Financial Aid by Type
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Grants....
Federal
State of Indiana USI
USI Foundation Federal Pell Grant. This is the largest federal student aid program for undergraduate students. It provides grants to the most needy students. These grants are gift aid and therefore do not have to be repaid. Pell Grants provide a "foundation" of financial aid to which other types of assistance may be added.
Students apply for
Pell Grants by completing the Free Application for Federal Student
Aid (FAFSA). As a result of applying for the Pell Grant, the student
will receive a Student Aid Report (SAR). The SAR must be checked by
the student for correctness and any errors reported to the Student
Financial Assistance Office.
Federal Supplemental Educational Opportunity Grant. As with Pell Grants, the SEOG program is limited to undergraduate students. Students who have met requirements for a bachelor's degree are not eligible for either program. Supplemental Grants are available to exceptionally needy students who complete the FAFSA and submit all required documentation before the published deadline. State of Indiana Grants Hoosier Scholar Award. These awards are cash grants made to select freshman applicants who are nominated by their high school using guidelines established by the State Student Assistance Commission of Indiana (SSACI). Financial need is not a consideration and the awards are not renewable. Hoosier Scholar Awards may be used at eligible Indiana institutions such as USI in the academic year following high school graduation. Higher Education Award. HEAs are awarded on the basis of need and are restricted to payment of academic year tuition. Application is made on the FAFSA by releasing FAFSA data to an eligible Indiana institution such as USI. The priority filing deadline is March 1 prior to the academic year for which the aid is being requested. The FAFSA must be received by the federal processor by March 10 to be considered on time. Indiana National Guard Supplemental Grant. Grants are awarded to eligible members of the Indiana National Guard and are restricted to payment of academic year tuition. Application is made on the FAFSA by releasing FAFSA data to an eligible Indiana institution such as USI. The priority filing deadline is March 1 prior to the academic year for which the aid is being requested. The FAFSA must be received by the federal processor by March 10 to be considered on time. Minority Teacher Scholarship. State funded and administered by the University, Minority Teacher Scholarships are awarded to outstanding black or Hispanic students majoring in education. Recipients must be Indiana residents who are enrolled or will enroll full-time. Applications are available in the USI Teacher Education Department and in the Student Financial Assistance Office. The application deadline is May 1.
Nursing Scholarship
Fund Program. Tuition-only scholarships are available to Indiana
residents who are or will be enrolled in the first- or second-year
nursing program. Recipients must be enrolled at least half-time (6
semester hours) and demonstrate financial need by completing the
FAFSA. Applications are available in the School of Nursing and
Health Professions and the Student Financial Assistance Office. The
application deadline is May 1. In addition, the FAFSA must be
received by the federal processor by March 10 to be considered on
time.
Vocational
Rehabilitation Education Assistance.
Indiana Rehabilitation Services provide educational assistance to
eligible Indiana residents through the Vocational Rehabilitation
Division. The Student Financial Assistance Office will coordinate
this assistance with other types of aid which may be available.
Students should contact the Vocational Rehabilitation Division
Office in their region if they think they might qualify for
rehabilitative services. Vocational Rehabilitation is listed under
"Family and Social Services" in the State Offices section of the
phone directory.
Applications are available in the Student Financial Assistance
Office and must be certified by the Indiana Department of Veterans'
Affairs in Indianapolis. Student applicants must provide a copy of
their birth certificate if the veteran's surname is different from
their own. Room, board, and books are not covered.
Child of POW/MIA
(CDV). State universities in Indiana waive all tuition and
instructional fees for the child of any person who was a resident of
Indiana at the time of entry into the U.S. Armed Forces and was
classified as a prisoner of war or missing in action after January
1, 1960. Eligible children must have been born before or during the
time parent served as a POW or was declared MIA.
Child of Indiana
Police Officer or Firefighter Killed in the Line of Duty (CVO).
