Indiana University East Financial Aid and Scholarships
Students Receiving Aid
57%
Total Aid Amount
$12.621M
Financial Aid Official Website
www.iue.edu/finaid/
Among them are scholarship programs such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Birds Eye Foods (Brooks Foods) Scholarship, and Blackford Agriculture Scholarship. Notably, 92% of the students at Indiana University-East get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,761,530. More information regarding the financial assistance schemes can be accessed on IUE’s official financial aid page at http://www.iue.edu/finaid/. At IUE, the total percentage of applicants who receive the Federal Grant stands at 57%. On the other hand, 81% of the candidates get the Student Grant, 45% receive the Institution Grant, and 57% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,909, the State Grant receivers and Institution Grant beneficiaries get $5,805 and $3,587, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,326. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Indiana University-East, the percentage of candidates who opt to avail of student loans is around 43%.
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