How to Apply for Financial Aid
UIndy's Federal School Code: 001804
If you use financial aid to help cover the cost of your education, you must apply each year. The Free Application for Federal Student Aid (FAFSA) is available on January 1 of each year for the upcoming academic year. At the University of Indianapolis, an academic year FAFSA will be used for aid consideration for semesters I and II, as well as the following summer semester.
As a graduate student, you are no longer eligible for state grants. Therefore, the traditional priority deadline of March 10 does not impact you in the same way it does an undergraduate student. If you anticipate that you may enroll at least half-time in the upcoming semesters, it is recommended that you first file your prior year federal taxes and allow the IRS to process your form(s). Once complete, you may then file your new academic year FAFSA.
If you are planning to apply for financial aid, use the following checklist to insure that you don't miss an important step. You may also review costs as well as available aid, eligibility, alternative options, and access additional forms that will assist you in your process.
Get Ready to File the FAFSA
- First-time FAFSA filers should first register for a federal Personal Identification Number (PIN) at www.pin.ed.gov.
What will you need to file your FAFSA?
You will need your PIN, Social Security Number, prior year federal tax returns, Driver’s License, bank statements and investment account statements. A FAFSA worksheet or a paper FAFSA may be obtained from the www.fafsa.gov site; either of these tools can provide a template from which you can plan your FAFSA detail prior to actually completing your application.
What if you have not filed your prior year federal taxes yet?
If you have not filed your prior year federal taxes yet, you may use estimated financial information and simply indicate that you “will file” taxes within the FAFSA. Tips for estimating: Use W2s and other earnings’ statements as your source(s) for income.
What is the IRS Data Retrieval Tool within the FAFSA?
You may retrieve your federal tax information directly from the IRS as you file your FAFSA. To take advantage of this option, electronic tax filers must wait at least 2-3 weeks prior to using this option and paper tax filers must wait at least 8-11 weeks. Exceptions: Students who are married but file federal taxes separately from their spouse.
Why is it important to use the IRS Data Retrieval Tool?
If you are able to transfer your (and your spouse’s if married) federal tax information directly from the IRS into your FAFSA and you do not alter the fields, you minimize errors with your application and reduce aid processing time.
Can you go back into your FAFSA and use the IRS Data Retrieval Tool after you file your taxes?
Yes. It is the recommended option. Go to FAFSA.gov, log into the student’s FAFSA record, select “Make FAFSA Corrections,” and navigate to the Financial Information section(s) of the form. From there, follow the instructions to determine if you and/or your spouse are eligible to use the IRS Data Retrieval Tool to transfer your prior year IRS income tax information into your FAFSA.
How to File the FAFSA
- Go to the FAFSA website at www.fafsa.gov and click “start here.”
- Complete student information fields and select which FAFSA application you would like to file. The student will also enter his/her PIN number to begin.
- Create a student password. This password will be used to access the FAFSA after filing or to make corrections to the already filed application.
- Complete non-financial sections of the FAFSA. These sections include: Student demographics, school selection, and dependency status.
- Complete student financial sections of the FAFSA. You may refer to your FAFSA worksheet, earnings statements, bank statements, and investment account statements. Within this section, you will be offered the option to use the IRS Data Retrieval Tool to view and transfer prior year federal tax information.
- Sign the FAFSA. You will enter your PIN number as part of the certification and signing process.
Need more help?
Visit Seven Easy Steps to the FAFSA, an online tutorial of the FAFSA.
Complete Other Tasks
Complete the 2014-15 online UIndy Aid Application (UAPP). The UAPP will be used to prepare aid for semesters I and II.
Need other forms?
The Office of Financial Aid may request additional information from you as we process your application. Visit our forms page to respond to these requests.
Need summer aid?
You must first register for your summer courses. Next, complete a
Helpful Tip: Your financial aid will disburse each semester 10 days prior to the semester start date. In order to be proactive and insure that your aid is ready to disburse, it is important that you file in advance of this date (at least two to three months) to allow sufficient time for your financial aid to be prepared.
Postprofessional Occupational and Physical Therapy Students
Prior to following the application guidelines listed above (FAFSA, UAPP), please refer to the Postprofessional Non-Term Program guide. For additional assistance, you may contact the Office of Financial Aid for options available to you. Students enrolled in the Bridge to Doctoral (from Master's in OT) program are eligible to follow the standard processes defined above.
Graduate Financial Aid Library
Please feel free to visit our Graduate Financial Aid Library where we house various aid guides for graduate students enrolled in UIndy programs. These guides may be an excellent quick reference tool for your use. Our current library consists of:
- Master’s in Teaching Program Guide
- Doctoral Psychology Program Guide
- Cohort Summer 2014-Woodrow Wilson Indiana Teaching Fellowship Program
- Cohort Summer 2015-Woodrow Wilson Indiana Teaching Fellowship Program
(Note - the Traditional Graduate Program Guide is useful for students enrolled in most masters programs as well as doctoral programs such as the Physical Therapy Professional and Occupational Therapy postprofessional.)