Additional Information

 

Grants are not automatically renewed.  Students must reapply for financial aid each year. 

Some financial aid programs are subject to the availability of funds (first-come, first-served); therefore, financial aid applications should be completed as soon as possible after January 1 and preferably by March 1 for the upcoming academic year.

Financial aid applications are reviewed when all required forms have been received by the Office of Student Financial Aid.

Grants

Grants are gifts of money that do not have to be earned or repaid. To apply for grants awarded by the Office of Student Financial Aid, students must file the Free Application for Federal Student Aid (FAFSA) and complete all other required documents each year.  For information on the financial aid application process, refer to our Step-by-Step Process web page.

The U.S. Department of Education web site has additional information on grant programs.

The University of Iowa Office of Student Financial Aid (UI OSFA) encourages students to file the FAFSA as soon as possible after January 1 and preferably by March 1 for the upcoming academic year. The FAFSA can be filed using estimated income information if actual information is not available. After a student is admitted to the University of Iowa and has submitted the Iowa Verification Form and federal tax returns, the FAFSA information is reviewed and the student's financial aid eligibility is determined. Students are considered for grants and scholarships before employment and loans.

Awards are made on a first-come, first-served basis. Although students can apply for financial aid throughout the year, funding for some financial aid programs may be depleted prior to May 1 for the upcoming academic year. Therefore, students are encouraged to submit all forms as soon as possible to be considered for the maximum amount of financial aid.

More detailed financial aid application information is available on our Step-by-Step Process web page. Students will automatically be considered for the Federal Pell Grant, Federal SEOG, Iowa Grant, and IMAGES, if they have submitted all required financial aid documents.

 

Federal Pell Grant

This federal need-based grant is awarded to the most needy students, determined by filing the FAFSA. Only undergraduate students who have not earned a bachelor's degree are eligible. The amounts vary each award year depending on program funding, number of hours for which the student is enrolled, and the expected family contribution. The maximum 2014-2015 academic year award for a full-time student is $5,730. Less than half-time enrollment is allowed in certain circumstances.


Federal Supplemental Educational Opportunity Grant (SEOG)

This federal need-based grant is awarded to students with exceptional financial need, determined by filing the FAFSA. Only undergraduate students who have not earned a bachelor's degree are eligible. Students must be enrolled at least half-time (six hours per semester) and may receive this grant for a maximum of eight semesters.

Federal TEACH (Teacher Education Assistance for College and Higher Education) Grant

The Federal TEACH Grant provides up to a maximum yearly amount of $4,000 to a student who agrees to serve for at least four years as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves students from low-income families.  Currently, the yearly maximum is slightly less than the $4,000 maximum, due to federal sequestration.

If you are a graduate or an undergraduate student enrolled in or admitted to the College of Education, review the requirements listed in Section B of the application form (PDF).  If you wish to apply, complete and submit the application form to the College of Education, Office of Educational Services, N310  Lindquist Center.

Iowa Grant

This state need-based grant is awarded to students with exceptional financial need, determined by filing the FAFSA. Only undergraduate students who are residents of Iowa and have not earned a bachelor's degree are eligible. Students must be enrolled at least half-time (six hours per semester) and may receive this grant for a maximum of eight semesters.

IMAGES (Iowa Minority Academic Grant for Economic Success)

This university and state need-based grant is awarded to Iowa residents pursuing their first undergraduate degree who are African American, Latino/Hispanic, Asian, Pacific Islander, American Indian, or Alaskan Native and demonstrate financial need. Students must be enrolled at least half-time (six hours per semester) and may receive this grant for a maximum of eight semesters.

State of Iowa Funded Aid

If you are awarded State of Iowa funded aid (Iowa Grant, Iowa National Guard Education Assistance Program, All Iowa Opportunity Scholarship, All Iowa Opportunity Foster Care Grant), in the event that available state funds are insufficient to pay the full amount of each award, the Iowa College Student Aid Commission has the authority to administratively reduce the award to an amount less than the statutory maximum.