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STUDENT FINANCIAL ASSISTANCE BY SOURCE

     Another view of Student Financial Assistance by Source is shown below.   When Fort Wayne is excluded, Student Financial Assistance totaled $539 million. Federal programs accounted for about three quarters of the total. The largest category of student assistance was student loans, at 65 percent of the total. Gift and grant aid accounted for 34 percent of the total.

2002-03 STUDENT FINANCIAL ASSISTANCE BY SOURCE without Fort Wayne                 Gifts and           Grants Loans Other Total             Federal           Pell Grants  $   41,492,370  $                  -  $                  -  $   41,492,370   SEOG         2,874,849                      -                      -        2,874,849   Veteran Benefits         5,804,814                      -                      - 5,804,814   Other Federal Gift Aid         1,383,781                      -                      -        1,383,781   Stafford Loans                      -     154,356,159                      -     154,356,159   Perkins Loans                      -       10,402,517                      -       10,402,517   Repayable Need Loans                      -       23,588,325                      -       23,588,325   Non-Need Student Loans                      -     131,297,221                      -     131,297,221   Non-Need Parent Loans                      -       37,862,464                      -       37,862,464   Federal Work Study                      -                      -         6,676,638        6,676,638      $   51,555,814  $357,506,686  $     6,676,638  $415,739,138             State           21st Century  $     3,378,622  $                  -  $                  -  $     3,378,622   Higher Education       20,864,647                      -                      -       20,864,647   Other Indiana Gift Aid       12,454,902                      -                      -       12,454,902   State Work-Study                      -                      -                      -                      -      $   36,698,171  $                  -  $                  -  $   36,698,171             Private and Institutional           Gift Aid  $   66,162,586  $                  -  $                  -  $   66,162,586   Private Gift Aid       20,453,769                      -                      -       20,453,769   Private Loans                      -                      -                      -                      -      $   86,616,355  $                  -  $                  -  $   86,616,355             GRAND TOTAL  $ 174,870,340  $357,506,686  $     6,676,638  $539,053,664             NOTE:  Excludes Social Security education benefits, off-campus student employment and academic appointment      stipends. SOURCE:  University Budget Office, Indiana University and Office of the Comptroller, Indiana University-   Purdue University Fort Wayne       G2601H       19 Dec 03

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Last updated: December, 2003
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