State universities in Indiana waive tuition and
certain mandatory fees for the children and spouses of Indiana
police officers, firefighters, or EMTs killed or permanently and
totally disabled in the line of duty. USI waives full tuition and
certain mandatory fees for a maximum of 124 semester hours of study
(through age 23 for children). This benefit may be used for
undergraduate or graduate study. Full-time enrollment in a degree
program is required. Room, board, and books are not covered. The
Free Application for Federal Student Aid (FAFSA) is required each
year and recipients must maintain
satisfactory academic progress. University of Southern Indiana Scholarships and Grants New students are encouraged to apply for admission no later than March 1 prior to their initial fall semester to ensure consideration for all scholarships. Many scholarships also require completion of the Free Application for Federal Student Aid (FAFSA) prior to March 1 each year. Some scholarships require a separate application - they are noted below. Departmental Scholarship. The University of Southern Indiana Departmental Scholarship is intended to promote academic and creative excellence. For selected scholars, the University provides awards which waive a portion of tuition. Initially matriculating freshmen and certain community college graduates who are Indiana residents and graduates of Indiana State Department of Public Instruction commissioned high schools and who meet one of the following criteria are eligible for consideration as recipients of this award. Rank in the top ten percent of their high school graduating class and have a minimum 3.6 (on a 4-point scale) high school grade point average as determined by the USI Admission Office at the time of admission using an official high school transcript. The transcript must be no earlier than the 6th semester. (Formerly the criteria for the Scholastic Excellence Award.)
OR
OR Presidential Scholarship. Students ranked first or second in their senior class at the end of the fall semester at high schools commissioned by the Indiana State Department of Public Instruction who meet the following requirements are eligible to apply for the USI Presidential Scholarship. Applicants must have earned a combined score of 1800 or more on a single nationally-administered Scholastic Aptitude Test (SAT). (Note: An ACT composite test score of at least 27 earned under the same conditions is also acceptable.) The applicant must submit a USI Presidential Scholarship application, the USI application for admission, an official high school transcript, and SAT or ACT scores by January 15 of the student's senior year. In addition, applicants must submit the Free Application for Federal Student Aid (FAFSA) by March 1. This USI Foundation scholarship covers tuition, housing, food, and books. Ten students are selected for these competitive scholarships each year.
Deans Scholarship.
For selected scholars, the University provides awards which pay a
portion of in-state tuition (total of contingent fee, academic
facilities fee, and student services fee at the Indiana resident
rate). These awards are coordinated with other tuition-specific aid
(if applicable) to ensure that total of such aid does not exceed
actual tuition charges. Deans Scholarships are limited to a maximum
of $2,000 per academic year. Non-Resident Top Scholars Award. Initially matriculating non-resident freshman who meet the following requirements will be considered for this award on a competitive basis. A) Earn a minimum SAT score of 1700 or an ACT score of 25 on one test. AND B) At the end of the the 7th semester, rank in the Top 10% of their high school graduating class or have a 3.75 grade point average. For selected scholars, the University provides awards which pay the difference between non-resident and Indiana resident tuition. Indiana-Kentucky Reciprocal Tuition Program. Permanent legal residents of Henderson, Daviess, Hancock, and Union counties in Kentucky may pursue an undergraduate or graduate degree at USI and pay Indiana tuition rates. Students who begin their education under this program will be permitted to complete their degree with full program benefits as long they remain continually enrolled in all regular (fall/spring) terms and are otherwise eligible on the basis of residency and academic criteria. Theatre/Drama Scholarship. Individuals interested in assisting with the production of theatrical events may contact the Chair of Performing Arts Department at 812/465-1614 for information concerning theatre/drama scholarships. Athletic Scholarship. Women's sports include basketball, softball, volleyball, soccer, cross country, golf, and tennis. Men's sports include basketball, baseball, soccer, golf, tennis, and cross country. Student athletes desiring information on athletic grant-in-aid scholarships may contact the director of Athletics at 812/464-1846. Twenty-First Century Scholars Textbook Award. Students who are eligible for the Twenty-First Century Scholars award from the State of Indiana are also eligible for a $200 per year textbook award from the University of Southern Indiana beginning in the second year of attendance. These awards are renewable and may be received for a total of three years as long as student eligibility for the Twenty-First Century Scholars program continues. USI Non-Resident Grant. Fee waivers are automatically awarded to initially matriculating academically eligible students pursuing an undergraduate degree who are permanent residents of Illinois or Kentucky. Partial waiver of non-resident fees is available in all terms and does not require a minimum enrollment status. Students enrolling for the first time after spring of 2007 pay 1.5 times the undergraduate Indiana resident rate.
