Financial Aid at USI

[Last update: December 11, 2025]

4,308 students (58% of total 7,428 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Southern Indiana (USI). The average amount of the aid awarded is $8,758.

For the first-time, full-time beginning students (freshmen), 98% of total 1,264 enrolled students have received any kind of financial aid and its average amount of aid received is $8,826.

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All Undergraduate Financial Aid

At University of Southern Indiana, 4,308 undergraduate students (58% of total 7,428 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,758.

Financial Aid Statistics (All Undergraduate Students) - USI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship4,30858% $37,729,379$8,758
Pell Grants1,70123% $9,111,946$5,357
Federal Student Loan1,91626% $11,642,675$6,077

Beginning Undergraduate Students (Freshmen) Financial Aid

1,243 beginning undergraduate students (98% of total 1,264 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Southern Indiana. The average amount of aid received is $8,826.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - USI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,24398% --
Grants or Scholarships1,23398%$10,882,331$8,826
Federal Grants48538%$2,677,629$5,521
Pell Grants46737%$2,589,068$5,544
Other Federal Grants564%$88,561$1,581
State/Local Grants44535%$3,021,637$6,790
Institutional Grants1,17893%$5,183,065$4,400
Student Loan Aid50340%$3,217,962$6,398
Federal Student Loans49139%$2,485,769$5,063
Other Student Loans746%$732,193$9,895

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at University of Southern Indiana.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level682677$5,543,569$8,128
0-30,000162162$2,210,874$13,647
30,001-48,000121121$1,402,363$11,590
48,001-75,000133132$1,004,862$7,555
75,001-110,000112111$412,931$3,687
110,001 or more154151$512,539$3,328

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