Financial Aid

Financial aid is available in eligible programs for students who qualify. The institute participates in the Pell Grant program, Minnesota State Grant, Minnesota Indian Scholarship Assistance Program, and other grant programs. Supplemental Educational Opportunity Grants and work-study may also be available to qualifying students.

Students can be admitted when the financial aid application package is complete. Students eligible for funding in more than one consecutive fiscal year (July 1 through June 30) will be required to apply for both years.

Applying for Financial Aid

All applicants for financial aid must submit the Free Application for Federal Student Aid (FAFSA) each fiscal year. The form must be submitted to the Financial Aid Officer at least 4 weeks before classes begin.  Some aid takes up to eight weeks to process and some aid is not available for certain quarters.

Step 1: The application

  • Complete the Free Application for Federal Student Aid (FAFSA)
    • Follow this link to complete the FAFSA online (Takoda’s school code is 016346- results will be automatically sent to the institute), or attend a FAFSA workshop at 10:30am on Wednesdays at the institute.  To complete the FAFSA the previous year’s federal tax return and documentation of any monies received from public assistance, social security, etc is needed.  Dependents will need to work with their guardians to gather the necessary information for FAFSA completion.

Step 2: Additional requirements

  • Once the institute receives the electronic copy of the FAFSA, a one-on-one appointment is scheduled with the financial aid office to go over results and eligibility. Additional documentation like the following may be requested:
    • Applications selected for verification must submit all requested documentation so it can be verified as accurate and truthful
    • Citizenship status, Selective Service registration, dependency status, transcripts from previous schools, or other information documentation may be requested.
  • If applicants have previously attended other colleges, unofficial transcripts may be required to be eligible for Minnesota state grant funding.  This documentation can be collected from the previous institution’s registrar’s office

Step 3:  Additional funding resources

About Takoda Institute

Takoda Institute is a division of American Indian OIC, founded in 1979 and is an accredited post-secondary institution. Takoda Institute provides programs in Business, Information Technology and Health Care careers.

Contact Information

1845 East Franklin Avenue | Minneapolis, MN 55404 | View on a Map
Phone: 612-341-3358 | Fax: 612-341-3766 | Email: info@aioic.org