Indiana College Costs Estimator

Frank O’Bannon Grant Program

The Frank O'Bannon Grant (formerly the Indiana Higher Education Grant) Program is designed to provide access for Hoosier students to attend eligible postsecondary institutions. The grants, targeted to tuition and regularly assessed fees, are "need-based" and do not require repayment. The program receives its funding through appropriations made by the Indiana General Assembly. Due to variations in appropriations, the number of filers and the "need" of the filer base, the dollar value of state grants may vary from year to year. To qualify, students must:
  • Be an Indiana resident by December 31st the year prior to applying 
  • 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 associates or first bachelors degree;
  • Be a full-time student, or plan to enroll as a full-time student (defined as at least 12 credit hours per term); and
  • Fill out the FAFSA - by March 10 of the academic year preceding the academic year the applicant plans to enroll

Note: A separate part-time state grant is available for students enrolled on a part-time basis. It is specifically designed to help those undergraduates who are taking at least 3 but less than 12 credit hours per term at an eligible institution. The students must meet State residency requirements, have filed a FAFSA and otherwise qualify for State aid. The part-time grant is a need-based award.

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