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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Indiana Institute of Technology since 2011.
For that period, the average number of students who received grants aid/scholarships is 3,187, which is 81.18 % of all undergraduate students. 3,289 students which is 79.00% of undergraduate students received federal student loans and the average loan amount is $7,676.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,319 (74%)$9,2512,758 (61%)$4,1173,758 (83%)$7,944
2012-133,861 (75%)$8,9613,203 (62%)$4,0594,380 (85%)$8,351
2013-144,463 (78%)$8,4023,706 (65%)$4,0094,867 (85%)$7,695
2014-155,235 (80%)$8,5104,368 (67%)$4,0985,577 (85%)$7,288
2015-165,572 (81%)$8,3424,594 (67%)$4,2335,785 (84%)$8,207
2016-175,884 (81%)$7,8374,823 (67%)$3,6986,046 (83%)$7,288
2017-181,321 (78%)$18,249616 (36%)$4,3891,128 (67%)$8,359
2018-191,325 (87%)$19,259602 (40%)$4,5201,126 (74%)$7,445
2019-201,353 (86%)$20,069610 (39%)$4,6101,174 (74%)$7,916
2020-211,422 (88%)$19,784624 (39%)$4,6571,225 (76%)$6,893
2021-221,300 (85%)$20,104502 (33%)$4,8871,111 (73%)$7,054
Average3,187 (81.18%)$13,5242,401 (52.36%)$4,2983,289 (79.00%)$7,676

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 522 (97.55 % of students) received grants or scholarships and its average amount is $16,574. It can cover 54.44% of tuition & fees ($30,446).
In addition, 506 (94.09 % of students) students get helped from the students loans (average amount : $7,474).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12490 (97%)$13,300487 (96%)$6,761
2012-13451 (96%)$13,995446 (95%)$6,989
2013-14552 (97%)$12,634548 (96%)$7,542
2014-15673 (96%)$12,535677 (97%)$7,592
2015-16702 (94%)$17,274690 (93%)$9,027
2016-17692 (95%)$13,575669 (91%)$10,121
2017-18432 (100%)$18,528408 (94%)$6,398
2018-19427 (99%)$20,340400 (93%)$5,445
2019-20422 (99%)$20,568394 (92%)$9,009
2020-21452 (100%)$19,752435 (96%)$5,354
2021-22446 (100%)$19,813409 (92%)$7,973
Average522 (97.55%)$16,574506 (94.09%)$7,474
*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 12 years, on average, 320 (58.18 % of students) received Pell (federal) grants and its average amount is $4,556.
In addition, 158 students received State/local government grants/scholarships (30.36 % 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
2011-12331 (66%)$4,175101 (20%)$637166 (33%)$4,594402 (80%)$10,716
2012-13285 (61%)$4,11987 (19%)$619154 (33%)$4,372378 (81%)$11,668
2013-14393 (69%)$4,448122 (21%)$623137 (24%)$5,193357 (63%)$12,433
2014-15474 (68%)$4,701121 (17%)$493179 (26%)$5,663415 (59%)$12,371
2015-16506 (68%)$4,871129 (17%)$601153 (21%)$5,989702 (94%)$12,347
2016-17454 (62%)$4,665161 (22%)$568201 (27%)$4,983467 (64%)$13,241
2017-18226 (52%)$4,441128 (30%)$705158 (37%)$6,867427 (99%)$13,642
2018-19221 (51%)$4,53497 (23%)$735157 (36%)$6,968427 (99%)$15,265
2019-20209 (49%)$4,863109 (26%)$718136 (32%)$7,453422 (99%)$15,572
2020-21232 (51%)$4,596112 (25%)$680164 (36%)$6,784452 (100%)$14,763
2021-22192 (43%)$4,70099 (22%)$442131 (29%)$6,689446 (100%)$15,727
Average320 (58.18%)$4,556115 (22.00%)$620158 (30.36%)$5,960445 (85.27%)$13,431
*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 12 years, on average, 506 (94.09 % of students) get any students loan help and its average loan amount is $506.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12487 (96%)$6,761487 (96%)$6,17630 (6%)$9,502
2012-13446 (95%)$6,989446 (95%)$6,13539 (8%)$9,769
2013-14548 (96%)$7,542536 (94%)$6,67252 (9%)$10,715
2014-15677 (97%)$7,592677 (97%)$6,59663 (9%)$10,699
2015-16690 (93%)$9,027689 (92%)$8,29949 (7%)$10,414
2016-17669 (91%)$10,121669 (91%)$9,24357 (8%)$10,304
2017-18408 (94%)$6,398408 (94%)$5,04345 (10%)$12,284
2018-19400 (93%)$5,445400 (93%)$4,11449 (11%)$10,867
2019-20394 (92%)$9,009394 (92%)$7,80544 (10%)$10,776
2020-21435 (96%)$5,354435 (96%)$3,96645 (10%)$13,417
2021-22409 (92%)$7,973409 (92%)$6,32454 (12%)$12,492
Average506 (94.09%)$7,474505 (93.82%)$6,39848 (9.09%)$11,022

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