How ISU'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 State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,161, which is 70.33 % of all undergraduate students. 5,961 students which is 57.56% of undergraduate students received federal student loans and the average loan amount is $6,501.

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
2013-14	7,243 (71%)	$7,746	4,591 (45%)	$4,155	6,421 (63%)	$6,768
2014-15	7,339 (67%)	$8,161	4,726 (43%)	$4,232	6,580 (60%)	$6,655
2015-16	7,401 (66%)	$8,521	4,852 (43%)	$4,247	6,643 (59%)	$6,431
2016-17	7,092 (63%)	$8,689	4,637 (41%)	$4,229	6,576 (59%)	$6,565
2017-18	7,332 (63%)	$8,975	4,923 (43%)	$4,498	6,582 (57%)	$6,495
2018-19	6,931 (63%)	$9,049	4,493 (41%)	$4,579	6,208 (57%)	$6,521
2019-20	6,441 (63%)	$9,391	4,014 (39%)	$4,621	5,699 (56%)	$6,478
2020-21	7,559 (85%)	$8,458	3,422 (38%)	$4,500	4,859 (54%)	$6,306
2021-22	7,112 (92%)	$8,858	2,913 (38%)	$4,568	4,083 (53%)	$6,294
Average	7,161 (70.33%)	$8,650	4,286 (41.22%)	$4,403	5,961 (57.56%)	$6,501

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

Overview

For the last 10 years, on average, 1,898 (83.33 % of students) received grants or scholarships and its average amount is $9,175. It can cover 42.22% of tuition & fees ($21,734) based on out-of-state rate.

In addition, 1,513 (65.11 % of students) students get helped from the students loans (average amount : $6,981).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,279 (86%)	$7,928	1,818 (69%)	$6,831
2014-15	2,163 (79%)	$8,864	1,875 (69%)	$6,472
2015-16	2,206 (80%)	$9,204	1,822 (66%)	$6,485
2016-17	1,861 (76%)	$9,297	1,694 (70%)	$7,291
2017-18	2,147 (80%)	$9,163	1,802 (67%)	$6,667
2018-19	1,891 (79%)	$8,947	1,552 (65%)	$7,499
2019-20	1,510 (80%)	$9,714	1,224 (65%)	$8,123
2020-21	1,656 (94%)	$8,657	1,033 (59%)	$7,237
2021-22	1,368 (96%)	$10,802	793 (56%)	$6,226
Average	1,898 (83.33%)	$9,175	1,513 (65.11%)	$6,981

^*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 10 years, on average, 1,189 (51.00 % of students) received Pell (federal) grants and its average amount is $4,461.

In addition, 1,001 students received State/local government grants/scholarships (43.00 % 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
2013-14	1,490 (56%)	$4,225	286 (11%)	$447	1,154 (43%)	$5,794	1,995 (75%)	$2,486
2014-15	1,466 (54%)	$4,265	265 (10%)	$431	1,246 (46%)	$6,161	1,756 (64%)	$2,920
2015-16	1,476 (53%)	$4,336	339 (12%)	$442	1,309 (47%)	$6,295	1,878 (68%)	$2,936
2016-17	1,246 (51%)	$4,404	220 (9%)	$453	1,092 (45%)	$6,366	1,561 (64%)	$3,051
2017-18	1,450 (54%)	$4,494	239 (9%)	$440	1,236 (46%)	$6,239	1,624 (61%)	$3,288
2018-19	1,181 (49%)	$4,589	267 (11%)	$438	935 (39%)	$6,138	1,597 (67%)	$3,534
2019-20	933 (50%)	$4,640	1,393 (74%)	$567	734 (39%)	$6,584	1,164 (62%)	$4,052
2020-21	799 (45%)	$4,478	1,416 (80%)	$774	703 (40%)	$6,350	1,392 (79%)	$3,735
2021-22	664 (47%)	$4,722	1,293 (91%)	$1,854	600 (42%)	$6,414	1,067 (75%)	$5,057
Average	1,189 (51.00%)	$4,461	635 (34.11%)	$650	1,001 (43.00%)	$6,260	1,559 (68.33%)	$3,451

^*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 10 years, on average, 1,513 (65.11 % of students) get any students loan help and its average loan amount is $1,513.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,818 (69%)	$6,831	1,818 (69%)	$6,268	100 (4%)	$10,225
2014-15	1,875 (69%)	$6,472	1,875 (69%)	$5,954	110 (4%)	$8,826
2015-16	1,822 (66%)	$6,485	1,822 (66%)	$5,850	123 (4%)	$9,413
2016-17	1,694 (70%)	$7,291	1,694 (70%)	$6,335	145 (6%)	$11,167
2017-18	1,802 (67%)	$6,667	1,802 (67%)	$5,946	125 (5%)	$10,402
2018-19	1,552 (65%)	$7,499	1,552 (65%)	$6,315	165 (7%)	$11,144
2019-20	1,224 (65%)	$8,123	1,224 (65%)	$6,555	172 (9%)	$11,156
2020-21	1,033 (59%)	$7,237	1,033 (59%)	$5,979	115 (7%)	$11,296
2021-22	793 (56%)	$6,226	782 (55%)	$4,762	100 (7%)	$12,137
Average	1,513 (65.11%)	$6,981	1,511 (65.00%)	$5,996	128 (5.89%)	$10,641

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Scholarships, Grants, and Loan Trends at ISU

All Undergraduate Students Financial Aid Over Time

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