A new report released by the Indiana Commission for Higher Education release Wednesday reveals that the percentage of Indiana college students taking—and completing—the minimum number of courses needed to graduate on time has reached double-digit improvements.

Indiana has one of the most generous need-based college financial aid systems in the U.S. with more than $300 million in state aid awarded to Hoosier students annually.

The majority of this aid is distributed through the Frank O’Bannon grant and the 21st Century Scholars program.

The report shows that more students are completing 30 or more credit hours per year.

21st Century Scholars’ course-completion improved by 56 percent over the prior year and Frank O’Bannon recipients’ course-completion improved by 21 percent over the prior year.

Of the most improved Indiana colleges in the 2013-2014 term, USI ranked number two of the O’Bannon recipients enrolled in 30 or more credit hours for increasing by 16 percent.