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Indiana University, Bloomington

21st Century Scholars Covenant

For Indiana residents who took the state's 21st Century Scholars pledge (see link below) in 7th or 8th grade and remain income-eligible for the federal school lunch program, after the family covers any EFC the program covers the remaining student budget with grant aid.
For Indiana residents who took the state's 21st Century Scholars pledge in 7th or 8th grade and remain income-eligible for the federal school lunch program. . .   2009-10 Estimated Student Budget
  After the family covers any EFC, the college assures enough grant aid to cover these expenses
Tuition & Fees $8,614
Books & Supplies $792
Room & Board $7,580
Transportation & Personal Expenses $3,148
Total Expenses:     $20,134   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
Middle school students in Indiana have an opportunity to sign a 21st Century Scholars pledge, committing them to stay drug and alcohol free, finish high school, etc. If they are low income (eligible for federal school lunch) and their family is still low income when they apply to college, they qualify for a tuition scholarship. Indiana University's pledge applies to those students.

How is EFC determined and used?
Federal Methodology. The family is expected to cover the EFC.

How much academic year work and/or need-based loans are included?
None. All standard educational costs beyond the student's EFC are covered by grants.

Does the offer account for the full student budget?
Yes.

How are outside scholarships handled?
Outside scholarships replace grant aid, but all balances are covered by the program.

For more information:
21st Century Scholarship Covenant
Indiana's 21st Century Scholarship Program


About the Institution (2007-08):

    Location: Bloomington, IN
    Type: Public 4-year
    Undergraduate enrollment: 32,502
    Pell Grant recipients (a measure of low-income enrollment): 13%
    Proportion of graduating seniors with student debt: 56%
    Average debt: $22,013

Glossary

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