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Transfer 101

Keeping Your Aid



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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.


  1. 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 scholarships.
     
  2. Study. You need to earn at least a 2.0 GPA to keep your aid. Higher GPA requirements apply for scholarship renewal.
     
  3. 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.
     
  4. 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.
     
  5. 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.

Related links:  Satisfactory academic progress policy  |  Special circumstances  |  Sycamore emergency loan  |  Withdrawal policy

Contact

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