A lot 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 total price of attendance at Indiana University-Southeast can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Indiana University - Southeast offer you, and what will you qualify for? Read on for more information. Keep scrolling to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Indiana University-Southeast.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Indiana University-Southeast, 89% of first-year full-time students received aid of some kind around 534 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $7,347 |
| Institutional grants & scholarships | 62% | $2,635 |
| Federal Pell grants | 39% | $5,287 |
| State/local grants | 35% | $6,546 |
| Federal student loans | 27% | $4,788 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 66% of undergrads got grants or scholarships worth on average $6,830 (across roughly 2156 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $6,830 |
| Federal Pell grants | 32% | $5,003 |
| Federal student loans | 29% | $6,047 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,523.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,406 |
| $30,001 – $75,000 | $6,150 |
| Over $75,000 | $12,793 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $7,888 |
| Off-campus title-IV students | $8,257 |
To project your own net price, use Indiana University - Southeast’s net price tool: iuia.iu.edu/compliance-reports/campus-net-price-calc/index.html.
The median student at Indiana University - Southeast graduates with $11,650 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,650 |
| Median federal debt (graduates only) | $19,684 |
| Typical 10-year monthly payment (graduates) | $208.68/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Indiana University - Southeast.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,728 |
| 25th percentile | $5,380 |
| 75th percentile | $22,428 |
| 90th percentile (highest-debt students) | $33,117 |
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 | $12,445 |
| Middle income | $10,500 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,536 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,009 |
| Independent students | $15,250 |
A handful of calculated indicators summarize the debt outlook at Indiana University - Southeast.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Indiana University - Southeast:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17203 |
| Total Stafford loan amount | $326,818,107 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 61 |
| Total GI Bill amount | $358,937 |
| Average GI Bill amount per recipient | $5,884 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 12 |
| Total DoD amount | $36,467 |
| Average DoD amount per recipient | $3,039 |
References
More about our data sources and methodologies.