Financial Assistance and Scholarships
Financial Assistance for Residential and Non-Residential Indiana Students
As a public school, there is no cost for tuition or textbooks for Indiana students.
Below, we have provided an overview of possible other costs including those for dual credit—where students earn college credit for their high school classes.
To assist with these possible additional costs, we have scholarships and three different tiers of income based financial aid for both residential students (living in our residential hall) and non-residential students (commuting to school).
Residential students, depending on income, may pay a room and board fee. There may be costs for residential and non-residential students opting to take dual credit classes. Likewise, there could be costs if students opt to rent equipment such as a laptop or graphing calculator, audit or take a class with Ball State University.
[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.
View Income Guidelines and Application*
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.