Financial Aid at UI

[Last update: December 11, 2025]

15,291 students (69% of total 22,130 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Iowa (UI). The average amount of the aid awarded is $10,070.

For the first-time, full-time beginning students (freshmen), 90% of total 5,050 enrolled students have received any kind of financial aid and its average amount of aid received is $9,865.

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All Undergraduate Financial Aid

At University of Iowa, 15,291 undergraduate students (69% of total 22,130 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,070.

Financial Aid Statistics (All Undergraduate Students) - UI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship15,29169% $153,977,255$10,070
Pell Grants4,06018% $22,030,911$5,426
Federal Student Loan9,26142% $59,650,462$6,441

Beginning Undergraduate Students (Freshmen) Financial Aid

4,537 beginning undergraduate students (90% of total 5,050 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Iowa. The average amount of aid received is $9,865.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - UI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid4,53790% --
Grants or Scholarships3,86176%$38,088,578$9,865
Federal Grants87517%$5,170,128$5,909
Pell Grants87217%$4,822,356$5,530
Other Federal Grants2655%$347,772$1,312
State/Local Grants772%$405,020$5,260
Institutional Grants3,65872%$32,513,430$8,888
Student Loan Aid2,40848%$23,098,695$9,592
Federal Student Loans2,36547%$12,429,166$5,255
Other Student Loans56511%$10,669,529$18,884

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 Iowa.

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 level1,5601,164$8,556,139$5,485
0-30,000189188$2,470,564$13,072
30,001-48,000169168$1,801,976$10,663
48,001-75,000238219$1,605,807$6,747
75,001-110,000245177$1,022,107$4,172
110,001 or more719412$1,655,685$2,303

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