5,056 students (76% of total 6,668 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana State University (ISU). The average amount of the aid awarded is $10,730.
For the first-time, full-time beginning students (freshmen), 98% of total 1,558 enrolled students have received any kind of financial aid and its average amount of aid received is $12,383.
At Indiana State University, 5,056 undergraduate students (76% of total 6,668 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,730.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 5,056 | 76% | $54,252,954 | $10,730 |
| Pell Grants | 2,771 | 42% | $14,934,317 | $5,390 |
| Federal Student Loan | 1,733 | 26% | $20,523,572 | $11,843 |
1,527 beginning undergraduate students (98% of total 1,558 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Indiana State University. The average amount of aid received is $12,383.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 1,527 | 98% | - | - |
| Grants or Scholarships | 1,509 | 97% | $18,686,425 | $12,383 |
| Federal Grants | 802 | 51% | $4,614,698 | $5,754 |
| Pell Grants | 802 | 51% | $4,531,508 | $5,650 |
| Other Federal Grants | 192 | 12% | $83,190 | $433 |
| State/Local Grants | 716 | 46% | $5,411,580 | $7,558 |
| Institutional Grants | 1,453 | 93% | $8,660,147 | $5,960 |
| Student Loan Aid | 824 | 53% | $4,957,215 | $6,016 |
| Federal Student Loans | 814 | 52% | $3,942,350 | $4,843 |
| Other Student Loans | 83 | 5% | $1,014,865 | $12,227 |
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 Indiana State University.
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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 973 | 892 | $10,981,947 | $11,287 |
| 0-30,000 | 308 | 307 | $4,858,084 | $15,773 |
| 30,001-48,000 | 186 | 186 | $2,715,412 | $14,599 |
| 48,001-75,000 | 157 | 153 | $1,895,834 | $12,075 |
| 75,001-110,000 | 154 | 124 | $857,256 | $5,567 |
| 110,001 or more | 168 | 122 | $655,361 | $3,901 |
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