5 Best Indiana Scholarships

Updated November 8, 2022 · 2 Min Read

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Discover Scholarships for Indiana

Midwesterners cashing in scholarships for Indiana can reach their goals in the "Crossroads of America" more affordably. Home to 6.63 million people, Indiana is the 16th most populous state with the big cities of Indianapolis, Fort Wayne, Evansville, and South Bend scattered between rural farmland. Since Vincennes University was founded in 1801, higher education has been growing like Indiana's cornfields. Hoosiers can now select from 30 public , 39 private institutions, and plenty of Indiana online college programs. Whether you prefer a small Christian college like Huntington University, mid-sized liberal arts school like Butler University, or large research hub like Indiana University-Bloomington, you have plentiful options. In fact, the U.S. News ranked Purdue as the ninth most innovative university nationwide. Pursue your collegiate dreams with free tuition assistance from the following 5 best scholarships for Indiana.

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Featured Online Programs

Find a program that meets your affordability, flexibility, and education needs through an accredited, online school.

ESA Youth Scholarship Program

Sponsored by COPS Monitoring, the Electronic Security Association (ESA) Youth Scholarship Program awards a first-place prize of $7,500 and second-place prize of $2,500. An additional 17 state-level scholarships of $1,000 are provided by participating chapters, including Indiana. Since 1996, funding has been provided based on academic achievement, service, and extracurricular participation. Applications, including a typed, 1,000-word essay, must arrive before March 24th.


  • Be graduating high school seniors between 15 and 20 years old
  • Have a parent or guardian employed full-time by police, fire, or sheriff’s departments
  • Display academic excellence with a minimum GPA of 3.0
  • Intend to matriculate at accredited colleges the upcoming Fall

Scholarship Website

INCPA Educational Foundation Scholarships

The Indiana CPA Society Educational Foundation gifts three $2,000 scholarships to lower accounting tuition for student members. One scholarship is reserved solely for majors attending Ball State University’s AACSB-accredited Miller College of Business. The merit-based program seeks ambitious academic achievers with potential in accounting and finance careers. Before April 29th, applications should be submitted with a transcript, personal statement, and endorsee signature.


  • Attend any public, four-year college or university in Indiana
  • Declare an undergraduate major or BBA concentration in accounting
  • Have completed four semesters of coursework for junior standing
  • Aspire to become a Certified Public Accountant

Scholarship Website

Indiana Engineering Scholarships

Based in Indianapolis, the Indiana Society of Professional Engineers offers two $1,000 scholarships annually to remember the work of Clarence C. Clarke, P.E. and Lloyd Hickerson. The merit-based funds support Hoosiers pursuing diverse careers in chemical, civil, electrical, mechanical, computer, and systems engineering. Applications are due on May 1st with two faculty letters of recommendation. Please note that legal dependents of ISPE committee members can’t apply.


  • Be legal residents of the State of Indiana
  • Attend an EAC/ABET-accredited engineering school in-state
  • Have accrued at least 60 credits for junior or senior standing
  • Actively participate in extracurricular professional activities

Scholarship Website

AAF-Greater Evansville Scholarship Award

The Greater Evansville Chapter of the American Advertising Federation (AAF) has bestowed a $5,000 scholarship annually for the past four decades. Local high school seniors residing in Indiana’s Vanderburgh, Warrick, Posey, Gibson, and Pike counties or select Illinois and Kentucky regions could apply. Until March 23rd, applications can be submitted to Princeton, Indiana, with a one-page essay describing candidates’ media aspirations.


  • Matriculate full-time with 12+ credits at accredited colleges
  • Choose majors in advertising, marketing, graphic design, or public relations
  • Excel academically with a cumulative GPA of 3.0 or better
  • Display creative promise for the local advertising community

Scholarship Website

Lilly Endowment Community Scholarship Program

Started in 1998, the Lilly Endowment Community Scholarship Program is an Indianapolis-based philanthropic effort to improve Indiana’s educational attainment rate. The Independent Colleges of Indiana (ICI) administers the full-tuition scholarships with a $900 allowance to cover textbooks and supplies. Over 30 schools participate in the program, including Indiana Tech, Valparaiso, Notre Dame, DePauw, and Butler. Applications are generally due in late August.


  • Permanently reside in one of Indiana’s 92 counties
  • Rank in the upper 20 percent of their high school graduating class
  • Pursue full-time baccalaureate study at in-state, HLC-accredited schools
  • Exhibit extracurricular, work, or volunteer experience

Scholarship Website

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