Financial Aid - How To's
PLEASE NOTE:
If you are needing financial aid for Fall 2025, Spring 2026, or Summer 2026, you will need to complete the 2025-2026 FAFSA.
If you are needing financial aid for Fall 2026, Spring 2027, or Summer 2027, you will need to complete the 2026-2027 FAFSA.
Applying for Financial Aid at ISU
1. Complete the FAFSA
Begin the financial aid process by completing the Free Application for Federal Student Aid (FAFSA) to be considered for federal grants, student loans, and work-study funding.
2. Confirm Your Housing Plans
After ISU receives your FAFSA, you must confirm your housing plans for the upcoming academic year to continue the financial aid process.
Instructions:
- Follow this link to update your Housing Plans.
- Log in using your ISU credentials (the same username and password you use to login to MyISU and your ISU email).
- Select the appropriate school year.
- Then a page will appear where you will indicate your Housing Plans for the selected school year, then click SUBMIT.
Important: Timely submission of your housing plans is critical. Delays may postpone your financial aid offer.
If you need to update your housing plans, contact us at (208) 282-2756 or at our financial aid email.
3. Satisfy Financial Aid Requirements
Once logged into MyISU, click the My Financial Aid card and link, and select the correct academic year.
To Complete Outstanding Requirements:
- On the Home tab, review and submit any required documents listed under Unsatisfied Requirements.
- Submit forms and supporting documentation via:
- Fax
- Electronic web drop Box (preferred)
- In-person (do not email documents)
Note: Entrance Counseling and Master Promissory Notes will remain "unsatisfied" until your loan is originated and confirmed by ISU (typically within 3–5 business days of loan acceptance).
Don’t forget to answer and submit the two Financial Aid (Title IV) Authorization Questions under the Home tab.
4. Accept and Authorize Your Financial Aid Award
- In MyISU, open the My Financial Aid card and click on My Financial Aid link.
- Select the correct academic year.
- Follow the tabs from left to right.
- On the Home tab, confirm the academic year matches your FAFSA.
- Complete the two Financial Aid (Title IV) Authorization Questions, under Responses Required.
- Click Submit.
Once submitted, your Financial Aid Authorization Questions will be marked as “satisfied” within 24 hours. This step must be completed once per academic year.
5. Complete Loan Requirements (If Accepting Student Loans)
If you are accepting student loans at ISU for the first time, complete the following:
The MPN only needs to be completed once every 10 years, unless otherwise required.
6. Financial Aid Disbursement
The ISU Cashier’s Office begins disbursing authorized financial aid and scholarships:
- Fall & Spring: No earlier than 10 days before semester start.
- Summer: 5 days before your earliest class begins.
Check your balance and financial activity in MyISU:
- Go to the Online Fee Payment card.
- Click Proceed to TouchNet to view charges and payments.
- Select View Realtime Statement for additional details.
- Use TouchNet to set up eRefund (Direct Deposit), make a payment, or setup a payment plan.
7. Accepting Scholarships
Some scholarships can be accepted in MyISU, while others may require:
- A paper acceptance form.
- Acceptance through the Bengal Online Scholarship System (BOSS).
Refer to your scholarship award letter or ISU email notification for specific instructions.
To view your awards:
- Go to My Financial Aid card and link in MyISU.
- Select the appropriate academic year and click on the Offer tab.
QUESTIONS?
Email the following ISU offices for additional information:
Financial Aid Office or call (208) 282-2756
Scholarship Office or call (208) 282-3315
Cashier's Office or call (208) 282-2900