In order to be eligible, a student must:

1. 1. Be a citizen of the United States and a resident of this state.
2. 2. Be enrolled and making satisfactory academic progress or accepted for enrollment at an eligible postsecondary institution on a half-time or greater basis.
3. 3. Demonstrate financial need. A student’s need shall be determined on the basis of a need analysis system approved for use by the commission or under the federal work-study program.
4. 4. Have not defaulted on an Iowa guaranteed loan payment or on a loan guaranteed by the federal government.

85 Acts, ch 219, §4 CS85, §261.84 89 Acts, ch 300, §19, 26; 2023 Acts, ch 19, §2641 C2024, §256.208