Financial Aid at IU
Financial Aid Amount Received
$11,540 (27.55% of tuition)
Percent of Financial Aid Received
68% of 38,093 students
23,695 undergraduate students (66% of all students) have received grants, scholarships, and/or federal student loans at Indiana University-Bloomington. The percentage of students who received financial aid much higher compared to Public, 4-Years Colleges in Indiana.
Compared to similar schools in rankings such as University of Cincinnati-Main Campus and University of Vermont, the percentage of students who received financial aid is higher (the average of the schools is 61.70%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $11,389 and the average loan amount is $5,890. The average financial aid amount is 27.55% of tuition & fees based on out-of-state rate (tuition & fees: $41,891).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 23,695 | 66% | $269,864,187 | $11,389 |
| Pell Grants | 5,951 | 17% | $30,571,149 | $5,137 |
| Federal Students Loans | 9,801 | 27% | $57,725,459 | $5,890 |
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), 7,145 students have received one or more types of financial aid at Indiana University-Bloomington.
The average amount of federal, state, local or institutional grant aid is $9,857 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,445.
The following table shows the financial data by type of aid at Indiana University-Bloomington.
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 | 7,843 | 81% | - | - |
| Grant or scholarship aid | 7,145 | 74% | $70,425,027 | $9,857 |
| Federal Grants | 1,671 | 17% | $9,401,036 | $5,626 |
| Pell Grants | 1,667 | 17% | $8,823,803 | $5,293 |
| Other Federal Grants | 680 | 7% | $577,233 | $849 |
| State/Local Grants | 1,690 | 17% | $12,724,565 | $7,529 |
| Institutional Grants | 6,843 | 70% | $48,299,426 | $7,058 |
| Student Loans | 3,122 | 32% | $29,486,997 | $9,445 |
| Federal Student Loans | 2,970 | 31% | $14,914,163 | $5,022 |
| Other Student Loans | 688 | 7% | $14,572,834 | $21,181 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Indiana University-Bloomington.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $32,944,402 | $12,019 |
| 0 - $30,000 | 545 | 545 | $11,573,445 | $21,236 |
| $30,001 - $48,000 | 426 | 425 | $8,510,780 | $19,978 |
| $48,001 - $75,000 | 486 | 463 | $7,314,176 | $15,050 |
| $75,001 - $110,000 | 393 | 302 | $2,567,610 | $6,533 |
| $110,001 - more | 891 | 592 | $2,978,391 | $3,343 |
Paid Tuition Rates by Residency
At Indiana University-Bloomington, for the first-time/full-time students, 5,052 students have paid in-state rate of tuition and 4,657 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 5,052 |
| Out-of-State Rate | 4,657 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At Indiana University-Bloomington, 3,811 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 98 students live off-campus. In addition, 45 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 3,811 |
| Living Off-Campus | 98 |
| Living with Family | 45 |
| Un-known | 0 |