Financial Assistance and Scholarships
Financial Assistance for Residential and Non-Residential Indiana Students
As a public school, there is no cost for tuition for Indiana students.
[Note: Information about costs for international students attending the Indiana Academy can be found at International Admissions.]
Our income-based financial assistance tier structure for the 2026-2027 school year has been updated for residential and non-residential Indiana students. We also have a few additional scholarships, including the Visit Scholarship, and those funded by alumni for students from specific high schools.
Income Guidelines – Financial Assistance Tiers*
Dual Credit and Optional Fee Structure
| 2026-2027 Academic Year | Cost | Tier 1* | Tier 2* | Tier 3* |
|---|---|---|---|---|
| Tuition | $0 | $0 | $0 | $0 |
| Dual Credit (Earn high school and college credit) | ||||
| Dual Credit Course (taught by Academy instructor) | $75–$250 | $0 | $0 | $0 |
| Dual Credit Course (online through Ball State) | $350 | $0 | $0 | $0 |
| Optional Fees | ||||
| Graphing Calculator Rental | $20 per semester | $0 | $0 | $0 |
| Laptop Rental Fee | $50 per semester | $0 | $0 | $0 |
| Audit BSU Class (for high school credit) | $55 (per course) | |||
| BSU Class (for full college credit) | BSU Fee Schedule | |||
| *Based on financial need. Requires proof of income. | ||||
Residential Students
| 2026-2027 Academic Year | Cost | Tier 1* | Tier 2* | Tier 3* |
|---|---|---|---|---|
| Room & Board Fee Includes 3 meals per day (breakfast, lunch, and dinner) | $2,700 | $2,700 | $2,700 | $2,700 |
| Scholarship | $0 | -$2,700 | -$2,202 | -$1,250 |
| Total Yearly Fee Billed 1/2 of the total per semester | $2,700 $1,350 per semester | $0 | $498 $249 per semester | $1,450 $725 per semester |
| *Based on financial need. Requires proof of income. | ||||
Families of residential students who do not qualify for income-based financial assistance pay a room and board fee of $1,350 per semester. Half of the yearly room and board fee is due each semester, and families can make monthly payments.
- Without financial assistance: $1,350 per semester + dual credit classes
- Tier 3 assistance: $724 per semester + free dual credit classes
- Tier 2 assistance: $249 per semester + free dual credit classes
- Tier 1 assistance: $0 per semester + free dual credit classes
Other expenses that may be incurred by families are transportation, personal items, and the selection of options such as rental of a graphing calculator, laptop rental, and dual credit classes. (Our school yearbook is free.) Additional assistance is available for calculator and laptop rental fees.
Other Scholarships
Automatic Scholarships—no application required.
- Visit Scholarship – Attend a qualifying on-campus or virtual program and receive a one-time $100 scholarship.
- Eastbrook High School – A scholarship for any student who attends Eastbrook High School.
- Blackford County High School – A scholarship for students attending Blackford Jr-Sr High School.
- Martinsville High School – A partial room and board scholarship for all enrolling students attending Martinsville High School.
Questions?
Have questions or need more information? Contact us at iaadmissons.