Tuition Rates and Financial AId
Degrees
Tuition Rates
Tuition rates for Purdue and Indiana University are established by their respective boards of trustees and are subject to change. Financial aid is available.
Indiana University Program Tuition
The Indiana University Kelley Direct rate is $1,145/credit hour. This includes tuition and fees, as well as lodging and most meals during the residencies in Bloomington, IN.
Purdue University Program Tuition
The Purdue University rate is $1,165/credit hour. This includes tuition and fees, as well as lodging and most meals during the West Lafayette and international residencies.
Payment
Tuition for MS-MBA courses is invoiced by the institution delivering the courses. There are several ways to pay your Purdue tuition – by mail, online, credit card, wire transfer, financial aid, installment plan, outside scholarship money and 3rd party payer. For more information, visit the Office of the Bursar website.
For more information on Indiana University billing and payment options, please visit the IU Student Central website.
Additional Costs
Textbooks and course materials are not covered in tuition. Textbooks and materials are estimated to cost $100-$200/module. Transportation isn’t included in the tuition rate, students are expected to get themselves to the five (5) separate residencies.
Financial Aid
Applicants desiring federally funded aid should fill out the FAFSA (Free Application for Federal Student Aid). Students must apply for FAFSA loans every year by September 1.
All federally funded Stafford Loans for the program are available only through the Indiana University Financial Aid office. Use the federal school codes for Indiana University only. If you have accidentally filled out a FAFSA using Purdue’s federal school code, please contact program manager, Taryn Nance.
FAFSA Code: I.U. Bloomington 00180900
Dispersing Funds
When aid is awarded, IU tuition will automatically be paid. Any additional money borrowed will be direct deposited, or mailed in the form of a check. The student is responsible for paying Purdue.
Since loans are disbursed in three installments, it is possible a student may be a bit short to pay Purdue at the time payment is due. If that is the case, students can apply for a loan to bridge the gap between payment and Stafford Loan disbursements.
The program school year runs from fall through the end of the summer semester, though financial aid is only awarded for fall, winter and spring. For financial assistance through the summer semester, a student can apply for a Direct loan.