<p>New fees are out. Out of State is beyond unreasonable. Plus, there's all tht mandatory fees.</p>
<p><a href="http://bursar.indiana.edu/fee_schedule.php%5B/url%5D">http://bursar.indiana.edu/fee_schedule.php</a></p>
<p>Wat do u think?</p>
<p>Out of State Business Kids will be paying around $25,400+Room/Board</p>
<p>The real question is what will the new discount be for smart kids who come
from afar? Sticker price at Kelley means nothing. Discount rate is the
game.</p>
<p>They spit on undergraduates. Especially the kelley kids.</p>
<p>hazmat--if you're referring to the automatic merit scholarships, I wouldn't expect them to go up much, if any. It's a fairly new program. Many young IN residents are not even aware of the program yet. Until about 5 months ago I didn't know about them, and I live in Bloomington with a hs jr. </p>
<p>Zouman--I suggest you look at the thread about instate tuition rates. A lot of people on there have included out of state rates. IU's rates for OOS students are pretty much the same, or less, than many other states. </p>
<p>On a couple of threads CCer's have complained about OOS tuition. There are a number of reasons IU (or any state school) charges more to OOS students. First, the taxpayers of IN help support the university. Obviously you're smart enough to know that. The children of those taxpayers have a "right" to pay less. </p>
<p>As a state institution one of the expectations of the university is that it will contribute to the future economic growth and health of the state. IU does this through research and by educating future taxpayers. Consider that many of the instate young people that attend the university will contribute to the future economy of the state and are far more likely to build careers here than a young person from elsewhere. What those instate students don't pay now, they are likely to pay later in taxes. That's good for the state as a whole. Nearly 1/2 of all living IU grads reside in IN and from the alumni website, "More than 50 percent of Indiana's physicians, 40 percent of nurses, 64 percent of optometrists, 35 percent of teachers, 75 percent of lawyers, and 90 percent of dentists are IU graduates." That doesn't even include the people doing research, starting new businesses, etc.</p>
<p>rrah,</p>
<p>Yes, Indiana is geared to providing primarily for the in-state students--as are almost all state universities. But keep in mind that when someone like myself pays the out-of-state fees for my son to attend, we are essentially subsidizing the in-state students. If you "scare" all the out-of-state students (and their parents) away with exorbitant rates, then the in-state rates will have to increase accordingly.</p>
<p>In my own son's case, next year's cost of attendance will run:</p>
<p>Out-of-State Tuition (11,952.95 per term x 2 terms) = $ 23,905.90
Activity Fee (78.47 per term x 2 terms) = $ 156.94
Student Health Fee (105.76 per term x 2 terms) = $ 211.52
Technology Fee (192.33 per term x 2 terms) = $ 384.66
Transportation Fee (54.96 per term x 2 terms) = $ 109.92
Business Program Undergraduate Fee (540.00 x 2 terms) =$ 1,080.00
School Total $25,848.94
Apartment Cost*($813.00 x 12) = $ 9,756.00
Meals ($20.00/day x 200 days) = $ 4,000.00
Transportation to/from School (airfare plus shuttles) $ 600.00
TOTAL COST OF ATTENDANCE –one year $40,204.94
*(Includes utilities costs)</p>
<p>Less the $1,000 a year scholarship he receives makes this $39,205. Since I have a FAFSA of $34,000 or so, that still means my son will either take out an additional $5,000 in loans for the one year (which I expect him to pay off after graduation), or earn that much during the summer (which is the current plan, since he has an internship promised).</p>
<p>The average person in California will not have a FAFSA of $34,000, however, but something closer to $25,000 to $30,000--meaning that Indiana is looking more and more unaffordable. If half the out-of state students were to stop going to Indiana (and were replaced by in-state students), then the true cost to an-instate student (and their parents) would rise by approximately 30%--from about $10,000 per student to $13,000 for tuition and fees.</p>
<p>There does come a time when a parent like myself looks at that $10,000 cost for in-state students versus $25,000 for out-of-state students--and starts thinking that the local UCs (such as UC Santa Cruz, UC Santa Barbara, and UC Irvine)--all of which my son could have gone to--are looking more reasonable at the current $13,000 per year in-state costs for UCs here in California. And, bluntly, most of the parents I know here in California have already come to that conclusion--and are not paying to send their students to a school like Indiana. Thus, I think you can expect to see your in-state tuition rates rise dramatically in the next four to five years unless the out-of-state tuition rate increases slow.</p>
<p>P.S. One final note. There are some privates in California that have even higher in-state rates than Indiana (Stanford, USC, and Pepperdine, for example). However, these schools all provide significant financial aid to students in terms of either a discounted rate--especially for those whose FAFSA is low--or a "Cal Grant" ($9,300 direct payment for college paid by the taxpayers) that one cannot qualify for when going to school out-of-state. What this means is the Cost of Attendance at a school like USC is listed as $49,000 per year--but after a Cal Grant, the cost to attend for a California student is approximately equivalent to the cost of going out-of-state to Indiana.</p>
<p>--of course, this is just one opinion.</p>
<p>Calcuzer, first of all.....your son should go to USC then. The business program rankings by businessweek are similiar but IK tht USC Marshall School of business is a lil more competitive as well as selective. Anyways, as a high school senior right now, I am really zooming in on Indiana. (From WI-soo oos) However, if my parents do move to Indiana, then IU tuition becomes In State and I would pay around 19,000 to go there. (btw i called them and they said if it was a job transfer, then in state tuition applies right away). Ok so I also have a 8000 automatic scholarship+1000 more from Huttons Honors College. Another housing discount if I choose to live in Briscoe-Co-op. So after everything...I'm looking at $8000 a yr!!! I'm so excited that is if my parents move. If not, then I'm going to my in state school "University of Wisconsin-madison" for 18k/yr, or University of Minnesota 20k/yr. Where do you think I should choose? Overall Wisconsin/Minnesota are better schools but IU business rules.</p>
<p>Well, he has applied as a transfer to Marshall this year--but being as his GPA at IUB is only 3.4 and USC takes primarily transfers with GPAs of 3.6+, his odds are not very good. (He really did poorly last semester--almost entirely as a result of his final exams--with the overall GPA falling from 3.59 to 3.40;--computer, finite math, and calculus classes were a "C", and two "B"s, respectively.) </p>
<p>Note that my comments on where people will go if rates at IUB increase was meant to be more general--and not just related to my son and me. Most people who can qualify for the business school at Indiana as a direct admit and who live in California would also have pretty good chances of admission to USC or UC Irvine. (And now that UC Irvine just started an undergraduate business school this year--something that none of the mid-UCs had two years ago when my son graduated--they will be a much more competitive alternative to Indiana's business program. If this existed two years ago, I can guarantee you that my son would have applied and gone to that school, since he loves the Newport Beach/Irvine area.)</p>
<p>I should mention that UC Irvine is only accepting undergraduate business students who plan to graduate in 2012 or later.</p>
<p>This is the reason he is not applying as a transfer student to that school.</p>
<p>Zouman, if you can get in-state tuition to Indiana, then you are getting a great deal. Please understand that both my son and I think Indiana is a great school, but I'm just pointing out that the costs for OOS are getting prohibitive. If you can get the cheaper cost, then you definitely should go for it.</p>
<p>As far as Wisconsin vs Minnesota, Minnesota Carlson has the better "quality management" program, but Wisconsin is rated slightly better overall--and appears to be in a great fun college town. So, it probably depends on your business major, but I'd give Wisconsin a slight nod--especially since it's also the slightly cheaper alternative.</p>
<p>Calc, I'm applying for transfer too.
