How UI'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 University of Iowa since 2013.

For that period, the average number of students who received grants aid/scholarships is 14,726, which is 63.67 % of all undergraduate students. 9,796 students which is 42.56% of undergraduate students received federal student loans and the average loan amount is $6,621.

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	12,585 (57%)	$8,211	4,138 (19%)	$3,929	10,006 (46%)	$6,763
2014-15	13,064 (58%)	$8,428	4,287 (19%)	$3,999	9,800 (44%)	$6,774
2015-16	14,055 (60%)	$8,800	4,388 (19%)	$4,119	9,768 (42%)	$6,620
2016-17	15,456 (63%)	$8,549	4,544 (19%)	$4,152	10,188 (42%)	$6,615
2017-18	16,469 (67%)	$8,385	4,812 (20%)	$4,323	10,436 (43%)	$6,737
2018-19	15,482 (65%)	$8,723	4,871 (20%)	$4,346	10,241 (43%)	$6,515
2019-20	15,896 (68%)	$8,778	4,568 (19%)	$4,375	9,821 (42%)	$6,552
2020-21	14,421 (65%)	$9,528	4,207 (19%)	$4,594	9,165 (41%)	$6,468
2021-22	15,105 (70%)	$10,058	4,036 (19%)	$4,730	8,742 (40%)	$6,547
Average	14,726 (63.67%)	$8,829	4,428 (19.22%)	$4,285	9,796 (42.56%)	$6,621

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

Overview

For the last 10 years, on average, 3,562 (76.22 % of students) received grants or scholarships and its average amount is $9,293. It can cover 28.22% of tuition & fees ($32,927) based on out-of-state rate.

In addition, 2,169 (46.44 % of students) students get helped from the students loans (average amount : $7,883).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,098 (73%)	$8,116	1,952 (46%)	$7,104
2014-15	3,359 (77%)	$8,816	2,037 (47%)	$7,106
2015-16	3,927 (81%)	$9,501	2,235 (46%)	$7,238
2016-17	4,286 (82%)	$8,045	2,497 (48%)	$7,174
2017-18	3,978 (84%)	$7,832	2,231 (47%)	$7,373
2018-19	3,045 (64%)	$9,754	2,196 (46%)	$7,963
2019-20	3,533 (72%)	$10,611	2,304 (47%)	$9,031
2020-21	3,157 (71%)	$11,007	1,998 (45%)	$9,106
2021-22	3,672 (82%)	$9,959	2,072 (46%)	$8,853
Average	3,562 (76.22%)	$9,293	2,169 (46.44%)	$7,883

^*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, 935 (20.00 % of students) received Pell (federal) grants and its average amount is $4,280.

In addition, 128 students received State/local government grants/scholarships (2.78 % 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	814 (19%)	$4,133	192 (4%)	$1,007	140 (3%)	$4,242	2,519 (59%)	$8,333
2014-15	915 (21%)	$4,122	165 (4%)	$897	303 (7%)	$3,374	2,822 (65%)	$8,743
2015-16	1,095 (23%)	$3,812	251 (5%)	$988	91 (2%)	$3,673	3,643 (75%)	$8,936
2016-17	1,174 (22%)	$3,734	269 (5%)	$904	109 (2%)	$4,860	3,981 (76%)	$7,366
2017-18	945 (20%)	$4,224	251 (5%)	$1,029	42 (1%)	$4,015	3,534 (75%)	$7,565
2018-19	936 (20%)	$4,329	288 (6%)	$985	66 (1%)	$4,544	2,684 (57%)	$9,338
2019-20	929 (19%)	$4,540	957 (19%)	$1,688	44 (1%)	$4,729	3,050 (62%)	$10,311
2020-21	809 (18%)	$4,806	1,113 (25%)	$1,431	317 (7%)	$1,549	2,867 (64%)	$10,037
2021-22	801 (18%)	$4,818	1,568 (35%)	$2,560	40 (1%)	$5,416	3,296 (73%)	$8,640
Average	935 (20.00%)	$4,280	562 (12.00%)	$1,277	128 (2.78%)	$4,045	3,155 (67.33%)	$8,808

^*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, 2,169 (46.44 % of students) get any students loan help and its average loan amount is $2,169.

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	1,952 (46%)	$7,104	1,927 (45%)	$5,608	237 (6%)	$12,915
2014-15	2,037 (47%)	$7,106	2,012 (46%)	$5,702	238 (5%)	$12,615
2015-16	2,235 (46%)	$7,238	2,217 (46%)	$5,507	306 (6%)	$12,963
2016-17	2,497 (48%)	$7,174	2,471 (47%)	$5,615	339 (6%)	$11,915
2017-18	2,231 (47%)	$7,373	2,216 (47%)	$5,308	349 (7%)	$13,434
2018-19	2,196 (46%)	$7,963	2,165 (46%)	$5,318	422 (9%)	$14,154
2019-20	2,304 (47%)	$9,031	2,265 (46%)	$5,396	567 (12%)	$15,143
2020-21	1,998 (45%)	$9,106	1,970 (44%)	$5,282	465 (10%)	$16,747
2021-22	2,072 (46%)	$8,853	2,042 (45%)	$5,383	435 (10%)	$16,897
Average	2,169 (46.44%)	$7,883	2,143 (45.78%)	$5,458	373 (7.89%)	$14,087

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Scholarships, Grants, and Loan Trends at UI

All Undergraduate Students Financial Aid Over Time

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