Financial Aid at BSU

Financial Aid Amount Received

$10,868 (38.92% of tuition & fees)

Percent of Financial Aid Received

81% of 14,898 students

Data source: National Center for Education Statistics

All Undergraduate Students Financial Aid

12,838 undergraduate students (81% of all students) have received grants, scholarships, and/or federal student loans at Ball State University. The percentage of students who received financial aid much higher compared to Public, 4-Years Colleges in Indiana.

Compare to similar schools in rankings such as University of South Florida and University of Louisiana at Lafayette, the percentage of students who received financial aid is average (the average of the schools is 76.40%).

The average amount of grants of scholarship aid is $10,868 and the average loan amount is $6,835. The average financial aid amount is 38.92% of tuition & fees based on out-of-state rate (tuition & fees: $27,924).

Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	12,838	81%	$139,523,270	$10,868
Pell Grants	5,357	34%	$28,462,193	$5,313
Federal Students Loans	12,196	77%	$83,359,544	$6,835

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 3,046 students have received one or more types of financial aid at Ball State University.

The average amount of federal, state, local or institutional grant aid is $11,442 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,026.

The following table shows the financial data by type of aid at Ball State University.

First-time Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	3,367	95%	-	-
Grant or scholarship aid	3,046	86%	$34,851,040	$11,442
Federal Grants	2,514	71%	$9,471,543	$3,768
Pell Grants	1,372	39%	$7,286,618	$5,311
Other Federal Grants	2,377	67%	$2,184,925	$919
State/Local Grants	1,322	37%	$9,849,866	$7,451
Institutional Grants	2,130	60%	$15,529,631	$7,291
Student Loans	3,143	88%	$22,082,317	$7,026
Federal Student Loans	3,123	88%	$17,024,408	$5,451
Other Student Loans	378	11%	$5,057,909	$13,381

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Ball State University.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$26,113,483	$8,879
0 - $30,000	609	605	$10,134,529	$16,641
$30,001 - $48,000	411	409	$5,925,805	$14,418
$48,001 - $75,000	443	417	$4,227,326	$9,542
$75,001 - $110,000	563	400	$2,957,507	$5,253
$110,001 - more	915	454	$2,868,316	$3,135

Paid Tuition Rates by Residency

At Ball State University, for the first-time/full-time students, 3,169 students have paid in-state rate of tuition and 337 students have paid out-of-state tuition rate.

	# of Students
In-District Rate	0
In-State Rate	3,169
Out-of-State Rate	337
Un-known	46

Number of Students by Living Arrangement (Freshmen)

At Ball State University, 1,978 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 195 students live off-campus. In addition, 188 students live with their family.