Kentucky Higher Education Assistance Authority
Year end student aid
Financial aid awards to help students pay higher education expenses increased by $11.8 million (7.7 percent) during FY 2006, according to the Kentucky Higher Education Assistance Authority (KHEAA). KHEAA is the state agency that administers grants, scholarships, Federal Family Education Loans and other programs to help Kentuckians pay for college or technical training.
During FY 2006, KHEAA disbursed more than $177 million, including $83.3 million in need-based grants and $86.5 million in merit-based Kentucky Educational Excellence Scholarships (KEES) funded by Kentucky Lottery revenue. KEES awards are based on students’ yearly high school grade point averages and ACT or SAT scores. No application is required.
High school seniors and others who wish to apply for Kentucky’s need-based grants for the 2007-2008 academic year may do so by filling out the Free Application for Federal Student Aid (FAFSA) as soon as possible after January 1. Parents and students who need help filling out the FAFSA should attend the nearest College Goal Sunday location on January 28.
The sessions are sponsored by the Kentucky Association of Student Financial Aid Administrators and funded by the Lumina Foundation for Education, The Student Loan Peoplesm and KHEAA. For more information and to find a College Goal Sunday site near you, visit http://www.kasfaa.com/cgs/info.htm.
To learn how to plan and prepare for higher education, visit www.GoHigherKY.org. For more information about Kentucky scholarships and grants, visit www.kheaa.com; write KHEAA, P.O. Box 798, Frankfort, KY 40602-0798; or call (800) 928-8926, extension 7381. For more information about student loans, visit www.studentloanpeople.com; write The Student Loan People, P.O. Box 24328, Louisville, KY 40224-0328; or call (888) 678-4625.