1. Improving their semester credit hours and cumulative grade-point average to meet the required Satisfactory Academic Progress standards during any subs equent period (s emester or r sum mersession) of enrollment; or
  2. Successfully appealing to the Student Financial Aid Committee.

Exceptions

The satisfactory progress requirements are waived for one academic yea r fo r st udents who have not enro lled at Kentucky State University for one academic year. Students attending summer session to re-establish eligibility may be granted financial aid.

Notification of Withdrawal of Aid

Any student receiving financial aid who does not meet the satisfactory progress requirements and whose aid must be withdrawn will be given written notice.

TAX CREDITS

Hope Tax Credit

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.

Life-Time Learning Credit

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.

NOTE: It is recomm ended that per sons interes ted discuss these tax credits with their tax preparers.

INSTITUTIONAL SCHOLARSHIP POLICIES

The University offers a variety of academic and nonacademic Scholarships/Grants-In-Aid for incoming Freshmen (g raduating high school seniors), returning, a nd transfer student. Details of the school's scholarships are provided below. Interested graduating high school seniors and tran sfer 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.

tions. 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.

Academic Scholarship Policy

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 a approval. Kentucky State University commits tomaintaining scholarship programs of fi nancial assistance. All a academic scholarship awards shall be processed by SFA for compliance with the following University policies:

  1. All scholarship and grant-in-aid recipients must have a completed Free Application for Federal Student Aid (FAFSA) on file.
  2. Each continuing academic scholarship recipient must maintain at least full-time status (12 credit hours minimum) and maintain the specified cumulative grade-point average (GPA) based on the individual scholarship program.
  3. All a cademic sc holarship candidates must be enrolled full-time (minimum of 12 semester credit hours) or be admitted to the University and have met University criteria for the award of institutional aid.
  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.
  5. Examples:
  6. Fall—15 hrs. and Spring—15 hrs.; Fall—12 hrs. and Spring—18 hrs.
  7. Academic years are Fall and Spring semesters only.
  8. Each academic scholarship candidate must have at the time of award no less than a 2.5 cumulative GPA on a 4 .0 s scale and a minimum 21 ACT composite score, unless otherwise stated. Individual scholarship programs may require higher academic GPAs and/or test scores.
  9. 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. Not all values of scholarships can be reduced based on the cumulative GPA. Students should refer to specific scholarships to confirm.

KSU CATALOGUE, 2005–2007