Awards are not automatically renewed.  Each year, students must reapply for financial aid by completing a FAFSA and submitting other required forms.

Students are considered for grants and scholarships before employment and loans.

Funds for the following financial aid programs are limited and are awarded on a first-come, first-served basis to students who meet the requirements: Advantage Iowa Need-Based Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Iowa Grant, Iowa Minority Academic Grant for Economic Success (IMAGES), University of Iowa Tuition Scholarship, Federal Perkins Loan, Federal Nursing Loan, Federal Health Professions Loan, and Work-Study.

The Federal Pell Grant and the William D. Ford Federal Direct Student Loans are awarded throughout the academic year.

Applying for Aid

A college education will be one of the most important investments a student and their family will make. Financial aid can help bridge the gap between the student's resources and the cost of education. We emphasize bridging the gap because the student and their family are primarily responsible for college expenses. The University of Iowa Office of Student Financial Aid makes every effort to assist students and their family in obtaining the financial aid funds needed to meet expenses if family resources are not adequate.

Students must apply for financial aid each year by filing the Free Application for Federal Student Aid (FAFSA) and submitting other required forms. The FAFSA can be completed using estimated income information if actual information is not available. Financial aid awarded by the UI OSFA is not automatically renewed. A Federal School Code (also known as a Title IV Institution Code) is needed to complete the FAFSA. The University of Iowa Federal School Code is 001892.

The University of Iowa Office of Student Financial Aid (UI OSFA) encourages students to file the FAFSA as soon as possible after January 1, preferably by March 1, for the upcoming academic year. Awards are made on a first-come, first-served basis. Students are encouraged to submit all required forms as soon as possible. Although students can apply for financial aid throughout the year, funding for some financial aid programs may be depleted. The student may meet the qualifications for certain types of aid, but not be awarded that aid because the funding has run out.

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.

View our Step-by-Step Process web page for information on required forms and detailed instructions on applying for financial aid at The University of Iowa. Our Frequently Asked Questions web page provides answers to common questions.

Students must be admitted to a degree program at The University of Iowa before their financial aid application will be reviewed.  Students can submit the FAFSA before they are admitted to the University; however, they will not be able to obtain the Iowa Verification Form (IVF) until after they are admitted.

Incarcerated students are not eligible for financial aid. They are identified during the University of Iowa verification process and are coded as not eligible for financial aid.

For tips on applying for financial aid, refer to our Helpful Hints web page.