• If you are admitted to IU Indianapolis and meet the Kelley Indianapolis direct admission qualification, you are automatically considered for a Jaguar Excellence Award. You must apply before February 15 and have a high school GPA of 3.5 or higher. Jaguar Excellence Awards range from $1,000 per year to $5,000 per year, based on your residency and high school grade point average.
• If you meet Kelley Indianapolis direct admissions qualifications, be sure to complete the General Application to see a list of recommended scholarship opportunities we have available for you. Follow these steps to know how to use IU's Scholarship System.
• Applications open on December 1 and close on February 15 each year. Scholarship recipients are notified by May 1 if offered an award.
• Several Kelley Indianapolis scholarships give special consideration to underrepresented minority students.  To be considered for these scholarships, you must complete the IU Indianapolis general scholarship for diverse populations.

Students from select states may be eligible for the Midwest Student Exchange Program (MSEP) Award. Residents of Indiana partner states who have a minimum GPA of 2.75 or higher will automatically receive the Midwest Student Exchange Program Award, which represents a 56.9% reduction in out-of-state tuition at IU Indianapolis.

Residents of Illinois, Kentucky, Michigan, and Puerto Rico who are admitted to IU Indianapolis and have a minimum 3.0 GPA will receive the IU Indianapolis Student Excellence Award. Like the Midwest Student Exchange Program, these will be automatically awarded at the time of admission and provide students with an award accounting for a 56.9% reduction in out-of-state tuition.

While completing the Free Application for Federal Student Aid (FAFSA) is not mandatory, students should file the FAFSA each year to ensure consideration for both merit- and need-based Kelley undergraduate scholarships. Nearly 30% of all general scholarship funds awarded by the Kelley School are designated for students with demonstrated financial need. Students who have not completed the FAFSA are not eligible for these need-based scholarships but will still be considered for merit-based awards and those based on other criteria.

• Current Kelley sophomores, juniors, and seniors only need to submit the General Application once a year to be considered for most of our funded scholarships.
• General applications open on January 7 and close on March 15 each year. Scholarship recipients are notified by May 1 if offered an award.

While completing the Free Application for Federal Student Aid (FAFSA) is not mandatory, students should file the FAFSA each year to ensure consideration for both merit- and need-based Kelley undergraduate scholarships. Nearly 30% of all general scholarship funds awarded by the Kelley School are designated for students with demonstrated financial need. Students who have not completed the FAFSA are not eligible for these need-based scholarships but will still be considered for merit-based awards and those based on other criteria.

Students transferring from another college or university and are admitted to the Kelley School of Business can apply for the IU Indianapolis General Scholarship.

In recognition of the work you’ve already completed, you are eligible for two types of scholarships: admission-based awards and competitive awards. Review available scholarships and deadlines for transfer students.

Students from select states may be eligible for the Midwest Student Exchange Program (MSEP) Award. Residents of Indiana-partner states who have a minimum college GPA of 2.75 or higher will automatically receive the Midwest Student Exchange Program Award, which represents a 56.9% reduction in out-of-state tuition at IU Indianapolis.

Residents of Illinois, Kentucky, Michigan, and Puerto Rico who are admitted to IU Indianapolis and have a minimum 3.0 GPA will receive the IU Indianapolis Student Excellence Award. Like the Midwest Student Exchange Program, these will be automatically awarded at the time of admission and provide students with an award accounting for a 56.9% reduction in out-of-state tuition.

While completing the Free Application for Federal Student Aid (FAFSA) is not mandatory, students should file the FAFSA each year to ensure consideration for both merit- and need-based Kelley undergraduate scholarships. Nearly 30% of all general scholarship funds awarded by the Kelley School are designated for students with demonstrated financial need. Students who have not completed the FAFSA are not eligible for need-based scholarships but will be considered for merit-based awards and those based on other criteria.

Scholarships for First-year Direct Admit Students

• Alice M. Richter Scholarship
• Debra M. and Mark S. Fritz Scholarship
• Dr. Roger Jerman Scholarship
• Gauger Family Scholarship
• Greg & Traci Dolan Scholarship
• Indiana Motor Truck Association Scholarship
• James C. Smith Finance Scholarship
• Kelley Indianapolis Faculty Undergraduate Scholarship
• Kelley Indianapolis General Scholarship
• Kelley School of Business Finance Scholarship
• Margo C. Fritz Scholarship
• Ralph L. Swingley Scholarship
• Todd Roberson Scholarship

Scholarships for Current Students

• Constance Coover Lewis Scholarship
• David I. Klapper Scholarship
• Delphia E. Croft Scholarship for Business Ownership
• Delta Sigma Pi
• Elliott and Estelle Nelson and Family Scholarship
• Geraldine S. Bernath Scholarship
• Ginny Marzke Memorial Scholarship
• Hazel P Chattaway Scholarship
• Helen Jeffers Memorial Scholarship
• John P. Carney Scholarship
• John W. Berry Scholarship Fund
• Lawrence E. Magner Human Resource Management Scholarship
• Moe Silverman Family Scholarship
• Richard L. Rogers Scholarship in Accounting
• Robin Scott Hunden IU Indianapolis Real Estate Scholarship
• William F. Buchanan Prize Fund

RISE Scholarships

• Anne M. Coveney RISE Scholarship
• Charles Henry Buchanan RISE Scholarship
• Daniel A. Courtney Family RISE Scholarship
• Dr. Les and Mary Lou Waters RISE Scholarship
• Gordon C. Miller RISE Scholarship
• Robert L. and Cynthia Jennings Grimm RISE Scholarship in Business Leadership
• Visker Family RISE Scholarships 

Varsity Athletics Scholarships

• Bruce & Carolyn Laughlin Northwestern Mutual Athletic Scholarship
• Stephen and Betty Sterrett Scholarship

Travel Scholarships

• Dr. Victor E. Childers International Study Award
• E. James Flynn & Barbara Flynn Study Abroad Scholarship

Contact busugrad@iu.edu for more information about scholarships.

Are you interested in the research, international, service learning, and experiential learning aspects of a degree?

• Current Kelley students who are interested in research, international learning, service learning, and experiential learning (RISE) and who meet the RISE criteria are encouraged to apply.
• Students must be registered in a Kelley course with a RISE designation.
• RISE application open period is August 25 to September 12 for Fall 2025.

Apply for the RISE Scholarship

IU Indianapolis Resources

• 21st Century Scholars
• Indy Achieves Promise Scholarship
• Information for DACA recipients
• Calculate Your Costs
• Net Price Calculator
• Payment Options
• Sponsorship Payment

Scholarships Outside of IU Indianapolis

• College Board Scholarship Search
• Sallie Mae’s College Answer – “Free Money for College”
• FastWeb Scholarship Search
• FinAid – SmartStudent Guide to Financial Aid.
• InternationalStudent.com Resource Center
• Appily (formerly Cappex)
• Central Indiana Community Foundation (Indiana residents)
• Fastweb
• Niche
• Peterson’s
• Scholarships.com
• Unigo

We don’t recommend using paid scholarship search sites. You can learn about common scholarship scams at the Better Business Bureau or the Federal Trade Commission.