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) [Opens in New Window]  offers the Frank O’Bannon Grant and the Twenty-first Century Scholars Program to needy Indiana residents.

The Frank O’Bannon grant requires recipients who are first entering college in the 2013-14 academic year 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 are first entering college for the 2013-14 academic year 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.