Scholarships & Grants

Scholarship & Grant Administration

Realizing the Dream

Realizing the Dream is a program that acknowledges first-generation college students for outstanding achievement in their freshman year and are now in their sophomore year. It has been funded by the Lilly Endowment Inc. since 1989. The program was conceived and developed by three individuals who had themselves been first-generation college students — Dr. William C. Bonifield, then Vice-President for Education, Lilly Endowment, and now retired Director of McDermond Center for Management and Entrepreneurship, Depauw University; Mr. William DuBois Jr., then President of the Independent Colleges and Universities of Indiana, and now retired Executive Assistant for Public Relations, Ivy Tech Community College; and Dr. Louis C. Gatto, then the retiring President of Marian College (University), and the former Executive Director of the Indiana Educational Facilities Authority.

Each selected student receives a $2,500 scholarship and they are asked to name a secondary teacher that most influenced their decision to attend college. The nominated teacher receives a $1,000 Professional Development Grant. Each fall there is an banquet held in Indianapolis to honor the student and their selected teacher. Additional family members are encouraged to attend.

ICI Realizing the Dream 2014 from Independent Colleges of Indiana on Vimeo.

Ball Venture Fund Grant

The Ball Venture Fund was created in 1999 to enable the Ball Brothers Foundation to take an active role in encouraging and supporting creative efforts at Indiana’s independent colleges and universities. The program, administered by the Independent Colleges of Indiana (ICI), provides seed money for innovative start-up programs at ICI member institutions. This year the Ball Venture Fund will award one or more grants; the maximum possible single grant award will be $25,000. Grantees are selected through a competitive proposal process.
Only ICI member institutions are eligible to participate. ICI Institutions may submit multiple proposals. Collaboration between ICI member institutions is encouraged.

Only ICI member institutions are eligible to participate. ICI Institutions may submit multiple proposals. Collaboration between ICI member institutions is encouraged.

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Indiana CPA Society

The Indiana CPA Society provides financial assistance to encourage accounting careers and promote financial activities for Indiana students. One such effort is the awarding of $56,000 in scholarships since 2002 to 60 students at independent campuses across the state through the Indiana CPA Educational Foundation.

Eligibility requirements:

  • The student must be a resident of Indiana;
  • attending an ICI member institution;
  • pursuing accounting studies and classes that will lead to a major in accounting or its equivalent, with a career interest in the accounting and finance field;
  • be a member of the Indiana CPA Society (student membership is free); and
  • the student must be in good standing at his/her college/university and be entering their junior year of college after having completed four semesters of course work by the end of the current semester.

INCPA is headquartered in Indianapolis and serves as the statewide professional association for CPAs.

2017 Winners:
Sandra Granda (Manchester University)
Deborah Boruff (Indiana Wesleyan University)
Kelsey Kopf (Saint Mary’s College)

CIC/UPS Scholarships Grant

Each year, State Councils receive grants from CIC to provide CIC/UPS Scholarships for use at every four-year private college and university in the State Councils network. The scholarships are given in the name of UPS, whose financial support was the basis for the CIC/UPS Educational Endowment. Since 1985, approximately $56 million has been awarded in scholarship grants to CIC State Councils to assist more than 20,000 first-generation, low-income, minority, or new American students at independent colleges across the country. This year, ICI was awarded $90,000 which allows for one scholarship per institution in the amount of $3,000.