Cost & financial aid brief
Indiana University-Kokomo Tuition, Costs & Financial Aid
How much does Indiana University-Kokomo cost after financial aid?
Aid at Indiana University-Kokomo is most concentrated in the lower family-income bands, based on the pattern of average prices after grants and scholarships. For the average aid recipient, the published cost of $11,837 falls by $7,869 to an average net price of $3,968.
Aid covers about 66% of the published cost for the average aid recipient. Across the income bands, average net prices move from -$583 and -$541 at the lower end to $2,375, $9,025, and $10,593 at higher incomes.
That pattern shows larger average aid offsets in the lower bands, while each family's package can differ.
For qualifying families in the lowest family-income band, aid exceeds the full published cost at Indiana University-Kokomo, where the cost of attendance is $11,837. Average net price is -$583 in the lowest family-income band, -$541 in the lower-middle family-income band, $2,375 in the middle family-income band, $9,025 in the upper-middle family-income band, and $10,593 in the highest family-income band.
The spread between the lowest and highest bands is $11,176. Azimuth ranks the university #42 for affordability among nonprofit four-year institutions.
Aid covers about 66% of the published cost for the average aid recipient, an offset of $7,869 against the sticker price. Among first-time full-time Title IV aid recipients, the average net price, what aid recipients pay after grants and scholarships, is $3,968.
That is $10,100 below the peer median net price of $14,068 for comparable institutions (same type and size). Published in-state tuition is $8,424, and out-of-state tuition is $22,811.
The aid offset and lower average price than comparable institutions point in the same direction. Among borrowers who completed, median federal student loan debt is $16,961, and 72.9% of federal aid recipients borrow federal loans.
The median is $4,268 below the peer median debt of $21,229 at comparable institutions (same type and size). That debt corresponds to an estimated payment of $193 a month if repaid over ten years.
Median Parent PLUS borrowing is $11,210.
Student loans: what does repayment look like?
For completers at Indiana University-Kokomo, federal student loan debt is comparatively modest, though borrowing is common. The median debt is $16,961, and 72.9% of federal aid recipients take federal loans.
Comparable institutions (same type and size) have a peer median federal debt of $21,229. Indiana University-Kokomo's median is $4,268 below that benchmark, so its borrower debt sits below the peer midpoint despite the broad use of federal loans.
For the separate parent-borrower population, median Parent PLUS borrowing is $11,210.
Indiana University-Kokomo pairs lower median federal debt than comparable institutions with a less favorable earnings picture. Federally aided completers who are working and not enrolled have median earnings of $54,618 four years after completion; Azimuth places that figure in the 31st percentile among nonprofit four-year institutions.
Earnings beyond expectations, the gap between what graduates earn and what expects for similar students, sits in the 49th percentile among nonprofit four-year institutions. Graduates earn about $1,622 less than the model expects for similar students.
Earnings scenarios range from $42,663 in a downside case to $83,756 in an upside case, with the typical scenario matching the observed median. Median federal student loan debt is $16,961, $4,268 below the $21,229 peer median for comparable institutions (same type and size).
That debt corresponds to an estimated payment of $193 a month if repaid over ten years. The debt figure is lower than peers, while the earnings measures are less favorable.
Parent borrowing is a separate part of the cost picture: median Parent PLUS borrowing for parent borrowers is $11,210. For student borrowers, that debt corresponds to an estimated payment of $193 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $11,210
- Estimated parent payment
- $142/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 8.4% | Caution |
| $100,000 | 3.8% | Safe |
| $150,000 | 1.8% | Safe |
| $200,000 | 1.2% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $16,961
- Institution Parent PLUS debt
- $11,210
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $193/mo
- Estimated Parent PLUS payment · monthly
- $142/mo
- Modeled student + parent payments
- $335/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $54,618, with a $23,940 annual allowance for basic expenses:
7.5% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.