Over the past 6 years (2017-2022), the average number of students who received grants aid/scholarships is 3,132, which is 75.00 % of all undergraduate students. 3,176 students which is 75.40% of undergraduate students received federal student loans and the average loan amount is $6,588.

For full-time, first-time beginning students (freshmen), 78.60% of students received grants or scholarships and 72% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Indiana Institute of Technology-College of Professional Studies since 2017.

For that period, the average number of students who received grants aid/scholarships is 3,132, which is 75.00 % of all undergraduate students. 3,176 students which is 75.40% of undergraduate students received federal student loans and the average loan amount is $6,588.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-184,210 (85%)$5,5403,799 (77%)$3,8254,326 (88%)$7,019
2018-193,501 (74%)$5,0992,985 (63%)$3,7393,649 (77%)$6,766
2019-202,738 (66%)$5,3522,447 (59%)$3,8363,118 (75%)$6,824
2020-212,837 (74%)$5,0242,175 (57%)$3,7832,763 (72%)$6,416
2021-222,374 (76%)$4,6491,733 (56%)$3,4952,026 (65%)$5,913
Average3,132 (75.00%)$5,1332,628 (62.40%)$3,7363,176 (75.40%)$6,588
*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.

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

For the last 6 years, on average, 160 (78.60 % of students) received grants or scholarships and its average amount is $5,508. It can cover 55.63% of tuition & fees ($9,900).

In addition, 148 (71.60 % of students) students get helped from the students loans (average amount : $6,438).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-18254 (91%)$6,331253 (91%)$7,508
2018-19133 (38%)$5,973133 (38%)$7,158
2019-20113 (87%)$5,187120 (92%)$6,689
2020-21160 (90%)$4,328148 (83%)$4,914
2021-22142 (87%)$5,71988 (54%)$5,921
Average160 (78.60%)$5,508148 (71.60%)$6,438
*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.

The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 145 (70.80 % of students) received Pell (federal) grants and its average amount is $4,173.

In addition, 51 students received State/local government grants/scholarships (25.40 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2017-18243 (87%)$4,860--71 (25%)$5,7406 (2%)$3,232
2018-19127 (37%)$4,921--31 (9%)$5,4341 (0%)$1,000
2019-20113 (87%)$4,034--20 (15%)$6,1883 (2%)$2,171
2020-21128 (72%)$3,4831 (1%)$83761 (34%)$2,86834 (19%)$2,084
2021-22116 (71%)$3,5666 (4%)$28872 (44%)$5,01118 (11%)$2,000
Average145 (70.80%)$4,1734 (2.50%)$56351 (25.40%)$5,04812 (8.50%)$2,097
*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.

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 6 years, on average, 148 (71.60 % of students) get any students loan help and its average loan amount is $148.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2017-18253 (91%)$7,508251 (90%)$7,4593 (1%)$9,088
2018-19133 (38%)$7,158133 (38%)$7,158--
2019-20120 (92%)$6,689120 (92%)$6,689--
2020-21148 (83%)$4,914148 (83%)$4,914--
2021-2288 (54%)$5,92188 (54%)$5,921--
Average148 (71.60%)$6,438148 (71.40%)$6,4283 (1.00%)$9,088

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