Financial Aid and Scholarships
Some basic information about financial aid is provided below. If you are a current student-athlete and require additional information concerning athletic scholarships, please contact your coach first, then the Indiana State University Office of Financial Aid and Scholarships at (812) 237-7711 or, lastly, the Compliance Office.
Please be aware that outside scholarships (aid from any source other than athletics) can impact individual and team financial aid limitations. Student-athletes must check with their head coach and/or the Compliance Office before accepting any outside financial aid and the same must be reported annually to the Compliance Office.
Terms & Conditions of Athletically-Related Aid
Under NCAA rules, athletic scholarships cannot exceed a term of one academic year and do not include summer school. There are certain and limited exceptions to this general rule.
Renewals/Reductions/Cancellations of Athletics Aid
The renewal of institutional financial aid must be made on or before July 1 prior to the academic year in which the aid will be distributed. Student-athletes receiving an athletics scholarship during the previous year will be notified as to whether their aid has been renewed, increased, reduced, cancelled. At the end of each academic year, aid may be renewed, increased, or reduced at the discretion of the head coach and institution.
Athletics scholarships may be reduced or canceled during the period of the award if a student-athlete:
- Renders himself or herself ineligible for intercollegiate competition in any manner, including failure to meet academic eligibility requirements or loss of amateur status (e.g., signing with an agent).
- Voluntarily quits the team.
- Fraudulently misrepresents any information on an application, letter of intent, or financial aid agreement.
- Engages in serious misconduct.
- Violates any of the terms and conditions set forth on the scholarship document.
Athletics scholarships may not be reduced or cancelled during the period of the award on the basis of:
- A student-athlete's athletics ability, performance, or contribution to a team's success.
- An injury that prevents the student-athlete from participating in intercollegiate athletics.
- Any other athletics reason.
Please note that outside of the period of the award, an athletics scholarship can be reduced or cancelled for any reason - including an athletics reason - at the discretion of the coach/institution.
If a student-athlete's scholarship is cancelled, reduced, or not renewed for any reason, the student-athlete has the right to appeal this decision to the Director of Financial Aid & Scholarships within 14 business days.
Summer School Athletics Aid
Student-athletes receiving athletics scholarships during the regular academic year are eligible to apply for summer school aid. Summer school aid is not guaranteed and is not available to all that apply. Those wishing to receive athletics aid for summer school must complete and submit the Summer School Scholarship Application Form no later than April 10th. A committee comprised of staff from Academic Services, Compliance and the Athletic Director will consider the application for approval. If you have any questions, visit your Athletics Academic Advisor or the Compliance Office.
Fifth Year Athletics Aid
Fifth year aid is discussed between the coach and student-athlete as well as what is available in the budget.
