PART-TIME GRANT PROGRAM
SSACI's Higher Education Award and Freedom of Choice grant programs are directed
at Hoosier students enrolled on a full-time basis. An identifiable percentage
of students who are enrolled less than full time have a need for financial aid
toward completion of a degree. SSACI established a program that helps degree-seeking
part-time students who have demonstrated a commitment to pursuing a higher education
at Indiana public or independent colleges. The program was expanded in 2000-2001
to allow students seeking certificates at Ivy Tech State College to receive
awards.
This program is designed to encourage part-time undergraduates to start and
complete their Associate or Baccalaureate degrees or Certificates by subsidizing
part-time tuition costs. It is a term-based award unlike those of Frank O'Bannon Grant (formerly the Indiana Higher Education Grant) Programs (the HEA and FOC Programs), which are offered as full-time
annual awards. It is specifically designed to help those undergraduates who
are taking at least 3 but less than 12 credit hours per term at an eligible
institution. The students must meet State residency requirements, have filed
a FAFSA and otherwise qualify for State aid. The part-time grant is a need-based
award. The minimum award is $50 per term. Program eligibility is determined
at the institutional level subject to approval by SSACI. First priority for
the award is given to students meeting certain income guidelines.
Although the award can be granted for all terms in an academic year, it is
calculated and awarded on a term by term basis where the number of terms are
those subsidized by SSACI in an academic year, ordinarily two or three. The
award is calculated in the same way as the basic Higher Education Grant using
an 80% tuition subsidy rate. Institutions are allocated a fixed amount of money
to award each year.
Last Modified: Tuesday, 23-Jan-2007 14:03:10 EST
Please send questions or comments about SSACI's web site to WebMaster@ssaci.in.gov.
|