univstats

ISU Financial Aid

Number Received Financial Aid (All Undergraduate) 20,513
Percent Received Financial Aid(All Undergraduate) 79%
Average Aid Amount $9,461
Number Received Financial Aid (Freshmen) 4,756
Percent Received Financial Aid (Freshmen) 89%

Financial Aid Information at ISU

For the academic year 2021-2022, a total of 20,513 students (79% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $9,461. For freshmen (Full-time, first-time degree-seeking undergraduate students), 4,756 students (89% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Iowa State University is $10,497 for Iowa residents and $27,683 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 20,513 students (79% of all students) have received grants or scholarships and the average received aid amount is $9,461. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Iowa State University for all undergraduate students.
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 Financial Aid

a total of 4,756 beginning students (89% of all freshmen) have received any financial aid and 4,245 students (80% 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 Iowa State University.
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

Students Headcount by Living Status

For academic year 2021-2022, total 2,082 full-time beginning students have enrolled and attended Iowa State University. Among them, 1,764 students have lived on campus and 168 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Iowa State University
Living Status201920202021
Living On-Campus2,4122,1881,764
Living Off-Campus with Family568449
Living Off-Campus without Family11045168

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 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Iowa State University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,6501,333$10,622,033$6,438
$0 - $30,000209209$3,009,591$14,400
$30,001 - $48,000170170$2,159,407$12,702
$48,001 - $75,000286285$2,811,378$9,830
$75,001 - $110,000302282$1,410,194$4,670
$110,001 or more683387$1,231,463$1,803