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ICI Smart: April 2016
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Independent Colleges Indiana

ICI Colleges and Low-Income Students

Not What You May Think

You know the stereotype—private colleges are only for rich kids. Not true. Here’s the reality: ICI colleges have a higher percentage of students who qualify for federal Pell grants, the government’s standard for financial need and aid, than Indiana’s 4-year public institutions (including regionals).

At two-year colleges in Indiana, an even higher percentage of students qualify for Pell grants, with Indiana's private sector busting the stereotype once again.  Ancilla College, the state's only private two-year college, leads with 69% of its students Pell-eligible compared to its two-year public counterparts, Ivy Tech and Vincennes, with 47%. 

For your consideration:

Performance-based funding, tying higher education funding for public colleges to student outcomes, is now in use in 32 states, including Indiana. Read what research has shown about some of its not-so-positive outcomes.

Fewer poor students are being enrolled in state universities. Here's why

Richard Ludwick

Message from ICI President & CEO Richard Ludwick

Independent Colleges of Indiana is sharing this informational update with you – as one of our stakeholders – to illustrate the performance and contributions of our 31 member colleges and universities and why they are the smart choice for students and for Indiana. We hope you find this information helpful in sharing that story with community leaders, colleagues, parents, students, and friends. If you have any questions or comments, please just let us know (contact information below).


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Independent Colleges of Indiana, Inc. (ICI) serves as the collective voice for the state’s 31 private, nonprofit colleges and universities. ICI member institutions enroll some 90,000 students (approximately 20 percent of all students statewide) and annually produce 35 percent of all bachelor’s degrees in Indiana. For more information: