Financial Aid & Scholarships
Think you can’t afford to go to college? Think again! IUPUC is one of the state’s best educational values.
Even with the cost of tuition, books, transportation, and other expenses, the investment you make in your education will pay off in higher income over the course of your lifetime. On average, adults with a bachelor’s degree will earn more than $1 million more than those with a high school diploma alone. In fact, those who have bachelor’s degrees will earn about $2.27 million during their life, compared with $1.3 million for those who only have high school diplomas (The College Payoff, 2011).
We want you to concentrate on your studies—not worry about how to pay for them. When you have decided IUPUC is the right university for you, we can help you find the resources you need to earn a degree, like need-based financial aid, scholarships, student loans, grants, or work-study employment.
Financial Aid Process
Financial aid is available from the federal government, the state, the university, or nonprofit and private organizations. You may also be eligible for aid if you have served in the military, or if you are the spouse or a child of a veteran.
- For complete details, including how to prepare for college, types of federal aid available, who is eligible to receive federal aid, how to apply for aid, and loan repayment information, explore the U.S. Department of Education’s Office of Federal Student Aid website, which includes a useful glossary of terms.
There is no age limit when it comes to receiving federal aid and most students are eligible. In general, you must demonstrate you have financial need, are a U.S. citizen or eligible noncitizen, and are enrolled in an eligible degree program. For details, review the basic eligibility criteria.
STEP 1: Complete the FAFSA
The Office of Federal Student Aid provides more than $150 billion in grants, loans, and work-study funds each year. To determine whether you are eligible for these funds, the first step is to complete the Free Application for Federal Student Aid (FAFSA).
- Submit a completed FAFSA as soon as possible after January 1 to receive full consideration for federal, state, and university aid.
- IUPUC’s school code is E01033, which you will enter on the FAFSA form.
- When you complete the FAFSA, you are applying for aid for the upcoming academic year. In order to receive financial the next year, you must submit the FAFSA form for that year. You must complete a FAFSA for each year in which you want to receive aid.
- The FAFSA website makes it easy to submit your renewal. The renewal FAFSA remembers the income tax data you reported the previous year and pre-populates the renewal form with your information, which saves time and makes the process more convenient.
STEP 2: Know the Details & Meet Due Dates
Be aware of important details and due dates for being admitted to IUPUC. Provide additional documentation that may be required as requested. Once we have reviewed your FAFSA information, application for admission, and other material, we can combine various types of aid into a package that will help you meet your educational expenses.
If you have questions, can’t find the information you need, or want a personal appointment with a financial aid staff member, contact us.