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Indiana College Grants
Let's face it, getting a college education can be incredibly expensive to the point that the average American cannot afford to pay their way through school. However, there are sources of financial aid, many of which are available based simply on where you live, called grants, which don't have to be repaid. If you are a resident of Indiana or would like to be a student at a college in Indiana, you can find grants for which you are eligible, if you search the right sources.
The Frank O'Bannon Grant (also called the Indiana Higher Education Grant), awarded by the State Student Assistance Commission of Indiana, is available for any economically disadvantaged student who enrolls in a full-time degree program. Students seeking such financial aid should complete the FAFSA. Merit-based Hoosier Scholarships are also available to incoming freshmen enrolling in an Indiana state college or university to the tune of $500.
Indiana students who are members of the National Guard can qualify for tuition assistance based on certain eligibility criteria; application involves completion of the FAFSA. There is also a Part-time Grant Program for students who are only able to pursue an education part-time and still need assistance in funding college, even expanding to cover students pursuing certificates at Ivy Tech State College. Children of veterans who were killed or wounded in action or have received purple hearts, as well as children of public safety officials killed or wounded in the line of duty are eligible for the Children of Certain Veteran and Public Safety Officer Supplemental Grant Program.
List of Indiana College Grants
- Child of Disabled Veteran Grant or Purple Heart Recipient Grant — Varied amount awarded each year to varied number of undergraduate and graduate students enrolled in Indiana college.
- Department of Veterans Affairs Free Tuition for Children of POW/MIAs in Vietnam — Varied amount awarded each year to varied number of undergraduate and graduate students enrolled in Indiana college.
- Frank O'Bannon Grant Program — $200 to $4700 awarded each year to 38000-43660 undergraduate students attending Indiana college.
- Part-Time Grant Program — $50 to $4000 awarded each year to 4680-6700 undergraduate students attending Indiana college.
Paying for school is not easy, but we are here to help. OEDb's student finance section will help you find the money you need to pay your tuition and other college expenses. We cover scholarships, college grants, and student loans. Scholarships and grants are both forms of "free money", meaning they don't need to be paid back. Scholarships are typically awarded by businesses or individuals, with the money being earmarked specifically for tuition. They can be awarded based on a student's location or by religious affiliation, such as Catholicism or Islam. Grants are typically awarded by governments or non-profit organizations and the money often can be applied to several different expenses a student may incur, not solely tuition. They can be awarded based on location or ethnicity, for instance African American or Hispanic. Loans are not considered "free money", because unlike scholarships and grants, they do need to be paid back after graduation. Common federal loans include Perkins and Stafford. Loans are also available by location.
