We assume you will accept all standard scholarships and grants listed on your award notification; therefore, you do not need to accept these awards. The Federal Work Study, Federal Subsidized Loans, Federal Unsubsidized Loans, Federal Parent PLUS Loans, Graduate PLUS Loans are an exception. TEACH Grants require action by you because it may become a loan if service obligations are not met. If you are awarded a TEACH Grant, you must accept it if you are interested in participating the program. If you want to reduce or decline any of these awards, please follow the instructions for reviewing, accepting, reducing, and declining awards via your student self-service access, WIRED at www.kysu.edu. If you prefer, you may reduce or decline an award by submitting a signed statement regarding your adjustments to the Student Financial Aid Office.
Once you receive an award notification, if you have been offered a federal loan, Federal Work-Study award, or a TEACH Grant, action is required from you to accept, reduce, or decline your award.
It is important to understand 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 Awards are subject to change and may be rescinded or reduced if funding is insufficient or discontinued.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. All financial aid awards are subject to change or cancelled if it is determined you do not meet the eligibility requirements. We fully intend to be able to adequately fund any commitments which are made to you, but there is a possibility a program may be discontinued or funds may not be appropriated to the university. If this happens, we will revise your award or withdraw the offer and notify you via WIRED.
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(11) Award Disbursement
Anticipated Aid
Most financial aid that has been awarded, but has not been disbursed to your student account, will be reflected as anticipated aid on your student account. You need to apply before our priority deadline of January 15th annually if you are dependent on financial aid for settling your bill and living expenses. If your bill is not settled by the published due date with anticipated aid, you will have to use other means for settling your account. Descriptions of other methods for settling your bill is available on the Bursar's Office website.
Emergency Advance
You may apply for a emergency advance by contacting the Bursar’s office. Generally, the advance is available a couple of days prior to the start of the fall and spring semesters. The maximum amount that will be advanced is