Indiana University Boosts Financial Aid for Low-Income Students

Indiana University, the state’s flagship university in Bloomington, will now pay the balance of all tuition and fees for low-income students from Indiana who qualify for federal Pell Grants. At the present time the maximum Pell Grant awards of $4,050 covers only about 60 percent of the cost of enrolling at Indiana University. The new awards do not include money for books or room and board.

It is expected that approximately 500 students will qualify for the new financial aid awards next fall. Low-income students will have to maintain a 3.0 grade point average while at Indiana University in order to maintain the financial aid.