Contact the Indiana Law Financial Aid Office
Phone: (812) 855-7746
E-mail: iulawfa [at] indiana [dot] edu
The form used to apply for federal student financial aid is called the Free Application for Federal Student Aid or FAFSA, and is available at www.fafsa.ed.gov. For the 2015-2016 academic year, you will be using your 2014 income and asset information to complete the FAFSA. You should also include IU's school code (001809) so that we have access to your FAFSA data.
Beginning in early February, you may transfer tax information directly to your financial aid application usting the IRS Data Retrieval option within the FAFSA. Selecting this option will streamline and expedite the processing of your financial aid application and could potentially help you avoid having to submit additional documentation to the financial aid office later in the academic year. If you file your FAFSA using estimated tax data, you should revisit your FAFSA once you have filed your taxes, and use the IRS Data retrieval option to update your original submission. For additional help in completing the FAFSA, please go to Student Aid on the Web , or call (800) 4-FED-AID (1-800-433-3243). Either way, it’s a good idea to make a copy of the FAFSA for your own records.
You may file the FAFSA any time after January 1, 2015. Each year the ideal time to file the FAFSA is between January 15 and February 15. File by February 15 to ensure that your data is available for all eligible financial assistance for which you may qualify. This also helps you to avoid the rush that occurs closer to the March 10th priority deadline, and ensures that the money will be available when you need it to pay for your education. You may also file after March 10th to receive Federal Direct Loans.
If you are considering the Summer Start Program, please note that in order for you to receive federal financial aid for the summer of 2015, we must have your 2014-2015 FAFSA data. We CANNOT use the 2015-2016 FAFSA data to process summer loans, because summer sessions are tied to the end of the academic year at IU. You will need to either fill out a new application or update a previously filed 2014-2015 FAFSA.
If you filed the 2014-2015 FAFSA as an undergraduate, you will need to update it with Indiana University—Bloomington's school code, which is 001809. This update can be made anytime, but must be done prior to June 30, because the Federal Processor’s system does not allow updates for last year’s data after that time.
Generally, if you file your FAFSA by March 10th, you will be sent an electronic notification outlining your financial aid, including loans from the IU Office of Student Financial Assistance by early June. If you decide to borrow federal student loans, you will also receive subsequent instructions on how to complete and sign a Master Promissory Note.
All student financial assistance, including scholarships and fellowships, is credited to your student account through the IU Office of the Bursar. All charges incurred through the university are covered first, and then a refund for any remaining funds is released to you by the start of each semester or session. To expedite this process, you may wish to consider the Direct Deposit Bursar Refunds, a free service that deposits your financial aid refund directly into the bank account of your choice.
The Maurer School of Law follows Indiana University's refund policies, which can be found in the university's Enrollment and Student Academic Information Bulletin. Note that the Law School's policy follows the policy for undergraduate students in the "flat fee" range (described at the top of the web page), and not the policy for graduate students described on that page.