All aid, including scholarships, grants, loans, tuition remission, 3rd party payments, housing waivers and benefits, awards and prizes, and other various programs must be counted as estimated financial assistance in a student's total aid package.
It is the student’s responsibility to report all sources of estimated financial assistance. Examples include departmental scholarships, employee tuition remission, outside scholarships, alternative (or outside) student loans, third party assistance, housing benefits or waivers, etc. contact the Financial Aid office to report the additional source/resource. Reporting this information to the Student Financial Aid Office early will help prevent changes in eligibility that may result in reductions to financial aid.
When the Student Financial Aid Office identifies an overaward, adjustments will be made to the student's aid package to ensure compliance with federal and state regulations. Self-help aid (i.e. loans and work-study awards) is adjusted before grant or scholarship aid. If an overaward occurs after aid has been disbursed, the student may be required to repay all or a portion of their financial aid to the University.
Undergraduate Stacking Policy
The sum of all institutional aid received by a student cannot exceed Kentucky State University's standard direct costs to be determined each year. Direct costs include tuition, average room and board, and average book costs. For the 2018-2019 academic year, the projected stacking limit is $15,830 for residents and $27,130 for non-residents. *The amounts listed here reflect costs for 2018-2019 and 2019-2020 and will be updated once they have been finalized for 2020-2021.
Any funding paid by Kentucky State University may be considered institutional aid and cannot generate a refund. Some examples are admission-based scholarships, departmental awards, employee tuition remission, KRS benefits, housing waivers and benefits, and athletic scholarships.
Kentucky State University reserves the right to adjust institutional scholarship awards when a student’s total institutional aid exceeds the designated limit.
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(4) Application Process
The Student Financial Aid Office coordinates a variety of programs to help students succeed academically by removing financial barriers to the cost of education. These programs, which include scholarships, grants, work-study, and loans, may be awarded in various combinations and amounts to help meet the individual needs of students. However, there are situations when the university's funding levels limit the percent of financial need that can be met.
Awards are contingent upon continued funding from federal, state, and institutional sources and state legislative decisions regarding tuition. Awards are subject to change and may be rescinded or reduced if funding is insufficient or discontinued. Kentucky State University tuition, fees, and room and board charges are subject to change by the Board of Regents and the Kentucky Council on Postsecondary Education.
Your need for financial aid is determined from data contained on the Free Application for Federal Student Aid (FAFSA). Students who are U.S. Citizens are strongly encouraged to complete this application annually at www.fafsa.ed.gov or call 1-800-433-3243 to receive an application. FAFSA on the Web worksheets are available to pick up from the Student Financial Aid Office. We suggest you file the FAFSA online, because it will take less processing time. Students should file the FAFSA as soon as possible after the application becomes available on October 1st of every year. If you do not have internet access, you may use the self-service