies Associate's Degree 20 65% costlier
Dental Hygiene/Hygienist Associate's Degree 20 63% costlier
Biology/Biological Sciences, General Bachelor's Degree 15 19% cheaper
Health Information/Medical Records Technology/Technician Associate's Degree 13 61% costlier
Computer and Information Sciences, General Bachelor's Degree 12 11% cheaper
General Studies Associate's Degree 12 53% costlier
Health Services Administration Bachelor's Degree 11 2% cheaper
English/Language Arts Teacher Education Bachelor's Degree 10 7% cheaper
Business/Commerce, General Associate's Degree 9 46% costlier
Art/Art Studies, General Bachelor's Degree 9 16% cheaper
Liberal Arts and Sciences/Liberal Studies Associate's Degree 8 45% costlier
Public Administration Bachelor's Degree 7 5% cheaper
Speech Communication and Rhetoric Bachelor's Degree 7 18% cheaper
Social Studies Teacher Education Bachelor's Degree 6 13% cheaper
Chemistry, General Bachelor's Degree 5 21% cheaper
History, General Bachelor's Degree 4 20% cheaper
Anthropology Bachelor's Degree 3 27% cheaper
Secondary Education and Teaching Bachelor's Degree 3 11% cheaper
Actuarial Science Bachelor's Degree 3 23% cheaper
Mathematics Teacher Education Bachelor's Degree 3 8% cheaper
Political Science and Government, General Bachelor's Degree 3 21% cheaper
Labor Studies Associate's Degree 3 1% costlier
Mathematics, General Bachelor's Degree 2 20% cheaper
African-American/Black Studies Bachelor's Degree 1 31% cheaper
English Language and Literature, General Bachelor's Degree 1 19% cheaper
Sociology Bachelor's Degree 1 20% cheaper
Spanish Language and Literature Bachelor's Degree 1 24% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Indiana University Northwest or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Indiana University Northwest in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Indiana University Northwest student loan.

Prepayment Option

About Indiana University Northwest

Indiana University Northwest is a four year public college located in Gary, Indiana.  Full time enrollment is 3,051 and part time is 2,797.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Indiana University Northwest
3400 Broadway
Gary, Indiana
46408-1197

For Profit / Not For Profit Status

Indiana University Northwest is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

Indiana University Northwest cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=151360 IPEDS survey data.

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