University of Indianapolis Scholarships: A Comprehensive Guide

The University of Indianapolis (UIndy) is committed to making higher education accessible through a variety of scholarships and financial aid options. These awards recognize academic achievement, talent, and financial need, helping students pursue their educational goals. This article provides a detailed overview of the scholarships available at UIndy, eligibility requirements, and renewal criteria.

Merit Scholarships for First-Year Students

All first-year students applying for admission to UIndy are automatically considered for merit-based scholarships. These scholarships are awarded based on academic achievements, such as GPA. The university awards the highest merit scholarship for which a student is eligible according to the established academic criteria.

It is important to note that the dollar amounts associated with these scholarships are subject to change.

Scholarships for Transfer Students

UIndy also offers significant financial aid assistance to transfer students. Eligibility for these scholarships is based on the number of transferable university-level credit hours and the student's grade point average. Similar to first-year students, transfer students are awarded the highest merit scholarship for which they qualify based on academic criteria.

Understanding Award Combinations and Limitations

The UIndy merit scholarship can be combined with other forms of gift aid, such as talent awards in areas like art, music, theatre, and speech. However, the combination of all gift aid, including merit scholarships and talent awards, cannot exceed the total cost of university-assessed charges.

For commuter students, this cost includes tuition and a standard book allowance. For students living in campus housing, the cost includes tuition, a standard double or triple occupancy room (excluding certain residence halls with higher costs), a 14-meal plan, and a standard book allowance.

Several NCAA and UIndy policies apply to students receiving Athletic Grants. If minimum academic thresholds for class rank, GPA and test scores are achieved, Athletic Grants may be combined with UIndy merit scholarships. Athletic Grants in combination with all other gift aid may not exceed the cost of tuition for a commuter student or tuition, room and board for a student living in an on-campus residence hall. Athletic Grants may not be used to pay the charge for a single room including East Hall (which are all single rooms), Greyhound Village Apartments (all single rooms), The Lofts, and College Crossing.

External Scholarships

In addition to UIndy's internal scholarships, students are encouraged to explore scholarship opportunities from outside sources. These external scholarships can further reduce the overall cost of education.

Scholarships and Grants

University of Indianapolis academic scholarships and grants are awarded to full-time students regardless of financial need.

Specific Scholarship Programs

Herbert G. R.B.

This scholarship is specifically for first-year engineering students enrolling at UIndy who have participated in Project Lead The Way (PLTW) in high school. To be considered for this scholarship, students must apply for admission by November 1.

Read also: History of the Block 'M'

UIndy Momentum Award

The UIndy Momentum Award is an institutional grant available to eligible Indiana freshmen who qualify for the Frank O’Bannon Grant or 21st Century Scholarship and have a FAFSA Student Aid Index (SAI) of 0 to -1500. Award eligibility and amounts are determined annually and are based on the student’s total financial aid package, including federal, state, institutional, and external resources. Award amounts vary and are applied toward tuition. Awards are not automatically renewed.

University of Indianapolis Grant

The University of Indianapolis Grant is a need-based award for undergraduate students who demonstrate financial need, as determined by the Free Application for Federal Student Aid (FAFSA). Award amounts vary based on information provided on the FAFSA, the student’s housing status, and the University’s Cost of Attendance. The grant is calculated as a percentage of these costs and may not cover a student’s full financial need. The University of Indianapolis Grant is not automatically renewed.

Important Considerations

Precedence of Awards: With the exception of the Legacy Award, the highest award takes precedence over lesser awards.
Non-Transferability: UIndy merit scholarships cannot be used to cover tuition costs at another institution.
Graduate Studies: All merit aid awarded for undergraduate study is not available for graduate study in any program.
Renewal Requirements: Many scholarships and grants are not automatically renewed. Students must meet specific academic and financial criteria to maintain their eligibility.
Financial Aid for Master's & Doctoral Students: Graduate students should explore Financial Aid for Master's & Doctoral Students for information about available aid.

Read also: Legacy of Fordham University

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