Grants

 

Grants, unlike loans, are a form of ‘gift’ aid and do not have to be repaid.  They do require a student to show financial need.

Federal Grants

The federal government offers Federal Pell Grants to needy undergraduate students, and are the foundation of a student’s financial aid package.

The Federal Supplemental Educational Opportunity Grant (Federal SEOG) is another federal grant that is awarded by Purdue University Calumet to further assist needy Pell Grant recipients.

Indiana State Grants

The Indiana Commission of Higher Education’s Division of Student Financial Aid (SFA) offers the Frank O’Bannon Grant [Opens in New Window] , the Twenty-first Century Scholars Program [Opens in New Window] and the Part-time Grant [Opens in New Window] to Indiana residents who qualify.  Visit the Indiana SFA website at http://www.in.gov/sfa [Opens in New Window] for details.

Frank O’Bannon Grant and Twenty-First Century Scholars Program students must file a FAFSA by March 10 and complete any corrections to the FAFSA by April 15 each year.  

Part-time Grant students must file a FAFSA and complete a one-time application with the State of Indiana by July 1.  Any corrections to the FAFSA must be completed by August 1.

Students who received state financial aid for the first time during the 2013-2014 academic year or thereafter are required to meet certain completion requirements to renew state financial aid awards in subsequent years. This includes students who first started school prior to July 1, 2013 but receive their first state awards after that date.

To renew a base Frank O’Bannon Grant, a student must complete at least 24 credit hours or the equivalent by the end of the first year in college, 48 or the equivalent by the end of the second year and 72 or the equivalent by the end of the third year.

To renew a 21st Century Scholarship, a student must complete at least 30 credit hours or the equivalent by the end of the first year in college, 60 or the equivalent by the end of the second year and 90 or the equivalent by the end of the third year.

To renew a Part Time Grant a student must complete at least 18 credit hours or the equivalent by the end of the year.  Students who receive a Part-time Grant in the fall term will be ineligible for a full-time award during the next 12 months.

A year begins with the first semester the student receives the grant and extends through the next two terms (fall, spring, summer; spring, summer, fall).

Students who fail to meet the credit completion requirements due to extenuating circumstances may file an appeal with the Indiana Commission for Higher Education Division of Student Financial Aid.

The Frank O’Bannon grant requires recipients who first enter college in the 2013-14 academic year and thereafter to complete 30 credit hours their first year, 60 credit hours by the end of their second year and 90 credit hours by the end of their third year in order to maintain full eligibility for the Frank O’Bannon grant.  Students who do not complete the 30, 60, or 90 credit hours but complete 24 credit hours their first year, 48 credit hours by the end of their second year and 72 credit hours by the end of their third year will be remain eligible for the Frank O’Bannon grant but at a reduced award amount. 

The 21st Century Scholars award recipients who first enter college in the 2013-14 academic year and thereafter must complete 30 credit hours their first year, 60 credit hours by the end of their second year and 90 credit hours by the end of their third year in order to maintain eligibility for the 21st Century Scholars award.  Students who do not complete the required 30, 60 or 90 credit hours will lose their 21st Century Scholars eligibility.  However, they may be considered for a Frank O’Bannon grant if they meet O’Bannon Grant eligibility requirements and complete at least 24 credit hours during their first year, 48 credit hours by the end of their second year and 72 credit hours by the end of their third year.  21st Century Scholars can get further assistance with the program at the 21st Century Scholars Collegiate Support Program at Purdue Calumet by visiting their website at http://webs.purduecal.edu/tfcs/.