1,811 students (68% of total 2,674 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana University-Kokomo (IUK). The average amount of the aid awarded is $6,500.
For the first-time, full-time beginning students (freshmen), 90% of total 459 enrolled students have received any kind of financial aid and its average amount of aid received is $8,079.
At Indiana University-Kokomo, 1,811 undergraduate students (68% of total 2,674 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,500.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,811 | 68% | $11,770,954 | $6,500 |
| Pell Grants | 893 | 33% | $4,395,862 | $4,923 |
| Federal Student Loan | 804 | 30% | $5,073,555 | $6,310 |
411 beginning undergraduate students (90% of total 459 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Indiana University-Kokomo. The average amount of aid received is $8,079.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 411 | 90% | - | - |
| Grants or Scholarships | 352 | 77% | $2,843,847 | $8,079 |
| Federal Grants | 222 | 48% | $1,142,436 | $5,146 |
| Pell Grants | 210 | 46% | $1,113,286 | $5,301 |
| Other Federal Grants | 62 | 14% | $29,150 | $470 |
| State/Local Grants | 204 | 44% | $1,272,246 | $6,237 |
| Institutional Grants | 184 | 40% | $429,165 | $2,332 |
| Student Loan Aid | 130 | 28% | $701,056 | $5,393 |
| Federal Student Loans | 126 | 27% | $604,391 | $4,797 |
| Other Student Loans | 11 | 2% | $96,665 | $8,788 |
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 University-Kokomo.
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 | 299 | 248 | $2,115,430 | $7,075 |
| 0-30,000 | 81 | 81 | $976,208 | $12,052 |
| 30,001-48,000 | 60 | 60 | $594,086 | $9,901 |
| 48,001-75,000 | 56 | 52 | $343,110 | $6,127 |
| 75,001-110,000 | 49 | 31 | $122,687 | $2,504 |
| 110,001 or more | 53 | 24 | $79,339 | $1,497 |
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