Indiana University-Indianapolis
Cost of Attendance Breakdown
| Annual Cost of Attendance | $38,992 |
| Tuition & Fees | $20,092 |
| Living Expenses | $18,900 |
| Federal Loan Cap (Graduate) | −$20,500 |
| Annual Funding Gap | $18,492 |
Cover Your $18,492 Gap
Indiana University-Indianapolis Graduate Studies — Graduate (base rate) students typically need $18,492 in private loans per year to bridge the gap between federal aid and cost of attendance. Pre-qualify with a soft credit check — no impact to your score.
Based on our analysis of 7,333 programs at 1,861 universities · thefundinggap.org
What This Means for You
Moderate gap — plan ahead
A $18,492/year gap adds up to $36,984 over the full program. This requires intentional planning but is manageable with the right strategy.
- Contact the financial aid office — many schools offer institutional grants for students with demonstrated need
- Look into graduate assistantships, which often include tuition waivers
- Compare private loan options — rates vary significantly by lender and credit profile
- Consider whether in-state residency (if applicable) would reduce your costs
Need help navigating financial aid? Start with FAFSA
In-State vs. Out-of-State
In-State (Resident)
Out-of-State (Non-Resident)
Out-of-state students face a $12,092 larger gap per year due to non-resident tuition surcharges.
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Frequently Asked Questions
What is the federal loan limit for Indiana University-Indianapolis Graduate Studies — Graduate (base rate) students?
Under the OBBBA (effective July 1, 2026), Indiana University-Indianapolis Graduate Studies — Graduate (base rate) students can borrow up to $20,500 per year in federal Direct Loans. This is the graduate annual cap. The aggregate lifetime limit is $100,000 for graduate students.
Can I still get a Grad PLUS loan for Indiana University-Indianapolis?
No. Starting July 1, 2026, the Grad PLUS loan program is eliminated under the OBBBA. All graduate and professional students are subject to fixed annual borrowing caps ($20,500/year for graduate programs). Students who need additional funding beyond the cap must use private loans, institutional aid, scholarships, or personal funds.
How much does Indiana University-Indianapolis Graduate Studies — Graduate (base rate) cost per year?
The total cost of attendance for Indiana University-Indianapolis Graduate Studies — Graduate (base rate) is $38,992 per year. Over the full 2-year program, the total cost is $77,984.
What is the funding gap for Indiana University-Indianapolis Graduate Studies — Graduate (base rate)?
The annual funding gap is $18,492, calculated as the difference between the total cost of attendance ($38,992) and the federal loan cap ($20,500). Over the full 2-year program, the total gap is $36,984. This is above the national median of $15,305 for Graduate (General) programs.
Is Indiana University-Indianapolis Graduate Studies — Graduate (base rate) classified as graduate or professional?
Indiana University-Indianapolis Graduate Studies — Graduate (MA/MS/PhD) is classified as graduate under 34 CFR § 668.2. This means the annual federal loan cap is $20,500/year, with an aggregate limit of $100,000.
Related Articles
What the OBBBA Means for Graduate Students
The 2026 law eliminates Grad PLUS loans and sets a $20,500/year cap. Here's what changes and what doesn't.
Read more →How to Fund the Gap Without Grad PLUS
Scholarships, assistantships, private loans, and employer programs — a practical guide to covering unfunded costs.
Read more →Private Student Loans: What to Know in 2026
Credit requirements, cosigner impact, and how to compare rates across lenders.
Read more →Sources & Methodology
Data Sources
- Cost of attendance: Sourced from Indiana University-Indianapolis’s official tuition and fees page for the 2025–2026 academic year.
- Federal loan caps: Defined by the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, Title VIII, Section 81001, amending 20 U.S.C. § 1087e(a), paragraph 4(A)(i).
- IPEDS data: Institutional characteristics from the Integrated Postsecondary Education Data System (NCES), Unit ID: 151111.
- Program classification: MA/MS/PhD is classified as graduate per 34 CFR § 668.2, with an annual federal loan cap of $20,500.
Methodology
- Funding gap = Cost of Attendance − Federal Loan Cap. Negative values are reported as $0.
- Cost of attendance includes tuition, mandatory fees, and estimated living expenses (housing, food, books, transportation, personal).
- Rankings compare programs within the same degree type nationally, sorted by annual funding gap from lowest to highest.
- Default COA assumes full-time enrollment, out-of-state residency (where applicable), no scholarships or grants, and no prior federal debt.
Data last updated: January 2026. Effective date for OBBBA loan caps: July 1, 2026.