Scholarships, Grants, and Loan Trends at Indian River State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,653, which is 45.89 % of all undergraduate students. 1,340 students which is 7.89% of undergraduate students received federal student loans and the average loan amount is $4,430.
For full-time, first-time beginning students (freshmen), 70.00% of students received grants or scholarships and 9% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Indian River State College since 2013.
For that period, the average number of students who received grants aid/scholarships is 7,653, which is 45.89 % of all undergraduate students. 1,340 students which is 7.89% of undergraduate students received federal student loans and the average loan amount is $4,430.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,673 (44%)$3,8506,941 (40%)$3,5082,117 (12%)$4,401
2014-157,731 (44%)$3,9607,157 (41%)$3,5402,050 (12%)$4,394
2015-167,364 (40%)$4,0206,874 (38%)$3,5551,805 (10%)$4,467
2016-177,120 (39%)$4,0776,729 (37%)$3,5571,627 (9%)$4,510
2017-186,924 (39%)$4,7826,522 (37%)$3,9371,339 (8%)$4,492
2018-196,313 (38%)$4,7185,828 (35%)$3,854964 (6%)$4,415
2019-207,081 (42%)$4,5625,511 (33%)$3,951899 (5%)$4,318
2020-215,709 (37%)$5,4864,645 (30%)$3,994606 (4%)$4,481
2021-2212,961 (90%)$3,3105,826 (40%)$3,516653 (5%)$4,394
Average7,653 (45.89%)$4,3076,226 (36.78%)$3,7121,340 (7.89%)$4,430

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 899 (70.00 % of students) received grants or scholarships and its average amount is $5,489. It can cover 53.81% of tuition & fees ($10,201) based on out-of-state rate.
In addition, 117 (8.56 % of students) students get helped from the students loans (average amount : $3,609).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,078 (71%)$4,699208 (14%)$3,394
2014-15979 (67%)$4,925190 (13%)$3,863
2015-16857 (63%)$5,016158 (12%)$3,577
2016-17974 (65%)$5,127145 (10%)$3,741
2017-18895 (68%)$6,316109 (8%)$3,735
2018-19676 (64%)$6,16556 (5%)$3,575
2019-20949 (68%)$5,94589 (6%)$3,522
2020-21714 (73%)$5,64246 (5%)$3,668
2021-22973 (91%)$5,56348 (4%)$3,402
Average899 (70.00%)$5,489117 (8.56%)$3,609
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 722 (55.33 % of students) received Pell (federal) grants and its average amount is $4,832.
In addition, 398 students received State/local government grants/scholarships (32.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14884 (58%)$4,36676 (5%)$636360 (24%)$1,692173 (11%)$3,169
2014-15881 (60%)$4,38260 (4%)$756245 (17%)$1,707152 (10%)$3,271
2015-16752 (56%)$4,52669 (5%)$596222 (16%)$1,319181 (13%)$3,102
2016-17878 (58%)$4,51590 (6%)$655294 (19%)$1,677192 (13%)$2,489
2017-18788 (60%)$5,08560 (5%)$449638 (49%)$1,686164 (13%)$3,312
2018-19592 (56%)$5,09850 (5%)$613437 (42%)$1,971105 (10%)$2,452
2019-20709 (51%)$5,228665 (47%)$780529 (38%)$1,995140 (10%)$2,574
2020-21479 (49%)$5,176616 (63%)$1,040406 (42%)$1,698107 (11%)$2,046
2021-22539 (50%)$5,113964 (90%)$1,650455 (42%)$1,97073 (7%)$2,315
Average722 (55.33%)$4,832294 (25.56%)$797398 (32.11%)$1,746143 (10.89%)$2,748
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 117 (8.56 % of students) get any students loan help and its average loan amount is $117.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14208 (14%)$3,394208 (14%)$3,394--
2014-15190 (13%)$3,863190 (13%)$3,863--
2015-16158 (12%)$3,577158 (12%)$3,577--
2016-17145 (10%)$3,741145 (10%)$3,741--
2017-18109 (8%)$3,735109 (8%)$3,735--
2018-1956 (5%)$3,57556 (5%)$3,575--
2019-2089 (6%)$3,52289 (6%)$3,522--
2020-2146 (5%)$3,66846 (5%)$3,668--
2021-2248 (4%)$3,40248 (4%)$3,402--
Average117 (8.56%)$3,609117 (8.56%)$3,609--
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