Grants are funds awarded to students and do not require repayment. Federal Grants and State Grants are awarded based on the student's submission of the FAFSA and the Expected Family Contribution (EFC).
Additionally, grant eligibility and award amounts is based on enrollment and subsequent monitoring at the semester census date for federal grants and at the ICHE census date at the end of the semester refund period for ICHE grants.
Listing of Grants as broken down into categories:
IUPUI Twenty-First Century Scholars Grant
This grant is designed to help meet the remaining financial need for 21st Century Scholars who enroll full time at IUPUI. To be eligible students must be participating and receiving 21st Century Scholarship funds from the state of Indiana and have a FAFSA on file by the priority deadline of March 10th. Those students who meet eligibility will automatically be given this award as it requires no additional application, however grant recipients must attend the IUPUI Summer Bridge Academy and meet Satisfactory Academic Progress (SAP) Guidelines.
The grant is designed to supplement the Federal Pell Grant. It is calculated as $8,258 (average annual cost of tuition and general fee at IUPUI) minus fee remissions, scholarships, federal and state grants; with the award range between $100 - $1,000 for the academic year. To be eligible a student must receive Federal Pell Grant, have a minimum SAT score of 1000 (Math and Critical Reading sections only) or ACT score of 21, and have a FAFSA on file by the priority deadline of March 10, 2012. Grant recipients must maintain a 2.5 cumulative GPA. Those students who meet eligibility criteria will automatically be given this award as it requires no additional application.
The Federal Pell Grant is awarded based on receipt of the FAFSA and the student's Expected Family Contribution (EFC) and enrollment level. Federal Pell Grant is the basic foundation for awarding other types of student financial aid. Awards range from $605 to $5,645 for the fall 2013 and spring 2014 aid year. Students who do not use their full Pell during the Fall and Spring semesters may be eligible for Pell in the summer depending upon enrollment.
Federal Supplemental Educational Opportunity Grant
Awarded to undergraduate students with exceptional financial need. By federal regulations, priority is given to students who receive Federal Pell Grant. Awards vary per academic year based on funding levels.
State grants are estimated by IUPUI based on the student's registered hours. The final determination of the student's eligibility and award amount is not made by IUPUI; rather, it is determined by Indiana Commission for Higher Education, Division of Student Financial Aid (SFA).