Graduate students may be eligible for federal student loans, which offer lower interest rates
and more flexible repayment plans than most consumer loans. In addition, students can deduct student loan interest
even if they don't itemize deductions on their income tax returns.
Information and instructions for applying for federal student loans are provided below. Please note that students must apply each year. Federal aid is not automatically renewed.
To be eligible for consideration for a federal loan, a graduate student must be:
In addition, the Federal Graduate Plus Loan requires that the student be credit worthy.
In addition, graduate students may be eligible for private alternative loans.
Applying for a federal student loan starts with completing the FAFSA (Free Application for Federal Student Aid). The Federal School code for Indiana State University is 001807. For instructions (and on-line application) go to www.fafsa.gov
Note: Students who submitted a FAFSA last year, and are eligible, may choose to have most of the answers prefilled. This significantly reduces the time it takes to complete the application. For instructions, visit reapplying for federal student aid.
The University recommends filing the FAFSA as soon as possible after January 1 (and before March 1) to be considered for all possible funding sources. Applications received after March 10 will be processed; however the types of state assistance available will be limited. For important FAFSA dates, refer to these dates and deadlines.
Last updated: 7 May 2013
The Catalog of Indiana State University is the document of authority for all students. The requirements given in the Catalog supersede information issued by any academic department, program, college, or school. The University reserves the right to change the requirements at any time. The right to correct errors is also reserved.