Kentucky State assists students with financial debt
Â鶹¶ÌÊÓƵ´«Ã½ continues to help alleviate the financial burden for students with financial needs and in good academic standing. Â鶹¶ÌÊÓƵ´«Ã½ officials aided students in the Fall of 2022 and Spring of 2023 with outstanding tuition and fee balances owed to the institution. Debt forgiveness in the Fall totaled $410, 379, assisting 231 students, and the Spring totaled $917,919, helping 403 students.
Students with a GPA of 3.5 or above received 100 percent debt forgiveness. Students with GPAs less than 3.5 received debt forgiveness based on one of the following four tiers:
Tier 1: Balance of $1,000 or less, 100% debt forgiveness
Tier 2: Balance of $1,001-$2,500, 90% debt forgiveness
Tier 3: Balance of $2,501-$5,000, 85% debt forgiveness
Tier 4: Balance of $5,001 or above, 80% debt forgiveness
The University utilized the Higher Education Emergency Relief Fund (HEERF) to provide emergency financial aid grants to assist students with financial needs.