Federal Student Aid (Title IV): Programs funded by the U.S. Department of Education, including Pell Grants, SEOG, Direct Loans, and Federal Work-Study.

State Aid: Financial assistance provided by the Commonwealth of Kentucky, including KEES and CAP grants.

Institutional Aid: Scholarships, waivers, and grants awarded directly by Kentucky State University.

Cost of Attendance (COA): Total estimated cost of attending the University, including tuition, fees, housing, meals, books, transportation, and personal expenses.

Expected Family Contribution (EFC) / Student Aid Index (SAI): A measure of a family's financial strength used to determine eligibility for need-based aid.

PROCESS:

1. Application for Aid

  • Students apply annually by completing the Free Application for Federal Student Aid (FAFSA).
  • Priority deadlines are established each year to maximize aid eligibility.

2. Awarding of Aid

  • Aid packages are awarded based on demonstrated financial need, academic merit, and funding availability.
  • Awards may include federal, state, institutional, and private sources.
  • Aid is packaged to ensure compliance with federal and state regulations and institutional policies.

3. Notification

  • Students are notified electronically of their financial aid awards through the University's WIRED system.
  • Award letters include types and amounts of aid, as well as terms and conditions.

4. Disbursement

  • Aid is disbursed directly to student accounts after verification of enrollment and eligibility.
  • Excess funds, if any, are refunded to students according to University refund policies.

5. Monitoring and Compliance

  • The Office of Financial Aid monitors student enrollment, Satisfactory Academic Progress (SAP), and other compliance standards.
  • Students failing to meet SAP or other eligibility requirements may lose aid.

6. Counseling and Support

  • Financial Aid staff provide advising on loan borrowing, budgeting, debt management, and repayment.
  • Special counseling is available for first-time borrowers and students at risk of losing aid eligibility.

REFERENCES AND RELATED MATERIALS: