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What is the average financial aid amount at Indiana State University?

For the academic year 2022-2023, total 1,380 full-time, first-time students (97% 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 7,112 students (92% of all students) received grants or scholarships and the average grant amount is $8,858. In addition, 4,083 students received student loans and the average loan amount is $6,294.

Below tables show the number and amount by source of financial aid at Indiana State University.
All Undergraduate Student Financial Aid at Indiana State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,11292%$8,858
Pell Grants2,91338%$4,568
Federal Student Loans4,08353%$6,294
Beginning Students (Freshmen) Financial Aid at Indiana State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,38097%-
Grants or Scholarship from All Sources1,36896%$10,802
Federal Grants1,33294%$4,153
Pell Grants66447%$4,722
Other Federal Grants1,29391%$1,854
State/Local Grants60042%$6,414
Institutional Grants1,06775%$5,057
Student Loans79356%$6,226
Federal Student Loans78255%$4,762
Other Student Loans1007%$12,137

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