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How many students are received any financial aid at Iowa State University?

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For the academic year 2022-2023, total 4,756 full-time, first-time students (89% 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 20,513 students (79% of all students) received grants or scholarships and the average grant amount is $9,461. In addition, 12,029 students received student loans and the average loan amount is $6,070.

Below tables show the number and amount by source of financial aid at Iowa State University.
All Undergraduate Student Financial Aid at Iowa State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid20,51379%$9,461
Pell Grants4,94119%$4,826
Federal Student Loans12,02947%$6,070
Beginning Students (Freshmen) Financial Aid at Iowa State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid4,75689%-
Grants or Scholarship from All Sources4,24580%$11,043
Federal Grants2,28143%$4,556
Pell Grants1,02219%$4,784
Other Federal Grants2,26242%$2,433
State/Local Grants381%$4,376
Institutional Grants3,87373%$9,377
Student Loans2,49847%$7,620
Federal Student Loans2,44846%$5,166
Other Student Loans54210%$11,787
see more grants, scholarship, student loans, and other financial aid stats

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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