Many students are not aware that there are steps to undertake to ensure that they maintain eligibility from year to year.
Following are general guidelines for keeping financial aid as an undergraduate. If you have a question, please ask us.
Go to class. If you never attend your classes, you will not be eligible to receive aid. The same rule applies if you
withdraw from courses or even audit courses. You must be enrolled in at least 6 credit hours to receive loans, 12 for
Study. You need to earn at least a 2.0 GPA to keep your aid. Higher GPA requirements apply for scholarship renewal.
Reapply for aid as soon as possible after January 1 each year. Funding rules are subject to change on a yearly basis,
so the earlier you apply, the better.
Many scholarships are renewed automatically. For ISU scholarships from the Office of Admissions, renewal criteria
is posted at rules and regulations. For other awards, check with the organization awarding your scholarship for renewal procedures and criteria.
Stay in touch. If a situation arises in which you have financial difficulty, need to completely withdraw,
or encounter an emergency, we may be able to help.