Indiana University of Pennsylvania

1997-1998 Undergraduate Catalog
Indiana, Pennsylvania 15705

Finances

Financial Aid

 The Financial Aid Office, located at 308 Pratt Hall, offers financial information and counseling to all students attending IUP. The types of financial assistance offered by the Financial Aid Office include student employment, educational loans, and grants. Counseling on debt management and loan repayment options is also available.

Eligibility Requirements
 The general requirements for financial aid eligibility include the following:

  1. Be enrolled on at least a half-time basis (six credits per term) except for the Federal Pell Grant program.
  2. Be a U.S. citizen, national or permanent resident, or other eligible noncitizen.
  3. Maintain satisfactory academic progress in your course of study.
  4. Be enrolled or accepted for enrollment in an Associate Degree, Bachelor's Degree, Post Baccalaureate Teacher's Certification program, or Post Baccalaureate Second Undergraduate Degree program.
  5. Not be in default or have failed to make satisfactory arrangements to repay any Federal Student Loans. Not owe a repayment on a Federal Pell Grant or Federal Supplemental Educational Opportunity Grant.
  6. Not have borrowed in excess of any Federal Loan limits.
  7. Register with the Selective Service Administration, if required.
  8. Submit Financial Aid Transcripts from all other postsecondary schools you have attended.
  9. Have a valid Social Security Number.
Students must complete a Free Application for Federal Student Aid (FAFSA) by May 1 in order to receive maximum consideration for need-based financial aid administered through the university. The Title IV school code for IUP is 003277. Additional forms or applications may be required depending upon which student aid programs are being sought. Financial aid is available for both the regular academic year and the summer sessions. Separate applications for summer school aid must be submitted by the student.

Student Responsibilities
 Students who apply for financial aid have certain responsibilities which are listed below:

  1. Accurately complete and submit the appropriate application forms by the published deadline dates.
  2. Submit requested materials, corrections, or new information on a timely basis.
  3. Meet the regulations and repayment schedules of student loans.
  4. Inform the Financial Aid Office of any grants, scholarships, or loans received from outside organizations.
  5. Inform the Financial Aid Office of any information that has changed since applying for aid.
  6. Understand the satisfactory academic progress requirements for maintaining financial aid eligibility.
  7. Use financial aid funds for educational purposes only.
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This information is maintained by the Office of the Registrar, with approval from the University Senate. Last Modified at 9:31 AM on 7/23/97