POLICY TITLE: Student Financial Aid Policy

APPLIES TO: Students Receiving Financial Aid

ADMINISTRATIVE AUTHORITY: Office of Financial Aid

APPROVED BY: President Koffi C. Akakpo (Interim Approval)

EFFECTIVE DATE: September 26, 2025

EXPIRATION DATE: Sixth Months from Approval if Not Renewed or Made Permanent

NEXT REVIEW DATE:

The Office of Student Financial Aid coordinates the administration of all financial aid programs at Kentucky State University, including federal, state, institutional, and private funding sources. Aid is distributed in a timely manner to ensure equity, compliance, and consistency, while supporting the University's mission to expand educational access.

The mission of the Office of Financial Aid is to assist and advocate for students by introducing them and their families to available types of financial assistance, improving access to higher education, and increasing opportunities for student success. While financial aid significantly reduces costs, in most cases federal and state resources alone do not fully cover tuition expenses.

Financial Aid: Monetary assistance provided through grants, scholarships, loans, and work-study programs.