The heavy costs for going out of state were bad enough for me and my family. But now they're increasing costs but NOT increasing my scholarship. Actually, I heard that they're bumping the max faculty scholarship to $8000 (hooray for the freshmen?). And don't get me started on financial aid...</p>
<p>So now it just doesn't make much sense for me to go to IU when I can go to Rutgers at in state costs. Yeah Kelley is a great school but is it worth putting myself into such heavy debt? Especially when RU has a great B school as well. And I do plan on getting an MBA. </p>
<p>Only problem is that RU STILL hasn't made its transfer decisions. If they do reject me for whatever reason, I'll end up going back to IU for another semester or two and reapply to RU again.</p>
<p>That is crazy, I am probably going to take on quite a bit of debt. Which will probably be about $40,000, jesus Christ!</p>
<p>Calcruzer, I don't necessarily disagree with your premise that increasing OOS tuition will lessen the number of OOS applicants and students at IU. I do not think though that this is an issue that is particular to IU. That's why I referred to another thread somewhere on CC that mentions OOS costs. I also know historically that OOS students have paid about 3 times more than instate students at IU. As an IU student in the distant past I was always stunned by what my OOS friends were paying. It was an issue then and will continue to be one EVERYWHERE. </p>
<p>With a jr. looking for a college right now, it's VERY hard for us to justify the cost of a public OOS school, just as it is for CA parents. Our D (and not too far behind S) has a couple of great options instate. It's pretty hard for me to get excited about Boulder or Madison when she has a similar option here. I suspect in another year I'll be posting one of those crazy threads pondering the wisdom of sending my child OOS vs. instate or else my D will discover CC and post one of those angry threads about "mean" parents that won't pay for an expensive OOS degree. I don't even want to think about private tuition right now :)</p>
<p>Cal--I hope your son is able to finish up at IU. If he's as insightful as his parent seems to be on this board it will be a loss to the university. I don't necessarily agree with all that you wrote, but generally you are a helpful and intelligent poster on this board. Also, when I looked at your yearly budget for IU the thing that really screamed out was his housing/utility costs. Has he investigated less expensive options? Because of the work I do I keep up with rental costs. That really seems to be on the upper end for student rentals.</p>
<p>rrah,</p>
<p>I have seen from your previous posts that you live in Bloomington. How do Bloomington kids view going to IU vs a good out of state school? The Bloomington kids seems to be very well prepared for college through many of their parents working in higher ed and some great AP and Advance College Programs at the Bloomington high schools getting them ready to go to good schools. Is IU the top choice of most of these kids?</p>
<p>rrah,</p>
<p>Thank you for your very positive comments and insights.</p>
<p>Just so we're clear, I understand the price discrimination factor that necessitates that OOS students pay significantly more than in-state students. After all, nobody is forcing my son to go to Indiana--and he and I are both thankful that he was admitted to the school. I think that njd puts the problem in perspective with his/her comments above.</p>
<p>I wish you all the best for your children--and hope that you can find a good compromise solution that allows your D to attend the school of her dreams, while not bankrupting her parents in the process.</p>
<p>P.S. Lastly, thanks for you housing suggestion. Yes, we are looking at cheaper housing--and have found something about $100 less per month--although, we have a problem "locking it in" since, as I stated previously, we have to wait and see what is going to happen on his transfer applications.</p>
<p>Calcuzer, i'm just wondering..if your son had B's/C's, how does he still manage to have a 3.4? A 3.4 is when a person has mostly A's and B's. idk is the 3.4 out of 4?</p>
<p>Well, those were his lowest scores last semester--he also had one A and one B+. Also the 3.4 is for all three semesters at the school. Since he had a 3.586 after two semesters, the 3.06 he had last semester gives him an overall 3.41 GPA. </p>
<p>((3.586*2)+3.06)/3 = 3.41</p>
