Financial Aid at IU

[Last update: December 11, 2025]

24,920 students (68% of total 36,833 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana University-Bloomington (IU). The average amount of the aid awarded is $11,540.

For the first-time, full-time beginning students (freshmen), 82% of total 9,520 enrolled students have received any kind of financial aid and its average amount of aid received is $10,487.

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All Undergraduate Financial Aid

At Indiana University-Bloomington, 24,920 undergraduate students (68% of total 36,833 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,540.

Financial Aid Statistics (All Undergraduate Students) - IU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship24,92068% $287,567,477$11,540
Pell Grants6,17517% $34,578,698$5,600
Federal Student Loan9,92627% $59,028,611$5,947

Beginning Undergraduate Students (Freshmen) Financial Aid

7,810 beginning undergraduate students (82% of total 9,520 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Indiana University-Bloomington. The average amount of aid received is $10,487.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - IU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid7,81082% --
Grants or Scholarships6,93573%$72,725,820$10,487
Federal Grants1,70418%$10,182,556$5,976
Pell Grants1,70118%$9,708,316$5,707
Other Federal Grants7448%$474,240$637
State/Local Grants1,73418%$13,745,847$7,927
Institutional Grants6,56469%$48,797,417$7,434
Student Loan Aid3,11633%$30,962,135$9,937
Federal Student Loans2,94231%$14,895,490$5,063
Other Student Loans7168%$16,066,645$22,439

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 Indiana University-Bloomington.

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 level2,7412,327$32,944,402$12,019
0-30,000545545$11,573,445$21,236
30,001-48,000426425$8,510,780$19,978
48,001-75,000486463$7,314,176$15,050
75,001-110,000393302$2,567,610$6,533
110,001 or more891592$2,978,391$3,343

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