For the academic year 2022-2023, total 446 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,300 students (85% of all students) received grants or scholarships and the average grant amount is $20,104. In addition, 1,111 students received student loans and the average loan amount is $7,054.
Below tables show the number and amount by source of financial aid at Indiana Institute of Technology.
For all undergraduate students, total 1,300 students (85% of all students) received grants or scholarships and the average grant amount is $20,104. In addition, 1,111 students received student loans and the average loan amount is $7,054.
Below tables show the number and amount by source of financial aid at Indiana Institute of Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,300 | 85% | $20,104 |
| Pell Grants | 502 | 33% | $4,887 |
| Federal Student Loans | 1,111 | 73% | $7,054 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 446 | 100% | - |
| Grants or Scholarship from All Sources | 446 | 100% | $19,813 |
| Federal Grants | 192 | 43% | $4,928 |
| Pell Grants | 192 | 43% | $4,700 |
| Other Federal Grants | 99 | 22% | $442 |
| State/Local Grants | 131 | 29% | $6,689 |
| Institutional Grants | 446 | 100% | $15,727 |
| Student Loans | 409 | 92% | $7,973 |
| Federal Student Loans | 409 | 92% | $6,324 |
| Other Student Loans | 54 | 12% | $12,492 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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