USI Regional Academic Scholarship. Recipients to pay 1.2 times the undergraduate Indiana resident rate in effect in any given term when residing in USI campus housing. · Minimum 2.75 high school or transfer GPA· Minimum 1500 SAT or 21 ACT · Permanent residents of Illinois or Kentucky · Require successful completion of 67 percent of all USI attempted hours and 2.5 minimum cumulative GPA for renewal · Must be enrolled in at least 9 semester hours in fall and spring with no minimum for summer · Available only to new students first enrolling after spring of 2007 · Limited to first bachelor’s degree or 136 earned hours whichever comes first · USI Regional Academic Scholarship recipients may not receive the Non-Resident Grant simultaneously with this award Spouse One-Course Option. The spouse of an eligible full-time student may enroll in his or her first USI undergraduate course at a cost of $25 plus incidental fees. Students enrolled under this option are limited to one class and must register during late registration on a space-available basis. Applications are available in the Student Financial Assistance Office and must be completed at the time of enrollment. The spouse must have earned a minimum 2.0 GPA at USI. The one-course option may not be repeated. Retired Individuals One-Course Option. Retired persons aged 60 or older may enroll in their first USI undergraduate course at a cost of $25 per semester plus incidental fees. Students enrolled under this option are limited to one class must register during late registration on a space-available basis. Applications are available in the Student Financial Assistance Office. Proof of retirement may be required and the one-course option may not be repeated. Limitation on Participation. When institutional and/or state programs provide for payment of the same fees (e.g. credit hour fee), the student will receive financial assistance from the program which pays the largest benefits. Where permitted, a combination of fee-specific awards will be used. The total award may not exceed actual fees. Students cannot apply awards to payment of fees for which the award was not intended nor receive a cash refund from tuition-specific assistance. Students who apply for admission to USI by March 1 of their senior year of high school and complete the FAFSA by March 1 are automatically considered for one of nearly 40 merit-based USI Foundation Scholarships awarded each year. Awards range from $400 to $1,600 per academic year. Scholarship recipients are notified in mid-April. It is recommended that students attach a list of extra-curricular activities and community service to their USI Admission Application. These scholarships, except as noted, are renewable based upon continued enrollment and maintenance of specific grade point minimums.
Henry and Hazel
Bennighof Scholarship. Indiana residency is required with preference given
to Vanderburgh County residents; no specific major is required;
minimum high school cumulative grade point average of 3.5 on a 4.0
scale; must show financial need by filing the FAFSA each year prior
to March 1; value $800 per academic year.
Thompson H.
Burckhartt Memorial Scholarship.
Posey County, Indiana, residency is required as well as graduation
from a Posey County high school; a major in business is required;
minimum high school cumulative grade point average of 3.5 on a 4.0
scale; must be able to demonstrate record of community and
extracurricular involvement; value $400 per academic year. Barbara Corrigan Memorial Scholarship. Indiana residency is required; a major in business or science is required; minimum high school cumulative grade point average of 3.5 on a 4.0 scale; must be able to demonstrate record of community and extracurricular involvement; value $500 per academic year.
William E. and
Rebecca N. Couch Endowment Scholarship.
