Iowa State University provides financial aid to its students and families to help pay for their education. Students can begin this process by submitting the FAFSA. Students wishing to be considered for merit-based scholarships or additional specialty scholarships (that are not based on need and information provided in the FAFSA) can complete the general scholarship application in the OneApp Scholarship Portal. Once this application is completed accepted students will be matched with scholarships that they personally qualify. Deadlines for additional scholarships, along with specific application requirements.
Office of Student Financial Aid offers several ways to students to pay for their education. Once all application materials are submitted and students are accepted, they will be provided with a financial aid award package that will be based on not only need, but also merit and personal achievement. Students who require additional aid can also explore privately-funded scholarships and additional scholarships through other departments including Hixson Scholarship Opportunity awards and Margaret Sloss Women's Center scholarship awards. Iowa State University offers scholarships for studying abroad and international student scholarship opportunities. The Veterans Center is an additional resource for veterans, providing information on educational options, financing, and other helpful programs.
Additionally Iowa State provides grants in its financial aid packages. These helpful grants including university-based, state, federal with examples such as the Teacher Education Assistance for College and Higher Education (TEACH) Grant, and Federal Supplemental Education Opportunity Grant help supplement the cost of an Iowa State University education. The state of Iowa financial aid scholarships and grants page provides additional information on state level grant opportunities for higher education.
Students can help subsidize their education by applying for Undergraduate Research Assistantships or through employment opportunities which can be found at the Student Employment Center. Some students may be awarded funds through the federal work-study program. Additional information on this program can be found on the Student Employment Center page.
Some students may need to take advantage of student or parent, federal and/or private loans. Iowa State University offers a page called No Fear Finance which is directly linked to its loan education office. The No Fear Finance initiative provides students with useful services including loan Features and Services page, one-on-one advising sessions, and presentations to help students understand the sometimes confusing student loan process. The loan education office offers financial counseling and helps increase student understanding of loans, processing and in general the navigation of how to finance your education.
Iowa State University provides tools to help students understand costs, expenses, and information about financial aid. These include a Cost of Attendance Page and links to a student expenses estimator, a net price calculator, some helpful Frequently Asked Questions, and a Financial Aid Glossary to help students understand the meaning of financial terms and acronyms that may be new to them. There is also a handy financial aid blog called Live Like A Student and the Student Answer Center where students can find helpful information, resources and answers to their financial-aid and financial literacy related questions.
An abundant amount of financial literacy resources for Iowa State University students can be found throughout the financial aid pages and the student health and wellness pages. Resources include links to financial resources, information on college debt, resources on credit and loans, navigating savings and investing, and even links to financial literacy-related college courses as well as a free comprehensive online course (also open to the public!) called Take Control of Your Money. This online course is self-paced and covers five key steps of managing finances.
Another way that Iowa State University teaches students and families about financial literacy is through its Extension and Outreach Department which offers workshops that are sometimes based on money management such as Spend Smart, Eat Smart. This particular workshop/website provides useful information to students to teach them how to save money on groceries and spending smarter by creating budget-friendly meals. Additional articles and resources are available through this financial health and well-being link..
Peer Wellness Educators are another resource for students. Peer Wellness Educators are available through the Student Wellness Center and aim to help teach “life-enhancing skills” and help students succeed in a variety of wellness related topics (including financial). Additionally, a Student Wellness Ambassador Program exists to help bring outreach and communication to assist in connecting students to some of these helpful financial resources.