This information also is available in a printable PDF transferring aid checklist.
Transferring Financial Aid to USI
Your first step is to apply for admission as a degree-seeking student at USI.
The second thing you'll need to do, if you haven't already done so, is to add USI to your Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov. USI’s school code is 001808. You now need an FSA ID instead of a PIN to log in. To create an FSA ID click here. If you need assistance, call 1-800-557-7394. Note: Beginning in late April, the Department of Education will be adopting the best practice of using a username and password instead of the PIN.
Once you have been admitted and USI has received your FAFSA results, check your myUSI for important information regarding the following:
Don’t forget to:
Notify your current school of your plans to transfer to USI so they may cancel your aid for the upcoming semester. For example, with the Direct Student loan, students transferring at the end of fall must have spring disbursements cancelled with their current school prior to requesting a loan with USI.
If you have a Child of Disabled Veteran and Public Safety Officer Supplemental Grant (CVO), please visit Indiana's Division of Student Financial Aid website for the application. USI must have an original application verified by the Department of Veterans' Affairs.
Transferring Financial Aid from USI to Another Institution
If you have received financial aid at USI you will need to complete the Cancel Aid Form to have aid cancelled at USI for all future terms. The Cancel Aid Form may be obtained online in the Student Financial Assistance forms library. If your financial aid is not cancelled at USI for all future terms, your new college may not be able to disburse funds.
If you have received a Direct Student Loan at USI you will be required to complete Exit Counseling, which can be done online at StudentAid.gov. Your official USI academic transcript will be withheld until this obligation is completed. Note: If you applied for an academic year (Fall and Spring) Direct Student Loan at USI, and you transfer at the end of fall, your spring disbursement must be cancelled and you must re-apply for a loan at the new college if you wish to continue borrowing.
If you have a housing contract with USI, contact Housing and Residence Life to let them know you will not be returning for the next semester.
If you are enrolled in courses, contact the Registrar about withdrawing. If you do not officially withdraw you may still be required to pay for those courses.
Contact student financial assistance at the new college about any institutional financial aid forms you may need to complete.
If the new college is not listed on your Free Application for Federal Student Aid (FAFSA), you may add your new college to your FAFSA online at www.fafsa.gov (contact the new college for more information).
If you have a Child of Disabled Veteran and Public Safety Officer Supplemental Grant (CVO), please visit Indiana's Student Financial Aid website for the application. Your new college must have an original application verified by the Department of Veterans Affairs. (The CVO fee waivers are available only at state-supported colleges/universities in Indiana.)
Contact student financial assistance at your new college for more information about transferring financial aid. They may have additional requirements that need to be satisfied.
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