Indiana University has applied to host a 2012 presidential debate. The school also applied in 2008, but was unsuccessful.
Eastern Kentucky University and Centre College have also applied to host debates.
From the Courier-Journal:
The university proposed that the debate take place in the 3,200-seat IU Auditorium. Other campus facilities, including Assembly Hall, the Wildermuth Recreation Center and the Radio-TV Center, would be available as support centers for news media and other debate operations.
Doug Booher, director of the IU Auditorium, said the university will seek corporate and philanthropic partners to help cover the cost of hosting a debate and to demonstrate state and community support. The city of Bloomington and other civic partners would be involved with preparing for and hosting the debate.