Number Received Financial Aid (All Undergraduate)
2,426
Percent Received Financial Aid(All Undergraduate)
65%
Average Aid Amount
$7,425
Number Received Financial Aid (Freshmen)
611
Percent Received Financial Aid (Freshmen)
89%
Financial Aid Information at IUSB
For the academic year 2023-2024, a total of 2,426 students (65% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $7,425. For freshmen (Full-time, first-time degree-seeking undergraduate students), 611 students (89% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Indiana University-South Bend 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 2,426 students (65% of all students) have received grants or scholarships and the average received aid amount is $7,425. 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-South Bend 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 | 2,426 | 65% | $7,425 |
| Pell Grants | 1,545 | 41% | $4,627 |
| Federal Student Loans | 1,370 | 37% | $6,033 |
Beginning Students Financial Aid
a total of 611 beginning students (89% of all freshmen) have received any financial aid and 595 students (86% 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-South Bend.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 611 | 89% | - |
| Grants or Scholarship from All Sources | 526 | 76% | $8,152 |
| Federal Grants | 358 | 52% | $5,161 |
| Pell Grants | 356 | 52% | $5,075 |
| Other Federal Grants | 110 | 16% | $372 |
| State/Local Grants | 331 | 48% | $5,178 |
| Institutional Grants | 295 | 43% | $2,461 |
| Student Loans | 261 | 38% | $5,107 |
| Federal Student Loans | 256 | 37% | $4,801 |
| Other Student Loans | 14 | 2% | $7,417 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 652 have paid in-state tuition rates (94% of undergraduate students) and 38 students (6%) have paid the tuition & fee based on out-of-state rates at Indiana University-South Bend.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 652 | 94% | $8,424 |
| Out-of-State Rate | 38 | 6% | $22,811 |
Students Headcount by Living Status
For academic year 2023-2024, total 493 full-time beginning students have enrolled and attended Indiana University-South Bend. Among them, 110 students have lived on campus and 140 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 | 66 | 94 | 110 |
| Living Off-Campus with Family | 275 | 253 | 243 |
| Living Off-Campus without Family | 153 | 110 | 140 |
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 | 484 | 416 | $3,687,926 | $7,620 |
| $0 - $30,000 | 151 | 151 | $1,757,166 | $11,637 |
| $30,001 - $48,000 | 100 | 99 | $1,094,538 | $10,945 |
| $48,001 - $75,000 | 102 | 93 | $684,608 | $6,712 |
| $75,001 - $110,000 | 73 | 41 | $104,614 | $1,433 |
| $110,001 or more | 58 | 32 | $47,000 | $810 |
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