<p>And yes, that is on a 4-point scale.</p>
<p>(Personally, I think he lost a lot of his motivation for doing well at Indiana after not getting into the honors program)--which used to require a 3.6, but now requires a 3.7 for admittance</p>
<p>bthomp1--I pmed you since I didn't want to hijack this thread and don't think most would be interested in my answers as to how the "hometown" kids view IU. </p>
<p>calcruzer--I'm sure we'll find some good solutions, but thank you for the thoughts. There's plenty of info on CC to help with the process. And you are right, njd does put it into perspective. I wish I could help you work out the rent issue. If it helps, I know there are always plenty of options still available up until August, and it seems, if one is willing to risk it, that landlords sometimes are desparate enough for a tenant by that time that they lower the rate. (If it's not rented by mid August near campus, it's likely to remain unrented for the year.)</p>
<p>
[quote]
Out-of-State Tuition (11,952.95 per term x 2 terms) = $ 23,905.90
Activity Fee (78.47 per term x 2 terms) = $ 156.94
Student Health Fee (105.76 per term x 2 terms) = $ 211.52
Technology Fee (192.33 per term x 2 terms) = $ 384.66
Transportation Fee (54.96 per term x 2 terms) = $ 109.92
Business Program Undergraduate Fee (540.00 x 2 terms) =$ 1,080.00 Apartment Cost*($813.00 x 12) = $ 9,756.00
Meals ($20.00/day x 200 days) = $ 4,000.00
Transportation to/from School (airfare plus shuttles) $ 600.00
[/quote]
</p>
<p>$600 airfare? There's to school and back, thanksgiving break, winter break, and spring break. You're finding airfare for $110 round-trip after taxes (taking into account the $160 using the airport shuttle) LAX to IND?</p>
<p>I do think you can find a cheaper apartment and eat less. Last year the meal plan was only $2800, and that was buying over-priced RPS food. $2000 would be reasonable. My entire apartment expense per month is $350 (including utilities) and many times you can sublet the summer and not pay that. </p>
<p>All in all, I think the transportation cost is low (should be about 1,000) and the meals and apartments are very high (you can cut room and board down to about 5,000/year). Not including books (something you can sell back and recoup) and personal expenses (something variable and avoidable), the COA is about 31,000. Not ideal, but not horrific. Again, I would never advise anyone to go here paying the full COA if they have significant financial need. But it is not too expensive. And if you land a scholarship, it could be a good deal. Say someone lands the 8500 scholarship for OOS students. Direct costs would be 21500. Compare that to an in-state school such as Pittsburgh and price is the same.</p>
<p>Well, I have been finding RTs for about $240 or so--and I only figured in 1 trip home and 1 to NY, since he doesn't come home for spring break or Thanksgiving anymore--and he goes to NY (where we meet him at the grandparents house) for Christmas. I had to add in some money for the shuttle, though.</p>
<p>As far as food, it's like $7 for Subway for lunch and $7 for Jimmie John's or Chipotle for dinner and $6 for cokes, snacks, other stuff per day, plus basics like toilet paper, diswashing detergent, etc for cleaning up (though he doesn't eat at home often). Seems to me that $20/day is reasonable if you plan to eat out most of the time. I suppose it could be less if he bought more stuff and took it home and made his own meals--but without a car, that's tough, also.</p>
<p>Calcruzer - </p>
<p>I used to be a Calif resident and if your child can get into a school such as Berkeley there is no doubt it's a real perk for living in an otherwise overpriced state. My son didn't get admitted to Berkeley (this was many years ago) but to 3 other UCs and I ended up paying over double for him to attend that private school USC. I had the T-shirt that said "My son AND my money go to USC".</p>
<p>My daughter now is off to IU next year as an OOS. In state tuition at the university would be $2500 yr including room/board. Oh well...her heart is set on being a Hoosier. </p>
<p>I just checked from a consumer approach. US News ranks IU #75. UC-Boulder is ranked #79. UC Boulder hasn't published it's (presumably increased) 2008 fees but in 2007 for OOS it was $24,797 - a lesser ranked school with higher fees than IU's 2008 rates. </p>
<p>So to me IU seems reasonable. Plus I rather have my D living in Bloomington than Boulder any day.</p>