Grants Available to IUPUI Students

The State Student Assistance Commission of Indiana (SSACI)

Frank O’Bannon Grant/Higher Education Award

O’Bannon Awards are need based and the amount of the award varies each year based on funding levels and the number of eligible students. The amount of an O’Bannon award is calculated based the Expected Family Contribution for independent students or Parent Contribution portion of the EFC for dependent students and the type of Indiana high school diploma earned by the student (Academic Honors. Core 40, or General).

To qualify for state grant consideration the applicant must:

• Be an Indiana resident;
• Be a U.S. Citizen or eligible noncitizen
• Be a high school graduate or hold a GED
• Attend, or plan to attend, an eligible college or university
• Be enrolled, or plan to enroll, in a course of study leading to an associates or first bachelors degree;
• Be a full-time student, or plan to enroll as a full-time student. (The state grant defines full-time as at least 12 credit hours per term); and
• File an application (FAFSA) - receive by March 10 of the year preceding the academic year the applicant plans to enroll.

The SSACI award eligibility period is limited to eight semesters within a maximum of ten years. A student must be full-time (12 semester hours) on the SSACI census date (the end of the fourth week of the semester). If a student has dropped below full-time, SSACI awards are cancelled and the student’s bursar account will reflect an amount due that is equal to the cancelled SSACI award.
Additionally, a student that has a SSACI Estimated Difference Award will be reviewed and eligibility determined for the semester at the SSACI census date (the end of the fourth week of the semester) if enrollment is greater than 12 semester hours.