Parents of students classified as freshman or sophomores could be eligible for a $1,500 tax credit based on the cost paid for qualifying expenses for the student to attend the University. The credit applies to payment made after January 1, 1998. The student must be enrolled at least half-time at an accredited institution.
Effective July 1, 1998, an individual enrolled at an institution of higher learning classified as a junior or senior could qualify for a tax credit of up to 20% of the cost paid for qualifying expenses up to a maximum of $1,000.
All academic scholarship candidates must be enrolled full-time and earn at least 30 semester credit hours per academic year.
Each continuing academic scholarship recipient must maintain full-time status during each semester and successfully complete a minimum total of 30 non-repeated semester credit hours (unless otherwise stated) during each academic year.
Each academic scholarship candidate must have at the time of award no less than a 3.0 cumulative GPA on a 4.0 scale and a minimum 21 ACT composite score, unless otherwise stated. Individual scholarship programs may require higher academic GPAs and/or test scores.
NOTE: It is recommended that persons interested in discuss these tax credits with their tax preparers.
The University offers a variety of academic and nonacademic Scholarships/Grants-In-Aid for incoming Freshmen (graduating high school seniors), returning, and transfer students. Details of these scholarships are provided below. Interested graduating high school seniors and transfer students should contact the University’s Admissions Office and returning students should contact the Office of Student Financial Aid (SFA) for appropriate application materials.
Institutional scholarships are monitored by SFA and the University’s Scholarship Committee. The Committee is charged with conducting an ongoing review of scholarship policies, fees, and monitoring the award of all institutional scholarships for compliance with university regulations. Graduating high school seniors will be notified by the Admissions Office. Notifying returning scholarship candidates of their status will be initiated no later than ten (10) working days after the end of the academic year (spring semester) by the Financial Aid Office.
Changes in guidelines and procedures for scholarships shall be recommended by academic units, schools, and/or colleges and submitted to the Scholarship Committee for review and submission to the President for approval. Kentucky State University commits to maintaining scholarship programs of financial assistance. All academic scholarship awards shall be processed by SFA for compliance with the following University policies:
All scholarship and grant-in-aid recipients must have a completed Free Application for Federal Student Aid (FAFSA) on file by April 15th.
3. All academic scholarship candidates must be enrolled full-time and earn at least 30 semester credit hours per academic year.
Each continuing academic scholarship recipient must maintain at least full-time status (15 credit hours minimum) and maintain the specified cumulative grade-point average (GPA) based on the individual scholarship program.
4. Each continuing academic scholarship recipient must maintain full-time status during each semester and successfully complete a minimum total of 30 non-repeated semester credit hours (unless otherwise stated) during each academic year.
Scholarship awards may be reduced or terminated if the recipient fails to meet the requirements outlined for renewal of the specific scholarship. Not meeting the hour requirement will automatically disqualify the student from receiving a renewal. It is the student’s responsibility to monitor his/her own academic progress and to comply with the stated criteria for renewal.
Award recipients will not be eligible for scholarship awards for the semester(s) during which they participate in University-coordinated co-op training if they are being paid by an outside source for the training. The Office of Student Financial Aid must be notified in writing by the student of his/her intent to participate in co-op training as early as possible and no later than two weeks before the start of the semester in which the co-op training will occur.
Renewable scholarships will only be awarded for a maximum of 4 years (8 semesters). Students are not eligible to appeal scholarships after completing the maximum number of years.
Scholarship awards will be credited to the student's account upon enrollment and completion of the FAFSA application. For annual awards, one-half of the award will be disbursed at the fall semester registration and one-half at the spring semester registration. Unless otherwise stated in the description of the scholarship, summer scholarship awards are not available. Summer grades and credit hours earned by summer scholarship recipients will not be used to increase cumulative GPA and credit hour totals for the preceding academic year (fall and spring). However, students have the right to appeal through the Scholarship Committee.
Examples:
Fall—15 hrs. and Spring—15 hrs.;
Fall—12 hrs. and Spring—18 hrs.
Academic years are Fall and Spring semesters only.
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