Scholarships, Grants, and Loan Trends at IUK

18%

Received Percent Changed

$1,286

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,142, which is 67.44 % of all undergraduate students. 1,221 students which is 37.67% of undergraduate students received federal student loans and the average loan amount is $6,377.

For full-time, first-time beginning students (freshmen), 73.44% of students received grants or scholarships and 38% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Indiana University-Kokomo since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,142, which is 67.44 % of all undergraduate students. 1,221 students which is 37.67% of undergraduate students received federal student loans and the average loan amount is $6,377.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,018 (50%)$5,2621,230 (31%)$4,4051,425 (36%)$7,200
2015-162,226 (56%)$5,3421,278 (32%)$4,4331,540 (39%)$6,809
2016-172,160 (54%)$5,5241,185 (30%)$4,4111,426 (36%)$6,746
2017-181,872 (65%)$6,8601,175 (41%)$4,5171,324 (46%)$6,488
2018-191,917 (66%)$6,7111,141 (39%)$4,5151,219 (42%)$6,470
2019-202,408 (81%)$5,5341,084 (37%)$4,1511,227 (41%)$5,823
2020-212,073 (69%)$6,7901,078 (36%)$4,2521,034 (34%)$5,737
2021-222,773 (98%)$5,621972 (35%)$4,395909 (32%)$5,951
2022-231,828 (68%)$6,548926 (35%)$4,692889 (33%)$6,167
Average2,142 (67.44%)$6,0211,119 (35.11%)$4,4191,221 (37.67%)$6,377
*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.

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

For the last 10 years, on average, 414 (73.44 % of students) received grants or scholarships and its average amount is $7,350. It can cover 32.22% of tuition & fees ($22,811) based on out-of-state rate.

In addition, 213 (37.89 % of students) students get helped from the students loans (average amount : $5,085).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15319 (65%)$7,566211 (43%)$5,067
2015-16392 (71%)$7,631262 (47%)$4,895
2016-17313 (65%)$7,341201 (42%)$5,331
2017-18365 (62%)$8,325227 (38%)$5,184
2018-19414 (66%)$7,757257 (41%)$5,240
2019-20558 (89%)$5,781247 (39%)$5,171
2020-21438 (71%)$7,852173 (28%)$4,716
2021-22562 (98%)$6,428179 (31%)$4,992
2022-23367 (74%)$7,473156 (32%)$5,169
Average414 (73.44%)$7,350213 (37.89%)$5,085
*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, 242 (43.22 % of students) received Pell (federal) grants and its average amount is $4,612.

In addition, 235 students received State/local government grants/scholarships (42.11 % 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
2014-15218 (44%)$4,73782 (17%)$300219 (44%)$5,115120 (24%)$1,968
2015-16269 (49%)$4,704110 (20%)$294256 (46%)$5,449163 (29%)$1,831
2016-17208 (43%)$4,53855 (11%)$493195 (41%)$5,513142 (30%)$1,773
2017-18235 (40%)$4,84062 (11%)$592237 (40%)$5,962168 (28%)$2,687
2018-19275 (44%)$4,65471 (11%)$468267 (43%)$5,465199 (32%)$2,207
2019-20243 (39%)$4,313492 (79%)$598237 (38%)$5,267238 (38%)$2,670
2020-21268 (44%)$4,401244 (40%)$947261 (43%)$5,454221 (36%)$2,738
2021-22244 (43%)$4,523555 (97%)$1,465232 (41%)$4,977209 (37%)$2,591
2022-23214 (43%)$4,80255 (11%)$494213 (43%)$5,120206 (42%)$2,899
Average242 (43.22%)$4,612192 (33.00%)$628235 (42.11%)$5,369185 (32.89%)$2,374
*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, 213 (37.89 % of students) get any students loan help and its average loan amount is $213.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15211 (43%)$5,067210 (43%)$5,0582 (0%)$3,500
2015-16262 (47%)$4,895262 (47%)$4,6879 (2%)$6,067
2016-17201 (42%)$5,331201 (42%)$5,1675 (1%)$6,608
2017-18227 (38%)$5,184225 (38%)$4,86813 (2%)$6,278
2018-19257 (41%)$5,240255 (41%)$5,01111 (2%)$6,272
2019-20247 (39%)$5,171242 (39%)$4,67721 (3%)$6,925
2020-21173 (28%)$4,716169 (28%)$4,34113 (2%)$6,334
2021-22179 (31%)$4,992173 (30%)$4,71212 (2%)$6,533
2022-23156 (32%)$5,169153 (31%)$4,74911 (2%)$7,250
Average213 (37.89%)$5,085210 (37.67%)$4,80811 (2.00%)$6,196

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