The fellowship agreement you received outlines the total O’Neill School fellowship offer. The award listed in your fellowship letter is based on the number of credit hours required for your chosen degree program, and is based on the 2023-2024 tuition rates for the O’Neill School.

Indiana Resident Rate: $547.25/credit hour
Non-Indiana Resident Rate: $1,372.80/credit hour

O’Neill School fellowships are offered in the form of fee remissions. Fee remissions post to your IU account and disburse to your Bursar bill. O’Neill School fee remissions only apply towards tuition expenses, and only apply to your O’Neill School tuition. These fee remissions do not cover mandatory fees, or additional bursar expenses. As a result, your fee remission will only apply toward your tuition charges, not your overall bill.

Please note that O’Neill School fellowships can only cover credits that fulfill degree program requirements. Awards are posted at the beginning of Fall and Spring semesters, based on expected enrollment. However, your award will be audited after the first week of courses to ensure your award is covering your actual O’Neill School enrollment.

If you add credit hours or reduce credit hours after the time your original fee remission disburses, the award can be updated, and either adjusted up or down depending on your addition or removal of credit hours.

You will notice in your award letter, your total tuition remission included the following stipulation:

“Fellowship offer details are conditional pending an offer of Professional Experience, Volunteer, or Military credit reduction. The total value of your award will be prorated to the total number of credit hours you are required to complete.”

As a reminder, the total tuition remission value in your award letter includes the total award amount based on your degree program and required number of credit hours. If you qualify for credit reductions, you will only receive the percentage of tuition based on the credit hours you need to complete the program.

Summer internship stipends support expenses associated with an internship experience, such as living and moving expenses, cost of living, etc. If you are pursuing a low-paying or unpaid internship and need financial assistance during this time, your summer fellowship could be used to help you cover your costs.

The summer internship stipend is offered is a flat fellowship award, rather than tuition remission. As a result, it will first cover anything on your summer bursar bill. After paying your bill, the rest can be refunded to you directly. 

The summer internship stipend cannot be used during the academic year and must be used, in full, during one summer term. 

O'Neill School fellowships can cover tuition expenses for summer enrollment, for credits that fulfill your degree program requirements. Fellowship funding utilized over the summer counts toward overall usage of the award. This means that there may be less fee remission able to be offered in a future term, since awards cannot exceed the total amount listed in the award letter over the duration of the degree program.

Applying your O'Neill School fellowship toward summer enrollment is not automatic. Fellowships will be posted by request.

We know that understanding tuition costs is crucial when making your admission decision. Please refer to our website for more information on the cost of tuition, fees, and estimated living expenses!

O'Neill School Cost Information

MoneySmarts is a free resource to students on the IU Bloomington campus with the single goal of helping students make informed financial decisions before, during, and after college. Their services range from online courses, individual consultations, and more.

They also provide individual help and consultations, as well as a plethora of financial courses regarding financial wellness, budgeting, savings, and financial aid.

Visit their webpage here for more information!

Utilize the MoneySmarts cost calculator to calculate your costs for the semester, based on how many credit hours you plan to take for a particular semester. The calculator factors in costs for fees, books and supplies, and more. 

You can also include your fellowship award amount as reflected in your fellowship award offer in the cost calculator. Adding in your fellowship will assist in providing clarity on your out of pocket costs.

Cost Calculator

IU General Scholarship Application

Master’s candidates are eligible to apply IU’s General Scholarship Application through searching for "scholarships" in One.IU. This application applies to a multitude of scholarships offered by Indiana University, including donor scholarships offered by the IU Foundation and the IU Alumni Association.

The IU General Scholarship Application should be submitted by March 10 for maximum funding consideration. In addition, you should submit this application every year!

Finally, make sure you’re looking at the IU Foundation and IU Alumni Association websites for additional scholarship resources that require individual applications.

IU GradGrants Center

The IU GradGrants Center is a resource for current master’s candidates on the IU Bloomington campus. Check out their website to review open Student Academic Appointments, funding resources, fellowship announcements, travel and research funding and more.

Visit the GradGrants Website!

We highly recommend for all graduate students to submit the FAFSA (Free Application for Federal Student Aid) annually. The FAFSA considers students for federal financial aid opportunities, including Federal Direct Loans.

FAFSA

Submit by April 15 annually

It is important to note that all federal financial aid awards and loans are offered by the Office of Student Financial Assistance and Student Central, not the O’Neill School. If you have any questions about federal financial aid or loans offered through the FAFSA, you would need to contact Student Central directly.

• Maintain full-time student status. (8 credit hours per semester minimum)
• Tuition remission disburses each semester. Awards will apply to tuition charges only for credits that fulfill your degree program requirements.
• Students incorporating dual programs or study abroad must notify the Master’s Programs Office (MPO). Necessary modifications may be made to the contract. The tuition remission offers will be prorated for dual degree students to be reflective of the number of O’Neill School credits needed to earn their degree.
• Fee amounts reflect preliminary residency status as determined by the University. Official residency status is determined by the Indiana University Office of the Registrar. The rate represented in this agreement does not represent a promise of residency status. Students must inform the MPO of any changes in their residency status.
• Students cannot receive more in institutional funding and federal financial aid than the official cost of attendance. If another funding source covers total cost of attendance, O’Neill funding will be forfeited. In addition, O’Neill tuition remissions can only apply toward tuition expenses. If another funding source provides full tuition, then O’Neill tuition remission award(s) will be forfeited.
• The summer internship stipend is a one-time award. Students must provide proof of an accepted internship to the MPO in order to receive the summer internship stipend.
• If cost of attendance is already met, the summer internship stipend amount offered could be impacted and could result in a decrease in funding amount or financial aid.
• Any course and/or University withdrawal that may result in a tuition refund must be reimbursed to the O’Neill School in full by the student.
• Maintain a cumulative 3.4 GPA. Failure to do so may result in termination of the award.
• Tuition remissions can only apply towards credits that fulfill degree program requirements.
• Tuition remissions are credited to students' Bursar accounts prior to the beginning of each semester and cannot be withdrawn as cash.
• Students are responsible for informing the MPO of any discrepancies between the information above and award payments actually received.
• A Director may modify or void this contract at his/her discretion if recipients do not comply with academic, award, and/or renewal policies.
• This agreement is based on federal Affordable Care Act (ACA) guidelines and in accordance with Indiana University policy as of February 1, 2019. It may be updated, if required to comply with federal laws and regulations.

Your O'Neill School fellowship can only cover tuition expenses, which your other departmental award would cover as well. If you receive funding from another source from Indiana University that will cover your tuition, you will not be able to accept your tuition award through the O'Neill School.

Please note this only applies to aid offered by Indiana University. This stipulation does not pertain to federal financial aid and loans.

No. Fellowship offers are are tuition awards only.