FINANCIAL AID AND SCHOLARSHIPS

This section of the Catalogue describes financial aid and scholarships for which students must apply. Awards and honors, which do not involve application, are listed near the end of the Catalogue following the Graduate Programs.

APPLYING FOR FINANCIAL AID

Fall and Spring Semesters

Administration of financial assistance is the responsibility of Kentucky State University's Student Financial Aid Office. Students and parents are urged to read the following information with particular care. Established University policies are strictly adhered to in both the award and termination of University financial assistance. Important federal guidelines must also be followed.

NEW FRESHMEN AND TRANSFER STUDENTS

Five specific steps must be followed before a freshman or transfer student may be officially considered for financial assistance:

  1. Every applicant must be accepted into an eligible degree or certificate program;
  2. The prospective student must submit official admission application materials to the Office of Admissions;
  3. Every applicant for financial assistance must complete a Free Application for Federal Student Aid (FAFSA). These forms, together with instructions for their completion, may be obtained either from a high school counselor or directly from the University's Student Financial Aid Office. As early as possible in January or February, the FAFSA should be completed and mailed to the Federal Student Aid Programs;
  4. Every applicant for financial assistance from the University must apply for a Federal Pell Grant. Application information will be sent automatically to the Federal Pell Grant Processor; and
  5. If an applicant is selected for verification, he/she must submit copies of both the parents' and the student's most recent federal income tax returns. If a parent or student did not file a tax return, a Statement of Non-Tax Filing must be completed and submitted to the University's Student Financial Aid Office.

Each of the preceding steps must be completed before a student's application for financial assistance can be considered by the University. Transfer students are responsible for notifying their lenders to defer payments of student loans.

CONTINUING STUDENTS

Three specific steps must be followed before a student already in attendance at the University may be officially considered for financial aid (either initial or continuation award):

  1. 1. Every applicant must complete a new Free Application for Federal Student Aid (FAFSA). The FAFSA should be completed and mailed to the Federal Student Aid Program in early January or February. A student can apply over the Internet at http://www.fafsa.ed.gov instead of using the paper form application. The Kentucky State University School Code (001968) must be indicated on the FAFSA application;

KSU CATALOGUE, 2004-2005

be completed and mailed to the Federal Student Aid Program in early January or February. A student can apply over the Internet at http://www.fafsa.ed.gov instead of using the paper form application. The Kentucky State University School Code (001968) must be indicated on the FAFSA application;

  1. Every applicant for financial assistance from the University must apply for a Federal Pell Grant. Application information will be sent automatically to the Federal Pell Grant Processor; and
  2. If an applicant is selected for verification, he/she must submit copies of both the parents' and the student's federal income tax returns. If a parent or student did not file a tax return, a Statement of Non-Tax Filing must be completed and submitted to the University's Student Financial Aid Office.

Each of the preceding steps must be completed before a student's application for financial assistance can be considered by the University.

SUMMER SESSIONS

Students applying for financial aid for a summer session must submit two forms: the Free Application for Federal Student Aid (FAFSA) and the University's Financial Aid Application. The following conditions apply:

  1. If a FAFSA has been submitted for the immediately preceding academic year, a new FAFSA is not required in order to apply for financial aid for a summer session. Otherwise, a new FAFSA must be submitted before February 15.
  2. A University Financial Aid Application must be submitted before March 30 by every applicant seeking financial assistance for a summer session.

COOPERATIVE EDUCATION CLASSES

In accordance with University policy, federal financial aid will only pay up to a maximum of twelve (12) credit hours for each student who enrolls in Cooperative Education classes (COE course prefix) during his/her academic career at Kentucky State University.

TYPES OF FINANCIAL AID College Access Program (CAP)

Students who are Kentucky residents may apply for a grant from the Commonwealth of Kentucky. They must complete a Free Application for Federal Student Aid (FAFSA), which is available from the University's Student Financial Aid Office. To receive this grant, students must submit the FAFSA prior to the March 15 state deadline.

Federal Pell Grant Program

The Federal Pell Grant Program is the largest federal student aid program available to undergraduate students.