by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Discover the financial aid possibilities at Ivy Tech Community College and learn what assistance you might qualify for by continuing to read.
$5,733.00 is the typical Ivy Tech Community College’s first year financial aid package. 74% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Ivy Tech Community College you could end up dealing with.
In addition to scholarships, 55% of first years (3594 total) were awarded federal grant aid, averaging $4,360.00 each.
The numbers and the chart below reference predominantly federal grants, as well as some local and state grants.
55% of first years at Ivy Tech Community College (3594 total) were awarded a federal grant, averaging $4,360.00.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 31.74% | $6,936.00 |
| Income 30k-48k | 12.88% | $6,329.00 |
| Income 48k-75k | 8.89% | $3,744.00 |
| Income 75k-110k | 1.15% | $1,026.00 |
| Income 110k + | 0.88% | $544.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
4255 Ivy Tech Community College undergrads obtain grant aid (this is about 74% of the entire undergraduate student population). The average amount these students receive is $5,733.00.Most of them are distributed as 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.