All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Indiana Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 3,173, which is 73.40 % of all undergraduate students. 2,241 students which is 53.90% of undergraduate students received federal student loans and the average loan amount: $7,011.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-133,083 (73%)$12,2601,563 (37%)$3,9332,621 (61%)$7,156
2013-143,141 (72%)$13,0201,493 (35%)$3,9132,494 (59%)$7,129
2014-153,182 (73%)$13,5121,481 (35%)$4,0102,389 (56%)$7,224
2015-163,133 (73%)$14,0381,412 (34%)$4,0222,268 (55%)$7,277
2016-173,064 (71%)$13,5171,362 (34%)$3,9752,173 (54%)$7,166
2017-182,868 (73%)$14,3671,331 (36%)$4,2212,025 (54%)$7,189
2018-193,157 (72%)$15,0181,537 (35%)$4,2992,167 (52%)$6,963
2019-203,352 (74%)$15,2771,521 (34%)$4,3472,192 (50%)$6,612
2020-213,353 (76%)$16,3191,466 (33%)$4,5702,098 (50%)$6,824
2021-223,399 (77%)$16,9141,395 (32%)$4,5751,982 (48%)$6,569
Average3,173 (73.40%)$14,4241,456 (34.50%)$4,1872,241 (53.90%)$7,011

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 718 (86.30 % of students) received grants or scholarships and its average amount is $16,110. It can cover 82.29% of tuition & fees ($19,577) based on out-of-state rate. In addition, 496 (61.40 % of students) students get helped from the students loans (average amount : $7,125).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13666 (86%)$13,353537 (69%)$7,370
2013-14706 (85%)$14,232537 (63%)$7,198
2014-15688 (83%)$14,669539 (64%)$7,348
2015-16701 (86%)$15,218511 (62%)$7,152
2016-17736 (85%)$16,013525 (64%)$7,263
2017-18761 (88%)$16,871512 (62%)$7,048
2018-19741 (85%)$16,773487 (57%)$7,070
2019-20736 (88%)$17,559461 (59%)$7,149
2020-21716 (88%)$17,963423 (57%)$6,720
2021-22724 (89%)$18,447429 (57%)$6,935
Average718 (86.30%)$16,110496 (61.40%)$7,125
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 312 (42.00 % of students) received Pell (federal) grants and its average amount is $4,440. In addition, 279 students received State/local government grants/scholarships (30.30 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13313 (43%)$4,199127 (18%)$1,310250 (26%)$4,692580 (73%)$11,240
2013-14334 (42%)$4,216138 (16%)$1,136264 (27%)$4,850591 (74%)$11,630
2014-15330 (41%)$4,329140 (16%)$1,324282 (29%)$5,550577 (71%)$11,884
2015-16315 (41%)$4,234141 (16%)$1,146289 (28%)$5,941615 (75%)$12,894
2016-17321 (40%)$4,341141 (19%)$1,119288 (29%)$5,795644 (76%)$13,230
2017-18342 (43%)$4,502145 (17%)$1,108309 (35%)$6,727661 (75%)$13,312
2018-19318 (41%)$4,529151 (17%)$1,148295 (33%)$6,348677 (75%)$13,607
2019-20314 (44%)$4,683346 (39%)$1,311301 (32%)$6,619622 (72%)$13,536
2020-21268 (44%)$4,694436 (40%)$1,424259 (32%)$6,564587 (73%)$14,316
2021-22260 (41%)$4,677501 (44%)$1,825257 (32%)$6,457659 (77%)$15,923
Average312 (42.00%)$4,440227 (24.20%)$1,285279 (30.30%)$5,954621 (74.10%)$13,157
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 496 (61.40 % of students) get any students loan help and its average loan amount is $496.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13537 (69%)$7,370531 (69%)$6,26574 (12%)$9,557
2013-14537 (63%)$7,198529 (62%)$6,02775 (10%)$10,902
2014-15539 (64%)$7,348533 (63%)$6,23274 (8%)$10,575
2015-16511 (62%)$7,152504 (62%)$6,02674 (7%)$10,380
2016-17525 (64%)$7,263516 (63%)$6,03497 (8%)$10,575
2017-18512 (62%)$7,048502 (61%)$5,76389 (8%)$10,860
2018-19487 (57%)$7,070476 (56%)$5,537101 (9%)$10,969
2019-20461 (59%)$7,149450 (58%)$5,56891 (9%)$11,736
2020-21423 (57%)$6,720412 (56%)$5,29278 (8%)$11,873
2021-22429 (57%)$6,935416 (56%)$5,35880 (8%)$13,068
Average496 (61.40%)$7,125487 (60.60%)$5,81083 (8.70%)$11,050
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