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Annual Costs

Undergraduate Tuition

University of Southern Indiana tuition is $7,105 per year for in-state residents. This is 4% more expensive than the national average public four year tuition of $6,841. The cost is 64% cheaper than the average Indiana tuition of $19,989 for 4 year colleges. Tuition ranks 9th in Indiana amongst 4 year colleges for affordability and is the 63rd most expensive 4 year college in the state. If attending from out-of-state, the tuition is $17,347 which represents a 144% premium.

The school charges an additional fees of $500 in addition to tuition bringing the total effective in-state tuition to $7,605.

Housing Costs

On campus room and board is provided by the school at a cost of $8,896 per academic year. Students electing to live off campus elsewhere in Evansville should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,140.

Other Living Expenses

If living on-campus, students should budget for $2,302 in additional living expenses. Off-campus students should budget for $3,082 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Indiana residents to go to University of Southern Indiana is $19,943 for the 2015/2016 academic year. Out-of-state students who don't have Indiana residence can expect a one year cost of $30,185.

Citation: Price data from the U.S. Department of Education's 2016-2017 and 2015-2016 IPEDS survey response for University of Southern Indiana and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for University of Southern Indiana
Estimated Budgets
Indiana Resident Total Budget $19,943
   In-State Tuition$7,105
   Other Fees$500
   Room and Board$8,896
   On-Campus Other Budget$2,302
   Books and Supplies$1,140
Non-Resident Total Budget $30,185
   Out-of-State Tuition$17,347
   Other Fees$500
   Room and Board$8,896
   On-Campus Other Budget$2,302
   Books and Supplies$1,140

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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 $19,943 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 University of Southern Indiana net price for in-state students is $12,925* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

64% of University of Southern Indiana students received grant aid in 2014/2015. The average total aid amount was $6,074. 35 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 $4,156. To apply for a Pell Grant to attend University of Southern Indiana, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for University of Southern Indiana
Financial Aid Summary
Average Annual Net Price$12,925*
Percent of Students Receiving Grant Aid64%
Average Total Grant Aid$6,074
Percent of Students Receiving Pell Grants35%
Average Amount of Pell Grant Aid$4,156

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$8,465
$30,001 to $48,000$10,368
$48,001 to $75,000$15,298
$75,001 to $110,000$17,297
$110,000+$17,464

Average Financial Aid Mix - $19,943 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $19,943. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

34%
36%
29%

Grants and Scholarships

 34% - $6,074

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

Federal Loans

 36% - $6,434

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

Out of Pocket

 29% -  $5,133

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. University of Southern Indiana
Western Kentucky University39.5% more expensive
Austin Peay State University12.5% less expensive
Southeast Missouri State University15.8% less expensive
Indiana University Purdue University Indianapolis14.6% more expensive
Kentucky State University3.6% more 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 University of Southern Indiana.

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 University of Southern Indiana is $79,772 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 $11,650 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $46,600**

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 $99,715 or $58,250 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 University of Southern Indiana.

Indiana Resident Tuition Per Semester$3,552
Indiana Resident Total Cost Per Semester$9,972
Non-Indiana Resident Tuition Per Semester$8,674
Non-Indiana Resident Total Cost Per Semester$15,092

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 University of Southern Indiana 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 University of Southern Indiana
Price per credit hour for Indiana residents$237
Cost for one class for Indiana residents (3 credit hours)$711
Price per credit hour for out of state residents$578
Cost for one class for out of state residents (3 credit hours)$1,734
Cost for one class for out of state residents (4 credit hours)$2,312

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. 59% of University of Southern Indiana students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,434.

Example Loan Payments and Costs

How much are student loan payments for University of Southern Indiana? 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 $46,600, 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 $57,819.91. This could be your effective total out of pocket cost of an education at University of Southern Indiana. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 64% of students at this school who receive financial aid and you are paying an average annual net price of $11,650. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our University of Southern Indiana 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.

University of Southern Indiana Student Loan Payments
Example Payments
Monthly Loan Payment$481.83
Amount Borrowed$46,600.00
Interest Rate4.4%
Term10 years
Number of Monthly Payments120
Total Interest Cost$11,219.91
Sum of All Payments over 10 years$57,819.91

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend University of Southern Indiana? 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 University of Southern Indiana, 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 $57,819.91 would be needed to afford a $481.83 monthly payment in the example $46,600.00 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 University of Southern Indiana in the future? In the past four years, this school's published in-state tuition and fee total rose from $5,792 to $7,105. This amounts to an average annual price increase of 4.5%. 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 $79,772.00. 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 University of Southern Indiana.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2022$27,426$109,705
Estimated Cost in 10 years for students enrolling in 2027$35,004$140,015
Estimated Cost in 15 years for students enrolling in 2032 $44,675$178,698
Estimated Cost in 18 years for students enrolling in 2035 $51,716$206,865

