Scholarships, Grants, and Loan Trends at UIndy

8%

Received Percent Changed

$11,949

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 3,815, which is 90.00 % of all undergraduate students. 2,477 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $7,012.

For full-time, first-time beginning students (freshmen), 99.11% of students received grants or scholarships and 66% 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 University of Indianapolis since 2014.

For that period, the average number of students who received grants aid/scholarships is 3,815, which is 90.00 % of all undergraduate students. 2,477 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $7,012.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153,484 (84%)$13,8041,432 (34%)$3,9652,613 (63%)$7,469
2015-163,535 (84%)$14,8251,346 (32%)$3,9432,513 (60%)$7,322
2016-173,629 (84%)$16,4101,418 (33%)$4,0132,610 (60%)$7,173
2017-183,878 (86%)$18,3541,574 (35%)$4,5082,740 (61%)$7,066
2018-194,097 (91%)$19,8171,701 (38%)$4,6242,764 (61%)$6,946
2019-204,296 (97%)$21,3671,741 (39%)$4,7422,754 (62%)$6,936
2020-214,058 (95%)$23,1801,635 (38%)$4,7882,449 (57%)$6,755
2021-223,925 (97%)$24,6711,559 (38%)$4,8732,092 (51%)$6,625
2022-233,433 (92%)$25,7531,336 (36%)$5,4871,759 (47%)$6,815
Average3,815 (90.00%)$19,7981,527 (35.89%)$4,5492,477 (58.00%)$7,012
*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, 1,021 (99.11 % of students) received grants or scholarships and its average amount is $22,260. It can cover 59.84% of tuition & fees ($37,200).

In addition, 681 (65.78 % of students) students get helped from the students loans (average amount : $7,520).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15931 (97%)$15,651661 (69%)$8,264
2015-16939 (97%)$17,368673 (70%)$7,467
2016-17991 (99%)$19,134707 (71%)$8,290
2017-181,127 (99%)$20,763774 (68%)$7,628
2018-191,208 (100%)$21,938812 (67%)$7,499
2019-201,155 (100%)$24,290804 (69%)$7,480
2020-21940 (100%)$25,196576 (61%)$7,373
2021-221,048 (100%)$26,961671 (64%)$6,532
2022-23850 (100%)$29,037448 (53%)$7,148
Average1,021 (99.11%)$22,260681 (65.78%)$7,520
*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, 438 (42.11 % of students) received Pell (federal) grants and its average amount is $4,688.

In addition, 459 students received State/local government grants/scholarships (44.22 % 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
2014-15319 (33%)$4,155300 (31%)$368324 (34%)$5,868929 (96%)$12,092
2015-16322 (33%)$4,106265 (27%)$418355 (37%)$6,105937 (97%)$13,563
2016-17394 (39%)$4,289310 (31%)$385392 (39%)$6,230988 (99%)$14,889
2017-18498 (44%)$4,669292 (26%)$392529 (46%)$7,5361,122 (99%)$15,128
2018-19540 (45%)$4,670520 (43%)$384588 (49%)$7,0091,200 (99%)$16,382
2019-20548 (47%)$4,897477 (41%)$411590 (51%)$7,3771,154 (100%)$18,044
2020-21466 (49%)$4,791522 (55%)$991487 (52%)$7,183939 (100%)$18,568
2021-22482 (46%)$4,916583 (56%)$3,018495 (47%)$7,0691,048 (100%)$19,683
2022-23370 (43%)$5,700367 (43%)$387370 (43%)$7,754848 (100%)$23,068
Average438 (42.11%)$4,688404 (39.22%)$750459 (44.22%)$6,9031,018 (98.89%)$16,824
*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, 681 (65.78 % of students) get any students loan help and its average loan amount is $681.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15661 (69%)$8,264653 (68%)$6,327110 (11%)$12,103
2015-16673 (70%)$7,467667 (69%)$5,663104 (11%)$12,000
2016-17707 (71%)$8,290692 (69%)$5,805139 (14%)$13,264
2017-18774 (68%)$7,628767 (67%)$5,557124 (11%)$13,242
2018-19812 (67%)$7,499799 (66%)$5,580129 (11%)$12,637
2019-20804 (69%)$7,480792 (68%)$5,566124 (11%)$12,949
2020-21576 (61%)$7,373564 (60%)$5,18692 (10%)$14,371
2021-22671 (64%)$6,532665 (63%)$5,14273 (7%)$13,200
2022-23448 (53%)$7,148436 (51%)$5,28871 (8%)$12,635
Average681 (65.78%)$7,520671 (64.56%)$5,568107 (10.44%)$12,933

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