Stipends and insurance for students
Understand what your budget will need to include for student academic appointees and other fellowship holders. You can always email vpfinadm@indiana.edu with questions as well.
Understand what your budget will need to include for student academic appointees and other fellowship holders. You can always email vpfinadm@indiana.edu with questions as well.
Academic RCs are expected to cover the SAA health insurance premium for eligible student academic appointees and fellowship holders who are funded in BOTH general and non-general accounts. A campus account will cover the SAA health insurance premium for eligible student academic appointees and fellowship holders paid from GENERAL fund accounts for Support RCs. Support RCs must budget funds to cover charges to their applicable NON-GENERAL-fund accounts only. Use object code 5610 for this purpose. Object Code 5610 will be used for both Fellowships and SAAs for FY25.
The Student Health Insurance Plan is mandatory for all Student Academic Appointees (SAA) who are appointed at 37.5% FTE or greater (15 hours/week or more) for the Fall and/or Spring Semesters, and Fellowship Recipients with an award of $6,750 or more each semester, Fall and/or Spring. All SAAs and Fellowship Recipients must be enrolled in a minimum of six credit hours or G-901 each semester (summers excluded). Premiums for SAAs and Fellowship Recipients are fully subsidized by the university or an external granting agency.
Semester | Rate |
Fall 2024 | $1,852.05 |
Spring 2025 | $2,644.73 (2% increase) |
Total 2023–24 | $4,496.78 |
FY25 minimum rates, $23,000 for 10 months (AY) for 0.50 FTE (20 hours/per week). There is no mandatory increase for SAAs in FY25.