by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Indiana University-Northwest can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can IU Northwest offer you, and what will you qualify for? Keep reading for more information. Keep reading to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Indiana University-Northwest.
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.
Among first-time, full-time freshmen at Indiana University-Northwest, 86% of new full-time first-years were awarded at least some aid roughly 370 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $8,327 |
| Institutional grants & scholarships | 54% | $2,109 |
| Federal Pell grants | 48% | $5,764 |
| State/local grants | 38% | $6,161 |
| Federal student loans | 28% | $4,699 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 65% of undergrads got grants or scholarships worth on average $7,339 (covering around 1823 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $7,339 |
| Federal Pell grants | 43% | $5,094 |
| Federal student loans | 34% | $6,417 |
On-campus students receiving title-IV aid were awarded grants averaging $8,859.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,362 |
| $30,001 – $75,000 | $5,059 |
| Over $75,000 | $12,792 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,130 |
| Off-campus title-IV students | $5,970 |
For a personalized estimate based on your family’s financial situation, use IU Northwest’s net price calculator: iuia.iu.edu/compliance-reports/campus-net-price-calc/index.html.
A typical borrower at IU Northwest leaves with $12,478 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,478 |
| Median federal debt (graduates only) | $21,710 |
| Typical 10-year monthly payment (graduates) | $230.16/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at IU Northwest.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $27,502 |
| 90th percentile (highest-debt students) | $42,762 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $12,856 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $12,228 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,124 |
| Independent students | $17,470 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. IU Northwest.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at IU Northwest:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18992 |
| Total Stafford loan amount | $448,500,617 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $191,289 |
| Average GI Bill amount per recipient | $6,596 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $35,727 |
| Average DoD amount per recipient | $3,248 |
References
More about our data sources and methodologies.