For the academic year 2022-2023, total 3,057 full-time, first-time students (91% 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 13,919 students (73% of all students) received grants or scholarships and the average grant amount is $11,422. In addition, 6,735 students received student loans and the average loan amount is $6,228.
Below tables show the number and amount by source of financial aid at Indiana University-Purdue University-Indianapolis.
For all undergraduate students, total 13,919 students (73% of all students) received grants or scholarships and the average grant amount is $11,422. In addition, 6,735 students received student loans and the average loan amount is $6,228.
Below tables show the number and amount by source of financial aid at Indiana University-Purdue University-Indianapolis.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 13,919 | 73% | $11,422 |
| Pell Grants | 6,895 | 36% | $4,575 |
| Federal Student Loans | 6,735 | 35% | $6,228 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 3,057 | 91% | - |
| Grants or Scholarship from All Sources | 2,768 | 83% | $12,201 |
| Federal Grants | 1,804 | 54% | $6,527 |
| Pell Grants | 1,471 | 44% | $4,742 |
| Other Federal Grants | 1,794 | 54% | $2,676 |
| State/Local Grants | 1,465 | 44% | $6,713 |
| Institutional Grants | 2,450 | 73% | $4,964 |
| Student Loans | 1,231 | 37% | $6,420 |
| Federal Student Loans | 1,185 | 35% | $4,638 |
| Other Student Loans | 195 | 6% | $12,345 |
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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