Hoosiers must first file the FAFSA to access nearly all forms of financial aid for college. Adobe stock photo provided by INNS.

By Joe Ulery
Indiana News Service

INDIANAPOLIS — Indiana families see value in higher education, but many are still confused about how to pay for it.

A new survey by INvestEd, a nonprofit based in the state, shows 83% of Hoosiers believe in the importance of postsecondary education.

However, concerns about student loan debt and filing the Free Application for Federal Student Aid, or FAFSA, leave some hesitant.

INvestEd Vice President of Marketing Bill Wozniak said families often feel overwhelmed navigating financial aid.

“That confusion really leads people to often walk away from post-secondary education all together,” said Wozniak, “or sometimes, make bad choices and over-borrow.”

Indiana recently improved FAFSA completion rates despite national challenges. Updates to the application caused delays, but Wozniak said the process has greatly improved this year.

The priority deadline for filing is April 15, 2025.

According to Wozniak, families must act quickly to access key programs like the Frank O’Bannon Grant and 21st Century Scholars program.

“Glitches and problems could be ironed out for the most part before the new year began,” said Wozniak. “And we are very happy to report that the form is performing extremely well.”

INvestEd provides free support to students and families through 900 events each year, plus online and phone help. Officials emphasize that higher education is attainable with the right guidance.

For more information, visit investedindiana.org or call (317) 715-9007.