by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$6,330.00 is the typical Indian River State College’s first year financial aid package. 69% of reshman students get financial aid, most of which is in the form of grants and scholarships
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Indian River State College you may end up taking on.
As well as scholarships, 63% of freshmen (876 total) obtained a federal grant, for about $4,824.00 a piece.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
63% of first years at Indian River State College (876 total) were awarded a federal grant, averaging $4,824.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.05% | $7,580.00 |
| Income 30k-48k | 11.99% | $6,671.00 |
| Income 48k-75k | 7.92% | $4,755.00 |
| Income 75k-110k | 0.71% | $1,439.00 |
| Income 110k + | 0.43% | $314.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
949 Indian River State College undergrads obtain grant aid (this is about 69% of the entire undergraduate student population). The average amount these students receive is $6,330.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.