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.
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.