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October 24, 2003

Database: ISU student indebtedness at graduation
Year: 2002-03

ISU seniors graduating without debt
    Iowa residents Non-residents
Graduated without debt 29.0% 43.0%
Graduated without need-based debt    39.0% 56.0%

Average indebtedness for ISU seniors graduating with debt
    Iowa residents Non-residents
All sources of debt $24,725 $32,056
Need-based debt $12,302 $13,915
Non-need-based debt $16,612 $24,486

Source: ISU Office of Student Financial Aid, included in annual financial aid report to Board of Regents, State of Iowa, Oct. 16, 2003.

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