by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Interested in understanding the financial aid resources available at IUPUI and your eligibility? Find the answers you seek below.
Indiana University - Purdue University - Indianapolis average financial aid offer for freshmen students is $8,785.00. 92% of reshman students get financial aid, most of which is in the form of grants and scholarships
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Indiana University - Purdue University - Indianapolis.
In addition to scholarships, 70% of first years (2934 total) were awarded federal grant aid, averaging $4,710.00 each.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
70% of first-year students at Indiana University - Purdue University - Indianapolis (2934 total) got a federal grant, averaging $4,710.00.
Amount of Financial Assistance Per Income Level
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.76% | $14,101.00 |
| Income 30k-48k | 11.56% | $12,911.00 |
| Income 48k-75k | 12.09% | $7,821.00 |
| Income 75k-110k | 8.14% | $3,283.00 |
| Income 110k + | 7.35% | $2,019.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
92% of the 4178 undergraduates at Indiana University - Purdue University - Indianapolis receive some sort of grant aid. This is a total of about 3647 students getting an average of $8,785.00 per person.
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.