Financial Aid at Ivy Tech CC

Financial Aid Amount Received

$4,697 (49.62% of tuition)

Percent of Financial Aid Received

55% of 89,705 students

46,987 undergraduate students (55% of all students) have received grants, scholarships, and/or federal student loans at Ivy Tech Community College. The percentage of students who received financial aid much higher compared to Public, 2-4 Years Colleges in Indiana.

Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $4,697 and the average loan amount is $4,178. The average financial aid amount is 49.62% of tuition & fees based on out-of-state rate (tuition & fees: $9,465).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	46,987	55%	$220,717,668	$4,697
Pell Grants	20,872	24%	$82,238,655	$3,940
Federal Students Loans	7,017	8%	$29,315,474	$4,178

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), 3,251 students have received one or more types of financial aid at Ivy Tech Community College.

The average amount of federal, state, local or institutional grant aid is $7,799 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,535.

The following table shows the financial data by type of aid at Ivy Tech Community College.

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	3,314	80%	-	-
Grant or scholarship aid	3,251	78%	$25,355,758	$7,799
Federal Grants	2,721	65%	$17,991,067	$6,612
Pell Grants	2,147	52%	$11,124,601	$5,181
Other Federal Grants	2,701	65%	$6,866,466	$2,542
State/Local Grants	1,896	46%	$6,062,210	$3,197
Institutional Grants	1,112	27%	$1,302,481	$1,171
Student Loans	505	12%	$2,290,266	$4,535
Federal Student Loans	505	12%	$2,212,603	$4,381
Other Student Loans	9	0%	$77,663	$8,629

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Ivy Tech Community College.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$17,208,522	$7,146
0 - $30,000	1,149	1,144	$10,228,551	$8,902
$30,001 - $48,000	553	550	$4,395,342	$7,948
$48,001 - $75,000	426	400	$2,099,742	$4,929
$75,001 - $110,000	164	105	$378,583	$2,308
$110,001 - more	116	54	$106,304	$916

Paid Tuition Rates by Residency

At Ivy Tech Community College, for the first-time/full-time students, 4,074 students have paid in-state rate of tuition and 93 students have paid out-of-state tuition rate.