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University of Southern Indiana · Indiana

University of Southern Indiana scholarships and merit aid

USI offers layered merit awards with regional advantages for neighboring states and dedicated support for transfer students.

Verified Jun 20263 months ago

The short answer

Is University of Southern Indiana worth a closer look?

University of Southern Indiana may be worth checking, but its awards do not follow a simple grades-and-scores chart. Start with the published scholarships below.

Merit tiers14See who qualifies

Research checkedJun 2026By our research team

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Published scholarships

These amounts and requirements come from the school’s own published pages. Open an award to see who qualifies and how to keep it.

Full tuition

Baccalaureate Doctor Of Medicine Scholarship

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GPA: 3.5
SAT: 1280
ACT: 27

Amount not published

Illinois Regional Award

Apply separately

Amount not published

Provost Scholarship

Apply separately

Amount not published

Transfer Merit Scholarship

Apply separately

Amount not published

Out Of State Merit Scholarship

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Full tuition

Presidential Scholarship

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GPA: 4
SAT: 1280
ACT: 27

Amount not published

Out Of State Transfer Top Scholar Award

Apply separately

$5,000

Harolyn Atwater Torain Leadership Scholarship

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GPA: 3

Amount not published

Kentucky Regional Award

Apply separately

Amount not published

Out Of State Grant Scholarship

Apply separately

Amount not published

Distinguished Scholar Award

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Amount not published

Deans Scholarship

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Amount not published

Out Of State Transfer Grant

Apply separately

$1,000–$4,000

David L Rice Merit Scholarship

Apply separately

See costs and school data

Who this school may work for

This aid package works well for high-achieving students from Indiana and the surrounding region, transfer applicants with college credit already earned, and those aiming toward health-related careers.

Published yearly cost: Approximately $27,080 for 2026-2027. Source

Cost and graduation facts

Federal reporting on who actually enrolls at University of Southern Indiana, what they paid after aid, and what happened next — independent of anything the school markets.

Average annual net price by family income at University of Southern Indiana, academic year 2021-22 — in-state, Title-IV aid recipients only
Family income	Average net price paid
$0–$30,000	$7,484
$30,001–$48,000	$7,818
$48,001–$75,000	$12,748
$75,001–$110,000	$17,720
$110,001+	$18,777
All income levels (average)	$12,923

Sticker price vs. what students actually pay

Published tuition & fees (in-state), AY 2022-23: $10,066
Published tuition & fees (out-of-state), AY 2022-23: $22,907
Average net price paid (all Title-IV aid), AY 2021-22: $12,923

That works out to roughly a 42% discount below the federal AY 2021-22 average cost of attendance of $22,383 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).

University of Southern Indiana is a public school; Scorecard's net price figure covers in-state, Title-IV-aid-recipient payers only — there is no comparable federal figure for out-of-state students.

Outcomes for students who enrolled here

Graduation rate (150% of normal time), 2016 cohort: 48%
First-year retention rate, 2021 cohort: 75%
Median debt at completion, 2020–2021 completers: $20,105 (~$213/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21): $47,605
Share of students receiving a Pell grant, AY 2021-22: 37%
Share of students receiving a federal loan, AY 2021-22: 39%

How to read these numbers

Net price reflects only first-time, full-time, degree-seeking students who received federal Title IV financial aid — not University of Southern Indiana's full student body.
Published tuition is the catalog sticker price for all students, not a Title IV-only figure.
Graduation rate reflects the entire first-time, full-time, degree-seeking cohort — not only students who received Title IV aid.
Retention rate reflects all first-time, full-time, bachelor's-seeking students — not only Title IV aid recipients.
Median debt reflects only completers who took out federal student loans — not University of Southern Indiana's full graduating class, and not limited to first-time, full-time students.
Median earnings reflect Title IV aid recipients who entered college and were working (not enrolled) roughly a decade later — not necessarily the graduating cohort, and not a recent graduate's paycheck.
Pell grant and federal loan participation covers first-time, full-time, degree-seeking students only.
Net price blends need-based aid and merit aid together — it is not a merit-specific estimate. It shows what similar-income families actually paid on average after every kind of aid, not what a strong-stats student could win in merit dollars alone. Treat it as cost context, not a merit forecast — a MeritPlaybook models merit aid specifically for your student’s own stats, which this net-price figure cannot do.

None of this is current-year data — the U.S. Department of Education reports it on a delay, and different figures below come from different reporting years. Net price is an academic year 2021-22 figure. Published tuition reflects the 2022-23 academic year. Graduation rate reflects the Fall 2016 entering, full-time, first-time, degree/certificate-seeking cohort; completion measured within 150% of normal time (~6 years for a bachelor's degree). IPEDS Graduation Rates component (C150_4). Retention reflects the Fall 2021 full-time, first-time, bachelor's-seeking cohort retained into the following fall. IPEDS Fall Enrollment component (RET_FT4). Median debt reflects the NSLDS FY2020 and FY2021 pooled completer cohorts (GRAD_DEBT_MDN, GRAD_DEBT_MDN10YR_SUPP). Median earnings reflect the Treasury-matched cohort entering college in AY2009-10 or AY2010-11, earnings measured 10 years later in calendar years 2020 and 2021, inflation-adjusted to 2022 dollars (MD_EARN_WNE_P10).

Source: U.S. Department of Education, College Scorecard.

See other scholarships and cost examples

Other University of Southern Indiana scholarships worth checking

These awards can be harder to find. Each one has its own rules.

Usi Art Scholarships

Amount$500–$2,500EligibilityUSI Art Scholarships are four-year renewable scholarships ranging from $500 to $2,500 for incoming students majoring in art or art education, to be used toward tuition.

See sources and other schools

How University of Southern Indiana compares

665 of 749 verified schools publish at least one four-year renewable merit award.
University of Southern Indiana is one of them. The cohort minority (84 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

Sources used on this page

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

Cost of attendanceUniversity of Southern Indiana cost-of-attendance worksheet
Merit tiersBaccalaureate Doctor Of Medicine Scholarship
Scholarship pageUsi Art Scholarships

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