Eligibility Criteria for Financial Aid
Understand your options to empower your education.At UIndy, students applying for financial aid are considered by the Office of Financial Aid for all programs for which they are eligible, including federal, state, and institutional aid programs. All financial aid is based on some sort of criteria—financial need, academic performance, and more. It’s helpful to familiarize yourself with the criteria so you better understand your options and what may be available to you. Additionally, financial aid awards typically have criteria that must be maintained for each year it is awarded.
Eligibility Criteria
To be eligible for financial aid, students must:
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Be admitted to UIndy as a degree-seeking student
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Be enrolled in at least half time
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Taking at least six credit hours each semester as an undergraduate student (in some cases students enrolled in fewer than six credits may be eligible for a Federal Pell Grant)
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Taking at least 4.5 credit hours each semester as a graduate student (for master's and doctoral nursing programs at UIndy, 4.0 credit hours per semester is considered half-time status).
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Complete the FAFSA to be considered for need-based financial aid
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Have remaining annual or lifetime loan eligibility for Federal Student Loans
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Meet general eligibility requirements from the Department of Education
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Maintain Satisfactory Academic Progress standards
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Meet the requirements for individual awards
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As an undergraduate student, be enrolled in at least 12 credit hours for state grants and merit scholarships
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Requirements for awards can be found on your official aid offer
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Award Determinations
When determining your eligibility for financial aid, the following factors may be considered:
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The results of your Free Application for Federal Student Aid (FAFSA), including your Expected Family Contribution (EFC)
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Other financial aid received, including from outside sources
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Other criteria based on award program