How USI'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 Southern Indiana since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,634, which is 63.44 % of all undergraduate students. 3,710 students which is 41.44% of undergraduate students received federal student loans and the average loan amount is $5,955.

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	6,588 (74%)	$9,508	2,874 (32%)	$3,851	4,684 (53%)	$6,123
2014-15	6,329 (75%)	$9,621	2,803 (33%)	$3,947	4,411 (52%)	$6,007
2015-16	6,151 (70%)	$9,949	2,624 (30%)	$4,031	4,152 (47%)	$5,992
2016-17	5,335 (56%)	$7,330	2,522 (26%)	$4,026	3,998 (42%)	$5,986
2017-18	4,998 (52%)	$7,177	2,562 (26%)	$4,355	3,909 (40%)	$5,912
2018-19	5,090 (53%)	$7,545	2,531 (27%)	$4,414	3,659 (38%)	$5,927
2019-20	6,051 (66%)	$6,668	2,286 (25%)	$4,493	3,378 (37%)	$6,016
2020-21	4,975 (59%)	$7,655	2,023 (24%)	$4,476	2,840 (34%)	$5,809
2021-22	5,193 (66%)	$7,732	1,809 (23%)	$4,649	2,358 (30%)	$5,823
Average	5,634 (63.44%)	$8,132	2,448 (27.33%)	$4,249	3,710 (41.44%)	$5,955

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

Overview

For the last 10 years, on average, 1,251 (80.89 % of students) received grants or scholarships and its average amount is $7,018. It can cover 31.82% of tuition & fees ($22,058) based on out-of-state rate.

In addition, 865 (55.00 % of students) students get helped from the students loans (average amount : $6,365).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,078 (64%)	$6,074	1,009 (60%)	$7,147
2014-15	1,078 (68%)	$6,363	963 (61%)	$6,827
2015-16	1,162 (70%)	$6,590	957 (58%)	$7,213
2016-17	1,377 (83%)	$6,617	978 (59%)	$5,804
2017-18	1,389 (82%)	$7,377	982 (58%)	$5,722
2018-19	1,364 (84%)	$7,404	911 (56%)	$6,124
2019-20	1,478 (95%)	$6,800	829 (53%)	$6,230
2020-21	1,053 (84%)	$8,014	609 (48%)	$6,341
2021-22	1,278 (98%)	$7,927	549 (42%)	$5,875
Average	1,251 (80.89%)	$7,018	865 (55.00%)	$6,365

^*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, 566 (36.00 % of students) received Pell (federal) grants and its average amount is $4,394.

In addition, 514 students received State/local government grants/scholarships (33.00 % 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	595 (35%)	$4,156	49 (3%)	$919	514 (30%)	$4,538	697 (41%)	$2,435
2014-15	616 (39%)	$4,070	91 (6%)	$810	504 (32%)	$4,674	656 (41%)	$2,930
2015-16	600 (36%)	$4,192	67 (4%)	$910	594 (36%)	$4,930	754 (45%)	$2,855
2016-17	613 (37%)	$4,123	77 (5%)	$909	551 (33%)	$4,923	1,038 (62%)	$3,662
2017-18	646 (38%)	$4,597	38 (2%)	$1,414	592 (35%)	$5,511	1,050 (62%)	$3,772
2018-19	602 (37%)	$4,464	66 (4%)	$1,374	554 (34%)	$5,543	1,030 (63%)	$4,127
2019-20	576 (37%)	$4,617	1,283 (82%)	$702	508 (33%)	$5,555	1,000 (64%)	$3,668
2020-21	421 (33%)	$4,543	587 (47%)	$1,687	397 (32%)	$5,610	825 (66%)	$4,011
2021-22	421 (32%)	$4,783	861 (66%)	$1,905	412 (32%)	$5,457	1,192 (91%)	$3,548
Average	566 (36.00%)	$4,394	347 (24.33%)	$1,181	514 (33.00%)	$5,193	916 (59.44%)	$3,445

^*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, 865 (55.00 % of students) get any students loan help and its average loan amount is $865.

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	1,009 (60%)	$7,147	999 (59%)	$6,434	91 (5%)	$8,617
2014-15	963 (61%)	$6,827	953 (60%)	$6,108	89 (6%)	$8,470
2015-16	957 (58%)	$7,213	945 (57%)	$6,301	106 (6%)	$8,952
2016-17	978 (59%)	$5,804	968 (58%)	$5,048	92 (6%)	$8,586
2017-18	982 (58%)	$5,722	969 (57%)	$4,899	92 (5%)	$9,478
2018-19	911 (56%)	$6,124	896 (55%)	$4,939	131 (8%)	$8,807
2019-20	829 (53%)	$6,230	815 (52%)	$5,108	104 (7%)	$9,630
2020-21	609 (48%)	$6,341	591 (47%)	$4,839	104 (8%)	$9,630
2021-22	549 (42%)	$5,875	530 (41%)	$4,851	70 (5%)	$9,352
Average	865 (55.00%)	$6,365	852 (54.00%)	$5,392	98 (6.22%)	$9,058

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Scholarships, Grants, and Loan Trends at USI

All Undergraduate Students Financial Aid Over Time

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