Financial Aid at IU
Financial Aid Amount Received
$11,451 (28.29% of tuition)
Percent of Financial Aid Received
72% of 35,660 students
24,658 undergraduate students (72% 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 Florida State University and Ohio State University-Main Campus, the percentage of students who received financial aid is average (the average of the schools is 79.50%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $11,451 and the average loan amount is $5,965. The average financial aid amount is 28.29% of tuition & fees based on out-of-state rate (tuition & fees: $40,482).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 24,658 | 72% | $282,353,813 | $11,451 |
| Pell Grants | 5,978 | 17% | $28,923,423 | $4,838 |
| Federal Students Loans | 9,650 | 28% | $57,565,667 | $5,965 |
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), 7,012 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 $10,336 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,757.
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 | 7,680 | 81% | - | - |
| Grant or scholarship aid | 7,012 | 74% | $72,479,201 | $10,336 |
| Federal Grants | 3,390 | 36% | $16,800,395 | $4,956 |
| Pell Grants | 1,713 | 18% | $8,438,246 | $4,926 |
| Other Federal Grants | 3,390 | 36% | $8,362,149 | $2,467 |
| State/Local Grants | 1,689 | 18% | $12,004,196 | $7,107 |
| Institutional Grants | 6,034 | 64% | $43,674,610 | $7,238 |
| Student Loans | 3,202 | 34% | $31,243,043 | $9,757 |
| Federal Student Loans | 3,041 | 32% | $15,525,820 | $5,105 |
| Other Student Loans | 745 | 8% | $15,717,223 | $21,097 |
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 | - | - | $31,091,754 | $11,253 |
| 0 - $30,000 | 543 | 543 | $10,999,305 | $20,257 |
| $30,001 - $48,000 | 438 | 438 | $8,538,898 | $19,495 |
| $48,001 - $75,000 | 478 | 445 | $6,827,015 | $14,282 |
| $75,001 - $110,000 | 384 | 285 | $2,202,883 | $5,737 |
| $110,001 - more | 920 | 517 | $2,523,653 | $2,743 |
Paid Tuition Rates by Residency
At Indiana University-Bloomington, for the first-time/full-time students, 5,153 students have paid in-state rate of tuition and 4,297 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 5,153 |
| Out-of-State Rate | 4,297 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At Indiana University-Bloomington, 3,667 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 106 students live off-campus. In addition, 61 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 3,667 |
| Living Off-Campus | 106 |
| Living with Family | 61 |
| Un-known | 0 |