[Last update: December 11, 2025]

9,956 students (67% of total 14,874 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Ball State University (BSU). The average amount of the aid awarded is $12,279.

For the first-time, full-time beginning students (freshmen), 91% of total 3,783 enrolled students have received any kind of financial aid and its average amount of aid received is $13,218.


All Undergraduate Financial Aid

At Ball State University, 9,956 undergraduate students (67% of total 14,874 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $12,279.

Financial Aid Statistics (All Undergraduate Students) - BSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship9,95667% $122,246,008$12,279
Pell Grants5,16335% $29,766,382$5,765
Federal Student Loan6,33943% $39,680,437$6,260

Beginning Undergraduate Students (Freshmen) Financial Aid

3,440 beginning undergraduate students (91% of total 3,783 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Ball State University. The average amount of aid received is $13,218.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - BSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid3,44091% --
Grants or Scholarships2,90877%$38,437,420$13,218
Federal Grants1,59542%$9,509,084$5,962
Pell Grants1,58942%$9,154,173$5,761
Other Federal Grants70719%$354,911$502
State/Local Grants1,54141%$12,959,848$8,410
Institutional Grants2,19358%$15,968,488$7,282
Student Loan Aid2,04054%$15,246,847$7,474
Federal Student Loans1,96852%$9,968,697$5,065
Other Student Loans37410%$5,278,150$14,113

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 Ball 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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,9462,232$27,208,020$9,236
0-30,000585585$10,471,988$17,901
30,001-48,000392387$6,043,389$15,417
48,001-75,000434405$4,449,407$10,252
75,001-110,000527360$2,838,300$5,386
110,001 or more1,008495$3,404,936$3,378

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