Many IU undergraduates receive one or more types of financial
aid.
There are two primary ways that students can receive financial
assistance at IU: merit scholarships and need-based financial aid.
Incoming freshmen will be considered for the vast number of merit
scholarships based on their application for admission.
Financial aid refers to the wide variety of programs that help students
and their families pay for college. It's available in three forms:
- Grants and scholarships, which do not have to be repaid
- Loans, which have to be repaid
- Work-study, which provides aid in exchange for work, usually in the
form of campus-based employment
Almost all aid provided by the federal government is awarded based on
your ability to pay for college. This is not to say, however, that all aid
is need-based. IU awards millions of dollars a year in scholarships to
students who demonstrate exceptional academic potential.
In short, don't count yourself out on financial aid. IU participates in
every federal grant, loan, and employment program, in addition to our own
programs.
For complete information on scholarships and financial aid, visit our
Office of Student
Financial Assistance.
