Do you have a question for our office? Have you checked out our Financial Aid Frequently Asked Questions? There's a good chance you will find your answer in one of our FAQ categories below.
Please select the topic header below that describes your question:
Top Questions
Top Questions
- When will I be notified of my financial aid for the 2011-2012 school year?
- Can I receive financial aid for the summer?
- Can I get more financial aid?
- How do I account for special conditions in my financial aid?
- Do I need to do anything else?
- I'm classified as a non-resident. How can I get classified as a resident student?
Applying for Aid
Applying for Aid
The Free Application for Federal Student Aid (FAFSA) is the application for most types of financial aid processed through our office. Students should complete the FAFSA before March 10 each year to be considered for the maximum amount of financial aid. Completing the FAFSA late can cause delays in financial aid processing and, since some awards are limited, may limit the financial aid a student will receive.
More information about applying for aid can be found on our FAQ page.
Cost of Attendance
Cost of Attendance
A standard cost of attendance (or budget) is estimated for all students based on degree status, residency and enrollment. Visit our Cost of Attendance page for a breakdown of the budget.
Loans
Loans
Federal loans are available to students and parents of dependent undergraduates. You must first complete the FAFSA to be considered for federal loan eligibility.
- There are three loan options available to students:
- Federal Direct Stafford Loan – May be subsidized or unsubsidized depending on need. Annual eligibility is determined by class level.
- Federal Perkins Loan – Available only to students who have received a Perkins loan in the past.
- Federal Direct Graduate PLUS Loan – This is a credit based loan available to graduate students. You can access the application here.
Parents of dependent undergrads may apply for a Federal Direct Parent PLUS Loan. This is a credit based loan through the Department of Education.
Non-federal Private loans are another option if you need additional funding.
Grants
Grants
Our office awards need-based federal and, for Indiana residents, state grants to eligible students. The FAFSA is the application for these grants. To be considered for the most aid, you should complete the FAFSA by March 10th each year. Students are awarded grants for which they qualify before they are awarded loans. More information about specific grant programs can be found on our Grants page.
Scholarships
Scholarships
Scholarships may be awarded based on merit, financial need, or a combination of both. The Office of Student Financial Assistance does not award scholarships.
Visit the Office of Scholarships web site for information about Automatic Academic Scholarships awarded through the admissions process. Information about Selective Scholarships can also be found here.
There are a number of online scholarship search engines. You can also look for organizations throughout your community that may have scholarship opportunities available.
Work-Study
Work-Study
Federal Work-Study (FWS) enables eligible students to acquire work-study jobs, the wages for which are largely funded by the federal government. FWS recipients find their own jobs, either on campus or in the community. Although FWS appears as part of a student's financial aid package, earnings do not credit directly to the Bursar; rather, the student earns a paycheck based on an hourly pay rate (wages vary but are never below minimum wage).
Even if you are not awarded Work-Study you can still find a job on or near campus. Work-Study jobs and non-work-study jobs are essentially the same as far as the type of work and the rate of pay. However, the federal government pays a portion of the wages for a work-study student. This can be an advantage to the employer who may be able to hire multiple work-study employees for the cost of one non-work-study employee. Visit the Career Development Center site to search for non-work-study employment opportunities.
For more information about Work-Study, visit our Federal Work-Study page.
Still looking for an answer?
Still looking for an answer?
If you haven't been able to find the answer to your question, please contact us! We're happy to help.
Drop us an email.
Give us a call
9:00-4:00 Monday-Friday
Tel: (812) 855-0321
Fax: (812) 855-7615
Email the Web Team
Report a broken link, make a suggestion, give us feedback. We welcome your comments.
Visit our office
9-4 Monday-Friday
Office of Student Financial Assistance
Indiana University
Franklin Hall 208
601 E. Kirkwood
Bloomington, IN 47405-1223
For directions to Franklin Hall, visit the Indiana University Campus Map or Google maps. For directions and information on visiting Bloomington, go to the Indiana Visitors Guide.
Complaints/Concerns
If you wish to express a complaint or concern
about the Office of Student Financial Assistance, contact:
Director
Office of Student Financial Assistance
Franklin Hall 208
601 East Kirkwood Avenue
Bloomington, Indiana 47405-1223
Phone: (812) 855-0321
Fax: (812) 855-7615
E-mail: blfinaid@indiana.edu
If you wish to express a complaint or concern
about federal aid policies and/or federal aid processes, contact:
Office of the Ombudsman
U.S. Department of Education
ROB-3
Room 3012
7th and D St. SW
Washington, D.C. 20202-5144
Phone: 1-877-557-2575 or (202) 401-4498
Fax: (202) 260-1297
Web Address: http://www.ombudsman.ed.gov/
