Financial Aid

ISE is a nonprofit organization. Providing financial aid to students is one way we can meet our mission.

• In this 2011 program year, ISE provided $64,535 in financial aid to 131 students; the average grant was $492.
• In the 2012 program year, ISE provided $42,890 in financial aid to 83 students;  the average grant was $517.
• For the 2013 program year, ISE will have $50,000 available for financial aid.
   

Eligibility
Financial aid is based on a student's financial need. Students whose families have a household income of $50,000 or less are eligible.  Financial aid awards are based on household income.  The minimum award is 5% of the program cost and the maximum is 30% of the program cost.Financial aid is based on a student's financial need. Students whose families have a household income of $50,000 or less will be considered.

Financial Aid Grant Calculator
Students and parents can now estimate how much financial aid for which they are eligible.

Household Income	Grant amount
$40,000 < $50,000	5-10% of total program cost
$30,000 < $40,000	10-15% of total program cost
$20,000 < $30,000	15-20% of total program cost
$0 < $20,000	20-30% of total program cost

Actual grant amounts will vary depending on the following conditions:

• the number of applicants who are eligible for financial aid and the amount available in the fund;
• the number of household dependents. For each dependent, more or less than 2 per household, 1-2% will be added or subtracted to an award amount;
• award amounts will not surpass the maximum amount for any category regardless of the number of dependents in the household.

Application Process
Download the 2013 Financial Aid Application here.
In order to be considered for financial aid, students must be registered on an ISE program and postmark their complete Financial Aid application no later than October 15, 2012 for spring programs and November 1, 2012 for summer programs. Grant awards will calculated and communicated to families at the time of final billing (December for spring programs; March for summer programs).

Questions? Please contact Tanya, ISE's Director of Education by email  tanya@isemn.org or by phone at 612.436.8295.