Tuition History

What was tuition at University of Southern Indiana 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 in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearIn-StateOut-of-stateAnnual Increase
2012$5,792$13,787 4.5%
2011$5,540$13,186 1.2%
2010$5,474$12,755 16.2%
2009$4,709$10,946 5.6%
2008$4,458$10,345 9.4%
2007$4,074$9,627 5.4%
2006$3,867$9,159 3.5%
2005$3,736$8,684 6.7%
2004$3,502$8,274 10.2%
2003$3,178$7,586 12.1%
2002$2,834$6,850 5.5%
2001$2,686$6,493 -5%
2000$2,828$6,840 1.7%
1999$2,780$6,733 8.4%
1998$2,565$6,286 6.2%
1997$2,415$5,970 5.7%
1996$2,285$5,553 2%
1995$2,240$5,456 3.6%
1994$2,163$5,193 4.9%
1993$2,062$4,922 14%
1992$1,808$4,395 7.1%
1991$1,688$4,095 5.2%
1990$1,605$3,900 5.5%
1989$1,522$3,720 5.7%
1988$1,440$3,536 5%
1987$1,372$3,375

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at University of Southern Indiana 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
Health/Health Care Administration/Management Bachelor's Degree 105 2% cheaper
Elementary Education and Teaching Bachelor's Degree 96 10% cheaper
Registered Nursing/Registered Nurse Bachelor's Degree 86 11% cheaper
Social Work Bachelor's Degree 53 11% cheaper
Accounting Bachelor's Degree 47 14% cheaper
Radiologic Technology/Science - Radiographer Bachelor's Degree 46 3% cheaper
Biology/Biological Sciences, General Bachelor's Degree 43 21% cheaper
Engineering, General Bachelor's Degree 29 29% cheaper
History, General Bachelor's Degree 29 22% cheaper
Occupational Therapist Assistant Associate's Degree 28 55% costlier
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing, Other Bachelor's Degree 27 22% cheaper
Dental Assisting/Assistant Associate's Degree 26 56% costlier
Occupational Therapy/Therapist Bachelor's Degree 25 24% cheaper
Dental Hygiene/Hygienist Bachelor's Degree 24 14% cheaper
Radio and Television Bachelor's Degree 20 17% cheaper
Political Science and Government, General Bachelor's Degree 18 23% cheaper
Computer and Information Sciences, General Bachelor's Degree 16 13% cheaper
Economics, General Bachelor's Degree 13 28% cheaper
Respiratory Care Therapy/Therapist Associate's Degree 11 62% costlier
Nutrition Sciences Bachelor's Degree 11 28% cheaper
Mathematics, General Bachelor's Degree 10 22% cheaper
Criminal Justice/Safety Studies Bachelor's Degree 10 5% cheaper
Chemistry, General Bachelor's Degree 9 23% cheaper
Journalism Bachelor's Degree 9 17% cheaper
Geology/Earth Science, General Bachelor's Degree 9 23% cheaper
Business Administration and Management, General Associate's Degree 8 45% costlier
Physical Education Teaching and Coaching Bachelor's Degree 8 9% cheaper
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 8 24% cheaper
Operations Management and Supervision Bachelor's Degree 7 2% cheaper
Computer Science Bachelor's Degree 7 23% cheaper
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 6 20% cheaper
Biological and Physical Sciences Bachelor's Degree 6 21% cheaper
Secondary Education and Teaching Bachelor's Degree 6 13% cheaper
International Relations and Affairs Bachelor's Degree 4 32% cheaper
Special Education and Teaching, Other Bachelor's Degree 4 10% cheaper
Finance, General Bachelor's Degree 4 14% cheaper
Psychology, General Bachelor's Degree 3 20% cheaper
Philosophy Bachelor's Degree 3 29% cheaper
Spanish Language and Literature Bachelor's Degree 2 25% cheaper
Early Childhood Education and Teaching Associate's Degree 2 63% costlier
Marketing/Marketing Management, General Bachelor's Degree 2 12% cheaper
Manufacturing Engineering Technology/Technician Bachelor's Degree 2 1% costlier
Art/Art Studies, General Bachelor's Degree 2 18% cheaper
French Language and Literature Bachelor's Degree 2 30% cheaper
English Language and Literature, General Bachelor's Degree 2 20% cheaper
Business Teacher Education Bachelor's Degree 2 2% costlier
Advertising Bachelor's Degree 2 15% cheaper
Mass Communication/Media Studies Bachelor's Degree 1 16% cheaper
Social Sciences, General Associate's Degree 1 55% costlier
Kinesiology and Exercise Science Bachelor's Degree 1 17% cheaper
Biophysics Bachelor's Degree 1 41% cheaper
Sociology Bachelor's Degree 1 22% cheaper
Sport and Fitness Administration/Management Bachelor's Degree 1 15% cheaper
German Language and Literature Bachelor's Degree 1 32% cheaper

Calculators

Use the calculators below to formulate a college savings plan for University of Southern Indiana 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 University of Southern Indiana 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 University of Southern Indiana student loan.

Prepayment Option

About University of Southern Indiana

University of Southern Indiana is a four year public college located in Evansville, Indiana.  Full time enrollment is 7,073 and part time is 3,598.

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

Address
University of Southern Indiana
8600 University Blvd
Evansville, Indiana
47712

For Profit / Not For Profit Status

University of Southern Indiana 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.

University of Southern Indiana cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=151306 IPEDS survey data.

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