How Ivy Tech CC'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 Ivy Tech Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 41,068, which is 49.22 % of all undergraduate students. 17,036 students which is 20.22% of undergraduate students received federal student loans and the average loan amount is $4,199.

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	53,661 (55%)	$4,235	49,897 (52%)	$3,699	32,771 (34%)	$4,470
2014-15	47,975 (53%)	$4,478	44,402 (49%)	$3,828	27,075 (30%)	$4,300
2015-16	40,056 (49%)	$4,404	36,485 (45%)	$3,772	20,509 (25%)	$4,288
2016-17	35,560 (45%)	$4,504	31,534 (40%)	$3,888	17,534 (22%)	$4,312
2017-18	32,704 (43%)	$4,441	28,492 (38%)	$3,792	14,645 (19%)	$4,087
2018-19	31,277 (43%)	$4,109	26,544 (37%)	$3,461	12,879 (18%)	$4,053
2019-20	30,640 (42%)	$4,112	25,413 (35%)	$3,451	11,699 (16%)	$4,131
2020-21	50,750 (58%)	$3,858	22,692 (26%)	$3,900	9,198 (10%)	$3,975
2021-22	46,987 (55%)	$4,697	20,872 (24%)	$3,940	7,017 (8%)	$4,178
Average	41,068 (49.22%)	$4,315	31,815 (38.44%)	$3,748	17,036 (20.22%)	$4,199

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

Overview

For the last 10 years, on average, 4,122 (69.78 % of students) received grants or scholarships and its average amount is $6,088. It can cover 64.32% of tuition & fees ($9,465) based on out-of-state rate.

In addition, 1,394 (21.78 % of students) students get helped from the students loans (average amount : $4,250).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	6,306 (72%)	$5,378	3,024 (34%)	$4,526
2014-15	5,103 (71%)	$5,832	2,316 (32%)	$4,318
2015-16	4,195 (65%)	$5,867	1,579 (24%)	$4,333
2016-17	3,360 (63%)	$6,048	1,265 (24%)	$4,295
2017-18	3,060 (64%)	$6,387	965 (20%)	$3,948
2018-19	3,768 (63%)	$5,943	1,096 (18%)	$4,019
2019-20	4,255 (65%)	$5,717	1,158 (18%)	$4,054
2020-21	3,796 (87%)	$5,823	634 (14%)	$4,221
2021-22	3,251 (78%)	$7,799	505 (12%)	$4,535
Average	4,122 (69.78%)	$6,088	1,394 (21.78%)	$4,250

^*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, 3,485 (57.44 % of students) received Pell (federal) grants and its average amount is $4,663.

In addition, 2,287 students received State/local government grants/scholarships (39.44 % 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	5,931 (68%)	$4,494	657 (7%)	$574	2,725 (31%)	$2,292	829 (9%)	$772
2014-15	4,738 (66%)	$4,624	581 (8%)	$590	2,503 (35%)	$2,785	765 (11%)	$705
2015-16	3,834 (59%)	$4,524	569 (9%)	$595	2,298 (36%)	$2,803	699 (11%)	$698
2016-17	3,030 (57%)	$4,581	532 (10%)	$603	2,127 (40%)	$2,678	599 (11%)	$706
2017-18	2,718 (57%)	$4,778	308 (6%)	$554	2,049 (43%)	$2,922	538 (11%)	$738
2018-19	3,285 (55%)	$4,444	606 (10%)	$593	2,404 (40%)	$2,877	890 (15%)	$585
2019-20	3,568 (55%)	$4,271	622 (10%)	$692	2,792 (43%)	$2,885	807 (12%)	$740
2020-21	2,117 (48%)	$5,071	3,579 (82%)	$1,323	1,791 (41%)	$3,014	973 (22%)	$1,268
2021-22	2,147 (52%)	$5,181	2,701 (65%)	$2,542	1,896 (46%)	$3,197	1,112 (27%)	$1,171
Average	3,485 (57.44%)	$4,663	1,128 (23.00%)	$896	2,287 (39.44%)	$2,828	801 (14.33%)	$820

^*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, 1,394 (21.78 % of students) get any students loan help and its average loan amount is $1,394.

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	3,024 (34%)	$4,526	3,005 (34%)	$4,497	34 (0%)	$5,070
2014-15	2,316 (32%)	$4,318	2,295 (32%)	$4,298	36 (0%)	$3,806
2015-16	1,579 (24%)	$4,333	1,577 (24%)	$4,243	35 (1%)	$4,313
2016-17	1,265 (24%)	$4,295	1,265 (24%)	$4,230	18 (0%)	$4,563
2017-18	965 (20%)	$3,948	965 (20%)	$3,912	7 (0%)	$5,081
2018-19	1,096 (18%)	$4,019	1,095 (18%)	$3,896	23 (0%)	$6,016
2019-20	1,158 (18%)	$4,054	1,157 (18%)	$3,978	14 (0%)	$6,591
2020-21	634 (14%)	$4,221	634 (14%)	$4,120	9 (0%)	$7,080
2021-22	505 (12%)	$4,535	505 (12%)	$4,381	9 (0%)	$8,629
Average	1,394 (21.78%)	$4,250	1,389 (21.78%)	$4,173	21 (1.00%)	$5,683

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Scholarships, Grants, and Loan Trends at Ivy Tech CC

All Undergraduate Students Financial Aid Over Time

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