Unlike federal and private student loans, grants are gifts and they do not need to be repaid. Grants can come from the U.S. Department of Education, the State of Indiana, and (less frequently) private or nonprofit organizations.
Be aware that if you withdraw from school before finishing the enrollment period (i.e., semester or academic year), you may have to pay back part or all of a grant.
You may be eligible for grants from the State of Indiana through the Division of Student Financial Aid (SFA).
To find grants from private, civic, corporate, and other gifting agencies, start your research early and meet the deadlines. Make sure the offers are legitimate. Never pay a service to have others find grants, scholarships, or financial aid for you. Try free sources of information about grants and financial aid:
- Your high school counselor
- Your library’s reference section
- Foundations, religious or community organizations, local businesses, civic groups
- Organizations, including professional associations, related to your field of interest
- Multicultural organizations
- Your employer or your parent’s employer