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Frank O'Bannon Grant


The Frank O'Bannon Grant (formerly the Indiana Higher Education Grant) receives its funding through appropriations made by the Indiana General Assembly.


Eligibility


The student must:

  1. Be enrolled in 12 credit hours of course instruction on the 28th day of class;
  2. Be working toward his or her first bachelor's degree;
  3. Have made any FAFSA corrections, such as signatures, by May 15;
  4. Demonstrate significant financial need;
  5. Be an Indiana resident; and
  6. Have submitted a valid FAFSA (Free Application for Federal Student Aid) by March 10, with ISU as the first choice school. ISU's school code is 001807.

Amounts

  • Varies per year in accordance with state appropriations, the type of high school diploma that the student received, and the Expected Family Contribution as determined by the FAFSA
     
  • Restricted to tuition and fees only
     
  • Ranges from $400-$3,912
     
  • Valid for 8 semesters of full-time enrollment, and must be used within 8 years of initial application
     
  • Students beginning their undergraduate degrees after June 30, 2012 will be required to meet the following GPA requirements to receive the O'Bannon Grant:
    • Freshmen must meet Satisfactory Academic Progress guidelines
    • Sophomores must maintain at least a 2.25 cumulative program GPA
    • Juniors and seniors must maintain at least a 2.5 cumulative program GPA
       

Notification and Disbursement


If eligible, the Frank O'Bannon Grant will be listed on the student's award notification as well as posted to the MyISU Portal account. Funds are applied directly to the student's ISU account approximately ten days before the start of the applicable semester.

Contact

Student Financial Aid
220 North 7th Street
150 Tirey Hall
Indiana State University
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