Student Loans for Ball State Students

students at ball stateLocated in the city of Muncie, Indiana, Ball State University is a research university classified as having significant ‘research activity’ by the Carnegie Institute, which is important to people who care about academic research (and research budgets). To you, a student or parent, it means that lots of thoughts are being thought up and explored at Ball State, and the academic atmosphere is certainly lively. About 18,000 undergrads study at this university that was originally created as a teacher’s college in 1918, and they make campus a lively place to be. Campus life is centralized around two main quads, and time is kept by the iconic Shafer Tower, a freestanding bell tower that chimes every 15 minutes during working hours of the academic day. About 1,200 students participate in Greek life at Ball State, which makes for a lively program. Considering academics, research potential, and social liveliness, Ball State is a pretty appealing place to be.

Students who are on Ball State financial aid (about 80% of everyone in attendance) need to know one thing (so listen up!): since you’re already receiving money to pay for college, you shouldn’t be spending you own on things that don’t have anything to do with college. Now, we don’t want you to be totalitarian about budgeting, we only want you to be smart about it. Spend your money on educational-related expenses, not on shopping sprees or meals out every week. We think that’s reasonable, and we want you to use your money for things that’ll help you – so please listen!

Ball State Financial Aid Packages

Only one form is required from applicants for Ball State financial aid, and that is the FAFSA (Free Application for Federal Student Aid). This form is pretty straightforward, and it’s easy enough to fill out once you have your tax records and other financial documentation handy. If you have any super specific questions about the financial aid process, though, just get in touch with somebody at the Ball State financial aid office: they’ll be happy to help. Once you submit your FAFSA, you’ll receive your Ball State aid package with your next tuition bill.

Options for Student Loans at Ball State

student looking over aid packageBall State financial aid packages, just like aid packages from virtually any other college or university in the country, include a mix of loans, free money awards such as grants or scholarships, and work-study programs, also known as ‘self-help’ aid. Depending on your assessed financial aid, you’ll have some mix of these forms of financial aid. You could, however, fall into the 7% of Ball State students who don’t receive enough financial aid to totally cover college costs after your family contribution, and for these students, private student loans are a great source of funding for college. If you’ve burned through every possible form of financial aid and still need more money for college, use our private student loan comparison tool to search for and compare a huge variety of private student loans. Compare until you find the loan that best suits you, and if it fits your financial profile, go ahead and apply.

Pay for Ball State University*

Total Avg. Cost $19,640
Tuition $7,228
Room & Board $8,614
Financial Aid Information
Students Receiving Fin Aid 84%
Typical Grant Amounts
State/Local $3,884
Federal $4,328
%Receiving Loans 60%
Avg. Other Stud. Loans $9,148
%Receiving Other Loans 6%

Get into Ball State University

Admission Rate 74%
Total Enrollment 21,401
Men 46%
Women 54%
Graduation Rate 60%
Application Fee $25

Contact Ball State University

2000 University Ave
Muncie, IN 47306
(765) 289-1241
Financial Aid Office URL
Admissions Office URL

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

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