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Indiana University Factbook 2004-05
Indiana University | Programs & Degrees | Alumni | Enrollment
Fees | Personnel | Physical Facilities | Finances
Finances
Operating Budget
State Appropriations
Functional Expenses
by Campus

State Appropriations per FTE
Contract & Grant Expenditures by Source
Contract & Grant Expenditures by Campus
Student Financial Aid by Source
Student Financial Aid by Campus
In-State Purchase Orders

Student Financial Aid by Source

Student financial assistance totaled $638.3 million for all campuses of Indiana University. Federal programs accounted for a little over three quarters of the total.
The largest category of student assistance was student loans, at 66 percent of the total. Gift and grant aid accounted for 33 percent of the total.
Student Financial Assistance by Source
including Fort Wayne

2003-04
  Gifts and Grants Loans Other Total
Federal
Pell Grants $51,833,194 - - $51,833,194
SEOG 3,016,601 - - 3,016,601
Veteran Benefits 5,755,646 - - 5,755,646
Other Federal Gift Aid 2,009,271 - - 2,009,271
Stafford Loans - 181,412,148 - 181,412,148
Perkins Loans - 10,541,922 - 10,541,922
Repayable Need Loans - 36,435,224 - 36,435,224
Non-Need Student Loans - 152,293,765 - 152,293,765
Non-Need Parent Loans - 40,712,172 - 40,712,172
Federal Work Study - - 7,748,617 7,748,617
  $62,614,712 $421,395,231 $7,748,617 $491,758,560
         
State
21st Century $4,815,680 - - $4,815,680
Higher Education 27,857,006 - - 27,857,006
Other Indiana Gift Aid 14,371,257 - - 14,371,257
State Work-Study - - - -
  $47,043,943 - - $47,043,943
         
Private and Institutional
Gift Aid $76,102,805 - - $76,102,805
Private Gift Aid 22,704,502 - - 22,704,502
Private Loans - 758,339 - 758,339
  $98,807,307 $758,339 - $99,565,646
         
Grand Total $208,465,962 $422,153,570 $7,748,617 $638,368,149
         
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
Another view of student financial assistance by source is shown below. When Fort Wayne is excluded, student financial assistance totaled $592.5 million. Federal programs accounted for a little over three quarters of the total.
The largest category of student assistance was student loans, at 66 percent of the total. Gift and grant aid accounted for 32 percent of the total.
Student Financial Assistance by Source
without Fort Wayne

2003-04
  Gifts and Grants Loans Other Total
Federal
Pell Grants $44,586,577 - - $44,586,577
SEOG 2,701,623 - - 2,701,623
Veteran Benefits 5,755,646 - - 5,755,646
Other Federal Gift Aid 1,670,511 - - 1,670,511
Stafford Loans - 155,106,261 - 155,106,261
Perkins Loans - 9,988,122 - 9,988,122
Repayable Need Loans - 36,435,224 - 36,435,224
Non-Need Student Loans - 152,293,765 - 152,293,765
Non-Need Parent Loans - 40,090,881 - 40,090,881
Federal Work Study - - 7,540,193  
  $54,714,357 $393,914,253 $7,540,193 $456,168,803
         
State
21st Century $4,296,009 - - $4,296,009
Higher Education 24,071,488 - - 24,071,488
Other Indiana Gift Aid 13,189,360 - - 13,189,360
State Work-Study - - - -
  $41,556,857 - - $41,556,857
         
Private and Institutional
Gift Aid $73,427,940 - - $73,427,940
Private Gift Aid 21,346,427     21,346,427
Private Loans - - - -
  $94,774,367 - - $94,774,367
         
Grand Total $191,045,581 $393,914,253 $7,540,193 $592,500,027
         
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



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Last updated: 05 December 2008
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