by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What amount of IU Northwest financial assistance will actually be available to you?Get answers to your questions here.
Indiana University - Northwest average financial aid offer for freshmen students is $7,740.00. 87% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Indiana University - Northwest you may end up taking on.
In addition to scholarships, 59% of freshman students (372 total) obtained federal grant aid, averaging $4,950.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
59% of first years at Indiana University - Northwest (372 total) obtained a federal grant, averaging $4,950.00.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.55% | $10,340.00 |
| Income 30k-48k | 13.25% | $9,520.00 |
| Income 48k-75k | 9.94% | $5,169.00 |
| Income 75k-110k | 3.79% | $1,191.00 |
| Income 110k + | 3.47% | $1,023.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 634 undergraduate students at Indiana University - Northwest around 87% (460 total) receive some form of grant aid. The typical amount awarded was $7,740.00.
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.