by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Indiana University-Indianapolis can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can IUPUI provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover just how much financial aid could 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-Indianapolis.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Indiana University-Indianapolis, 91% of the incoming full-time class was awarded financial aid some 2888 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $11,104 |
| Institutional grants & scholarships | 72% | $4,447 |
| Federal Pell grants | 45% | $5,385 |
| State/local grants | 43% | $7,680 |
| Federal student loans | 32% | $4,671 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At IUPUI, about 69% of undergraduate students received gift aid averaging $10,645 (covering around 11734 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $10,645 |
| Federal Pell grants | 37% | $5,229 |
| Federal student loans | 33% | $6,300 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $11,648.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,156 |
| $30,001 – $75,000 | $9,000 |
| Over $75,000 | $19,013 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,668 |
| Off-campus title-IV students | $11,408 |
For a personalized estimate based on your family’s financial situation, use IUPUI’s net price calculator: indianapolis.iu.edu/cost-aid/cost-of-attendance/net-price-calculator.html.
The median student at IUPUI graduates with $13,337 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,337 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at IUPUI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,875 |
| 25th percentile | $5,500 |
| 75th percentile | $26,854 |
| 90th percentile (highest-debt students) | $37,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,770 |
| Middle income | $13,500 |
| High income | $13,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,607 |
| Continuing-generation students | $13,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,602 |
| Independent students | $17,134 |
The figure below distills the debt data into a single burden category for IUPUI.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at IUPUI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 98888 |
| Total Stafford loan amount | $3,145,056,284 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 387 |
| Total GI Bill amount | $3,700,083 |
| Average GI Bill amount per recipient | $9,561 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 118 |
| Total DoD amount | $452,188 |
| Average DoD amount per recipient | $3,832 |
References
More about our data sources and methodologies.