How IUSB'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-South Bend since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,446, which is 63.89 % of all undergraduate students. 2,236 students which is 39.89% of undergraduate students received federal student loans and the average loan amount is $6,329.

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	3,601 (48%)	$5,682	2,537 (34%)	$4,221	2,875 (38%)	$6,998
2014-15	3,670 (50%)	$5,612	2,446 (34%)	$4,315	2,689 (37%)	$6,958
2015-16	3,821 (54%)	$5,688	2,397 (34%)	$4,328	2,671 (38%)	$6,642
2016-17	3,500 (53%)	$6,268	2,167 (33%)	$4,346	2,514 (38%)	$6,351
2017-18	3,154 (65%)	$7,492	2,148 (44%)	$4,496	2,272 (47%)	$6,205
2018-19	3,111 (66%)	$7,131	2,073 (44%)	$4,423	2,107 (45%)	$5,973
2019-20	3,551 (78%)	$6,378	1,870 (41%)	$4,297	1,978 (43%)	$5,875
2020-21	3,333 (76%)	$6,352	1,719 (39%)	$4,277	1,620 (37%)	$5,881
2021-22	3,270 (85%)	$7,231	1,591 (41%)	$4,284	1,401 (36%)	$6,074
Average	3,446 (63.89%)	$6,426	2,105 (38.22%)	$4,332	2,236 (39.89%)	$6,329

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

Overview

For the last 10 years, on average, 642 (79.56 % of students) received grants or scholarships and its average amount is $7,221. It can cover 32.76% of tuition & fees ($22,043) based on out-of-state rate.

In addition, 349 (42.33 % of students) students get helped from the students loans (average amount : $5,058).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	601 (72%)	$6,310	421 (50%)	$5,000
2014-15	621 (72%)	$7,191	406 (47%)	$5,194
2015-16	630 (75%)	$6,995	394 (47%)	$5,069
2016-17	611 (71%)	$7,270	407 (47%)	$5,222
2017-18	697 (76%)	$8,147	421 (46%)	$5,220
2018-19	709 (82%)	$7,624	362 (42%)	$5,079
2019-20	722 (91%)	$7,123	302 (38%)	$5,007
2020-21	610 (82%)	$6,505	245 (33%)	$4,898
2021-22	578 (95%)	$7,821	187 (31%)	$4,831
Average	642 (79.56%)	$7,221	349 (42.33%)	$5,058

^*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, 398 (48.56 % of students) received Pell (federal) grants and its average amount is $4,603.

In addition, 355 students received State/local government grants/scholarships (43.44 % 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	413 (49%)	$4,447	166 (20%)	$200	340 (41%)	$4,247	335 (40%)	$1,429
2014-15	445 (51%)	$4,667	139 (16%)	$201	373 (43%)	$4,811	332 (38%)	$1,705
2015-16	393 (47%)	$4,624	127 (15%)	$218	380 (45%)	$5,077	362 (43%)	$1,748
2016-17	399 (46%)	$4,598	122 (14%)	$198	352 (41%)	$5,260	330 (38%)	$2,216
2017-18	470 (51%)	$4,801	170 (19%)	$208	438 (48%)	$5,704	364 (40%)	$2,441
2018-19	448 (52%)	$4,971	35 (4%)	$200	389 (45%)	$5,487	487 (56%)	$2,129
2019-20	384 (48%)	$4,598	623 (78%)	$1,008	366 (46%)	$5,212	389 (49%)	$2,163
2020-21	330 (45%)	$4,382	508 (69%)	$754	297 (40%)	$4,892	316 (43%)	$2,171
2021-22	296 (48%)	$4,338	551 (90%)	$2,153	258 (42%)	$4,971	282 (46%)	$2,722
Average	398 (48.56%)	$4,603	271 (36.11%)	$571	355 (43.44%)	$5,073	355 (43.67%)	$2,080

^*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, 349 (42.33 % of students) get any students loan help and its average loan amount is $349.

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	421 (50%)	$5,000	421 (50%)	$4,889	8 (1%)	$5,859
2014-15	406 (47%)	$5,194	405 (47%)	$5,008	8 (1%)	$10,044
2015-16	394 (47%)	$5,069	394 (47%)	$4,938	7 (1%)	$7,390
2016-17	407 (47%)	$5,222	406 (47%)	$5,028	10 (1%)	$8,371
2017-18	421 (46%)	$5,220	417 (46%)	$4,916	21 (2%)	$7,038
2018-19	362 (42%)	$5,079	362 (42%)	$4,946	6 (1%)	$7,981
2019-20	302 (38%)	$5,007	301 (38%)	$4,740	10 (1%)	$8,513
2020-21	245 (33%)	$4,898	244 (33%)	$4,590	7 (1%)	$11,426
2021-22	187 (31%)	$4,831	187 (31%)	$4,510	9 (1%)	$6,670
Average	349 (42.33%)	$5,058	349 (42.33%)	$4,841	10 (1.11%)	$8,144

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Scholarships, Grants, and Loan Trends at IUSB

All Undergraduate Students Financial Aid Over Time

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