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Source: (Photo: ICON-Sportswire/Michael Allio)

UPDATE: The two students were found dead Tuesday morning.  Their bodies were under 18 feet of water near the Paynetown Marina.  It is still not clear exactly what happened, but the cold water, windy weather, and lack of life jackets likely contributed to their deaths.

BLOOMINGTON, Ind. – Indiana Conservation Officers are looking for two college students who went missing while boating.

19-year-old Siddhant Shah and 20-year-old Aryan Vaidya – both students at Indiana University – hopped on a pontoon boat with some friends Saturday.  The group went to Monroe Lake.

The two eventually got into the water and did not resurface.

Their friends say they were not able to help, and rescue efforts were shortened Saturday due to the darkness.

Efforts are still being made to find the missing students.