From Kelley’s Website:
November 15: Kelley Direct Admission Priority Deadline
Students who apply to Indiana University Bloomington by the early action deadline of November 1 and submit their KPI by November 15 will receive a response from IU Office of Admission regarding admission status with IU by January 15.
If admitted to IU, students will also receive a direct admission decision from Kelley—categorized as admitted, waitlisted, or pre-business. Students placed on the Kelley direct admission waitlist can expect a final decision no later than April 17.