Frank O’ Bannon Grant
The Frank O’Bannon Grant includes both the Higher Education Award and the Freedom of Choice Award. The grant is designed to provide access for students who are Indiana residents to attend eligible public, private, and proprietary postsecondary institutions. Eligibility for the grant is based on financial need as determined by the FAFSA. The grant may be used toward tuition and regularly assessed fees.
PROGRAM REQUIREMENTS
- Must be an Indiana resident by December 31st the year prior to applying for aid (i.e. December 31, 2022 for the 2023-2024 school year)
- Must remain a resident throughout academic year.
- Must be a U.S. Citizen or eligible non-citizen;
- Must be a high school graduate or hold a GED;
- Must attend, or plan to attend, an eligible Indiana postsecondary institution;
- Must be enrolled, or plan to enroll, in a course of study leading to an associates or first bachelor’s degree; or must be seeking a certificate at Ivy Tech Community College or Vincennes University;
- Must be a full-time student, or plan to enroll as a full-time student;
- Must abide by credit completion requirements each academic year to renew award:
- 24-29 credit hours earned will result in a ‘Full-time‘ award amount
- 30 or more credit hours earned will result in an ‘On-time‘ award amount (i.e. maximum award)
- Must meet SAP (Satisfactory Academic Progress) requirements as determined by the institution the student is attending.
- In some cases, degree-seeking students may use the Frank O’Bannon grant during the summer while enrolled part-time. Refer to the specific guidelines for using the Frank O’Bannon grant during summer terms.
- File the FAFSA by the April 15th deadline each year.
- Students apply by completing the FAFSA by the deadline.