Indiana, Kentucky, or Illinois residency is required; a business or
education major is required; must rank in top 15 percent of
graduating class; value $500 per academic year. Paul Grimes Memorial Scholarship. Indiana residency is required; a major in engineering or science is required; minimum high school cumulative grade point average of 3.0 on a 4.0 scale; must be able to demonstrate record of community and extracurricular involvement; value $500 per academic year.
Elmo Holder
Memorial Scholarship. Indiana residency is required; no specific major is
required; minimum high school cumulative grade point average of 3.5
on a 4.0 scale; must be able to demonstrate record of community and
extracurricular involvement; value $400 per academic year. John E. McCutchan Memorial Scholarship. Indiana residency is required; a major in business is required; minimum high school cumulative grade point average of 3.5 on a 4.0 scale; must be able to demonstrate record of community and extracurricular involvement; value $500 per academic year. Frank F. McDonald Scholarship. Indiana residency is required; no specific major is required; minimum high school cumulative grade point average of 3.5 on a 4.0 scale; must be able to demonstrate record of community and extracurricular involvement; value $500 per academic year. Mead Johnson Foundation Scholarship. Indiana residency is required; no specific major is required; minimum high school cumulative grade point average of 3.5 on a 4.0 scale; minimum SAT score of 1100 or a minimum ACT score of 25; value $1,000 per year.
Richard E. Meier
Memorial Scholarship.
Indiana residency is required; a major in business is required;
minimum high school cumulative grade point average of 3.5 on a 4.0
scale; must be able to demonstrate record of community and
extracurricular involvement; value $500 per academic year.
Optimist Club of
Eastside (Evansville).
Indiana residency is preferred but not required; entering freshman
in any major; minimum high school cumulative grade point average of
3.25 on 4.0 scale; SAT minimum of 1100 or ACT minimum of 25; must be
able to demonstrate record of extracurricular activities; must file
the Free Application for Federal Aid (FAFSA) by March 1 each year;
value $1,000 per year. F. Leo Peyronnin Memorial Scholarship. Indiana residency is preferred but not required; a major in business, engineering, nursing, or geology is required; must be entering freshman and rank in the top 15 percent of the high school graduating class; must file the FAFSA by March 1 each year; value $500 per academic year. Pott Engineering Scholarship. Indiana residency is preferred but not required; a major in engineering is required; minimum high school cumulative grade point average of 3.5 on a 4.0 scale; transfer students must also have a minimum 3.0 on a 4.0 scale college grade point average; value $1,500 per academic year.
Bernard and Lena
Powers Scholarship. Indiana residency is preferred but not required; must
be an entering freshman majoring in accounting; minimum high school
cumulative grade point average of 3.5 on a 4.0 scale; SAT minimum of
1100 or ACT minimum of 25; value $1,000 per year. Alan C. Rankin Distinguished Leadership Award. Indiana residency is required; no specific major is required; minimum high school cumulative grade point average of 3.0 on a 4.0 scale; must be able to demonstrate record of community and extracurricular involvement; value $500 per academic year.
Aline Nunn Renner
Scholarship. Tri-State (Evansville area) residency required; must
be entering freshman with major in business; minimum high school
cumulative grade point average of 3.0 on a 4.0 scale; high school
class rank in top 15 percent required; value $1,000 per year. E. Harvey and Shirley Seaman Merit Scholarship in Business. No residency requirement; must be entering freshman with a major in School of Business; minimum high school cumulative grade point average of 3.75 on a 4.0 scale; high school class rank in top 5 percent; SAT minimum of 1200 or ACT minimum of 28; value $1,000 per year. Robert W. Wallace Scholarship. No residency requirement; must be entering freshman with a major in School of Liberal Arts; minimum high school grade point average of 3.0 on a 4.0 scale; must file the Free Application for Federal Student Aid (FAFSA) before March 1 each year to document that student is from a middle income family with two or more children in college simultaneously; value $750 per year.
