Financial Aid/Grant Resources for
Online Students

For information about institutional aid offerings (financial aid offered by SMWC to our students) please visit the Woods Online scholarships page.

Where to look for financial resources.

The list of private grant and scholarship possibilities that follows contains information about both government and private grants and scholarship opportunities. We do our best to share financial aid resources as we are made aware of them, but lists like this one and published directories of grants and resources get out of date very fast. Search using one of the following reputable sites and related links. We recommend that you do NOT pay anyone a fee for grant information, which is available for free with the investment of a little time.

As you begin exploring private grants and scholarships, be aware that some sources require a federal student aid report (SAR) as part of the application, so plan ahead.  It may be helpful to keep in mind different categories of grants/scholarships; especially the more obscure ones can be based on affiliation/family (spouse of an Indiana teacher; daughter of a retired naval officer), ethnic origin (Welsh descent), residence (lives in Vanderburgh county), major, or career (accounting major) and similar restrictions.

Local Resources

Check other scholarship sources in your community such as banks, churches, and women's education, social, and professional organizations. The reference desk at your public library may be able to provide the names of sources. Online students have received scholarships from such local community and civic groups as the Elks, Altrusa, Lions Club, American Legion, American Society of Women Accountants, Business and Professional Women's Organizations, and Alhambra.  Many major corporations and veterans groups also offer scholarships.

Your Employer

Finally, if your employer doesn't currently provide tuition benefits, explore other options at work.  Would your employer be willing to be a Corporate Connection Partner?  The Corporate Connection Program allows employers to offer their employees a 10% tuition discount to selected SMWC programs.  It's free for your employer to sign up.  Would your employer consider extending a book grant or partial tuition?  Every little bit helps.

Online Scholarship and Grant Directories

State Financial Aid Resources

Don't overlook your state's student assistance commission; these state websites often contain helpful links to other sites or databases of private financial resources that you can access for free.

Indiana - State Student Assistance Commission of Indiana (SSACI) -

Illinois - Illinois Student Assistance Commission (ISAC) -

Government Grants

Pell Grants

Eligibility: Based on demonstrated financial need and number of hours.  Must reapply each year.  Applications:  FAFSA available year round. Contact:  SMWC Office of Financial Aid at 812-535-5100 or email

 State of Indiana Grants

Eligibility: Indiana resident.  Must reapply each year.  Based on demonstrated  financial need.  Applications available.  Contact: SMWC Office of Financial Aid at 812-535-5100 or email

Private Grants

Alpha Kappa Alpha Financial Need Scholarship

Amount: Awards ranging from $750 to $2,500. Eligibility: full-time, sophomore or beyond, currently enrolled in an accredited degree-granting institution, GPA of 2.5, community service and involvement.

American Society of Women Accountants

Consult your local chapter; see website for directory.  This organization is committed to awarding scholarships.

Business and Professional Women's Career Advancement Scholarship Program

Amount: $500 - $1,000 for full-time or part-time female students.  100-150 awarded each year.  Eligibility: Women 25 years of age and older, US citizens, with critical financial need and seeking the education necessary for entry or re-entry into or advancement within the workforce.

Business and Professional Women's Clubs

Consult your local chapter.  Reference personnel at your public library may be able to help you locate a contact person or consult Categories in Indiana include scholarships for working women 25 years or older women in transition in the workforce or attending a post-secondary institution at least part-time and a resident of Indiana.

Delta Kappa Gamma Scholarships

Amount: $100 - $1,000.  Eligibility: Women education majors.  Deadline: Varies, chapter by chapter.

Educational Foundation for Women in Accounting

A variety of scholarships available for women meeting specific criteria. 

Deadline: April 15 for all scholarships, except the Laurels scholarship which is May 1. For more information visit

Additional Accounting Scholarships

Additional accounting scholarships can be searched for on the Internet including:

Accountemps/American Institute of Certified Public Accountants Student Scholarship - $2,500 awarded each year to 2 undergraduate or graduate students majoring in accounting, finance, or information systems.

American Society of Women Accountants Scholarship - Varied amount to varied number of undergraduate students majoring in accounting .

Central Intelligence Agency Undergraduate Scholarship Program - Up to $18,000 awarded each year to varied number of undergraduate students majoring in accounting and other areas.

Fifth/Graduate Year Student Scholarship - Up to $4,000 awarded each year to 16-22 senior undergraduate students majoring in accounting.

HSF-ALPA Scholarships - $1,250 to $10,000 awarded each year to varied number of Hispanic heritage students majoring in accounting.

Indiana CPA Society Diversity Summit Scholarship - $1,000 awarded to under-represented racial/ethnic minority students. Application & more details.

Minorities in Government Finance Scholarship - $5,000 awarded each year to 1 named minority undergraduate or graduate student majoring in accounting and other areas.

National Conference of CPA Practitioners - $1,000 awarded each year to 1 freshman majoring in accounting to be CPA.

National Society of Accountants Scholarship - $500 to $1,000 awarded each year to 36 undergraduate students majoring in accounting.

Ritchie-Jennings Memorial Scholarship - $1,000 awarded each year to 15 undergraduate and graduate students majoring in accounting or criminal justice.

Sprint Scholarship/Internship - Up to $5,000 awarded each year to varied number of junior and senior year students majoring in accounting and other areas.

Indiana Council for Special Education Administrators
Rutherford B. Porter Scholarships

Amount: $1,200.  Three available.  Eligibility: 1. Full-time or part-time junior/senior who has demonstrated academically a sincere commitment to the field of special education. Must have professional interest in exceptional children with a declared major in special education, which includes speech language pathology or school psychology.  Must demonstrate a sincere desire to participate and develop activities which contribute locally to persons in need.

Indiana Retired Teachers Association Scholarships

Amount: $1,200.  Eight each year.  Eligibility: Indiana full-time teacher education majors with three completed semesters of college work and who are spouses, children, grandchildren, or legal dependents of active, retired, or deceased educators.  Application: Application form.

Indiana Society for Healthcare HRM Paul W. Guy Scholarship

Amount: $1,000.  One each year.  Eligibility: Indiana resident, junior or senior (full-time or part-time) majoring in Business Administration or Human Resources Management and planning a career in human resources management.

Jeannette Rankin Foundation Awards

Amount: $2,000.  50 available.  Eligibility: Low-income women at least 35 years old, US citizens, clear educational goals.

National Society of Accountants Scholarship

Amount: $500 - $1,000; about 40 awards.  Eligibility:  Accounting majors with at least a "B" average.

P.E.O. Sisterhood Program for Continuing Education

Amount: Varies.  Eligibility: Women continuing/resuming their education.  Must be sponsored by a local chapter of P.E.O. Sisterhood. 

Phi Delta Kappa Scholarship

Amount: $500.  Two available (one given to minority student).  Eligibility:  Sophomores, junior, or seniors majoring in education who graduated from an Indiana high school in Boone, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan, or Shelby counties.

Talbots Women's Scholarship Fund

Amount: $10,000 (5 available) and $1,000 (50 available).  Eligibility: Part-time or full-time students with at least 24 hours remaining.  Financial need and earned high school diploma or GED at least ten years ago.

Woods Online Grants

Amount: Up to $500.  Eligibility: Degree-seeking student who has completed four semesters in the Woods Online program and is within 40 hours of graduation.  Application: Must file for and accept any federal financial aid and still have unmet needs.  Deadline: May 1.  Contact: Financial Aid Office, SMWC.