[Last update: December 11, 2025]

18,472 students (73% of total 25,332 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Iowa State University (ISU). The average amount of the aid awarded is $10,270.

For the first-time, full-time beginning students (freshmen), 89% of total 5,794 enrolled students have received any kind of financial aid and its average amount of aid received is $10,791.

All Undergraduate Financial Aid

At Iowa State University, 18,472 undergraduate students (73% of total 25,332 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,270.

Financial Aid Statistics (All Undergraduate Students) - ISU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship18,47273% $189,701,150$10,270
Pell Grants4,75519% $25,923,996$5,452
Federal Student Loan10,97943% $65,273,346$5,945

Beginning Undergraduate Students (Freshmen) Financial Aid

5,148 beginning undergraduate students (89% of total 5,794 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Iowa State University. The average amount of aid received is $10,791.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - ISU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid5,14889% --
Grants or Scholarships4,45477%$48,061,217$10,791
Federal Grants1,07819%$6,203,498$5,755
Pell Grants1,05618%$5,792,730$5,486
Other Federal Grants70312%$410,768$584
State/Local Grants411%$189,800$4,629
Institutional Grants4,33775%$41,667,919$9,608
Student Loan Aid2,66646%$22,700,863$8,515
Federal Student Loans2,57945%$13,221,059$5,126
Other Student Loans69712%$9,479,804$13,601

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 Iowa 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 level1,6601,210$8,538,605$5,144
0-30,000218217$2,523,277$11,575
30,001-48,000165162$1,789,332$10,844
48,001-75,000264257$2,080,141$7,879
75,001-110,000319246$1,117,055$3,502
110,001 or more694328$1,028,800$1,482

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