Indiana Financial Aid Information & Changes Division of Student Financial Aid (SFA) Indiana Commission for Higher Education

State Financial Aid Programs Need-Based Award Frank O’Bannon – Higher Education Award – Freedom of Choice Award 21 st Century Scholars Program Non Need-Based Award National Guard Supplemental Grant Children of Veteran Awards Mitch Daniels Early Graduation Scholarship

Frank O’Bannon Award Higher Education Award & Freedom of Choice The applicant must: – Be an Indiana resident by December 31, 2012 – Be a US Citizen or eligible noncitizen – Be a high school graduate or hold a GED – Attend an eligible Indiana institution – Be a full-time student – File a clean, on-time FAFSA

21 st Century Scholars Program 7 th and 8 th graders may enroll by June 30 Student’s household must have annual income of not more than amount required to qualify for federal free or reduced price lunches REMEMBER – Must matriculate to college within 1 year of high school graduation – Must file a FAFSA each year – Eligibility requirements from Frank O’Bannon award also apply to 21 st Century Scholars Program

National Guard Supplemental Grant 100% of tuition and regularly assessed fees Public institutions only Certified by Guard Unit each semester Student must be in active drilling status, cannot have been AWOL during prior year Must file FAFSA by March 10 and complete required National Guard paperwork

Children of Veteran Awards 100% of tuition and regularly assessed fees Public institutions only Eligible children of disabled Indiana veterans Eligible children of National Guard members killed while serving on state active duty Eligible children of Indiana public safety officers killed in the line of duty

Mitch Daniels Early Graduation Scholarship $4,000 scholarship to be applied toward tuition and regularly assessed fees, balance remitted to scholarship recipient To qualify, students must: – Be an Indiana resident – Meet all requirements to graduate from a publicly- supported high school at the end of the 11 th grade by July 1, 2013 – Enroll in an eligible Indiana institution within 5 months of high school graduation – File the FAFSA by the deadline (November 15, 2013) – Submit application by the deadline (September 4, 2013)

FAFSA RECEIVED by the federal processor between January 1, 2013 and March 10, 2013 Corrections received by May 15, 2013 REMEMBER – Students must file the CORRECT year’s FAFSA – Students should file a FAFSA each year by March 10 even if they are not sure whether they will be attending college – FAFSA may be filed with estimated tax information in order to meet March 10 deadline

Grade Point Average For students first entering an eligible Indiana institution after June 30, 2012 – Higher Education Award – Freedom of Choice – 21 st Century Scholarship – Child of Disabled Veteran Awards If parent enlisted after June 30, 2011

Grade Point Average Requirements – Successfully completed work of previous year Did student meet institution’s definition of Satisfactory Academic Progress? – Remains domiciled in Indiana – Meet financial need guidelines – Based on cumulative Grade Point Average, changes according to class standing

Grade Point Average Freshman – Satisfactory Academic Progress – Individual institutions’ definitions may vary Sophomore – 2.25 on 4.00 scale Junior and Senior – 2.50 on 4.00 scale

Professional Degree Four or five year postsecondary school course of study Student may be admitted without an undergraduate degree Leads to degree that is not undergraduate or graduate degree as determined by Commission Prepares holder of degree for a profession Examples: Physical Therapy, Veterinary, Pharmacy, Optometry

Associate Degree Student did not graduate with Academic Honors or Technical Honors Diploma Student receives Associate Degree from eligible Indiana institution Student then enrolls in baccalaureate program Student qualifies for Frank O’Bannon award

Eight-Year Rule Awards are only renewable, if otherwise eligible, for eight years “After date the individual first applies after July 1, 2011 and becomes eligible for benefits” SFA has defined as when student first starts taking classes

CHIPS Report students on track to earn Academic Honor and Technical Honor Diplomas DO NOT report Core 40 diploma recipients February 28, 2013: Deadline for INITIAL reporting of diploma type June 14, 2013: Deadline for FINAL updates

21 st Century Scholars Program

Regional Support Move from a direct-service model to one based on partnerships and collaborations 8 regions through the state 1 Outreach Coordinator per region

Primary charge to work with K-12 schools, postsecondary institutions and community partners to support Scholars in that region

21 st Century Scholars Program Activate the 21 st Century Scholarship As a high school senior, a 21 st Century Scholar must: – Complete an affirmation form by March 10, 2013 – Meet the state FAFSA filing deadline of March 10 and the FAFSA correction deadline of May 15 – Apply for admission to an eligible Indiana institution

21 st Century Scholars Program FAFSA and Affirmation Support County-wide 21 st Century Scholars Affirmation Nights Online senior exit presentation and affirmation (available December 1) Ambassador Program/Senior Exits Community Partners

21 st Century Scholars Program Secondary School Liaison A new support position in the central office, whose primary charge will be to serve as the contact between secondary schools and the 21 st Century Scholars Program and to provide technical assistance and general support to school personnel for enrollment, program participation and affirmation-related activities

21 st Century Scholars Program Current Grade Level/ Graduation Year Scholar Success Program High School Cumulative GPA Annual FAFSA Filing Financial Means Testing College Enrollment Guaranteed Full Tuition Scholarship Expiration Enrolled as a Scholar BEFORE June 30, (Class of 2013)Recommended2.0YesNoWithin 1 YearYes8 Years 11 (Class of 2014)Recommended2.0YesNoWithin 1 YearYes8 Years 10 (Class of 2015)Recommended2.5YesNoWithin 1 YearYes8 Years 9 (Class of 2016)Recommended2.5YesNoWithin 1 YearYes8 Years 8 (Class of 2017)Recommended2.5YesNoWithin 1 YearYes8 Years Enrolled as a Scholar AFTER June 30, (Class of 2016)Recommended2.5Yes Within 1 YearNo8 Years 8 (Class of 2017)Required2.5Yes Within 1 YearNo 8 Years 7 (Class of 2018)Required2.5Yes Within 1 YearNo8 Years

More Information Website: – Click the “Division of Student Financial Aid” link Phone: Fax: