20,513 students (79% of total 25,808 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Iowa State University (ISU). The average amount of the aid awarded is $9,461.

For the first-time, full-time beginning students (freshmen), 89% of total 5,336 enrolled students have received any kind of financial aid and its average amount of aid received is $11,043.


All Undergraduate Financial Aid

At Iowa State University, 20,513 undergraduate students (79% of total 25,808 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,461.

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 Scholarship20,51379% $194,077,387$9,461
Pell Grants4,94119% $23,843,275$4,826
Federal Student Loan12,02947% $73,015,700$6,070

Beginning Undergraduate Students (Freshmen) Financial Aid

4,756 beginning undergraduate students (89% of total 5,336 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Iowa State University. The average amount of aid received is $11,043.

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 Aid4,75689% --
Grants or Scholarships4,24580%$46,876,441$11,043
Federal Grants2,28143%$10,393,266$4,556
Pell Grants1,02219%$4,889,129$4,784
Other Federal Grants2,26242%$5,504,137$2,433
State/Local Grants381%$166,298$4,376
Institutional Grants3,87373%$36,316,877$9,377
Student Loan Aid2,49847%$19,034,240$7,620
Federal Student Loans2,44846%$12,645,421$5,166
Other Student Loans54210%$6,388,819$11,787

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 Iowa 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 level1,6501,333$10,622,033$6,438
0-30,000209209$3,009,591$14,400
30,001-48,000170170$2,159,407$12,702
48,001-75,000286285$2,811,378$9,830
75,001-110,000302282$1,410,194$4,670
110,001 or more683387$1,231,463$1,803

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