State Grant Policies
All state grants are limited to a maximum of eight semesters per student. Students must meet Satisfactory Academic Progress (SAP) as defined by the school they are attending to continue receiving state grant funding.
Frank O’Bannon Grant Program
The Frank O’Bannon Grant Program consists of the Freedom of Choice Award (FOC). The FOC 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 April 15. Eligible students must also comply with any requests from ICHE for additional information. 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.
- Must be an Indiana Resident by December 31st the year prior to applying for aid and remain a resident throughout academic year (parents must also be residents, if applicant is a dependent student)
- Must be a U.S. Citizen or eligible noncitizen
- Must be a high school graduate or hold a GED or its equivalent
- Student must be enrolled full-time (12+ credit hours)
- Must be working towards an associates or first bachelor’s degree
- Maintain Satisfactory Academic Progress
- On-time award: students must complete at least 30 credit hours during their 12 month award year.
- Students failing to complete 30 credit hours during their 12 month award year, but complete at least 24 credit hours may receive a full-time amount.
- Credit hours earned in excess of 30 during an award year may be counted toward future credit completion requirements.
- Students may also use international baccalaureate, advanced placement or dual credit hours to meet credit completion requirements.
This means that grant recipients must take an average of 15 credit hours per semester to stay “on-time” for maximum grant funding. Students who fail to earn the necessary 30 credit hours may still qualify for funding, but it will be at a reduced rate.
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.
Evan Bayh 21st Century Scholars Program
Indiana’s Evan Bayh 21st Century Scholars Program 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 students at an eligible institution within the State of Indiana. Scholars are also required to file the FAFSA by April 15 and submit any additional information requested within the appropriate timeframe.
Keeping Your Scholarship
To maintain your full 21st Century Scholarship, you must do the following:
- Complete at least 30 credits each academic year
- Earn Satisfactory Academic Progress (SAP)
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 in the academic year to be eligible to be considered for the reduced state grant.
Mitch Daniels Early Graduate Scholarship
Students who are graduating early from a publicly supported high school may be eligible for up to $4,000 in state funding. Students must be legal Indiana residents, graduating with a Core 40 diploma at least one year early.
Application Deadline: The application must be completed by the student and the high shcool, and submitted prior to September 1.
- The student must also file the FAFSA prior to this date to be eligible for funding
What happens after you apply:
- The Indiana Department of Education uses data reported by your high school to verify your eligibility for the scholarship. The deadline for your high school to report this data is October 30.
Questions should be directed to ICHE at 317.464.4400 or firstname.lastname@example.org.
Adult Student Grant
The Commission is offering the Adult Student Grant 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.
This scholarship is first come, first serve and you must have the FAFSA and Application complete to preserve your spot.
*Financial need has been determined to be an EFC of $1,500 or less.
Financial Aid for Teachers
Next Generation Hoosier Educators Scholarship
The Next Generation Hoosier Educators Scholarship provides 200 high-achieving high school and college students interested in pursuing a career in education the opportunity to earn a renewable scholarship of up to $7,500 each year for four academic year. In exchange, students agree to teach for five years at an eligible Indiana school or repay the corresponding, prorated amount of the scholarship.
- Must be an Indiana resident
- Must be a U.S. citizen or eligible non-citizen
- Must be a current high school senior or college student in Indiana
- Must have graduated or will graduate from an Indiana accredited high school or non-accredited nonpublic high school
- Must be able to utilize the scholarship for at least two full academic years (effective for Fall 2017-2018 applicants)
- Must rank in the top 20% of high school graduating class or have a top 20% ACT or SAT score
- Must obtain a license to teach in Indiana and serve as a teacher in an eligible Indiana school for five consecutive years after college graduation
- Must maintain a 3.0/4.0 GPA, complete 30 credit hours per year or their equivalent and meet all other requirements established by their program to renew the scholarship
- Must file a Free Application for Federal Student Aid (FAFSA)
- Must complete the service requirement or have all funds provided converted to a loan that must be repaid
Priority will be given to students graduating high school although current college students are eligible to apply.
How to Apply:
Please visit the Indiana State Financial Aid website to apply or for more information on the scholarship. The application for the 2018-2019 academic year is available September 1, 2017 to November 30, 2017.
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 teach position in Indiana and, if hired, teach in Indiana for at least three years. Please review all program requirements in order to see if you are eligible to apply. FAFSA must be submitted prior to application; application submitted by September 4.
Earline S. Rogers Student Teaching Stipend for Minorities
This is a stipend for minority students (defined as black and Hispanic individuals) who will participate in student teaching or a school administration internship as part of the students’ degree requirements. The applicant must:
- be a minority student;
- participate in student teaching or a school administration internship as part of the student’s degree requirements;
- have earned a cumulative grad point average upon entering student teaching that is required by an eligible institution for admission to the eligible institution’s school of education;
- be enrolled at an eligible Indiana institution;
- be a first-time undergraduate student or be enrolled in a school administration program;
- student teach or participate in a school administration internship at an Indiana school authorized by the Indiana Department of Education;
- agree in writing to apply for a teach position at an accredited school in Indiana following that student’s certification as a teach and, if hired, to teach for at least three years; and
- meet any other minimum criteria established by the Commission.
Fall deadline is October 4th; January 31st is the spring deadline.