Wallace C. and
Kathleen Wardner Memorial Scholarship. Indiana
residency is required; a major in social science, education, or
human services is required; minimum high school cumulative grade
point average of 3.5 on a 4.0 scale; must be able to demonstrate
record of community and extracurricular involvement; value $600 per
academic year. USI Alumni Association Scholarships. The Alumni Association provides 22 scholarships each year to currently enrolled students. Applications are mailed to candidates who meet the minimum requirements. Selections are made by the Alumni Association Executive Board. These scholarships are not renewable. Student Loans and Parent Loans for Students
Federal Students may apply for a loan using the USI Stafford Loan Request Form. All students must complete the Free Application for Federal Student Aid (FAFSA) before the Stafford Loan Request Form can be certified by the University. The loan request form and required documentation should be submitted to the Student Financial Assistance Office at least two months prior to the start of the term for which the loan is being requested. The preferred filing date is on or before June 1 each year for academic year loans. For more information on Stafford Loans see Stafford Loans- What You Should Know.
Parent PLUS Loan. PLUS Loans to parents of dependent students are
available as "no-need" financial aid. Repayment begins about 30 days after the second
disbursement. For a full year loan, repayment will begin in early
February. USI PLUS Loan Request Forms are available from the USI
Student Financial Assistance office. For more information on Parent
PLUS Loans see
PLUS Loans- What You Should Know. Private or Alternative Loans. Non-governmental loans are available to qualified applicants. Some students and parents use these lenders to borrow funds in excess of federal program limits or to borrow when the student is not currently eligible for federal financial assistance. It is not recommended that you seek alternative loans until you have exhausted your eligibility for federal student loans. For information on lenders use our Alternative Loan link.
Book
Advance from Pending Aid.
Sixty-day loans (based on pending aid) will be available at the
start of the fall and spring terms in the Orr Center Lobby for registered financial
aid recipients who need help with textbook purchases. Summer loans
must be applied for at the Student Financial Assistance Office in
the Orr Center. See
Book Advance from Pending Aid for dates of availability. Students who have financial assistance credit balances in an amount sufficient to purchase books may charge books against their credit balance. This service will be available at the USI Bookstore on the dates listed for book advances but no later than the end of the first week of the term. Students who have already had their financial assistance refund checks mailed to them, in an amount sufficient to purchase books, may not receive either book advances or book charge privileges. Refund checks are usually mailed to students at their mailing addresses early in the third week of the semester. To qualify for a book advance, you must – 1) HAVE A ZERO PRIOR TERM BALANCE on your University accounts including all institutional charges and short-term book loans (unless covered in full by pending financial assistance) 2) BE IN GOOD STANDING ACADEMICALLY with the University (students who are placed on academic probation or who have been academically dismissed, including those enrolled in the Fresh Start Program, are not in good standing) 3) HAVE PAID CURRENT TERM FEES IN FULL or have sufficient financial assistance to pay these fees. 4) HAVE SUFFICIENT FINANCIAL AID TO REPAY THE BOOK ADVANCE. This also means your financial aid file must be complete (with the exception of exit interviews). Note: Book advance availability is dependent on funding and therefore may vary from term to term. Federal Work Study. This program provides jobs for undergraduate and graduate students who need financial aid. Students are paid at least minimum wage and work between 5 and 20 hours per week when school is in session. During periods of non-enrollment, eligible students may work full time. A portion of the earnings from non-enrollment periods is used to meet the student's academic year expenses and, therefore, may reduce a student's need for other assistance. Students may apply for the FWS program by completing the FAFSA and indicating Work Study as a type of aid requested on both the FAFSA and the USI Financial Aid Data Form. Preferred filing deadlines should be observed to ensure consideration of the student for these limited funds. For more information on Federal Work Study, see FWS: Frequently Asked Questions. Regular Student Employment. In addition to Federal Work Study, the University employs some students as part-time employees. Contact the Career Services and Placement Office in the Orr Center for information about non-Work Study student employment both on and off campus.
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