Skip Navigation








Grants

Federal and State grants are available to Oakland City University students who qualify.  Eligibility for grants is determined by information entered on the Free Application for Federal Student Aid (FAFSA).  Completing the FAFSA is required to apply for the grants listed below (both Federal and State).

Federal Grants:

Federal Pell Grant:
Unlike a loan, the Federal Pell Grant does not have to be repaid.  Federal Pell Grants are awarded to undergraduate students who have not yet earned a bachelor’s degree.  You are not eligible to receive the Federal Pell Grant if you are incarcerated in a federal or state penal institution or are subject to involuntary civil commitment upon completion of a period of incarceration for a forcible or nonforcible sexual offense.

Amounts awarded for the Federal Pell Grant are subject to change on an annual basis.  The maximum Federal Pell Grant award for the 2013-2014 award year (July 1, 2013 to June 30, 2014) is $5645.  The maximum award for the 2014-2015 award year (July 1, 2014- June 30, 2015) is $5730.
The amount that you will be awarded depends on the following guidelines:

  • Your financial need (as determined by the Department of Education according to information entered on the FAFSA),
  • Your cost of attendance,
  • Your status as a full-time or part-time student, and
  • Your plans to attend school for a full academic year or less.

If you are eligible for a Federal Pell Grant, your award amount will be applied to your student billing ledger at the beginning of each term, pending the receipt of any verification or other required documents. 

IMPORTANT NOTE ABOUT PELL GRANT:  Effective July 1, 2012, you can receive the Federal Pell Grant for no more than 12 semesters or the equivalent.  You will receive a notice if you are getting close to your limit.  If you have questions concerning the percentage of Pell Grant eligibility used log on to www.nslds.ed.gov or contact the Financial Aid Office.

**Students must meet OCU’s Financial Aid Satisfactory Academic Progress Standards to remain eligible.  To view the progress standards visit http://www.oak.edu/financial-aid/sap.php

Federal SEOG Grant (Federal Supplemental Educational Opportunity Grant):
FSEOG is a grant for undergraduate students with exceptional financial need.  The Financial Aid Office will use FAFSA information to determine eligibility for the FSEOG.  Students who will receive Pell Grants and have the most financial need will receive FSEOG’s first.  The FSEOG is a grant and does not need to be repaid. 

The FSEOG is administered directly by Oakland City University.  The Financial Aid Office determines the group of students who will receive the award based on financial need, campus location, and fund availability.  Oakland City University receives an annual allocation from the Department of Education, once the full amount of FSEOG funds have been awarded, no more FSEOG awards can be made until the next allocation is received.

If you are selected to receive an FSEOG award the funds will be credited to your student billing ledger at the beginning of each term, pending the receipt of any verification or other required documents. 

Maximum 2013-2014 FSEOG Award:  $2000
Maximum 2014-2015 FSEOG Award: $1000

**Students must meet OCU’s Financial Aid Satisfactory Academic Progress Standards to remain eligible.  To view the progress standards visit http://www.oak.edu/financial-aid/sap.php

Indiana State Grants:

To qualify for financial aid from the State of Indiana the student must:

  • Be an Indiana resident by December 31st the year prior to applying, student must also remain a resident throughout entire academic year.
  • Be a U.S. citizen, or eligible noncitizen,
  • Be a high school graduate or hold a GED,
  • Attend, or plan to attend, an eligible college or university,
  • Be enrolled, or plan to enroll, in a course of study leading to an associate or first bachelor’s degree,
  • Be a full time student, or plan to enroll as a full time student, and
  • File the FAFSA by March 10th and make any necessary corrections by May 15th. 

IMPORTANT:  If you did not list OCU as your first college choice on the FAFSA please go to www.fafsa.ed.gov and update your information.  The State will only send an award offer to the school listed as #1 on the FAFSA.  OCU’s school code is 001824.

Frank O’Bannon Grant Program:
The Frank O’Bannon Grant Program is designed to provide access for Hoosier students to attend eligible postsecondary institutions.  The program receives its funding through appropriations made by the Indiana General Assembly.  The grants, targeted to tuition and regularly assessed fees, are “need-based” and do not require repayment.  Due to variations in appropriations, the number of filers and the “need” of the filer base, the dollar value of state grants will vary from year to year. 

21st Century Scholars Program:
Affirmed 21st Century Scholars must graduate from an eligible Indiana high school with a final cumulative GPA of at least 2.0 on a 4.0 scale.  In addition to the general eligibility requirements, students must abstain from criminal activity and the illegal use of controlled substances including alcohol.  Students graduating from high school prior to 2012 must enroll full-time at an eligible Indiana college within two years of graduation.  Those graduating in 2012 and after must enroll full-time at an eligible Indiana college within one year of graduation.  A FAFSA must be filed each year, even if the student is not attending college. Failure to meet these requirements will result in loss of the scholarship.

Scholars who enrolled after June 30, 2011 are subject to annual financial means testing once they enroll as a college student.  While in college, the Scholar’s EFC (Expected Family Contribution) will be determined based on the information provided on the FAFSA. 

The scholarship is valid for eight semesters. 

**Students must meet OCU’s Financial Aid Satisfactory Academic Progress Standards to remain eligible.  To view the progress standards visit http://www.oak.edu/financial-aid/sap.php

Additional incentives are also offered for academic honors and Core 40 diplomas as well as associate degree completion.  Visit www.in.gov/sfa for more information.

Credit Completion Requirements for Indiana State Grant Recipients:
House Enrolled Act 1348-2013 requires Higher Education Award (Frank O’Bannon) recipients to successfully complete 24 credit hours by the end of the student’s first academic year, at least 48 credit hours by the end of the student’s second academic year, and at least 72 credit hours by the end of the student’s third academic year to renew their state financial aid awards.  Students who earn at least 30 credit hours by the end of their first academic year, at least 60 credit hours by the end of their second academic year, and at least 90 credit hours by the end of the their third academic may earn additional incentives.  If credit hour requirements are not met CHE will not renew the financial aid award.

Students who receive 21st Century Grants will be held to the 30/60/90 requirement.  If the student does not reach these requirements he will be eligible for the Frank O’Bannon Freedom of Choice Award if he would have otherwise qualified for the program.  Students who lose 21st Century Eligibility will have the ability to regain eligibility once credit completion requirements have been fulfilled.

GPA Requirements for State Grant Recipients:
Students who initially enrolled in Fall 2012 must maintain a grade point average that Oakland City University defines as satisfactory academic progress. Refer to http://www.oak.edu/financial-aid/sap.php for more information. 

Forms  |  Site Map  |  Terms of Use  |  Privacy Policy