Henry County Community Foundation Scholarships

The generosity of our donors has made these scholarships available to you.  Through the establishment of their scholarship fund, they are guaranteeing students will receive scholarships in perpetuity.

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Lilly Endowment Community Scholarship Program

This scholarship is designed to raise the level of educational attainment in Henry County by encouraging more students to attend college, graduate and increase the percentage of Indiana residents who hold a baccalaureate degree.

Started in 1998 by Lilly, Inc., the program offers four-year, full-tuition scholarships to Indiana students who intend to work toward a baccalaureate degree at any accredited public or private college or university in Indiana.  The scholarship also provides $900 per year for required books and equipment.

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The henry county education fund

The Henry County Education Fund is a community-based initiative born from the 2022 Bicentennial Celebration to positively impact the area’s future residents. The Fund is held by the Henry County Community Foundation. The initial investment is from the Bicentennial Celebration of 2022. Specifically, the Fund’s goal is to improve the accessibility and completion of post secondary technical certificates through Ivy Tech Community College, with a preference for certificates offered at the local Ivy Tech located at 3325 State Road 3 in New Castle. The Fund will offer last dollar scholarships for the completion of technical certificates. The initial goal is to fund 2 to 4 scholarships in 2024. The long term goal is to fund 100+ scholarships by 2032, Henry County’s 210th Birthday. Higher educational attainment supports community prosperity

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Indiana College Cost Estimator

The National Center for College Costs has developed a new state-wide tool, the Indiana College Costs Estimator. Licensed by the Indiana Commission for Higher Education, it brings free comprehensive college selection, admission and financial aid information to Hoosier students and families.

Additional Funding Opportunities

College can be expensive, but there are many options available to help make it more affordable to students.

  • View our Federal and State Student Funding (PDF) to see some of the financial aid options that are available from the federal government and the State of Indiana for Hoosier students. Visit the link provided to learn more information.
  • P.E.O. is a philanthropic organization that provides scholarships, grants, awards, loans, and other opportunities to women seeking higher education. Visit their website to see what you may qualify for.
  • There are two scholarships available through the Johnson County Community Foundation for which ALL Indiana students may apply. Visit for more information about the Peeples Foundation Trust Fund Scholarship and the Hamann Family Memorial Scholarship.
  • INvestEd assists with college planning, FAFSA filing, and financing options to help students and families make smart decisions about the future.
  • FREE scholarship search engines:
  • 21st Century Scholarship provides students up to four years of undergraduate tuition at any participating public college or university in Indiana. If you attend a private college, the state will award an amount comparable to that of a four-year public college. If you attend a participating proprietary (for-profit) school, the state will award a tuition scholarship equal to that of Ivy Tech Community College of Indiana. Students must apply for the program in 7th or 8th grade and keep up with their Scholar Success requirements throughout high school to maintain eligibility.
    • Additional assistance available to 21st Century Scholars:
      • Purdue Promise (West Lafayette Campus): Purdue Promise provides additional financial support to 21st Century Scholars to assist with tuition and fees, room and board, and books to cover the cost of attending Purdue-West Lafayette full-time. Students will also receive personal support while attending.
      • 21st Century Scholarship Covenant (IU Bloomington Campus): The Covenant supplements the 21st Century Scholars state grant to assist with budgeted costs for tuition and fees, room and board, and books. The receipt of other gift aid and the student’s Estimated Family Contribution (EFC) are also considered in determining the amount of the Covenant award.

31 Answers to Your Questions About College

Presented by Independent Colleges of Indiana, the administer of the Lilly Endowment Community Scholarship, 31 Answers to Your Questions About College is a web-portal where students can find relevant information about college preparation and selection.

Visit for more information and to access the web-portal!