The grant will be applied to make up any differences between the amount awarded and the remainder of the cost of tuition and fees. Independent colleges are generally more expensive than public colleges, but more expensive schools often offer more financial aid. Don't eliminate a college from consideration solely on the basis of tuition costs. Once accepted and enrolled in an eligible institution, payments will be paid directly from the State of Indiana to the college through a voucher system. Money will not be paid directly to the student.
Students have up to two years to begin using their scholarships.
Graduating seniors who decide to delay entrance into college, however, must still complete the affirmation form during their senior year. Students must also apply for state and federal financial aid by the March 1 deadline before they intend to enter college. Tuition scholarships are renewable for a total of eight semesters once the scholarship has been activated. The student has 10 years to use all eight semesters from the first semester the award is used. The Twenty-first Century Scholarship only applies to enrollment in fall and spring semesters or fall, winter and spring quarters.