DegreeCalc
StateNeed-BasedRenewable

Indiana Frank O'Bannon Grant

Indiana's primary need-based financial aid program provides grants to residents attending eligible Indiana institutions.

Award Amount

$600–$10,992

per year

Deadline

April 15

application due

GPA Required

2.00

minimum

Field of Study

Any

eligible majors

Eligibility Checker

Enter your information below to check if you meet the basic eligibility criteria for the Indiana Frank O'Bannon Grant.

Requirements Checklist

Track your progress — check off requirements as you complete them.

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Application Tips

1

Apply as early as possible

2

Check state-specific deadlines

3

Renew annually

4

Contact your school's financial aid office

Scholarship Value Calculator

Annual Value

$10,992

per year

4-Year Total Value

$43,968

if renewed each year

Loan Interest Saved

$15,389

at 6.5% over 10 years

Pro tip: Every dollar in scholarship funding saves roughly $1.35 compared to borrowing the same amount through student loans at 6.5% interest over a 10-year repayment period.

Eligibility Details

EligibilityIndiana residents attending eligible Indiana institutions with a minimum 2 GPA
DemographicsIndiana residents
Field of StudyAny
Typeneed based
RenewableYes — renewable annually

Frequently Asked Questions

What is the Indiana Frank O'Bannon Grant worth?

The Indiana Frank O'Bannon Grant provides $600 to $10,992 per year. It is renewable, meaning you can receive it for up to 4 years of study, totaling up to $43,968.

What GPA do I need for the Indiana Frank O'Bannon Grant?

You need a minimum GPA of 2.00 to be eligible for the Indiana Frank O'Bannon Grant. Maintaining or exceeding this GPA is typically required for renewal.

When is the Indiana Frank O'Bannon Grant deadline?

The application deadline for the Indiana Frank O'Bannon Grant is April 15. We recommend starting your application at least one month before the deadline to ensure all materials are complete and submitted on time.

Who is eligible for the Indiana Frank O'Bannon Grant?

Indiana residents attending eligible Indiana institutions with a minimum 2 GPA. The scholarship is categorized under State and is available to indiana residents.

Is the Indiana Frank O'Bannon Grant renewable?

Yes, the Indiana Frank O'Bannon Grant is renewable. You can receive it each year as long as you continue to meet the eligibility requirements, including maintaining the required GPA and enrollment status.

How do I apply for the Indiana Frank O'Bannon Grant?

To apply for the Indiana Frank O'Bannon Grant, you will need to meet the eligibility requirements and submit the required application materials, which typically include: Complete FAFSA, Be a Indiana resident, Attend eligible in-state institution, Maintain 2 GPA. Visit the official application portal for complete instructions.

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Methodology & Scholarship Data Sources

How we compile Indiana Frank O'Bannon Grant scholarship data: Our scholarship database integrates official data from federal financial aid sources, higher education research, and direct program documentation. Scholarship terms, amounts, and deadlines are verified against official program websites.

  1. Scholarship award data verified against official program documentation and Federal Student Aid scholarship guidance.
  2. Eligibility requirements cross-referenced with NCES Digest of Education Statistics for GPA distributions and enrollment data by institution type.
  3. Financial need assessment methodology aligned with Federal Student Aid aid calculation (SAI under FAFSA Simplification Act 2024).
  4. Award maximization strategy based on College Scorecard data on average institutional grant aid and net price by family income bracket.
  5. Tax implications of scholarship awards referenced from IRS Tax Topic 421 — Scholarships, Fellowship Grants and Other Education Grants.

Authoritative scholarship and financial aid sources:

Scholarship Disclaimer: Scholarship terms, amounts, deadlines, and eligibility requirements change annually. Always verify current program details directly with the awarding organization before applying. Award amounts shown reflect typical annual figures; actual awards may vary. This tool is for informational purposes only and does not guarantee scholarship eligibility or award.

Reviewed by Brazora Monk · Last updated 2026 · Verified against official program sources and Federal Student Aid data

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