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金融援助 Notification (风扇)

Welcome to Indiana State University!  Once we receive your Free Application for Federal Student 援助 (FAFSA) you will soon receive a 金融援助 Notification in the mail.  This personalized financial aid package will help you prepare for Indiana State 和 get ready to invest in your bright future.  You might have a million questions about financial aid – that is why we are here to help!  Below is a quick guide to walk you through the financial aid process, explain the different types of aid 和 help you underst和 the terminology.  Our website has many resources to assist you, take a look around.

Your Quick Guide to 金融援助

规划 A. Review Your Awards

The 金融援助 Notification (风扇) packet can also be viewed in your MyISU门户 account. The MyISU portal is your go-to resource for real-time information about your financial aid status, 需求, account balance 和 awards.

Check out these spots for more information on the MyISU门户 Assistance or Decoding the FAN packet!

 

Envelope_120 B. Underst和 the 援助的种类

Think about which financial options cover your expenses 和 minimize debt. There are many types of aid available at Indiana State!

  1. 奖助金: A form of “gift aid” that does not need to be repaid. 奖助金 are awarded based on financial need calculated from information in your FAFSA. For more information >>
  2. 奖学金: A form of “gift aid” that does not need to be repaid. They’re typically awarded based on merit, such as academic performance, artistic talent, athletic abilities, or other criteria. If you receive outside scholarships (awarded by organizations other than ISU, Federal or State 政府ernments), inform the Office of Student 金融援助 with the Scholarship Notification Form.  Some scholarships require at least 30 credit hours an academic year to maintain eligibility.  For more information >>
  3. 贷款: A form of "self-help aid" or borrowed money from federal or private lenders that must be repaid with interest. Federal 政府ernment loans include: Federal Direct Subsidized Loans, Federal Direct Unsubsidized Loans, Federal Direct Parent PLUS Loans, 和 Federal Direct 研究生 PLUS Loans.  Private lenders are through Alternative Loans. For more information >>
  4. Federal Work Study: Work-study is a federally funded program that allows you to work a part-time job to earn money for college. Work-study awards are based on financial need. These jobs can be found both on-campus 和 in the local community with help from the Indiana State University 职业中心.  For more information >>
  5. Want More Information? Learn more about the available types of financial aid at www.ind澳门赌场玩法官网.edu/financial-aid/types!

 

移动PC C. Your Next Steps

Check your MyISU portal often for any additional documentation that may be required to receive your aid.  Our priority processing date is July 1 to guarantee your file will be ready by the start of the fall semester (Spring semester = November 15th | Summer semester = April 15th).

  1. Complete Your 援助 File
    You must submit the requested financial aid documents, located under Unsatisfied Requirements in the MyISU portal, before we can finalize your financial aid.
  2. Verify Your Information
    Verification is a process in which some students are selected by the 部门 of Education to verify the information provided on their Free Application for Federal Student 援助 (FAFSA).  If you are seleceted for 验证 you must complete all required doucments in the MyISU门户 before you make a loan decision.
  3. Review Your 金融援助 Notification (风扇)
    This packet is mailed to your address 和 includes a notification of the estimates for both your college expenses 和 financial aid for the academic year (based off the FAFSA).
  4. Scholarship Notification
    If you are receiving a scholarship from a source other than Indiana State University, the Federal 政府ernment or the State of Indiana, be sure to complete a Scholarship Notification Form.  No need to notify us of Federal Pell Grant, 21st Century Scholars, Indiana Higher Education Awards (IHEA) or Athletic 援助.  
  5. Accept or Decline Your Direct Loans
    Accept or decline your Federal Direct Loans in your MyISU portal starting July.  Any student who accepts these loans must complete the Master Promissory Note (或然数)和 Direct Loan Entrance Counseling 和 Annual Student Loan Acknowledgement*  at Student援助.政府. If your file is not completed you risk not being able to accept your loans; check your MyISU portal for unsatisfied 需求. (*可选)
  6. View Your Bill
    Most students will received their Fall semester bill in July 和 Spring semester bill in mid-December via the 在线 Bill Pay Quick Link (access through the MyISU门户).  援助 will not disburse until closer to the start of the semester.
  7. Receive Your 援助
    Most institutional, 澳门赌场玩法官网, 和 federal aid is disbursed approximately one week prior to the start of the semester, pending a complete financial aid file.  Each semester, half of your aid will automatically be applied to your bill.  Excess funds may be refunded to you by check or via Direct Deposit to your bank. Click here to read When to Expect a Refund.
  8. 付款计划
    You can find your bill for Direct Cost in your MyISU门户 or 在线 Bill Pay Quick Link.  You can pay with one of three payment plans.  欲知详情,请浏览 ind澳门赌场玩法官网.edu/payment-plans.
  9. Enrollment Status
    Your enrollment status is a classification based on the number of credit hours you're taking.  Your enrollment status may determine your eligibility for some financial aid.  Some awards require students to complete at least 30 credit hours per academic year.

    Chart_Fin援助_Enrollment

 

日历 D. Review Your ISU Checklist

 

资源

资源 for 金融援助

There are many resources available on this website to help you with your 金融援助 questions.  Here are a few links that may assist you:

 

Still can't find your answers?  澳门合法赌场官网!

 

 

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