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Ivy Tech is more affordable than you think

You might be eligible for a lot more financial aid than you’d expect—including scholarships that don’t need to be paid back. Get started early so you can make the most of the aid available to you and ensure your aid is available by the first day of class! 

In Indiana, most financial aid sources use the FAFSA (Free Application for Federal Student Aid) to determine the amount of money each student is eligible to receive. The steps listed below will help you complete the financial aid process.

Students and parents can complete the FAFSA at any time online at fafsa.ed.gov. Each FAFSA covers the upcoming Fall, Spring and Summer semesters (for example, the 2016–17 FAFSA is for the Fall 2016, Spring 2017, and Summer 2017 semesters).

Here are the steps you need to follow (and the dates you need to follow them by) to get the money for which you qualify.

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Complete your 2015 Tax Return
This will make completing your FAFSA easier.

Complete your tax return >

Plan Ahead
Get your FAFSA in early to apply for state grants.

Complete your FAFSA >

Complete your FAFSA
Free Application For Student Aid

Complete your FAFSA >

Requesting a Federal Direct Student Loan
Through the Department of Education website.

Request Student Loan >

Requesting a Federal PLUS Loan
Federal Direct Parent Loan for Undergraduate Students.

Request PLUS Loan >

Don’t worry, financial aid is still available. Indiana residents are encouraged to file their FAFSA each year by March 10 for the upcoming school year to be considered for Indiana State grants (Higher Education Award/Frank O'Bannon Grant, 21st Century Scholars, etc.), but students can still complete the FAFSA after March 10 to be considered for federal and institutional financial aid awards. 

If you don’t qualify for federal or state grant aid, scholarships are still an option. We offer more than $6 million in scholarships and student aid  per year. 

We understand the importance of estimating how much aid you may qualify to receive. There are several online services that provide calculators including FinAid.org and FastWeb.

 

 

Complete your 2015 Tax Return

Complete your taxes approximately three weeks prior to submitting your FAFSA. Mid-February is the best time to complete your taxes so you'll be ready for the March 10 deadline for state grants. Can't make the March 10th deadline? Don't worry, federal and institutional financial aid awards don’t have a deadline and are available at any time.

The IRS is accepting tax returns starting January 20 so file early! Use the IRS import option. This automatically populates your FAFSA with information from your tax return saving you time and effort. Failure to use this option may result in a delay of your financial aid.

 

 

Plan Ahead

IMPORTANT: The FAFSA must be received by March 10 to be considered for state aid. Can't make the March 10th deadline? Don't worry, federal and institutional financial aid awards are still available.

You will need to know some information to fill out the FAFSA. Use this list to gather the appropriate documents before you begin.

Complete your FAFSA

Keep in mind…you’ll need to gather some information before you fill out the FAFSA.

Complete online at fafsa.gov. Ivy Tech's School Code is 009917. To save yourself some time, use the IRS import option to automatically populate your FAFSA with information from your tax return. Failure to use this option may result in a delay of your financial aid.

Complete the FAFSA over the phone at (800) 4-FED-AID. Ivy Tech's School Code is 009917.

Once you've completed the FAFSA, a Student Aid Report (SAR) will be generated by the U.S. Department of Education. If you have listed our school code 009917, we will receive an electronic copy.

If you're selected for Verification, you'll be required to complete a Verification Worksheet and other financial forms before aid can be processed or disbursed. Make sure you turn in all required forms to avoid processing delays.

Requesting a Federal Direct Student Loan

Complete your MPN electronically at the Department of Education's website studentloans.gov. You'll be required to use your Federal Student Aid (FSA) ID – username and password. If you don't have an FSA ID, please visit StudentAid.gov/fsaid. NOTE: Failure to complete loan counseling will prevent timely disbursements and refunds.

To ensure that you understand the responsibility and the obligation you assume when accepting a Federal Direct Student Loan, the Department of Education requires you to participate in loan counseling prior to receiving your first disbursement. Entrance counseling is required of all first time borrowers. If you have already completed entrance counseling, you will not be required to retake counseling. Complete entrance counseling online by visiting studentloans.gov and sign in using your FSA ID. Click on “Complete Entrance Counseling” and follow the steps to complete this process. NOTE: Failure to complete loan counseling will prevent timely disbursements and refunds.

Ivy Tech participates in the Federal Direct Student Loan Program, which allows students to borrow money directly from the Federal government to pay for education related expenses. A Federal Direct Student Loan is not gift aid; the money you borrow will have to be repaid with any interest that has accrued. Borrow only much as you absolutely need. Learn more about the Federal Direct Student Loan Request.

Requesting a Federal PLUS Loan

Apply online at the Department of Education's website studentloans.gov. If you're borrowing Direct PLUS Loans for more than one student, you'll need to complete a separate MPN for each one. To complete an MPN online, you'll be required to use your Federal Student Aid (FSA) ID – username and password. If you don't have an FSA ID, please visit StudentAid.gov/fsaid.

FAFSA School Code

009917 (all campuses)

Priority Dates

These are the deadlines for students to complete their financial aid requirements, including turning in any necessary paperwork to their regional financial aid office. For Fall 2016, if all the requirements have been met, aid will be awarded to a student’s account by August 12.

  • December 1 (Spring Term)
  • May 1 (Summer Term)
  • July 15 (Fall Term)
CAMPUS CONTACT INFORMATION

Select the campus nearest you from the menu above for more information about local resources available.