AFFORDABILITY Key Performance Indicator
Unmet Financial Need
Unmet need is the average annual amount students pay out of pocket after financial aid and expected family contributions (EFC) are subtracted. The metric includes FAFSA filers only, which is nearly 90% of enrolled students. The metric is calculated by taking the cost of attendance and subtracting EFC and all federal, state, local and institutional scholarships or grants. Campuses did not set targets for this indicator, but the statewide 2023-24 target is $9,702 for public universities and $5,559 for KCTCS, a 5% decrease from baseline.
INSTITUTION2017-182018-192019-202020-21 Baseline2021-222022-23
Eastern Kentucky University
Overall9,5339,7879,4619,3207,8057,369
URM*11,66612,09711,76711,4769,6629,277
Low-Income12,37812,48412,44112,43710,6059,484
Kentucky State University
Overall14,19811,98011,50513,26612,79713,171
URM14,96812,26611,77413,60413,15313,375
Low-Income15,61012,76811,94313,96413,81315,177
Morehead State University
Overall9,7269,3128,9318,9028,2707,385
URM11,84611,20410,79110,67210,2919,209
Low-Income12,06011,44911,25611,44510,4289,460
Murray State University
Overall8,2739,6379,8129,4198,1666,920
URM10,36812,53012,95512,85210,8449,316
Low-Income12,54914,19514,75914,70413,38611,165
Northern Kentucky University
Overall10,28210,19210,65210,88310,40411,206
URM12,47212,51713,21413,58312,14414,027
Low-Income14,71314,67915,66616,19414,24216,572
University of Kentucky
Overall12,67911,90912,01211,21910,80510,485
URM15,10114,73114,57913,85213,83813,109
Low-Income18,64817,92518,55018,54118,02917,455
University of Louisville
Overall9,71510,47110,60910,88911,22310,989
URM11,00512,24912,45612,77013,62313,079
Low-Income13,48514,60715,09115,34515,64514,906
Western Kentucky University
Overall9,4459,2008,9269,0548,7828,426
URM12,17011,79011,64911,56711,02910,450
Low-Income13,81613,72913,66014,24414,07713,249
*Underrepresented minoritized students (URM) include Black, American Indian or Alaskan Native, Hispanic or Latinx, Native Hawaiian or Other Pacific Islander and two or more races. Low-income students are Pell grant recipients during their year of entry.
Kentucky Council on Postsecondary Education