How Indiana Institute of Technology-College of Professional Studies's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Indiana Institute of Technology-College of Professional Studies since 2017.

For that period, the average number of students who received grants aid/scholarships is 3,132, which is 75.00 % of all undergraduate students. 3,176 students which is 75.40% of undergraduate students received federal student loans and the average loan amount is $6,588.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	4,210 (85%)	$5,540	3,799 (77%)	$3,825	4,326 (88%)	$7,019
2018-19	3,501 (74%)	$5,099	2,985 (63%)	$3,739	3,649 (77%)	$6,766
2019-20	2,738 (66%)	$5,352	2,447 (59%)	$3,836	3,118 (75%)	$6,824
2020-21	2,837 (74%)	$5,024	2,175 (57%)	$3,783	2,763 (72%)	$6,416
2021-22	2,374 (76%)	$4,649	1,733 (56%)	$3,495	2,026 (65%)	$5,913
Average	3,132 (75.00%)	$5,133	2,628 (62.40%)	$3,736	3,176 (75.40%)	$6,588

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

Overview

For the last 6 years, on average, 160 (78.60 % of students) received grants or scholarships and its average amount is $5,508. It can cover 55.63% of tuition & fees ($9,900).

In addition, 148 (71.60 % of students) students get helped from the students loans (average amount : $6,438).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	254 (91%)	$6,331	253 (91%)	$7,508
2018-19	133 (38%)	$5,973	133 (38%)	$7,158
2019-20	113 (87%)	$5,187	120 (92%)	$6,689
2020-21	160 (90%)	$4,328	148 (83%)	$4,914
2021-22	142 (87%)	$5,719	88 (54%)	$5,921
Average	160 (78.60%)	$5,508	148 (71.60%)	$6,438

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 145 (70.80 % of students) received Pell (federal) grants and its average amount is $4,173.

In addition, 51 students received State/local government grants/scholarships (25.40 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	243 (87%)	$4,860	-	-	71 (25%)	$5,740	6 (2%)	$3,232
2018-19	127 (37%)	$4,921	-	-	31 (9%)	$5,434	1 (0%)	$1,000
2019-20	113 (87%)	$4,034	-	-	20 (15%)	$6,188	3 (2%)	$2,171
2020-21	128 (72%)	$3,483	1 (1%)	$837	61 (34%)	$2,868	34 (19%)	$2,084
2021-22	116 (71%)	$3,566	6 (4%)	$288	72 (44%)	$5,011	18 (11%)	$2,000
Average	145 (70.80%)	$4,173	4 (2.50%)	$563	51 (25.40%)	$5,048	12 (8.50%)	$2,097

^*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..

Student Loans

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 6 years, on average, 148 (71.60 % of students) get any students loan help and its average loan amount is $148.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	253 (91%)	$7,508	251 (90%)	$7,459	3 (1%)	$9,088
2018-19	133 (38%)	$7,158	133 (38%)	$7,158	-	-
2019-20	120 (92%)	$6,689	120 (92%)	$6,689	-	-
2020-21	148 (83%)	$4,914	148 (83%)	$4,914	-	-
2021-22	88 (54%)	$5,921	88 (54%)	$5,921	-	-
Average	148 (71.60%)	$6,438	148 (71.40%)	$6,428	3 (1.00%)	$9,088

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Scholarships, Grants, and Loan Trends at Indiana Institute of Technology-College of Professional Studies

All Undergraduate Students Financial Aid Over Time

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