Scholarships, Grants, and Loan Trends at IBC

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 213, which is 71.17 % of all undergraduate students. 276 students which is 91.67% of undergraduate students received federal student loans and the average loan amount is $5,639.
For full-time, first-time beginning students (freshmen), 69.83% of students received grants or scholarships and 93% 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 International Business College-Fort Wayne since 2013.
For that period, the average number of students who received grants aid/scholarships is 213, which is 71.17 % of all undergraduate students. 276 students which is 91.67% of undergraduate students received federal student loans and the average loan amount is $5,639.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14251 (67%)$5,318218 (58%)$3,670353 (94%)$6,685
2014-15282 (76%)$5,502227 (61%)$3,793347 (94%)$5,862
2015-16237 (70%)$5,929201 (59%)$3,597311 (92%)$5,965
2016-17215 (69%)$5,903174 (56%)$3,648284 (91%)$5,211
2017-18164 (74%)$6,043137 (62%)$3,941199 (90%)$5,277
2018-19131 (71%)$6,109110 (60%)$4,024163 (89%)$4,835
Average213 (71.17%)$5,801178 (59.33%)$3,779276 (91.67%)$5,639

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

For the last 7 years, on average, 87 (69.83 % of students) received grants or scholarships and its average amount is $6,697. It can cover 47.97% of tuition & fees ($13,960).
In addition, 117 (93.00 % of students) students get helped from the students loans (average amount : $6,935).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14104 (67%)$6,707148 (95%)$7,606
2014-15118 (72%)$6,724156 (95%)$7,160
2015-1698 (67%)$6,499136 (93%)$7,471
2016-1791 (68%)$6,500121 (91%)$6,916
2017-1852 (69%)$7,25270 (93%)$6,359
2018-1959 (76%)$6,49971 (91%)$6,095
Average87 (69.83%)$6,697117 (93.00%)$6,935
*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 7 years, on average, 79 (63.00 % of students) received Pell (federal) grants and its average amount is $4,756.
In addition, 51 students received State/local government grants/scholarships (40.67 % 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
2013-1496 (62%)$4,62096 (62%)$37270 (45%)$2,89119 (12%)$842
2014-15111 (67%)$4,783111 (67%)$24370 (42%)$3,22812 (7%)$792
2015-1684 (58%)$4,65584 (58%)$39361 (42%)$3,30013 (9%)$885
2016-1779 (59%)$4,71680 (60%)$53841 (31%)$3,40517 (13%)$2,139
2017-1850 (67%)$4,90350 (67%)$16932 (43%)$3,7047 (9%)$714
2018-1951 (65%)$4,85751 (65%)$23932 (41%)$3,48717 (22%)$706
Average79 (63.00%)$4,75679 (63.17%)$32651 (40.67%)$3,33614 (12.00%)$1,013
*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 7 years, on average, 117 (93.00 % 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
2013-14148 (95%)$7,606147 (95%)$7,0599 (6%)$9,784
2014-15156 (95%)$7,160156 (95%)$6,9043 (2%)$13,294
2015-16136 (93%)$7,471136 (93%)$7,0057 (5%)$9,058
2016-17121 (91%)$6,916121 (91%)$6,6484 (3%)$8,096
2017-1870 (93%)$6,35970 (93%)$5,7903 (4%)$13,261
2018-1971 (91%)$6,09571 (91%)$5,6753 (4%)$9,926
Average117 (93.00%)$6,935117 (93.00%)$6,5145 (4.00%)$10,570
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