Private loan disbursements depend on when the funds are received. The documents tab will tell you if requirements are incomplete. Once any of these funds are received, it usually takes one week to credit the student's account. Students who do not pay their bill in full by the original tuition due date will automatically be placed into the NKU installment plan. The academic progress of financial aid applicants will be reviewed as NKU receives FAFSA data. If attending part-time, you must complete an enrollment adjustment form prior to the start of classes in order for your aid to disburse at the beginning of the term. 2.5 GPA, you earn a KEES award ranging from $125 (for a 2.5 GPA) to $500 (for a 4.0 GPA). The "on-track to graduate" requirement will not be monitored until you have attended UofL for a total of 4 terms. Students whose cumulative GPA remains between 2.5 press 2.99 will receive half their award. NKU is required to comply with Title IV federal regulations in this manner to ensure continued participation in federally funded aid programs. What are the requirements to qualify for In-State Fees? At myNKU, go to Biller Direct Tab, then select Manage Bank Accounts, Add Account, Enter Bank Account Details, Check Box for Account to Refund, Click Review and Click Confirm. This scholarship is only for students transferring from the Kentucky Community and Technical College System. At the time financial aid is disbursed to the student account, the Student Account Services Office will deduct any balance due the university. The student may also be required to repay a portion of the aid funds that were directly disbursed to him or her in the form of a residual check. asked questions about the FAFSA. Disbursed financial aid that exceeds your balance owed to the university is considered excess. Scheduled breaks of more than four consecutive days are excluded from this calculation. If a student does not earn 67 percent of the credit hours attempted during the first semester of financial aid probation, he/she cannot receive aid for the second semester. The documents tab will tell you if requirements are incomplete. You may go to myUK , then to Financials and then Financial Aid. Post-Withdrawal Disbursement of Title IV Aid: The Office of Student Financial Assistance will determine if a student is eligible to receive Title IV funds that were awarded but not yet disbursed to the student at the time of his or her withdrawal from school. Although the Office of Student Financial Assistance fully intends to adequately fund any commitments made to the student, circumstances can change. Students receiving financial aid may obtain a temporary deferment of their financial obligation if the financial aid process is complete (that is, estimated aid is viewable on the students account and covers the entire account balance owed). Students apply for federal, state, and institutional aid programs by completing the FAFSA (http://fafsa.gov). For more information on the preference selections to receive any future eligible refund, please refer to the Bursars website. KEES (Kentucky Educational and Excellence Scholarship), Mail: 100 Airport Road, Third Floor, Frankfort KY 40601. All rights reserved. Any student who continues to remain unpaid by the fourth notice will receive the final warning letter at the students standard address on file with the university registrar as well as at his or her NKU email address. Meet the character and fitness requirements of Kentucky's Education Professional Standards Board and Kentucky's Professional Code of Ethics as outlined in 16 KAR 1:020 Current enrollment . Accounts must be paid in full by the close of business on that day. When part-time, your aid eligibility will be reassessed and your awards will be adjusted accordingly. Students who do not attend their classes are subject to being dropped by their instructors for nonattendance. These steps must all be performed electronically at http://ipromise.campuspartners.com. Not have been enrolled previously as a degree-seeking student at NKU. Use your money to pay for college, not scholarship searches . If not enrolled full-time, KEES award amounts pro-rate based on enrollment status. Total number of calendar days in the semester. Students should always review the policy on our website (http://financialaid.nku.edu) or contact our office for the most current information. Some financial aid awards are restricted to payment of specific charges only and are not able to be refunded to you. Please note, for your safety and ours, effective January 1, 2018 cash payments* on student accounts at our office will be limited to $5,000 per semester. The Maysville Republican is the bills primary sponsor. The text of the legislation is available at http://www.lrc.ky.gov/KRS/164-00/7874.PDF.How does this legislation affect your KEES Scholarship?If you graduated from high school before May 2009, you are subject to the previous regulations that require you to have a 3.0 cumulative grade point average (GPA) at the end of each spring term at the institution you are currently attending to retain eligibility for your full KEES scholarship or a 2.5 to 2.99 cumulative GPA to receive one half of your KEES scholarship. Office: Student Account Services Office hours are subject to change as necessary and are posted outside the office and on the Student Account Services website (http://inside.nku.edu/studentaccountservices). Does it need to be a hard copy? The student may print off their account statement via their myNKU account under the Biller Direct tab and the Pay Your Bill link. The student is responsible for all outstanding debts and contracts with the University, including but not limited to institutional charges for tuition & fees, room & board, parking citations and registration, library fines, course books, insurance, class resource materials etc. A student ineligible to receive financial aid for failure to meet the standards of satisfactory academic progress may re-establish his/her eligibility by enrolling at his or her own expense in a subsequent term and meeting the standards according to the qualitative (GPA) and quantitative (pace of completion) measures. Campus recreation fee - All students are charged an additional, per credit hour student recreation center fee as approved by Student Government Association and NKUs Board of Regents. During any semester, a student must be enrolled for at least 6 semester credit hours to receive a student loan and 12 semester credit hours to be considered a full-time student. The COA differs based on a students residency (Kentucky resident or nonresident). How do I apply? Telephone: 859-572-5143 Any remaining balance must be repaid before the student can receive further financial assistance. Late registration fee - Students registering as of the first day of the term will be assessed a late registration fee. The better they do in high school, the more they earn toward college. To receive financial aid, a student must be enrolled in a program leading to a degree. This policy is current as of the date of this publication and could be subject to change due to federal, state or institutional adjustments. Because the complete tuition rates are not officially approved until after the catalog is finalized for publication, it is not possible to include the tuition schedule in this catalog. A dedicated call center is available to assist with all phone inquiries. This agreement and rate is subject to change or can be discontinued at any time. A 4.0 GPA earns a student $500 a year towards college. Scholarships from agencies outside the University and from University departments arrive at different times and questions concerning when those will be disbursed should be directed to the agency who made the award. However, students may appeal if they have experienced unusual or mitigating circumstances that prohibited them from meeting these standards. . NKU administers the federal work-study program and an institutional student employment program. What are the requirements to be admitted to UK? Disbursements are made on a semester basis. They have a choice of checking account and can change it at any time. To avoid any additional fees, the balance will need to be paid in full by the tuition due date each semester. Select the Student Services tab, click on Financials and then Financial Aid. For more information on the preference selections to receive any future eligible refund, please refer to the. For current students, satisfactory academic progress is usually determined in early June. Students whose academic standing status is academic warning, academic probation, or suspension are not considered to be meeting the qualitative (GPA) standards of academic progress. You must be full time and meet all other eligibility requirements to receive the full amount of the award.If you graduated from high school in May 2009 or later, you are subject to the new regulations. Scholarships from agencies outside the University and from University departments arrive at different times, and questions concerning when those will be disbursed should be directed to the agency who made the award. Louisville Democratic Rep. Attica Scott voted against the measure over concerns about the financial impact. If a student was denied financial aid because he/she did not earn at least 67 percent of the total hours attempted due to incomplete grades, and now grades have been recorded for those hours to meet the quantitative (pace of completion) progress standard, the student should contact the Office of Student Financial Assistance to have his/her aid eligibility re-evaluated. All estimated aid is awarded based on the number of enrolled hours. KEES gives Kentucky high school graduates scholarships to private and public Kentucky colleges and universities. The website (. government loans by filing the FAFSA, alternative loans, savings, etc.) Electronic signature of the Master Promissory Note requires the pin number assigned to you by the federal government when you completed the FAFSA. Students should be sure to regularly check their NKU email accounts. Money Management; Getting In; Student Resources; Scholarships and Grants. To be eligible for KEES money, you must meet the following criteria: -You must be a Kentucky resident -You must be enrolled in or accepted for enrollment in an eligible college or university in Kentucky -You must be enrolled in or pursuing a degree or certificate program at an eligible college or university in Kentucky -You must have a high scho. The Admissions Office determines residency for undergraduate students. Students must enroll and maintain current direct deposit bank account information by signing into the myUK portal and following instructions on the