Financial Planning 
The Art Institute of Indianapolis provides financial planning for its students. This means that a payment plan can be provided that will allow the student to budget for his or her entire program. The goal in Student Financial Services is to make monthly payments as affordable as possible. After completion of the application forms, a Student Financial Planner will review them using a federally required calculation to determine eligibility for financial aid. The Planner will then work with the student and the student's family to devise a Student Financial Plan to help cover educational expenses, based on financial aid eligibility and family circumstances.

The Free Application for Federal Student Aid (FAFSA) Form
The FAFSA form is a standard document used to determine eligibility for federal and some state aid including Federal Pell Grant, Federal SEOG (Supplemental Educational Opportunity Grant), Federal Stafford Loan, Federal Parent Loan for Undergraduate Students (PLUS), Federal Work-Study, Perkins Loans, and State Grants. Most students complete the FAFSA online at fafsa.ed.gov.

Suspension and Reinstatement of Financial Assistance
The Art Institute of Indianapolis is approved as an eligible Title IV funding institution. All students who receive federal or state-sponsored financial assistance must maintain satisfactory academic progress (as defined on page 44) for financial assistance eligibility. Students who are suspended from a program of study or terminated from The Art Institute of Indianapolis are ineligible for financial assistance until they regain admission and comply with satisfactory academic progress requirements.

Financial Assistance Appeal
Students who are denied or suspended from financial assistance may file an appeal under appropriate federal and state guidelines with the Student Financial Assistance Review Committee of The Art Institute of Indianapolis.

Student Financial Assistance Review Committee
This committee consists of the President, Director of Administrative and Financial Services, and Director of Student Financial Services. The committee is responsible for the review of all student financial aid awards when there is a question regarding a student's eligibility for such awards.