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The cost of tuition, books and supplies might seem a little scary, but there are many sources of financial aid available to make financing your education a little easier. In Indiana, most financial aid sources use the FAFSA (Free Application for Federal Student Aid) to determine the amount of money each student is eligible to receive.

This checklist will help you complete the financial aid process. Plan ahead! The FAFSA must be received by March 10.

Apply for Admissions

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Plan Ahead - DEADLINE MARCH 10

• IMPORTANT: The FAFSA must be RECEIVED by March 10 to be considered for state aid.
• You will need to know some information to fill out the FAFSA. Use this list to gather the appropriate documents before you begin.

Complete your FAFSA (Free Application for Financial Student Aid)

• Complete online at www.fafsa.ed.gov
• Once you've completed the FAFSA, a Student Aid Report (SAR) will be generated by the U.S. Department of Education. If you have listed our school code, we will receive an electronic copy.
• If you are selected for Verification, you will be required to complete a Verification Worksheet and other financial forms before aid can be processed or disbursed. Make sure you turn in all required forms, if you don't it will cause processing delays.

Applying for a Loan

• Complete online at College Lender List
• Once you select a vendor, you will begin your application through Sallie Mae.
• This step is not required if you are not applying for a loan.

Applying for a Loan: Complete Entrance Loan Counseling

• First time borrowers and new students must complete. Follow instructions on the lender's website.
• NOTE: Failure to complete this will delay disbursements.

Applying for a Loan: Apply for an Alternative Loan (Optional)

• If you need additional funds and have exhausted all other options, you may want to consider Alternative Loans.
• Visit your local Financial Aid office for more information and a list of lenders.

Applying for a Loan: Apply for a Parent Loan for Undergraduate Students (PLUS) Loan (optional)

• Apply online at Sallie Mae
• Refer to FAFSA online for Student Dependency

Monitor Your Financial Aid Status

• Check the status of your FAFSA application.
• Check your Financial Aid status at Ivy Tech through Campus Connect.

Important Things to Remember

• To qualify for state aid, your FAFSA must be RECEIVED by March 10.
• Remember to complete an Application for each loan program, and if you are chosen for Verification respond promptly with requested documentation. Please remember to resubmit a FAFSA for each school year.
• Federal regulations require all student loan borrowers to participate in Exit Loan Counseling whenever you drop below half-time enrollment status, withdraw, or graduate.

We understand the importance estimating how much aid you may qualify to receive. There are several online services that provide calculators including FinAid.org and FastWeb.