Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 228, which is 75.00 % of all undergraduate students. 269 students which is 88.56% of undergraduate students received federal student loans and the average loan amount is $5,743.

For full-time, first-time beginning students (freshmen), 78.78% of students received grants or scholarships and 92% 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 International Business College-Indianapolis since 2013.

For that period, the average number of students who received grants aid/scholarships is 228, which is 75.00 % of all undergraduate students. 269 students which is 88.56% of undergraduate students received federal student loans and the average loan amount is $5,743.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14305 (77%)$5,954286 (72%)$3,909373 (94%)$6,292
2014-15291 (82%)$6,653247 (70%)$3,862299 (85%)$5,499
2015-16225 (74%)$6,604204 (67%)$4,039275 (90%)$5,780
2016-17200 (70%)$6,446177 (62%)$4,032264 (92%)$5,734
2017-18241 (76%)$6,764205 (64%)$4,258291 (92%)$5,624
2018-19204 (71%)$10,224176 (62%)$4,127245 (86%)$7,290
2019-20221 (76%)$7,648203 (70%)$4,444255 (88%)$5,150
2020-21194 (72%)$7,596168 (63%)$4,355231 (86%)$5,137
2021-22173 (77%)$9,318128 (57%)$4,857189 (84%)$5,184
Average228 (75.00%)$7,467199 (65.22%)$4,209269 (88.56%)$5,743
*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, 85 (78.78 % of students) received grants or scholarships and its average amount is $8,274. It can cover 50.20% of tuition & fees ($16,480).

In addition, 101 (91.89 % of students) students get helped from the students loans (average amount : $7,340).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14122 (81%)$7,562140 (93%)$8,336
2014-1588 (83%)$7,23598 (92%)$7,153
2015-1686 (79%)$7,51399 (91%)$7,105
2016-1788 (77%)$7,443111 (97%)$6,887
2017-1894 (70%)$7,954124 (92%)$7,535
2018-1978 (76%)$7,95394 (91%)$7,089
2019-2090 (80%)$8,399103 (91%)$7,414
2020-2171 (75%)$9,25985 (89%)$7,399
2021-2250 (88%)$11,14652 (91%)$7,144
Average85 (78.78%)$8,274101 (91.89%)$7,340
*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, 79 (71.78 % of students) received Pell (federal) grants and its average amount is $5,204.

In addition, 66 students received State/local government grants/scholarships (60.56 % 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
2013-14118 (78%)$4,865119 (79%)$35698 (65%)$2,89711 (7%)$2,025
2014-1580 (75%)$4,80680 (75%)$76659 (56%)$3,0018 (8%)$1,740
2015-1681 (74%)$4,85381 (74%)$13568 (62%)$3,5174 (4%)$750
2016-1781 (70%)$5,11381 (70%)$17667 (58%)$3,25510 (9%)$850
2017-1891 (67%)$5,19491 (67%)$17473 (54%)$3,4687 (5%)$857
2018-1970 (68%)$5,23670 (68%)$20460 (58%)$3,85113 (13%)$654
2019-2084 (74%)$5,19884 (74%)$24574 (65%)$3,78310 (9%)$1,871
2020-2165 (68%)$5,67971 (75%)$1,12357 (60%)$3,658--
2021-2241 (72%)$5,89450 (88%)$3,45838 (67%)$3,6832 (4%)$1,385
Average79 (71.78%)$5,20481 (74.44%)$73766 (60.56%)$3,4578 (7.38%)$1,267
*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, 101 (91.89 % of students) get any students loan help and its average loan amount is $101.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14140 (93%)$8,336140 (93%)$7,8328 (5%)$8,820
2014-1598 (92%)$7,15398 (92%)$6,8974 (4%)$6,279
2015-1699 (91%)$7,10599 (91%)$6,6714 (4%)$10,745
2016-17111 (97%)$6,887110 (96%)$6,6593 (3%)$10,658
2017-18124 (92%)$7,535124 (92%)$6,6678 (6%)$13,456
2018-1994 (91%)$7,08994 (91%)$6,2307 (7%)$11,535
2019-20103 (91%)$7,414102 (90%)$5,90914 (12%)$11,496
2020-2185 (89%)$7,39985 (89%)$5,84910 (11%)$13,174
2021-2252 (91%)$7,14452 (91%)$6,3293 (5%)$14,131
Average101 (91.89%)$7,340100 (91.67%)$6,5607 (6.33%)$11,144

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