by our College Data Analytics TeamThe majority of students are not billed 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 sum total of attendance at Indiana University-South Bend can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Indiana University - South Bend offer, and what will you qualify for? Read on for more information. Keep reading to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Indiana University-South Bend.
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.
For freshmen starting at Indiana University-South Bend, 87% of the incoming full-time class was awarded financial aid some 703 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $8,371 |
| Institutional grants & scholarships | 46% | $1,810 |
| Federal Pell grants | 51% | $5,547 |
| State/local grants | 43% | $6,258 |
| Federal student loans | 32% | $4,690 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 64% of undergrads got grants or scholarships worth on average $7,890 (across approximately 2504 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $7,890 |
| Federal Pell grants | 43% | $5,100 |
| Federal student loans | 35% | $5,981 |
On-campus students receiving title-IV aid were awarded grants averaging $8,711.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,623 |
| $30,001 – $75,000 | $7,176 |
| Over $75,000 | $14,827 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,653 |
| Off-campus title-IV students | $8,364 |
For a personalized estimate based on your family’s financial situation, use Indiana University - South Bend’s net price calculator: iuia.iu.edu/compliance-reports/campus-net-price-calc/index.html.
The median student at Indiana University - South Bend graduates with $12,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $21,355 |
| Typical 10-year monthly payment (graduates) | $226.4/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Indiana University - South Bend.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,650 |
| 25th percentile | $5,232 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $38,806 |
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 | $11,703 |
| Middle income | $12,212 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,580 |
| Continuing-generation students | $13,376 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,927 |
| Independent students | $16,116 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Indiana University - South Bend.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Indiana University - South Bend:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21009 |
| Total Stafford loan amount | $446,179,748 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 70 |
| Total GI Bill amount | $393,794 |
| Average GI Bill amount per recipient | $5,626 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 29 |
| Total DoD amount | $93,482 |
| Average DoD amount per recipient | $3,224 |
References
More about our data sources and methodologies.