State Grants & Scholarships
The Indiana Commission for Higher Education’s Division of Student Financial Aid (SFA) provides funds to Indiana residents who attend an eligible Indiana institution. To be considered for funds from the state of Indiana, a student’s FAFSA must be received by the FAFSA processing center by March 10 and comply with the request for additional information within the appropriate timeframe indicated by SFA. SFA determines the amount of the student’s award based on the family contribution and the cost of attendance. Funds provided by the state of Indiana are limited to tuition and fee costs incurred at the institution.
Indiana Frank O’Bannon Grant
The Indiana Frank O’Bannon Grant is awarded to full-time undergraduate students who demonstrate financial need and attend an eligible private institution within the state of Indiana. Indiana residents who wish to have their eligibility for funds determined by the Indiana Commission for Higher Education (ICHE) must be sure to file the Free Application for Federal Student Aid (FAFSA) so that it is received by the central processing system by March 10. Eligible students must also comply with any requests from ICHE for additional information within the appropriate timeframe, which is typically mid-May. ICHE determines the dollar amount of each student’s award based on the family contribution, the diploma type and the cost of attendance. Funds provided by the State of Indiana are limited to tuition and fee costs incurred at the institution.
Students are required to earn 30 credit hours each year to be considered for the “on-time” (maximum) award. Students who fail to earn the necessary 30 credit hours may still qualify for funding, but it will be at a reduced rate. Students must earn at least 24 hours each academic year to be considered for the reduced “full-time” grant amount.
Students who receive an Academic/Technical Honors diploma upon high school graduation will receive an academic honors incentive for their freshman year only. In order to qualify for a GPA incentive for the second, third and fourth year, students must maintain a cumulative college GPA of 3.0 or higher.
Indiana 21st Century Scholar Grant
Indiana’s 21st Century Scholars awards students whose families have met the income guidelines to enroll in the program by June 30 of the eighth grade year. Students must also meet additional program requirements, which include fulfilling the 21st Century Scholars Pledge. All 21st Century Scholars must enroll as full-time, undergraduate students at an eligible institution within the state of Indiana. Scholars are also required to file the FAFSA by March 10 and submit any additional information requested within the appropriate timeframe.
Students are required to earn 30 credit hours each academic year. 21st Century Scholars who fail to complete the necessary 30 credit hours by the end of each academic year may still qualify for state grant funding, but it will be at a reduced rate through the Frank O’Bannon Grant program. Students must complete 24 hours by the end of their first year, 48 hours by the end of their second and 72 by the end of their third to be eligible to be considered for the reduced state grant. Students may earn their way back into the program by increasing their credit completion to the required levels.
Adult Student Grant
The Adult Student Grant is to assist working adults in starting or completing an associate’s degree, baccalaureate degree, or certificates by providing a $1,000 grant. Applicants must be an Indiana resident and a U.S. Citizen or eligible noncitizen;
- Be financially independent as determined by the FAFSA and demonstrate financial need;
- Be enrolled in at least six (6) credit hours or their equivalent in any academic term;
- Maintain a grade point average that meets satisfactory academic progress as defined by the institution;
- Complete at least eighteen (18) credit hours or their equivalent in the previous academic year to renew; and
- Meet any other minimum criteria established by the Commission.
Applications are available at http://www.in.gov/che/4509.htm. This funding is on a first come, first serve basis through the state of Indiana.
William A. Crawford Minority Teacher Scholarship
Open to minority students (defined as black and Hispanic individuals) planning to teach in an accredited school in Indiana upon graduation. The student must agree in writing to apply for a teaching position in Indiana and, if hired, teach in Indiana for at least three years. Please review http://www.in.gov/che/4507.htm in order to determine if you are eligible to apply. Your FAFSA must be submitted prior to application.