Applying for Need-Based Grants & Aid
To apply for need-based grants and aid, you must fill out the Free Application for Federal Student Aid (FAFSA).The Free Application for Federal Student Aid (FAFSA) is your ticket to federal, state and institutional (from your college) aid. Anyone who will be enrolled in college the following fall should file the FAFSA, including high school seniors and returning college students. You should file the FAFSA even if you're not sure if you will enroll, or if you are currently in college. You'll never know your financial aid package if you don't file the FAFSA. After filing your FAFSA, your college will be able to tell you which scholarships and grants you could receive as well as how much money you can borrow.
Sources of Need-Based Grants & Aid
The Federal GovernmentThe federal government is the largest source of need-based gift aid, primarily in the form of grants.The state of IndianaVisit the Indiana Division of Student Financial Aid (SFA) to learn about the grant and scholarship opportunities available to you as an Indiana resident. Listed below are a few:CollegesMany colleges offer grants and scholarships to their students.
Private OrganizationsMany companies, foundations, community organizations and clubs sponsor grants or scholarships. Grants and scholarships from these private organizations are called outside, or private, scholarships.
- These may be merit based or need based, or a combination of the two.
- Colleges may have stricter requirements for keeping a scholarship than do other sources of scholarships.