How IUK'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 University-Kokomo since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,157, which is 65.33 % of all undergraduate students. 1,280 students which is 38.00% of undergraduate students received federal student loans and the average loan amount is $6,474.

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	1,970 (49%)	$4,867	1,224 (31%)	$4,263	1,414 (36%)	$7,046
2014-15	2,018 (50%)	$5,262	1,230 (31%)	$4,405	1,425 (36%)	$7,200
2015-16	2,226 (56%)	$5,342	1,278 (32%)	$4,433	1,540 (39%)	$6,809
2016-17	2,160 (54%)	$5,524	1,185 (30%)	$4,411	1,426 (36%)	$6,746
2017-18	1,872 (65%)	$6,860	1,175 (41%)	$4,517	1,324 (46%)	$6,488
2018-19	1,917 (66%)	$6,711	1,141 (39%)	$4,515	1,219 (42%)	$6,470
2019-20	2,408 (81%)	$5,534	1,084 (37%)	$4,151	1,227 (41%)	$5,823
2020-21	2,073 (69%)	$6,790	1,078 (36%)	$4,252	1,034 (34%)	$5,737
2021-22	2,773 (98%)	$5,621	972 (35%)	$4,395	909 (32%)	$5,951
Average	2,157 (65.33%)	$5,835	1,152 (34.67%)	$4,371	1,280 (38.00%)	$6,474

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

Overview

For the last 10 years, on average, 403 (71.78 % of students) received grants or scholarships and its average amount is $7,298. It can cover 33.11% of tuition & fees ($22,043) based on out-of-state rate.

In addition, 217 (39.11 % of students) students get helped from the students loans (average amount : $5,070).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	270 (59%)	$7,000	196 (43%)	$5,038
2014-15	319 (65%)	$7,566	211 (43%)	$5,067
2015-16	392 (71%)	$7,631	262 (47%)	$4,895
2016-17	313 (65%)	$7,341	201 (42%)	$5,331
2017-18	365 (62%)	$8,325	227 (38%)	$5,184
2018-19	414 (66%)	$7,757	257 (41%)	$5,240
2019-20	558 (89%)	$5,781	247 (39%)	$5,171
2020-21	438 (71%)	$7,852	173 (28%)	$4,716
2021-22	562 (98%)	$6,428	179 (31%)	$4,992
Average	403 (71.78%)	$7,298	217 (39.11%)	$5,070

^*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, 240 (43.22 % of students) received Pell (federal) grants and its average amount is $4,575.

In addition, 231 students received State/local government grants/scholarships (41.56 % 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	196 (43%)	$4,465	60 (13%)	$312	176 (38%)	$4,684	116 (25%)	$1,480
2014-15	218 (44%)	$4,737	82 (17%)	$300	219 (44%)	$5,115	120 (24%)	$1,968
2015-16	269 (49%)	$4,704	110 (20%)	$294	256 (46%)	$5,449	163 (29%)	$1,831
2016-17	208 (43%)	$4,538	55 (11%)	$493	195 (41%)	$5,513	142 (30%)	$1,773
2017-18	235 (40%)	$4,840	62 (11%)	$592	237 (40%)	$5,962	168 (28%)	$2,687
2018-19	275 (44%)	$4,654	71 (11%)	$468	267 (43%)	$5,465	199 (32%)	$2,207
2019-20	243 (39%)	$4,313	492 (79%)	$598	237 (38%)	$5,267	238 (38%)	$2,670
2020-21	268 (44%)	$4,401	244 (40%)	$947	261 (43%)	$5,454	221 (36%)	$2,738
2021-22	244 (43%)	$4,523	555 (97%)	$1,465	232 (41%)	$4,977	209 (37%)	$2,591
Average	240 (43.22%)	$4,575	192 (33.22%)	$608	231 (41.56%)	$5,321	175 (31.00%)	$2,216

^*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, 217 (39.11 % of students) get any students loan help and its average loan amount is $217.

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	196 (43%)	$5,038	195 (42%)	$5,008	2 (0%)	$5,461
2014-15	211 (43%)	$5,067	210 (43%)	$5,058	2 (0%)	$3,500
2015-16	262 (47%)	$4,895	262 (47%)	$4,687	9 (2%)	$6,067
2016-17	201 (42%)	$5,331	201 (42%)	$5,167	5 (1%)	$6,608
2017-18	227 (38%)	$5,184	225 (38%)	$4,868	13 (2%)	$6,278
2018-19	257 (41%)	$5,240	255 (41%)	$5,011	11 (2%)	$6,272
2019-20	247 (39%)	$5,171	242 (39%)	$4,677	21 (3%)	$6,925
2020-21	173 (28%)	$4,716	169 (28%)	$4,341	13 (2%)	$6,334
2021-22	179 (31%)	$4,992	173 (30%)	$4,712	12 (2%)	$6,533
Average	217 (39.11%)	$5,070	215 (38.89%)	$4,837	10 (2.00%)	$5,998

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Scholarships, Grants, and Loan Trends at IUK

All Undergraduate Students Financial Aid Over Time

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