Indiana University · Indiana

Indiana University Merit Aid

Indiana University's merit aid runs from the highly selective Wells Scholars Program down to automatic awards like the Herbert Presidential and OEM Excellence Scholarships, with National Merit recognition and transfer pathways - the upside is largest for honors-caliber applicants.

Verified Jun 20261 day ago· HX-AUTO
Merit tiers51 automatic on stats
Last verifiedJun 2026Analyst HX-AUTO

Who this school is for

Strong in-state and out-of-state applicants targeting IU Bloomington, especially those competitive for Wells or Herbert Presidential consideration, and community-college transfers with Phi Theta Kappa standing.

Tuition / cost of attendance: Approximately $30,574 for 2026-2027. Source

Institutional merit aid tiers

Every tier below is sourced to the school’s own published financial aid pages. Renewal terms apply only if the student maintains the stated GPA.

Amount not published

Herbert Presidential Scholars

ApplicationRenewable
View requirements
Notes

Official IU scholarship sorter snapshot describes Herbert Presidential Scholars as Indiana residents entering freshman year with outstanding academic records and leadership, and says students must submit a complete IU admission application by the November 1 Early Action deadline. No award amount is shown in the captured Herbert entry.

Source

$2,000

National Merit Scholarship Iu Sponsor

ApplicationRenewable
View requirements
Notes

Official IU scholarship sorter snapshot states IU, as a sponsor institution, awards this scholarship to all National Merit Finalists who indicate IU as first choice through the National Merit Scholarship Program and receive IU sponsorship; the captured entry is marked renewable and lists $2,000 per year for 4 years.

Source

Full cost of attendance

Wells Scholars Program

ApplicationRenewable
View requirements
Notes

Official IU scholarship sorter snapshot says Wells Scholars Program guarantees full cost of attendance for four years on IU Bloomington campus, around 18 incoming freshmen receive it each year based solely on merit, Scholars are Hutton Honors College members, and award amount is up to cost of attendance.

Source

Amount not published

Oem Excellence Scholarship

AutomaticRenewable
View requirements
Notes

Official OEM Academic Excellence Scholarships snapshot states OEM Excellence Scholarships are merit scholarships at IU Bloomington, names Indiana/National/Global Excellence for in-state/out-of-state/international students, says they are four-year awards for incoming first-year students based on high academic coursework performance, test scores not considered, and award amounts vary.

Source

$3,000

Phi Theta Kappa Transfer Scholarship

Application
GPA
3.5
Requirements & details
Notes

Official IU scholarship sorter snapshot states the Phi Theta Kappa Transfer Scholarship is a one-time $3,000 award for PTK members transferring to IU Bloomington from a PTK institution in Indiana; entry is marked In-State/Transfer/Not renewable, requires 3.5 cumulative GPA, and lists Fall July 15, Spring January 1, Summer May 1 deadlines.

Source

Indiana University merit aid FAQ

  • What is the deadline for Deadline Iu Scholarships Application Feb15?

    The IU Scholarships Application deadline for all incoming students is February 15 by 11:59 p.m. EST. Applications submitted after this deadline will not be considered.

  • What is the deadline for Deadline Oem Scholarship International Feb1?

    International students must submit a complete application for admission by February 1 to be considered for the Global Excellence Scholarship (OEM Excellence Scholarship).

  • What is the deadline for Deadline Oem Scholarship Nov1?

    To be considered for OEM Excellence Scholarships, Indiana resident and out-of-state incoming students must submit a complete application for admission by November 1. No separate scholarship application is required.

  • What is the deadline for Deadline Updated Test Scores Jan15?

    Students who applied by November 1 and asked for test scores to be considered may submit updated SAT and/or ACT scores until January 15 for additional scholarship consideration.

  • What is the deadline for Deadline Scholarship Finalization Apr1?

    All incoming student scholarship selections at IU Bloomington are finalized by April 1. Only scholarship recipients will be notified.

How Indiana University compares across our verified dataset

  • 207 of 232 verified schools publish at least one four-year renewable merit award.

    Indiana University is one of them. The cohort minority (25 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

  • 62 of 232 verified schools publish a dedicated National Merit Finalist package.

    Indiana University is one of them. NMF packages typically carry their own stacking and renewal carve-outs separate from the standard automatic merit ladder; confirm those before assuming the headline NMF value is final.

Sources used on this page

Every claim is checked against Indiana University’s own published materials. Below is the full reference set.

Compare with similar schools

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