Welcome incoming freshmen, transfer students, and continuing students! We want to make sure that you have completed all of the necessary steps so that you receive your financial aid on time. In order to accomplish this goal we have come up with this detailed list of recommended steps that all students should complete!
Make sure you have filled out this year’s FAFSA at fafsa.ed.gov and have included our school code (001813) on it. If you would like to learn more about “How to Fill out the FAFSA” please click here.
Check your e-mail on a regular basis. E-mail is our primary way of communicating with students. So make a habit of checking it on a regular basis to ensure that you don’t delay your aid by missing a crucial message. If you need help setting up your IU e-mail account please visit University Information Technology Services' Knowledge Base here.
Check your To-Do List through One.iu.edu. Anything that ends up on your To-Do List must be completed in order for you to receive financial aid. So it is very important that you check your To-Do List on a regular basis and turn in all requested documents in a timely fashion since most forms take at least 10 business days to process. To learn “How to View Your To-Do List” please click here.
Complete the online "Transit" Financial Literacy module. Students can access Transit through One.iu.edu. In order to connect to Transit, you must have your IU email account already set-up. For more information about how to access and complete Transit please visit University Information Technology Services' Knowledge Base here.
Complete the IUPUI College Budget Balancer. If you need help setting up a budget or determining if you should borrow loans we recommend utilizing our College Budget Balancer. This interactive online calculator should help you and your family have "the money talk," which is a discussion we believe all families should have prior to starting classes. More information about this and other financial wellness resources can be found on our website here.
Grant 3rd Party User Access through One.iu.edu if you would like another individual to be able to check on your financial aid and your bill. Choosing to grant this access is completely at the student's discretion and the student can revoke this access at any time by notifying the Office of the Bursar in writing. To learn about Assigning 3rd Party User Access in One.iu.edu please click here.
Sign your Title IV Authorization through One.iu.edu. Signing the Title IV Authorization allows your Title IV financial aid (ex: Federal Pell Grants, Federal Direct Loans, etc.) to go towards charges other than tuition & fees such as parking permits and meal plans. So it is highly recommended that you complete this authorization. For a step-by-step guide to completing your Title IV Authorization online please click here.
Sign up for Direct Deposit through One.iu.edu. If the amount of your financial aid is greater than the amount of your Bursar bill you will be sent a refund for the difference. The default refund method is a paper check which is sent to the mailing address we have on file for you. Printing & mailing a paper check takes time. So paper check refunds take about 10-14 business days to get to you. Refunds sent via direct deposit, on the other hand, take 5-7 business days to get to you since the funds are deposited directly into your bank account. Therefore we highly recommend that students set up Direct Deposit to ensure that they receive their refund as quickly as possible. To learn how to set-up Direct Deposit online please Click here.
Seek student employment. At IUPUI we have an entire office dedicated to helping students identify rewarding student employment opportunities. The IUPUI Office of Student Employment provides resources and empowers students to find meaningful, academically relevant, part-time work experiences that enhances both academic and personal success.
Accept, Reduce, or Decline any federal student loans or Federal Work Study funding that you have been offered. Grants and scholarships are automatically accepted on your behalf since it's money that you don’t have to earn or pay back. All other awards (such as Federal Direct Loans and Federal Work Study) must be manually accepted, reduced, or declined by the student. We recommend doing so as soon as you receive your bill to ensure that funds arrive by the Office of the Bursar’s billing due date. If no action is taken your loans will not disburse and will not be applied to your bill. To learn how to accept, reduce, or decline awards please click here.
Complete Entrance Counseling for your loan(s) on StudentLoans.gov if you have accepted part or all of a Federal Direct Loan. Entrance counseling teaches you about the terms of the loan. It is very important that you complete this step if want to take out a loan because your loans will not disburse and will not be applied to your bill if this step is not competed.
Sign the Master Promissory Note (MPN) for your loan(s) on StudentLoans.gov if you have accepted part or all of a Federal Direct Loan. The MPN is your promise to repay your loan(s). Like entrance counseling, it is very important that you complete this step if want to take out a loan because your loans will not disburse and will not be applied to your bill if this step not competed.
We hope you find these tips helpful! If you have any questions about anything on this list please don’t hesitate to contact us!
317-274-5555 420 University Blvd. Indianapolis, IN 46202 AskIU@iu.edu