Avg. Federal Grant
Avg. Federal Loan
Total Aid Awarded
Students Receiving Aid
Percent of Students Receiving Financial Aid.
Total Aid Amount
Average Total Aid Awarded per year.
Financial Aid Official Website
Paying for college has been made easier for the students through the agency of financial aids. These financial aids include Scholarships, work-study, Grants, and so on. 64% undergraduates were at the receiving end of grant or scholarship aid in 2018-2019. Most types of aids are need-based.
Scholarships, also known as gift aids, do not have to be paid back and are awarded on the basis of academic achievement or financial need.
Grants are also known as gift aids and need not be repaid.
Student loans, unlike Scholarships and grants, are not gift aids and need to be repaid by the students with a certain amount of interest.
Work Study is another form of financial aid which is earned through part-time jobs on or near campus and helps the students in managing the cost of tuition.
Students have to apply for financial aid by using the FAFSA or the Free Application for Federal Student Aid.
Student Receiving Aid
Federal Grant Aid
State Grant Aid
Institution Grant Aid
Average Aid Awarded
Financial Aid Breakdown refers to the breakdown of different forms of financial aids or grants. The Institutional Grant Aid Percentage is the highest at 59% and the average Financial Grant aid is $8375. The percentages of Federal Grant Aid and Pell Grant Aid are the same at 19%. Meanwhile, the state Grant Aid Percentage is 18%. The average State Grant Aid awarded is $8071.
Average Federal Aid Per Year
$30,001 - $48,000
$48,001 - $75,000
$75,001 - $110,000
Average Federal Aid received may differ based on family income. The average federal aid awarded for an income anywhere between $0 and $30K is $19286. The average federal aid decreases with an increase in the income. For instance, the average federal aid amount for income over $110K is $2999.
Average Loan Amount
Average Loan Amount received per year.
Students Taking Out Loans
Loan Default Rate
West Lafayette, Indiana
Terre Haute, Indiana