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What is the average loan amount at Indiana University Purdue University Indianapolis?

For the academic year 2022-2023, total 1,231 full-time, first-time students (37% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 6,735 students (35% of all students) have received federal student loans and the average loan amount is $6,228 at Indiana University-Purdue University-Indianapolis.

Below tables show the number and amount by source of financial aid at Indiana University-Purdue University-Indianapolis.
All Undergraduate Student Financial Aid at Indiana University-Purdue University-Indianapolis
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid13,91973%$11,422
Pell Grants6,89536%$4,575
Federal Student Loans6,73535%$6,228
Beginning Students (Freshmen) Financial Aid at Indiana University-Purdue University-Indianapolis
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid3,05791%-
Grants or Scholarship from All Sources2,76883%$12,201
Federal Grants1,80454%$6,527
Pell Grants1,47144%$4,742
Other Federal Grants1,79454%$2,676
State/Local Grants1,46544%$6,713
Institutional Grants2,45073%$4,964
Student Loans1,23137%$6,420
Federal Student Loans1,18535%$4,638
Other Student Loans1956%$12,345

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