funding your education

at Anderson University

Student Financial Services (SFS) has the goal to make it financially possible for admitted students to enroll, and for enrolled students to graduate.

Anderson University awards financial aid on the basis of:

  • Documented financial need (determined by the FAFSA)
  • Academic aptitude and achievement

We are eager to assist you regarding all federal, state and university scholarshipsloans, and grants you may be eligible to receive. We are also your best resource concerning FAFSA questions and completing verification.

If you have any questions, please feel free to call our main line, (800) 421-1026. If they’re unable to answer your question, they will put you in contact with the person best able to assist you.

Types of Financial Aid


Can come from the federal government, your state government, your college, or a private or nonprofit organization.


Intended for students who have demonstrated academic achievement. Most are made based on merit; however, some may vary according to financial need.

Employment Opportunities

Allow students to work part-time during the academic year. Wages can be used to pay for college expenses.


Available to help meet expenses, and must be repaid after college.


Anderson University Grant
  • Based on financial need
  • $100 to $10,000
  • Must maintain satisfactory academic progress; financial need; in good standing
  • FAFSA required annually
Federal Pell Grant
  • Based on financial need
  • Up to $6,195 (For 2018-19)
  • Must maintain satisfactory academic progress
  • FAFSA required annually
Federal Supplemental Educational Opportunity Grant
  • Based on financial need
  • Up to $4,000
  • Must maintain satisfactory academic progress
  • FAFSA required annually

State Grants

Indiana State Grants
  • Awarded through the Indiana Commission for Higher Education (CHE).
  • The Frank O’Bannon Grant includes the Freedom of Choice Award (FOC). The FOC Award is need-based and available only to students attending a Private Indiana College or University.
  • Maximum base award for the 2017-2018 school year was $9,000.
  • By meeting student performance incentives higher awards are possible.
  • FAFSA deadline for state aid: April 15

TEACH Grants

TEACH Grants

Anderson University participates in the Teacher Education Assistance for College and Higher Education (TEACH) Grant program. A TEACH grant is a non-need-based grant provided to students who intend to teach, to help pay for their postsecondary education.

As a condition for receiving a TEACH Grant, a student must agree to teach full-time for at least four years as a highly-qualified teacher in a high-need field, in a school or educational service agency (ESA) serving low-income students within eight years of completing or otherwise ceasing to be enrolled in the program of study for which the student received the grant.

If the student does not meet the terms of the TEACH Grant service obligation, all TEACH Grant funds received will be converted to a Direct Unsubsidized Loan that must be repaid in full, with interest charged from the date of each TEACH Grant disbursement.

At Anderson University TEACH grants are offered to sophomore, junior, and senior undergraduates who meet the 3.25 GPA requirement and have been admitted into the School of Education’s Teacher Preparation Program (TPP). The dean of the School of Education approves each TEACH grant for each year that a student applies. Click here for a TEACH Grant Application [PDF] Opens a New Window. .

External Funding & Scholarships

FastWEB Set up a personalized profile that will match your specific skills, abilities, and interests to fastWEB's database of over 400,000 scholarships. 


Sallie Mae 

Walmart Foundation

College Affordability for Minority Students

Best - Financial Aid for Minority Students


Scholarship Help

Graduate Tutor's Scholarship Directory has $1.6 million worth of scholarships and is quickly growing. It is a free scholarship directory and requires no registration. Students can search for scholarships in multiple ways including keywords, courses, deadline, who it is open to, and the scholarship amount.


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