$4,942

Avg. Federal Grant

$5,361

Avg. Federal Loan

$17,579,228

Total Aid Awarded

Indiana University Southeast Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$17.579M

Financial Aid Official Website

https://ius.edu/FinancialAid/

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. As many as 83% of the students at IUS get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,835,685 in a year. More information regarding the financial assistance schemes can be accessed on IUS’s official financial aid page at https://ius.edu/FinancialAid/. At IUS, the total percentage of applicants who receive the Federal Grant stands at 48%. On the other hand, 64% of the candidates get the Student Grant, 20% receive the Institution Grant, and 48% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,916, while the same comes to $5,525 for State Grant receivers and $2,611 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,335. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Indiana University-Southeast, the percentage of candidates who opt to avail of student loans is around 41%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

35%

Institution Grant Aid

24%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,942

State Grant Aid

$5,579

Institution Grant Aid

$1,984

Pell Grant

$4,838

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,876

$30,001 - $48,000

$8,516

$48,001 - $75,000

$5,131

$75,001 - $110,000

$1,185

Over $110,000

$843

Student Loans for Indiana University Southeast

Average Loan Amount Average Loan Amount received per year.

$5,547/Year

Students Taking Out Loans

44%

Loan Default Rate

7.3%

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#N/A

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