Financial Aid Recipient Information
(fees are subject to change by the trustees of Indiana University)
Anticipated Aid (formerly Aid Deferments) | Financial Aid Disbursement | Scholarship Checks Payable to Students
Bank & University Loans | Sponsored Students | Departmental Fee Remissions | Fee Courtesy Policy

Financial aid recipients are considered those students who have their tuition obligations reduced by other than out-of-pocket means. These include, but are not limited to:

       Grants: SSACI, Pell, Lilly, etc.

       Scholarships

       Monies borrowed from banking institutions

       Monies borrowed through the University:  Perkins, NDSL, Federal Nursing, Health Professional, etc.

       University fee courtesy for full-time employees

       University departmental fee remissions.

Prior to the first day of classes when you register, all processed financial aid will be indicated on your Billing Statement as Anticipated Aid.

       Financial aid recipients whose aid is not posted on their Billing Statement must verify aid status via OneStart or with the Student Financial Services Office. 

       Any aid awarded must be confirmed before the due date.  You may accomplish this from OneStart.

       For a copy of your Billing Statement, either go to OneStart and click [Self Service], [Bursar], then [Pay My Account], or go directly to QuikPAY

 ANTICIPATED AID

Traditionally, “Loan Deferments” on your Bursar Account meant a student did not have to pay anything toward the account balance until all financial aid was posted to their Bursar account.  Classes would not be terminated because of non-payment.

Today, loan deferments are being replaced with “Anticipated Aid”.  Each student will have “Anticipated Aid” for all eligible awards, which will reduce the Total Due on their Bursar Bill.  Unlike traditional loan deferments, the Total Due or Minimum Due must be paid and received by the Due Date to avoid late payment fees and possible termination of classes.  If the Total Due is a negative amount, there is no payment required.   Log onto your OneStart Account to view Bursar statements and eligible “Anticipated Aid”. 

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FINANCIAL AID DISBURSEMENT

When financial aid awards are greater than the amount of fees due, refund checks may be generated. Refund checks are available to eligible recipients by the first day of classes providing the following conditions are met:

       Title IV grant and loan monies may not be used for non-educational purposes (including but not limited to: parking decals, recreation and locker fees, parking and library fines, etc.) without a signed Student Letter of Authorization on file. The letter is valid for the student's entire career at the institution where it is filed. Those students who are eligible for federal aid will receive mailings detailing and including authorization letters and cancellation policies.

       Delivery of bank loan monies to educational institutions may begin no sooner than 13 calendar days prior to the first day of class.

       Financial Aid Title IV monies can be applied to student accounts no sooner than 10 calendar days prior to the first day of class.

Bank loans and University loans must be paid back, both principal and accrued interest, by the student or parent as defined in the terms related to the loan type.

Any account charges that remain unpaid after all aid has been applied or award(s) canceled become the responsibility of the student.

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SCHOLARSHIPS PAYABLE TO STUDENT

The Office of Student Scholarships provides an online resource for many scholarship applications and information.  Their website contains comprehensive information on IUPUI scholarships, including departmental, school based scholarships, as well as general campus-wide scholarships.  Another added feature on their website is information on scholarship searching on the web.  Please visit their web site at www.iupui.edu/~scentral  or call (317) 274-4591.  Also, you may click the above link.

BANK & UNIVERSITY LOANS

Stafford and Guaranteed Student Loans [GSL])

For detailed information about both Bank and University Loans, please visit the Student Financial Aid Services website at www.iupui.edu/~finaid or call (317) 274-4162. 

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SPONSORED STUDENTS

DEPARTMENTAL FEE REMISSIONS

All IUPUI departments may submit award notifications to the Office of the Bursar for processing.  An award from another campus for IUPUI courses must be posted by the IUPUI Office of the Bursar.  The student must:

       Verify the award is on the Account Statement before the due date.

       Pay any remaining balance after application of the award. Nonpayment of fees may jeopardize the enrollment.

FEE COURTESY POLICY

The IUPUI Employee “Fee Courtesy” program benefit has changed.  Employee/students must re-submit a new application yearly.  In addition to yearly applications, all program information is handled by IUPUI Human Resource Administration. 

For additional information visit www.hra.iupui.edu/feecourtesy.asp .  If you should have questions, please email hra@iupui.edu  or call (317) 274-7617. 

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