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Need-Based Grants & Programs

DePauw provides need-based grants to students whose families demonstrate financial need and apply by the established deadlines.

DePauw Need-Based Grants

Awarded on an annual basis to students with financial need. The amount and source of funding may change each year depending upon financial need and funding availability. Students must reapply each year and maintain satisfactory academic progress.  Need-based awards are made possible, in part, through the generosity of donors to DePauw. Students receiving DePauw scholarships and grants may be asked to write a Thank You letter to the donor and attend a scholarship recognition breakfast.

Federal Pell Grant

The Federal Pell Grant Program provides assistance to students who demonstrate financial need according to economic criteria and program requirements established by the federal government.

Federal Supplemental Educational Opportunity Grant (FSEOG)

The FSEOG program is funded by the U.S. Department of Education and administered by DePauw to provide assistance to students with exceptional financial need. All students who qualify are automatically considered for this grant. However, our funds from this program are very limited.

Frank O'Bannon Grant Program (Indiana Residents Only)

The Frank O'Bannon Grant Program is a need-based, tuition only grant awarded to students to help pay for tuition costs at Indiana colleges and universities. The grant awarded at Indiana independent colleges and universities is known as the Freedom of Choice Award. Indiana residents are automatically considered for this grant by completing the FAFSA before the established deadline.


  • The completed FAFSA must be received by the federal processor by March 10th each year.

  • The student and the student's parent(s) must reside in Indiana and remain residents the entire time the student is enrolled.

  • The student must correct any application errors prior the May 15th deadline.

  • The student must meet any additional requirements of the Indiana Division of Student Financial Aid, Commission for Higher Education (CHE) as communicated through the eStudent portal.

  • Students must meet minimum standards of Satisfactory Academic Progress in order to maintain eligibility for this state grant program. 

  • Additional information on the State Grant programs in Indiana is available at

Twenty-First Century Scholars Program (Indiana Residents Only)

The Twenty-First Century Scholars Program began in the early 1990's to help Indiana students who would otherwise be unable to attend college. Students enroll in middle school and agree to a pledge of "good citizenship" in order to receive the tuition only grant. Students enrolled in the program are guaranteed to receive the maximum state grant possible through the 21st Century Scholars Program. State funding for this program varies each year.  Program requirements and deadlines are similar to those of the Frank O'Bannon Grant shown above.