Skip to main content

Quick Facts: 2023-2024 Financial Aid Recipients

Jump to section:

Fall 2023 Full-Time Undergraduate Students

Full-Time, First-Time Undergraduate Students

2023-2024 Idaho Resident Undergraduate Degree Seeking Population

Loan Borrowing Data

Fall 2023 Full-Time Undergraduate Students

The following data is for Fall 2023 full-time undergraduate students.

78%

received financial aid

72%

of resident students received financial aid

86%

of nonresident students received financial aid

47%

of those who filed a FAFSA had an expected family contribution under $13,000

Federal Pell Grant Awards

  • 25% of full-time undergraduate students received Federal Pell Grant awards.
    • 35% of resident students received Pell Grants versus 12% of nonresident students.

Full-Time, First-Time in College Undergraduate Students

The following data is for Fall 2023 Full-Time, First-Time in College (FT-FTIC) undergraduate students.

84%

received financial aid

81%

of resident students received financial aid

90%

of nonresident students received financial aid

40%

of those who filed a FAFSA had an expected family contribution under $13,000

Financial Need

  • 69% of the Fall FT-FTIC undergraduate Idaho students that completed a FAFSA have financial need. Financial need is defined by the student’s FAFSA, before any aid is applied.
    • Of those students, 57% have unmet financial need. Unmet need is defined by the student’s FAFSA and is after aid is applied.

Federal Pell Grant Awards

  • 27% of the FT-FTIC cohort received Federal Pell Grant awards.
    • 36% of resident students received Pell Grants versus 12% of nonresident students.

Scholarships

  • 60% of Fall 2023 First-Time residents received a scholarship, not including athletic aid or waivers.
  • 77% of Fall 2023 First-Time nonresidents received a waiver. A waiver is defined as a waiver of nonresident fees and includes faculty/staff waivers.

2023-2024 Idaho Resident Undergrad Degree Seeking Population

The following data is for the academic year 2023-2024 total undergraduate degree seeking population of Idaho residents.

52%

have financial need

34%

are Pell Eligible

44%

had an expected family contribution under $12,999

The following data is of the number of students in the 2023 undergraduate class who started at Boise State as first-time students and received a bachelor’s degree between July 1, 2022 and June 30, 2023.

50%

borrowed loans*

49%

borrowed Federal loans**

8%

borrowed private student loans made by a bank or lender
  • Of those who borrowed loans, $25,521 was the average per-undergraduate borrower cumulative principal borrowed.
  • Of those who borrowed Federal loans, $20,265 was the average per-undergraduate borrower cumulative principal borrowed.
  • Of those who borrowed Private loans made by a bank or lender, $34,987 was the average per-undergraduate borrower cumulative principal borrowed.

*Loans is defined as any loan program: Federal Perkins, Federal Stafford Subsidized and Unsubsidized, institutional, state, private loans, etc. Includes both Federal Direct Student Loans and Federal Family Education Loans.

**Federal Loans are defined as Federal Loan programs: Federal Perkins, Federal Stafford Subsidized and Unsubsidized. Includes both Federal Direct Student Loans and Federal Family Education Loans.