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National Application Center :: campus tours :: Ball State University costs & financial aid

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Ball State University

Ball State University
2000 West University Avenue
Muncie, IN 47306

Official telephone: (765) 289-1241
Toll-free telephone: (800) 382-8540
Website: www.bsu.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: John McPherson,
Assistant Vice President of Enrollment Services
Contacting the office: 765 285-5600
800 227-4017 (toll free)
765 285-2173 (fax)
finaid@bsu.edu
FAFSA number: 001786

EXPENSES
Undergraduate tuition: $8,992; $24,766 out-of-state
Additional required fees: $662
Book fees: $1,320
Miscellaneous expenses: $3,030
Other expenses: Transportation, other.
Combined room and board expenses: $8,715

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 15yesN/A

Date award notification begins: April 1
Applied for financial aid:
94% of first-year students
86% of full-time undergraduates
58% of part-time undergraduates
Determined to have financial need:
76% of first-year students
79% of full-time undergraduates
85% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
99% of full-time undergraduates
94% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
55% of first-year students
60% of full-time undergraduates
65% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
92% of first-year students
91% of full-time undergraduates
87% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
71% of first-year students
54% of full-time undergraduates
12% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
44% of first-year students
40% of full-time undergraduates
11% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
67% for first-year students
67% for full-time undergraduates
45% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$12,620 for first-year students
$12,206 for full-time undergraduates
$7,477 for part-time undergraduates
Average need-based gift award:
$5,470 for first-year students
$5,590 for full-time undergraduates
$4,418 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,803 for first-year students
$4,589 for full-time undergraduates
$4,488 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,486 for first-year students
$4,335 for full-time undergraduates
$4,358 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
14% of first-year students
12% of full-time undergraduates
2% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$7,420 for first-year students
$7,550 for full-time undergraduates
$2,941 for part-time undergraduates
Students who received a non-need-based athletic award:
2% of first-year students
2% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$21,347 for first-year students
$22,176 for full-time undergraduates
$6,748 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 3%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
Parent loans packaged to meet need: yes
First-year loan package range: $1 - $37,818
Undergraduate loan package range: $1 - $51,847
Percent of undergraduates who have borrowed through all loan programs: 72%
Average student debt upon graduation: $27,627
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $1 - $47,124
Undergraduate scholarship/grant award range: $1 - $52,000
Percent of scholarship aid awarded to out-of-state students: 28%

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