State Grants and Scholarships
State Grant policies:
All state grants are limited to a maximum of eight semesters per student.
Students who begin attending college Fall 2012 and beyond will be required to maintain specific GPA requirements to continue receiving state funding.
- At the end of the first year, students must be meeting Satisfactory Academic Progress (SAP) as defined by the school s/he is attending to continue receiving state grant funding.
- At the end of the sophomore year, students must have achieved a minimum of 2.25 cumulative GPA to continue receiving state grant funding.
- At the end of the junior and senior years, students must have achieved a minimum of 2.5 cumulative GPA to continue receiving state grant funding.
The Frank O'Bannon Grant Program consists of the Higher Education Award (HEA) and the Freedom of Choice Award (FOC). The HEA is awarded to full-time undergraduate students who demonstrate financial need and attend an eligible institution within the State of Indiana. 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 FAFSA so that it is received by the central processing system by March 10th. 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.
Twenty-first Century Scholars Program
The Twenty-first Century Scholars Program awards students whose families have met the income guidelines to enroll in the program by June 30th of the 8th grade year. Students must also meet additional program requirements, which include fulfilling the Twenty-first Century Scholars Pledge. Twenty-first 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 March 10th and submit any additional information requested within the appropriate timeframe.
The Part-Time Grant is awarded to Indiana residents enrolled in 2-11 hours at an eligible institution within the State of Indiana. The Part-Time Grant is a need-based award for which first priority is given to students who meet certain income guidelines. Funds are limited based on allocations provided by ICHE.
The Nursing Scholarship will not be available after the Summer 2013 term. House Enrolled Act (HEA) 1001 eliminates funding for this scholarship beginning with the 2013-2014 academic year. Students who previously received the Nursing Scholarship and who have not or do not fulfill the post-graduation work requirements will have all loan amounts forgiven in full. Those students will receive notification.
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 1 year early. The application can be found at http://www.in.gov/ssaci/ and must be completed by the student and the high school and submitted prior to September 4, 2012. The student must also file the FAFSA prior to this date to be eligible for funding. Questions should be directed to CHE at 317-232-2350 or awards@sfa.che.in.gov.