How Indiana college aid works
If you live in Indiana, the state runs its own college aid on top of federal aid. The one to know is the Frank O'Bannon Grant and 21st Century Scholars, run by the Indiana Commission for Higher Education. Here is what it is, who qualifies, when to apply, and how it fits with the FAFSA.
Indiana's state aid programs
Indiana's flagship state aid is the Frank O'Bannon Grant. It also offers the 21st Century Scholars, administered by the Indiana Commission for Higher Education.
How and when to apply
FAFSA by April 15; 21st Century enrolls in 7th–8th grade.
The FAFSA is the master form. Filing it early puts a student in line for federal Pell grants and work-study, and it starts most state and college aid too. Some state funds are first come, first served, so it is safer to file the week the FAFSA opens than to wait.
Lowering out-of-state tuition
As a Indiana resident, you may also qualify for the Midwest Student Exchange (MSEP): Capped non-resident tuition at participating midwestern campuses. Participation varies by campus and major, so check the official program list.
See the money you qualify for, free
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Start a free planCommon questions about Indiana college aid
What is Indiana's main state financial aid program?
Indiana's flagship state aid is the Frank O'Bannon Grant and 21st Century Scholars, administered by the Indiana Commission for Higher Education.
When do you apply for Indiana college aid?
FAFSA by April 15; 21st Century enrolls in 7th–8th grade. Exact dates shift every year, so confirm the current cycle on the Indiana Commission for Higher Education site before you file.
Do you need the FAFSA for Indiana state aid?
Yes. Filing the FAFSA (or your state's alternative application) is what starts your Indiana state grant, and it also unlocks federal Pell grants and work-study. File it as early as you can.
State aid details verified as of July 5, 2026. Dates shift each cycle, so always confirm the current deadline on the official Indiana Commission for Higher Education site.