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 Iowa State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 21,268, which is 74.22 % of all undergraduate students. 14,137 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $6,135.

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	19,479 (70%)	$6,589	6,040 (22%)	$4,200	14,449 (52%)	$6,290
2014-15	19,325 (67%)	$6,552	6,167 (21%)	$4,220	15,081 (52%)	$6,201
2015-16	20,544 (68%)	$6,663	6,296 (21%)	$4,223	15,002 (50%)	$6,204
2016-17	21,114 (69%)	$7,028	6,299 (21%)	$4,304	15,105 (49%)	$6,185
2017-18	21,604 (71%)	$7,538	6,425 (21%)	$4,438	14,990 (49%)	$6,158
2018-19	21,476 (73%)	$7,889	6,212 (21%)	$4,476	14,118 (48%)	$5,966
2019-20	27,377 (97%)	$6,497	5,766 (20%)	$4,585	13,591 (48%)	$5,998
2020-21	19,984 (74%)	$8,659	5,312 (20%)	$4,736	12,868 (48%)	$6,142
2021-22	20,513 (79%)	$9,461	4,941 (19%)	$4,826	12,029 (47%)	$6,070
Average	21,268 (74.22%)	$7,431	5,940 (20.67%)	$4,445	14,137 (49.22%)	$6,135

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

Overview

For the last 10 years, on average, 4,601 (80.44 % of students) received grants or scholarships and its average amount is $8,227. It can cover 29.72% of tuition & fees ($27,683) based on out-of-state rate.

In addition, 2,870 (49.89 % of students) students get helped from the students loans (average amount : $7,328).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	4,614 (76%)	$7,137	3,093 (51%)	$6,868
2014-15	4,550 (76%)	$7,381	3,110 (52%)	$6,532
2015-16	4,768 (79%)	$7,425	2,970 (49%)	$6,899
2016-17	4,787 (78%)	$7,882	3,103 (50%)	$7,208
2017-18	4,607 (80%)	$7,990	2,904 (50%)	$7,431
2018-19	4,828 (82%)	$8,063	2,993 (51%)	$7,711
2019-20	4,700 (86%)	$8,287	2,777 (51%)	$8,003
2020-21	4,310 (87%)	$8,833	2,385 (48%)	$7,684
2021-22	4,245 (80%)	$11,043	2,498 (47%)	$7,620
Average	4,601 (80.44%)	$8,227	2,870 (49.89%)	$7,328

^*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, 1,117 (19.44 % of students) received Pell (federal) grants and its average amount is $4,425.

In addition, 62 students received State/local government grants/scholarships (1.25 % 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	1,213 (20%)	$4,116	291 (5%)	$1,127	99 (2%)	$6,305	4,556 (75%)	$5,923
2014-15	1,193 (20%)	$4,164	626 (10%)	$1,755	79 (1%)	$6,836	4,428 (74%)	$6,092
2015-16	1,162 (19%)	$4,168	334 (6%)	$788	72 (1%)	$5,270	4,686 (78%)	$6,384
2016-17	1,224 (20%)	$4,341	337 (5%)	$748	116 (2%)	$5,074	4,697 (76%)	$6,723
2017-18	1,087 (19%)	$4,445	314 (5%)	$1,222	12 (0%)	$3,444	4,504 (78%)	$7,005
2018-19	1,171 (20%)	$4,431	350 (6%)	$1,059	67 (1%)	$4,428	4,697 (79%)	$7,041
2019-20	1,084 (20%)	$4,558	1,235 (23%)	$1,561	43 (1%)	$4,334	4,562 (83%)	$6,992
2020-21	896 (18%)	$4,818	1,448 (29%)	$1,687	29 (1%)	$3,930	4,199 (84%)	$7,429
2021-22	1,022 (19%)	$4,784	2,262 (42%)	$2,433	38 (1%)	$4,376	3,873 (73%)	$9,377
Average	1,117 (19.44%)	$4,425	800 (14.56%)	$1,376	62 (1.25%)	$4,889	4,467 (77.78%)	$6,996

^*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, 2,870 (49.89 % of students) get any students loan help and its average loan amount is $2,870.

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	3,093 (51%)	$6,868	3,035 (50%)	$5,432	487 (8%)	$9,768
2014-15	3,110 (52%)	$6,532	3,071 (51%)	$5,292	468 (8%)	$8,679
2015-16	2,970 (49%)	$6,899	2,907 (48%)	$5,284	540 (9%)	$9,499
2016-17	3,103 (50%)	$7,208	3,059 (50%)	$5,405	560 (9%)	$10,414
2017-18	2,904 (50%)	$7,431	2,849 (49%)	$5,309	583 (10%)	$11,070
2018-19	2,993 (51%)	$7,711	2,935 (50%)	$5,134	691 (12%)	$11,594
2019-20	2,777 (51%)	$8,003	2,720 (50%)	$5,142	729 (13%)	$11,299
2020-21	2,385 (48%)	$7,684	2,336 (47%)	$5,202	531 (11%)	$11,630
2021-22	2,498 (47%)	$7,620	2,448 (46%)	$5,166	542 (10%)	$11,787
Average	2,870 (49.89%)	$7,328	2,818 (49.00%)	$5,263	570 (10.00%)	$10,638

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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