Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,161, which is 70.33 % of all undergraduate students. 5,961 students which is 57.56% of undergraduate students received federal student loans and the average loan amount is $6,501.

For full-time, first-time beginning students (freshmen), 83.33% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Indiana State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,161, which is 70.33 % of all undergraduate students. 5,961 students which is 57.56% of undergraduate students received federal student loans and the average loan amount is $6,501.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,243 (71%)$7,7464,591 (45%)$4,1556,421 (63%)$6,768
2014-157,339 (67%)$8,1614,726 (43%)$4,2326,580 (60%)$6,655
2015-167,401 (66%)$8,5214,852 (43%)$4,2476,643 (59%)$6,431
2016-177,092 (63%)$8,6894,637 (41%)$4,2296,576 (59%)$6,565
2017-187,332 (63%)$8,9754,923 (43%)$4,4986,582 (57%)$6,495
2018-196,931 (63%)$9,0494,493 (41%)$4,5796,208 (57%)$6,521
2019-206,441 (63%)$9,3914,014 (39%)$4,6215,699 (56%)$6,478
2020-217,559 (85%)$8,4583,422 (38%)$4,5004,859 (54%)$6,306
2021-227,112 (92%)$8,8582,913 (38%)$4,5684,083 (53%)$6,294
Average7,161 (70.33%)$8,6504,286 (41.22%)$4,4035,961 (57.56%)$6,501
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,898 (83.33 % of students) received grants or scholarships and its average amount is $9,175. It can cover 42.22% of tuition & fees ($21,734) based on out-of-state rate.

In addition, 1,513 (65.11 % of students) students get helped from the students loans (average amount : $6,981).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,279 (86%)$7,9281,818 (69%)$6,831
2014-152,163 (79%)$8,8641,875 (69%)$6,472
2015-162,206 (80%)$9,2041,822 (66%)$6,485
2016-171,861 (76%)$9,2971,694 (70%)$7,291
2017-182,147 (80%)$9,1631,802 (67%)$6,667
2018-191,891 (79%)$8,9471,552 (65%)$7,499
2019-201,510 (80%)$9,7141,224 (65%)$8,123
2020-211,656 (94%)$8,6571,033 (59%)$7,237
2021-221,368 (96%)$10,802793 (56%)$6,226
Average1,898 (83.33%)$9,1751,513 (65.11%)$6,981
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,189 (51.00 % of students) received Pell (federal) grants and its average amount is $4,461.

In addition, 1,001 students received State/local government grants/scholarships (43.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,490 (56%)$4,225286 (11%)$4471,154 (43%)$5,7941,995 (75%)$2,486
2014-151,466 (54%)$4,265265 (10%)$4311,246 (46%)$6,1611,756 (64%)$2,920
2015-161,476 (53%)$4,336339 (12%)$4421,309 (47%)$6,2951,878 (68%)$2,936
2016-171,246 (51%)$4,404220 (9%)$4531,092 (45%)$6,3661,561 (64%)$3,051
2017-181,450 (54%)$4,494239 (9%)$4401,236 (46%)$6,2391,624 (61%)$3,288
2018-191,181 (49%)$4,589267 (11%)$438935 (39%)$6,1381,597 (67%)$3,534
2019-20933 (50%)$4,6401,393 (74%)$567734 (39%)$6,5841,164 (62%)$4,052
2020-21799 (45%)$4,4781,416 (80%)$774703 (40%)$6,3501,392 (79%)$3,735
2021-22664 (47%)$4,7221,293 (91%)$1,854600 (42%)$6,4141,067 (75%)$5,057
Average1,189 (51.00%)$4,461635 (34.11%)$6501,001 (43.00%)$6,2601,559 (68.33%)$3,451
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,513 (65.11 % of students) get any students loan help and its average loan amount is $1,513.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,818 (69%)$6,8311,818 (69%)$6,268100 (4%)$10,225
2014-151,875 (69%)$6,4721,875 (69%)$5,954110 (4%)$8,826
2015-161,822 (66%)$6,4851,822 (66%)$5,850123 (4%)$9,413
2016-171,694 (70%)$7,2911,694 (70%)$6,335145 (6%)$11,167
2017-181,802 (67%)$6,6671,802 (67%)$5,946125 (5%)$10,402
2018-191,552 (65%)$7,4991,552 (65%)$6,315165 (7%)$11,144
2019-201,224 (65%)$8,1231,224 (65%)$6,555172 (9%)$11,156
2020-211,033 (59%)$7,2371,033 (59%)$5,979115 (7%)$11,296
2021-22793 (56%)$6,226782 (55%)$4,762100 (7%)$12,137
Average1,513 (65.11%)$6,9811,511 (65.00%)$5,996128 (5.89%)$10,641