The first thing you need to do to get financial aid is fill out the Free Application for Federal Student Aid (FAFSA) form, which will determine your eligibility for loans, grants, work-study, and some scholarships. We will use your FAFSA to create a “financial aid notification” that details the types and amounts of financial aid you qualify for.
Get help paying for college
Changes are coming to the Free Application for Federal Student Aid (FAFSA) for the 2024-25 aid year. Please review the following information to help prepare.
The FAFSA will determine your eligibility for loans, grants, work-study, and some scholarships. File at the Federal Student Aid website using our school code 001817. For the best chance of receiving maximum financial aid, complete the FAFSA as soon as possible. The priority deadline is April 15 for Indiana residents. (If you don't meet that deadline, you should still file.)
If the parents of a dependent student are not married, the parent who provides the greater portion of the student’s financial support is used on the FAFSA even if the student lives with the other parent or the other parent has custody. Dependent students will complete their section of the FAFSA first, then indicate which parent(s) should be invited via email to complete their parts of the FAFSA.
- One parent (if single parent) or if parents are married and filed joint 2022 tax returns.
- Two parents (if parents married, filed separately in 2022).Each parent will need FSA IDs. This includes stepparents if the parent completing the FAFSA is married.
- For other parent situations not listed above, refer to the FAFSA for instructions.
- If you are married and filed separately in 2022, invite your spouse. They will need an FSA ID.
All students and parent(s) contributing to the FAFSA must provide consent on the 2024-25 FAFSA to have their 2022 tax information released from the IRS to the Department of Education. Consent to share tax information is now required from every person completing the FAFSA. If consent is not given or is withdrawn, the student is ineligible for financial aid. Students or parents who are non-tax filers must still provide consent and enter income data manually.
Expected Family Contribution (EFC) is being replaced with the Student Aid Index (SAI). Things to note on the SAI for 2024-25:
- Separate calculations are now utilized for determining SAI and Pell Grant eligibility, with new data elements being used in each formula.
- Having multiple family members in college is no longer factored into the calculation of the SAI.
- Details such as net worth of farms (excluding primary residences) and small businesses are now required to be reported.
- There are new rules to determine who is exempt from providing asset information.
Students will now be considered for one of three types of Pell Grants: maximum, minimum, or a calculated Pell amount. Eligibility is now based on dependency status, family size, parent’s marital status, income (AGI), a multiplier of the federal poverty level, and enrollment status. All students enrolled for at least one credit hour will now receive consideration for a Pell Grant.
2024-25 FAFSA FAQ’s – Check out this playlist to help find answers to common questions to help you get ready for the 2024-25 FAFSA.
How to Prepare for the 2024-25 FAFSA Form – This webinar will help participants learn about federal financial aid eligibility, how to create an FSA ID, key changes, and how to complete the 2024-25 FAFSA form.
Dependent Student: 2024-25 FAFSA Prototype Preview – This webinar will guide participants through a demonstration of the 2024-2025 FAFSA form.
Independent Student: 2024-25 FAFSA Prototype Preview – This webinar will guide participants through a demonstration of the 2024-2025 FAFSA form as an independent student and provisional independent status.
2024-2025 FAFSA Contributor Prep - The webinar will provide information on identifying who is a contributor, how to create a StudentAid.gov account username and password (FSA ID), and the new consent and approval requirement.
Federal Student Aid Estimator – Provides an estimate of how much student aid the student may be eligible to receive.
Federal Student Aid – Official website for the U.S. Department of Education Office of Federal Student Aid.
FAFSA Simplification Act – Official website for the U.S. Department of Education Office of Federal Student Aid regarding the FAFSA changes made.
Contact Student Central for help filing your FAFSA. Schedule an appointment online or call (812) 941-2100 for help scheduling an appointment.
The Federal Department of Education has announced that FAFSA data will not be released to schools until mid-March 2024. Due to this processing delay, we currently cannot confirm if it has been submitted or access any information pertaining to your FAFSA. As soon as we are able to access your information, updates regarding the status of your FAFSA will be sent to your IU email and your To Do List.
Make a plan
For priority awarding, be sure to fill out a new FAFSA between October 1 and April 15 each year. The 2024-2025 FAFSA is available now at the Federal Student Aid website. File as soon as possible.
School Code
001817
Apply for Scholarships
Search "Scholarships" in your ONE.IU.edu account