Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,446, which is 63.89 % of all undergraduate students. 2,236 students which is 39.89% of undergraduate students received federal student loans and the average loan amount is $6,329.

For full-time, first-time beginning students (freshmen), 79.56% of students received grants or scholarships and 42% 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 University-South Bend since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,446, which is 63.89 % of all undergraduate students. 2,236 students which is 39.89% of undergraduate students received federal student loans and the average loan amount is $6,329.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,601 (48%)$5,6822,537 (34%)$4,2212,875 (38%)$6,998
2014-153,670 (50%)$5,6122,446 (34%)$4,3152,689 (37%)$6,958
2015-163,821 (54%)$5,6882,397 (34%)$4,3282,671 (38%)$6,642
2016-173,500 (53%)$6,2682,167 (33%)$4,3462,514 (38%)$6,351
2017-183,154 (65%)$7,4922,148 (44%)$4,4962,272 (47%)$6,205
2018-193,111 (66%)$7,1312,073 (44%)$4,4232,107 (45%)$5,973
2019-203,551 (78%)$6,3781,870 (41%)$4,2971,978 (43%)$5,875
2020-213,333 (76%)$6,3521,719 (39%)$4,2771,620 (37%)$5,881
2021-223,270 (85%)$7,2311,591 (41%)$4,2841,401 (36%)$6,074
Average3,446 (63.89%)$6,4262,105 (38.22%)$4,3322,236 (39.89%)$6,329
*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 10 years, on average, 642 (79.56 % of students) received grants or scholarships and its average amount is $7,221. It can cover 32.76% of tuition & fees ($22,043) based on out-of-state rate.

In addition, 349 (42.33 % of students) students get helped from the students loans (average amount : $5,058).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14601 (72%)$6,310421 (50%)$5,000
2014-15621 (72%)$7,191406 (47%)$5,194
2015-16630 (75%)$6,995394 (47%)$5,069
2016-17611 (71%)$7,270407 (47%)$5,222
2017-18697 (76%)$8,147421 (46%)$5,220
2018-19709 (82%)$7,624362 (42%)$5,079
2019-20722 (91%)$7,123302 (38%)$5,007
2020-21610 (82%)$6,505245 (33%)$4,898
2021-22578 (95%)$7,821187 (31%)$4,831
Average642 (79.56%)$7,221349 (42.33%)$5,058
*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 10 years, on average, 398 (48.56 % of students) received Pell (federal) grants and its average amount is $4,603.

In addition, 355 students received State/local government grants/scholarships (43.44 % 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
2013-14413 (49%)$4,447166 (20%)$200340 (41%)$4,247335 (40%)$1,429
2014-15445 (51%)$4,667139 (16%)$201373 (43%)$4,811332 (38%)$1,705
2015-16393 (47%)$4,624127 (15%)$218380 (45%)$5,077362 (43%)$1,748
2016-17399 (46%)$4,598122 (14%)$198352 (41%)$5,260330 (38%)$2,216
2017-18470 (51%)$4,801170 (19%)$208438 (48%)$5,704364 (40%)$2,441
2018-19448 (52%)$4,97135 (4%)$200389 (45%)$5,487487 (56%)$2,129
2019-20384 (48%)$4,598623 (78%)$1,008366 (46%)$5,212389 (49%)$2,163
2020-21330 (45%)$4,382508 (69%)$754297 (40%)$4,892316 (43%)$2,171
2021-22296 (48%)$4,338551 (90%)$2,153258 (42%)$4,971282 (46%)$2,722
Average398 (48.56%)$4,603271 (36.11%)$571355 (43.44%)$5,073355 (43.67%)$2,080
*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 10 years, on average, 349 (42.33 % of students) get any students loan help and its average loan amount is $349.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14421 (50%)$5,000421 (50%)$4,8898 (1%)$5,859
2014-15406 (47%)$5,194405 (47%)$5,0088 (1%)$10,044
2015-16394 (47%)$5,069394 (47%)$4,9387 (1%)$7,390
2016-17407 (47%)$5,222406 (47%)$5,02810 (1%)$8,371
2017-18421 (46%)$5,220417 (46%)$4,91621 (2%)$7,038
2018-19362 (42%)$5,079362 (42%)$4,9466 (1%)$7,981
2019-20302 (38%)$5,007301 (38%)$4,74010 (1%)$8,513
2020-21245 (33%)$4,898244 (33%)$4,5907 (1%)$11,426
2021-22187 (31%)$4,831187 (31%)$4,5109 (1%)$6,670
Average349 (42.33%)$5,058349 (42.33%)$4,84110 (1.11%)$8,144

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