Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 14,726, which is 63.67 % of all undergraduate students. 9,796 students which is 42.56% of undergraduate students received federal student loans and the average loan amount is $6,621.

For full-time, first-time beginning students (freshmen), 76.22% of students received grants or scholarships and 46% 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 University of Iowa since 2013.

For that period, the average number of students who received grants aid/scholarships is 14,726, which is 63.67 % of all undergraduate students. 9,796 students which is 42.56% of undergraduate students received federal student loans and the average loan amount is $6,621.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1412,585 (57%)$8,2114,138 (19%)$3,92910,006 (46%)$6,763
2014-1513,064 (58%)$8,4284,287 (19%)$3,9999,800 (44%)$6,774
2015-1614,055 (60%)$8,8004,388 (19%)$4,1199,768 (42%)$6,620
2016-1715,456 (63%)$8,5494,544 (19%)$4,15210,188 (42%)$6,615
2017-1816,469 (67%)$8,3854,812 (20%)$4,32310,436 (43%)$6,737
2018-1915,482 (65%)$8,7234,871 (20%)$4,34610,241 (43%)$6,515
2019-2015,896 (68%)$8,7784,568 (19%)$4,3759,821 (42%)$6,552
2020-2114,421 (65%)$9,5284,207 (19%)$4,5949,165 (41%)$6,468
2021-2215,105 (70%)$10,0584,036 (19%)$4,7308,742 (40%)$6,547
Average14,726 (63.67%)$8,8294,428 (19.22%)$4,2859,796 (42.56%)$6,621
*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, 3,562 (76.22 % of students) received grants or scholarships and its average amount is $9,293. It can cover 28.22% of tuition & fees ($32,927) based on out-of-state rate.

In addition, 2,169 (46.44 % of students) students get helped from the students loans (average amount : $7,883).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,098 (73%)$8,1161,952 (46%)$7,104
2014-153,359 (77%)$8,8162,037 (47%)$7,106
2015-163,927 (81%)$9,5012,235 (46%)$7,238
2016-174,286 (82%)$8,0452,497 (48%)$7,174
2017-183,978 (84%)$7,8322,231 (47%)$7,373
2018-193,045 (64%)$9,7542,196 (46%)$7,963
2019-203,533 (72%)$10,6112,304 (47%)$9,031
2020-213,157 (71%)$11,0071,998 (45%)$9,106
2021-223,672 (82%)$9,9592,072 (46%)$8,853
Average3,562 (76.22%)$9,2932,169 (46.44%)$7,883
*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, 935 (20.00 % of students) received Pell (federal) grants and its average amount is $4,280.

In addition, 128 students received State/local government grants/scholarships (2.78 % 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
2013-14814 (19%)$4,133192 (4%)$1,007140 (3%)$4,2422,519 (59%)$8,333
2014-15915 (21%)$4,122165 (4%)$897303 (7%)$3,3742,822 (65%)$8,743
2015-161,095 (23%)$3,812251 (5%)$98891 (2%)$3,6733,643 (75%)$8,936
2016-171,174 (22%)$3,734269 (5%)$904109 (2%)$4,8603,981 (76%)$7,366
2017-18945 (20%)$4,224251 (5%)$1,02942 (1%)$4,0153,534 (75%)$7,565
2018-19936 (20%)$4,329288 (6%)$98566 (1%)$4,5442,684 (57%)$9,338
2019-20929 (19%)$4,540957 (19%)$1,68844 (1%)$4,7293,050 (62%)$10,311
2020-21809 (18%)$4,8061,113 (25%)$1,431317 (7%)$1,5492,867 (64%)$10,037
2021-22801 (18%)$4,8181,568 (35%)$2,56040 (1%)$5,4163,296 (73%)$8,640
Average935 (20.00%)$4,280562 (12.00%)$1,277128 (2.78%)$4,0453,155 (67.33%)$8,808
*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, 2,169 (46.44 % of students) get any students loan help and its average loan amount is $2,169.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,952 (46%)$7,1041,927 (45%)$5,608237 (6%)$12,915
2014-152,037 (47%)$7,1062,012 (46%)$5,702238 (5%)$12,615
2015-162,235 (46%)$7,2382,217 (46%)$5,507306 (6%)$12,963
2016-172,497 (48%)$7,1742,471 (47%)$5,615339 (6%)$11,915
2017-182,231 (47%)$7,3732,216 (47%)$5,308349 (7%)$13,434
2018-192,196 (46%)$7,9632,165 (46%)$5,318422 (9%)$14,154
2019-202,304 (47%)$9,0312,265 (46%)$5,396567 (12%)$15,143
2020-211,998 (45%)$9,1061,970 (44%)$5,282465 (10%)$16,747
2021-222,072 (46%)$8,8532,042 (45%)$5,383435 (10%)$16,897
Average2,169 (46.44%)$7,8832,143 (45.78%)$5,458373 (7.89%)$14,087

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