IU Northwest announces scholarship to offset out-of-state tuition
Illinois residents can now look across the state line at higher education options without having to worry about paying out-of-state tuition rates. Academic programs in demand from Indiana University Northwest are now accessible to academically eligible Illinois residents thanks to the Illiana Merit Scholarship Program.
The IU campus located just minutes from the Illinois-Indiana border in Gary, Ind., announced the new scholarship available with the 2012-13 academic year.
"Until now, a respected Indiana University degree may have been out of reach for many Illinois residents," said Executive Vice Chancellor of Academic Affairs David Malik. "Out-of-state tuition rates are a thorn in the side of many trying to get a quality education in a field that interests them. With this opportunity, IU Northwest is broadening the options for students, regardless of which side of the state line they call home."
Past academic performance is the only eligibility requirement for the Illiana Merit Scholarship, which is available for both undergraduate and graduate programs. Incoming freshmen as well as transfer students are invited to apply.
To be eligible, recent high school graduates must possess a cumulative grade point average of 3.0 or higher along with a combined SAT score of 1000 (critical reading plus math) or greater, or an ACT composite score of at least 21. Transfer and graduate students must have maintained a 3.0 cumulative GPA from a baccalaureate institution.
The scholarship is renewable from year to year as long as the student maintains a 3.0 cumulative GPA and remains enrolled as a full-time student. Graduate students must maintain a 3.25 cumulative GPA. Satisfactory progress toward the degree must be maintained.
Recipients of this scholarship essentially receive the difference between the Indiana resident rate and the non-resident rate. Based on the rates for the 2012-13 academic year, for example, the student would receive a scholarship estimated at $10,851 per academic year. This figure is based on two terms at 15 credit hours each. Ordinarily, non-Indiana residents would pay $16,894 for two 15-credit-hour terms.
"This is an incredible value for Illinois residents," said Linda Templeton, director of admissions. "IU Northwest offers a number of programs that simply aren't available at nearby universities, at least not affordably. For many, IU Northwest is the preferred school for such programs as its AACSB-accredited (Association to Advance Collegiate Schools of Business) school, the dental hygiene program; as well as fine arts, social work and nursing, among others. Students who intend to enter a medical or professional school are attracted by IU Northwest's pre-professional academic tracks."
In addition to the IU Northwest Illiana Scholarship, applicants may qualify for additional federal and campus financial aid, as well as privately funded scholarships.