12,922 students (87% of total 14,898 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Ball State University (BSU). The average amount of the aid awarded is $10,706.

For the first-time, full-time beginning students (freshmen), 98% of total 3,248 enrolled students have received any kind of financial aid and its average amount of aid received is $11,418.


All Undergraduate Financial Aid

At Ball State University, 12,922 undergraduate students (87% of total 14,898 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,706.

Financial Aid Statistics (All Undergraduate Students) - BSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship12,92287% $138,343,715$10,706
Pell Grants5,00034% $27,008,053$5,402
Federal Student Loan11,21175% $78,021,092$6,959

Beginning Undergraduate Students (Freshmen) Financial Aid

3,185 beginning undergraduate students (98% of total 3,248 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Ball State University. The average amount of aid received is $11,418.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - BSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid3,18598% --
Grants or Scholarships3,16097%$36,080,474$11,418
Federal Grants3,08295%$12,108,185$3,929
Pell Grants1,36342%$7,372,956$5,409
Other Federal Grants3,05094%$4,735,229$1,553
State/Local Grants1,29740%$9,650,856$7,441
Institutional Grants1,87258%$14,321,433$7,650
Student Loan Aid2,96591%$20,477,490$6,906
Federal Student Loans2,95891%$15,974,763$5,401
Other Student Loans31910%$4,502,727$14,115

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2021-2022 at Ball State University.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,7732,121$25,119,503$9,059
0-30,000601600$10,162,641$16,910
30,001-48,000381379$5,526,673$14,506
48,001-75,000439415$4,370,024$9,954
75,001-110,000507336$2,467,851$4,868
110,001 or more845391$2,592,314$3,068

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