What is in an Average Financial Aid Deal at Iowa State
Iowa State University's standard financial aid offer for incoming first year students is $15,774. Approximately 82.0% of first year students get some form of financial aid, the majority of which is in the form of scholarships and grants.
Student loans are a part of financial aid plans, however the only true college discount is a scholarship or grant that you don't have to repay.
A loan is not a genuine college discount, but rather an additional cost consideration. Discover how much student loan debt from Iowa State you may end up taking on.
Amount of Iowa State Grants & Scholarships
The numbers listed below make reference to help that is given by Iowa State University.
79.0% of first year students (4,697 total) were offered scholarships at Iowa State University, averaging $7,041 a piece. This ranks in the top 40th percentile of all schools in the nation.
1,205 first year students got federal grant aid. A total of 20.0% of Iowa State first years obtained grants around $4,614 each recipient.
How are scholarships and grants allocated to freshmen at Iowa State? View the graph listed below.
Grants are typically based on need while scholarships are based on merit or ability.
How Income Level Affects Aid
The chart below shows scholarship and grant distributions by income level for freshman students getting any type of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.0% | $11,039 |
| Income 30k-48k | 4.2% | $10,250 |
| Income 48k-75k | 6.4% | $6,932 |
| Income 75k-110k | 7.9% | $3,865 |
| Income 110k + | 10.7% | $2,198 |
Title IV aid features grants, loans, or work-study awarded from the federal government typically according to financial need. Learn more here.
$7,889 is the Common Sum an Undergraduate Gets in Grants or Scholarships
21,476 Iowa State undergrads receive grants (this is about 73.0% of the total student body). The average amount these students receive is $7,889
Visit the Tuition and Fees page or the Cost Per Credit Hour page for details.
Iowa State University Financial Aid Info
| Financial Aid Department Website | www.financialaid.iastate.edu/ |
| Net Price Calculator | www.financialaid.iastate.edu/cost/net-price-calculator.php |
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