Number Received Financial Aid (All Undergraduate)
12,206
Percent Received Financial Aid(All Undergraduate)
69%
Average Aid Amount
$10,912
Number Received Financial Aid (Freshmen)
3,106
Percent Received Financial Aid (Freshmen)
91%
Financial Aid Information at IUPUI
For the academic year 2023-2024, a total of 12,206 students (69% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,912. For freshmen (Full-time, first-time degree-seeking undergraduate students), 3,106 students (91% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Indiana University-Indianapolis is $10,762 for Indiana residents and $34,891 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 12,206 students (69% of all students) have received grants or scholarships and the average received aid amount is $10,912. 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-Indianapolis 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 | 12,206 | 69% | $10,912 |
| Pell Grants | 6,429 | 36% | $4,830 |
| Federal Student Loans | 6,254 | 35% | $6,194 |
Beginning Students Financial Aid
a total of 3,106 beginning students (91% of all freshmen) have received any financial aid and 3,048 students (90% 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-Indianapolis.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 3,106 | 91% | - |
| Grants or Scholarship from All Sources | 2,771 | 82% | $11,473 |
| Federal Grants | 1,525 | 45% | $5,341 |
| Pell Grants | 1,520 | 45% | $5,003 |
| Other Federal Grants | 586 | 17% | $924 |
| State/Local Grants | 1,525 | 45% | $6,803 |
| Institutional Grants | 2,533 | 75% | $5,239 |
| Student Loans | 1,275 | 38% | $6,407 |
| Federal Student Loans | 1,232 | 36% | $4,648 |
| Other Student Loans | 198 | 6% | $12,336 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 3,111 have paid in-state tuition rates (92% of undergraduate students) and 288 students (8%) have paid the tuition & fee based on out-of-state rates at Indiana University-Indianapolis.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 3,111 | 92% | $10,762 |
| Out-of-State Rate | 288 | 8% | $34,891 |
Students Headcount by Living Status
For academic year 2023-2024, total 2,515 full-time beginning students have enrolled and attended Indiana University-Indianapolis. Among them, 1,025 students have lived on campus and 719 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 | 805 | 936 | 1,025 |
| Living Off-Campus with Family | 866 | 799 | 771 |
| Living Off-Campus without Family | 1,044 | 692 | 719 |
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 | 2,141 | 1,868 | $23,140,112 | $10,808 |
| $0 - $30,000 | 616 | 614 | $10,144,500 | $16,468 |
| $30,001 - $48,000 | 422 | 420 | $6,526,006 | $15,464 |
| $48,001 - $75,000 | 388 | 369 | $4,179,320 | $10,771 |
| $75,001 - $110,000 | 329 | 228 | $1,383,132 | $4,204 |
| $110,001 or more | 386 | 237 | $907,154 | $2,350 |
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