by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from IU East.
Indiana University - East average financial aid offer for freshmen students is $7,658.00. 93% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Indiana University - East.
As well as scholarships, 57% of freshmen (238 total) received a federal grant, for about $5,054.00 a person.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
57% of first years at Indiana University - East (238 total) were awarded a federal grant, averaging $5,054.00.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 24.22% | $10,628.00 |
| Income 30k-48k | 13.43% | $9,313.00 |
| Income 48k-75k | 12.47% | $5,189.00 |
| Income 75k-110k | 4.32% | $946.00 |
| Income 110k + | 2.40% | $600.00 |
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.
Of the 417 undergraduate students at Indiana University - East around 93% (327 total) receive some form of grant aid. The typical amount awarded was $7,658.00.
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.