Number Received Financial Aid (All Undergraduate)
1,828
Percent Received Financial Aid(All Undergraduate)
68%
Average Aid Amount
$6,548
Number Received Financial Aid (Freshmen)
433
Percent Received Financial Aid (Freshmen)
87%
Financial Aid Information at IUK
For the academic year 2023-2024, a total of 1,828 students (68% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,548. For freshmen (Full-time, first-time degree-seeking undergraduate students), 433 students (87% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Indiana University-Kokomo is $8,424 for Indiana residents and $22,811 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,828 students (68% of all students) have received grants or scholarships and the average received aid amount is $6,548. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Indiana University-Kokomo for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,828 | 68% | $6,548 |
| Pell Grants | 926 | 35% | $4,692 |
| Federal Student Loans | 889 | 33% | $6,167 |
Beginning Students Financial Aid
a total of 433 beginning students (87% of all freshmen) have received any financial aid and 420 students (85% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Indiana University-Kokomo.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 433 | 87% | - |
| Grants or Scholarship from All Sources | 367 | 74% | $7,473 |
| Federal Grants | 215 | 43% | $4,906 |
| Pell Grants | 214 | 43% | $4,802 |
| Other Federal Grants | 55 | 11% | $494 |
| State/Local Grants | 213 | 43% | $5,120 |
| Institutional Grants | 206 | 42% | $2,899 |
| Student Loans | 156 | 32% | $5,169 |
| Federal Student Loans | 153 | 31% | $4,749 |
| Other Student Loans | 11 | 2% | $7,250 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 468 have paid in-state tuition rates (95% of undergraduate students) and 27 students (5%) have paid the tuition & fee based on out-of-state rates at Indiana University-Kokomo.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 468 | 95% | $8,424 |
| Out-of-State Rate | 27 | 5% | $22,811 |
Students Headcount by Living Status
For academic year 2023-2024, total 343 full-time beginning students have enrolled and attended Indiana University-Kokomo. Among them, 0 students have lived on campus and 96 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 340 | 262 | 247 |
| Living Off-Campus without Family | 65 | 105 | 96 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 299 | 248 | $2,115,430 | $7,075 |
| $0 - $30,000 | 81 | 81 | $976,208 | $12,052 |
| $30,001 - $48,000 | 60 | 60 | $594,086 | $9,901 |
| $48,001 - $75,000 | 56 | 52 | $343,110 | $6,127 |
| $75,001 - $110,000 | 49 | 31 | $122,687 | $2,504 |
| $110,001 or more | 53 | 24 | $79,339 | $1,497 |
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