Indiana University Bloomington Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Indiana University Bloomington Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$233.963M

Financial Aid Official Website

https://admissions.indiana.edu/cost-financial-aid/

INDIANA UNIVERSITY BLOOMINGTON FINANCIAL AID

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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

19%

State Grant Aid

18%

Institution Grant Aid

59%

Pell Grant

19%

Average Aid Awarded

Federal Grant Aid

$4,943

State Grant Aid

$8,071

Institution Grant Aid

$8,375

Pell Grant

$4,683

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.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$19,286

$30,001 - $48,000

$18,084

$48,001 - $75,000

$12,244

$75,001 - $110,000

$4,244

Over $110,000

$2,999

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.

Other Colleges In Indiana

Ball State University

Located in Muncie, IN, Ball State University is a public university. The university covers an area of 1,140 acres. Ball State University was founded in the year 1918. Ball State University believes in imparting education and contributing to society by focusing on innovation, research, education, an

Muncie, Indiana 4 years Public

Valparaiso University

#N/A

Valparaiso, Indiana 4 years Private Not-For-Profit

Vincennes University

#N/A

Vincennes, Indiana 4 years Public

Other Public Colleges

Northern Arizona University (NAU)

As of last year's fall semester, 31,066 students were enrolled, in which 27,072 were undergraduate students at the Flagstaff campus. NAU also participates in the Western Undergraduate Exchange Program, which offers lower tuition rates for students from the Western United States.

Flagstaff, Arizona 4 years Public

Metropolitan Community College (MCCKC)

Online Education at MCC

Most of the students at the college opt for online courses as these courses have the flexibility to provide a learning enviro

Kansas City, Missouri 2 years Public

Minot State University (MSU)

There is a public university in Minot, North Dakota called Minot State University. Minot State University is home to an ethnically diverse student body. At MSU around 69% are white, 10% are Non-resident alien, and 8% belong to Hispanic ethnicity. Further, around 76% of the students are 24 and under.

Minot, North Dakota 4 years Public