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got tuition? Facts About Kentucky

Kentucky College Tuition Facts

Kentucky Financial Aid Facts:

Kentucky offers some options for paying for college, including both academic and need-based aid. These are all state offered programs for Kentucky residents that attend Kentucky schools.

  • Kentucky Educational Excellence Scholarship (KEES)- Merit-based aid that requires a high school GPA of 2.5 or higher. Students can use this scholarship for college or technical school. It is competitive, so the better a student’s high school grades are, the more they will earn toward college scholarships.

  • The College Access Program (CAP) - Financial need-based aid that can be used for public and private colleges, universities, proprietary schools, and technical colleges. CAP Grants are awarded to Kentucky residents enrolled for at least six semester hours (half time) in academic programs that take at least two years to complete. Student’s educational expenses cannot exceed $3,850.

  • The Kentucky Tuition Grant (KTG) - Provides need-based grants to students attending the Commonwealth’s independent colleges. Eligible institutions must be accredited by the Southern Association of Colleges and Schools (or an equivalent regional accrediting association) and not have institutional programs comprising solely religious instruction.

Cost of Tuition:

According to the National Center for Education Statistics, Kentucky residents will spend approximately $8,521 in tuition and room and board fees. This is an estimate of all public colleges and universities in Kentucky.

Estimated Cost of Kentucky Universities (room and board included):

  • Kentucky State University—$8,120 per year

  • University of Kentucky—$15,655 per year

Recent Action:

Members of the University of Louisville, Kentucky created a program in 2007 called “Cardinal Covenant program.” This program targets families at 150 percent below the federal poverty level. Students that qualify receive tuition, room, board, and books at no cost for five years after admittance to the university as long as they meet certain guidelines set forth by the program.

Links:

http://www.easyaid.com/kentucky-financial-aid.html

http://nces.ed.gov/programs/digest/d04/tables/dt04_314.asp

http://www.petersons.com/ugchannel/code/InstVC.asp?inunid=9224&sponsor=1

http://louisville.edu/giving/cardinalcovenant/long.html

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