Financial Aid at IUK

Average Amount Received% Received Financial Aid
$5,621 98%
2,773 students (98% of total 2,817 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana University-Kokomo.
The average amount of the aid awarded is $5,621. For the first-time, full-time beginning students (freshmen), 98% of total 572 enrolled students have received any kind of financial aid and its average amount of aid received is $6,428.
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All Undergraduate Financial Aid

At Indiana University-Kokomo, 2,773 undergraduate students (98% of total 2,817 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $5,621.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,77398% $15,587,182$5,621
Pell Grants97235% $4,272,073$4,395
Federal Student Loan90932% $5,409,675$5,951

Beginning Undergraduate Students (Freshmen) Financial Aid

563 beginning undergraduate students (98% of total 572 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 $6,428.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid56398% --
Grants or Scholarships56298%$3,612,706$6,428
Federal Grants55998%$1,916,568$3,429
Pell Grants24443%$1,103,593$4,523
Other Federal Grants55597%$812,975$1,465
State/Local Grants23241%$1,154,593$4,977
Institutional Grants20937%$541,545$2,591
Student Loan Aid17931%$893,644$4,992
Federal Student Loans17330%$815,244$4,712
Other Student Loans122%$78,400$6,533

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

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 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.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level355283$2,271,270$6,398
0-30,0009797$1,029,289$10,611
30,001-48,0007069$711,406$10,163
48,001-75,0007864$405,627$5,200
75,001-110,0005128$75,688$1,484
110,001 or more5925$49,260$835
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