Financial Aid

Indiana University-Bloomington Merit Scholarships and Financial Aid

Indiana University-Bloomington gave merit aid averaging $5,668 to 3,505 first-year students who had no financial need, about 61% of the freshmen without need.

Merit aid

Scholarships Indiana University-Bloomington gave to first-year students who had no financial need.

Average merit award

$5,668

Freshmen who got one

3,505

of 9,590 in the class

Share of those without need

61%

who received merit aid

Need-based aid

For first-year students the college found to have financial need.

Average need-based grant

$15,719

Average percent of need met

65.1%

Freshmen with need

40%

3,833 students

The average total aid package, which can include loans and work-study, was $17,195.

How to read these numbers

  • Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
  • The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
  • A grant does not have to be repaid. A package can include loans, which do.

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Frequently asked questions

Does Indiana University-Bloomington give merit scholarships?

Indiana University-Bloomington gave merit aid averaging $5,668 to 3,505 first-year students who had no financial need, about 61% of the freshmen without need.

How much is the average merit scholarship at Indiana University-Bloomington?

$5,668 for first-year students without financial need, according to Indiana University-Bloomington's 2025-26 Common Data Set. That is an average across everyone who got an award, so individual offers run higher and lower.

Does Indiana University-Bloomington meet full financial need?

Indiana University-Bloomington reports meeting 65.1% of need on average for first-year students who were awarded need-based aid. A figure under 100% means the average student was left with a gap to cover.

What share of Indiana University-Bloomington freshmen have financial need?

3,833 of 9,590 first-time, full-time freshmen, or 40%, were found to have financial need.

Source: Indiana University-Bloomington’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.