Financials Tab. Any accounts sent to collection are assessed a collection fee on their full unpaid balance and are reported as a delinquent account to the credit bureaus. A dedicated student and communication service account is monitored by a team equipped to provide assistance to students. Refunds from financial aid are given when the aid you receive exceeds your UK charges. . These students will be subject to the standards of satisfactory academic progress at the end of their first academic year and thereafter. Must include the billing address of the sponsor, Contain the name and phone number of a contact person, Specify what fees or portion of fees the sponsor will pay, Meet the deadline for the scholarship application. Your aid will not credit until after the last day of to add a class, which is about 10 days after the first day of class. At the end of each semester, the employer will usually ask for a copy of an account statement indicating the balance has been paid and by what means. Most awards are based on full-time enrollment. Pell and CAP Grants will not credit until after the last day to add a class for part-time students. To determine eligibility, contact the Kentucky Department for Veterans Affairs at 502-595-4447. Please note any citizenship or residency requirements. Be a U.S. citizen, national or permanent resident. The earliest to expect a refund is the week classes begin IF your aid (not including Pell Grant, CAP Grant, and KEES) exceeds your university charges AND you have completed all requirements. Disbursement of awards is based on compliance with all eligibility requirements including your enrollment and satisfactory academic progress. Students who register and later change their plans for attendance should not rely on the cancellation for nonpayment or cancellation for nonattendance processes to complete administrative drops for them. Most awards are based on full-time enrollment. Financial Aid from most federal and state aid programs is based on a student's enrollment as of the terms census date, which is the day following the last day to drop and receive a 100% tuition credit. Withdrawing from classes could result in loss of or return of a students financial assistance. Students must be full time, Pell Grant eligible and must maintain a 2.5 GPA. The Bursar's Office will then post the aid to your account. Documentation to support all extenuating and/or unusual circumstance detailed in the letter. Most financial aid awards disburse to your student account beginning with the start of each semester or upon gaining eligibility during your semester of enrollment. Electronic signature of the Master Promissory Note requires the pin number assigned to you by the federal government when you completed the FAFSA. If the student fails to meet the academic plan as outlined, the student will no longer be eligible to receive federal financial aid. The website address to complete the eMPN is, Legacy Tuition Program Updates for Fall 2024, SAP Policy for College of Dentistry Students, SAP Policy for College of Medicine Students, Federal Direct Subsidized and Unsubsidized Loans. The students record will then be evaluated to determine if he/she is meeting the pace of completion requirement. When can I expect to see my KEES money? opportunities and a higher earning potential. Have earned a minimum 3.0 cumulative GPA. Donovan scholars are responsible for books, supplies, course fees, parking, and applicable taxes. Students will be notified of the results of their appeal. International students may be eligible for university-sponsored scholarships listed on the Office of Student Financial Assistance website. Pell Grants and CAP Grants begin crediting full-time students' accounts 10 days before classes begin. In order to receive a KEES award at the University of Kentucky (UK), the Office of Student Financial Aid and Scholarships (OSFAS) must have your social security number (SSN) on file so that the OSFAS can request your KEES money from KHEAA. Federal Supplemental Educational Opportunity Grant. Navigate to the Required Documents tab to determine if items . Effective Fall 2017 - New incoming full-time students who live in the following Ohio and Indiana counties may be charged the regular non-resident rate but qualify for theTuition Incentive Program. If authorization is not received, the student will be required to make the full payment by the published due date. Number of calendar days remaining in the semester Students who have a tuition sponsor (such as an embassy, government program, or any other agency/business outside Northern Kentucky University) billed on behalf of or for all their tuition and fees must provide an official authorization. Location: Lucas Administrative Center 235 To qualify, students must be residents of the following counties: Eligible students must be new students entering in fall 2017. The earliest to expect a refund is the week classes begin IF your aid (not including Pell Grant, CAP Grant, and KEES) exceeds your university charges AND you have completed all requirements. What states accept KEES money? Kentucky Students' Right to Know Dashboard This dashboard links college majors to the most in-demand jobs in Kentucky; it also provides information about typical education requirements, wages and institutions offering these majors.
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