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Indiana University-East Financial Aid & Debt Outcomes

89% Freshmen Get Financial Aid
$6,982 Average Grant & Scholarship
57% Undergrads Get Grant Aid

A large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Indiana University-East can sound tremendous, but do not forget that almost all students get some type of financial help.

Just what financial aid solutions can IU East provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn just how much financial aid will be open to you.

Importance of IU East Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Indiana University-East.

Average Freshman Financial Aid at Indiana University-East

Financial 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For freshmen starting at Indiana University-East, 89% of the incoming full-time class was awarded financial aid roughly 273 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$8,096
Institutional grants & scholarships57%$2,737
Federal Pell grants52%$5,274
State/local grants38%$6,239
Federal student loans28%$4,662

Free Money: Grants and Scholarships at Indiana University-East

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 57% of the undergraduate population received grant aid that averaged $6,982 (across approximately 1576 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$6,982
Federal Pell grants35%$4,895
Federal student loans34%$6,757

For on-campus title-IV students, average grant aid came to $8,820.

Aid by Income Level at Indiana University-East

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$5,613
$30,001 – $75,000$8,625
Over $75,000$14,222

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Indiana University-East

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$8,134
Off-campus title-IV students$9,082

To get a personalized net price estimate, try IU East’s NPC: iuia.iu.edu/compliance-reports/campus-net-price-calc/index.html.

How Much Students Borrow at Indiana University-East

A typical borrower at IU East leaves with $12,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$12,000
Median federal debt (graduates only)$18,000
Typical 10-year monthly payment (graduates)$190.83/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Where Student Debt Falls

The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at IU East.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$5,500
75th percentile$24,310
90th percentile (highest-debt students)$33,295

Debt Outcomes by Student Group at Indiana University-East

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$12,099
Middle income$11,881
High income$11,850

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$12,331
Continuing-generation students$10,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$9,982
Independent students$13,242

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. IU East.

Federal Loan Volume at Indiana University-East

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at IU East:

MetricValue
Stafford loan recipients13025
Total Stafford loan amount$254,905,767

Veterans Benefits at Indiana University-East

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients49
Total GI Bill amount$234,099
Average GI Bill amount per recipient$4,778

DoD program volume

MetricValue
DoD Tuition Assistance recipients27
Total DoD amount$67,360
Average DoD amount per recipient$2,495

Indiana University-East Financial Aid Resources

References

More about our data sources and methodologies.

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