by our College Data Analytics TeamMost students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Ivy Tech Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will Ivy Tech Community College provide, and just what are you going to be eligible for? Read on for answers. Scroll down to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ivy Tech Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Ivy Tech Community College, 83% of new full-time first-years were awarded at least some aid around 4206 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,861 |
| Institutional grants & scholarships | 47% | $880 |
| Federal Pell grants | 51% | $5,993 |
| State/local grants | 42% | $3,797 |
| Federal student loans | 11% | $4,845 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Ivy Tech Community College, about 52% of undergrads got grants or scholarships worth on average $3,648 (among about 52090 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $3,648 |
| Federal Pell grants | 22% | $4,477 |
| Federal student loans | 7% | $5,142 |
For students living on campus and receiving title-IV aid, grants averaged $8,112.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,964 |
| $30,001 – $75,000 | $6,951 |
| Over $75,000 | $12,106 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $7,258 |
| Off-campus title-IV students | $6,544 |
For an estimate tailored to your family circumstances, see Ivy Tech Community College’s NPC: www.ivytech.edu/financial-aid/estimator.html.
A typical borrower at Ivy Tech Community College leaves with $5,835 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,835 |
| Median federal debt (graduates only) | $10,727 |
| Typical 10-year monthly payment (graduates) | $113.72/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 Ivy Tech Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,600 |
| 25th percentile | $2,821 |
| 75th percentile | $11,250 |
| 90th percentile (highest-debt students) | $19,723 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,375 |
| Middle income | $5,765 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,000 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,412 |
| Independent students | $7,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Ivy Tech Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Ivy Tech Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 224578 |
| Total Stafford loan amount | $2,946,178,676 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 633 |
| Total GI Bill amount | $1,599,319 |
| Average GI Bill amount per recipient | $2,527 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 95 |
| Total DoD amount | $141,723 |
| Average DoD amount per recipient | $1,492 |
References
More about our data sources and methodologies.