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
- Minnesota Indian Scholarship Program provides post-secondary financial assistance to eligible Minnesota resident students who are of one-fourth or more Indian ancestry and demonstrate financial need for an award. Follow this link for more information or to apply.
- Tribal scholarships – Tribes may offer additional scholarship funding to eligible tribe members. Contact the financial aid office to pick up tribal funding applications or contact your tribe directly.
- Miscellaneous scholarship information can be found here.