7,112 students (92% of total 7,704 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana State University (ISU). The average amount of the aid awarded is $8,858.

For the first-time, full-time beginning students (freshmen), 97% of total 1,420 enrolled students have received any kind of financial aid and its average amount of aid received is $10,802.


All Undergraduate Financial Aid

At Indiana State University, 7,112 undergraduate students (92% of total 7,704 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,858.

Financial Aid Statistics (All Undergraduate Students) - ISU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship7,11292% $63,000,880$8,858
Pell Grants2,91338% $13,307,669$4,568
Federal Student Loan4,08353% $25,699,221$6,294

Beginning Undergraduate Students (Freshmen) Financial Aid

1,380 beginning undergraduate students (97% of total 1,420 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Indiana State University. The average amount of aid received is $10,802.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - ISU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,38097% --
Grants or Scholarships1,36896%$14,777,074$10,802
Federal Grants1,33294%$5,532,460$4,153
Pell Grants66447%$3,135,666$4,722
Other Federal Grants1,29391%$2,396,794$1,854
State/Local Grants60042%$3,848,675$6,414
Institutional Grants1,06775%$5,395,939$5,057
Student Loan Aid79356%$4,937,299$6,226
Federal Student Loans78255%$3,723,626$4,762
Other Student Loans1007%$1,213,673$12,137

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 Indiana 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 level866788$8,568,930$9,895
0-30,000267267$3,842,920$14,393
30,001-48,000180180$2,454,943$13,639
48,001-75,000140134$1,186,508$8,475
75,001-110,000130109$605,367$4,657
110,001 or more14998$479,192$3,216

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