by our College Data Analytics TeamA lot 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 total cost of going to University of Indianapolis can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does UIndy offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out just how much financial aid will 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 University of Indianapolis.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At University of Indianapolis, 100% of first-time, full-time freshmen received some form of financial aid around 801 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,818 |
| Institutional grants & scholarships | 100% | $21,786 |
| Federal Pell grants | 49% | $6,083 |
| State/local grants | 47% | $10,406 |
| Federal student loans | 47% | $5,550 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 88% of undergraduates were awarded an average grant or scholarship of $24,311 (across approximately 3479 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $24,311 |
| Federal Pell grants | 33% | $5,939 |
| Federal student loans | 38% | $6,871 |
On-campus students receiving title-IV aid were awarded grants averaging $30,988.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,105 |
| $30,001 – $75,000 | $15,389 |
| Over $75,000 | $24,934 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,602 |
| Off-campus title-IV students | $18,748 |
To get a personalized net price estimate, try UIndy’s online cost calculator: www.shoppingsheet.com/Shopping/Landing/151263.
A typical borrower at UIndy leaves with $18,714 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,714 |
| Median federal debt (graduates only) | $26,864 |
| Typical 10-year monthly payment (graduates) | $284.8/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at UIndy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,243 |
| 75th percentile | $29,300 |
| 90th percentile (highest-debt students) | $40,000 |
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 | $15,582 |
| Middle income | $16,909 |
| High income | $19,690 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,385 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $19,684 |
A handful of calculated indicators summarize the debt outlook at UIndy.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at UIndy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20469 |
| Total Stafford loan amount | $545,335,488 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 44 |
| Total GI Bill amount | $850,425 |
| Average GI Bill amount per recipient | $19,328 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $7,250 |
| Average DoD amount per recipient | $2,417 |
References
More about our data sources and methodologies.