FINANCIAL AID
FINANCIAL AID
How do we give out millions in scholarships and grants every year?
Easy. Our commitment to keeping education accessible is game-changing.
Did
you know?
More than 95% of EKU students receive financial aid! Plus, there’s even more scholarship money waiting to reward students who work hard and succeed in the classroom.
FINANCIAL AID IS A GAME CHANGER
Financial aid helps bridge the gap between what you and your family need to pay for your education.
It comes in three basic forms:
• Grants and scholarships, which are not repaid
• Loans, which must be repaid
• Work-study and part-time job opportunities on campus
Most students have a combination of these, known as the financial aid package. You may be eligible for financial aid at EKU if you:
• Are admitted to the university as a degree-seeking student.
• Complete the Free Application for Federal Student Aid (FAFSA) each year.
• Are enrolled at least half time (six semester hours for undergraduate students).
• Are a U.S. citizen or eligible non-citizen.
• Meet Federal Satisfactory Academic Progress (SAP) standards.
START WITH THE FAFSA
In order to qualify for need-based awards at EKU, you’ll need to fill out the FAFSA. This determines your eligibility for grants, federal work study and student loan offers.
Complete the FAFSA as early as possible. Some funds and work-study opportunities are limited and awarded on a first-come, first-served basis.
Learn more!
SCHOLARSHIP OPPORTUNITIES
EASTERN KENTUCKY UNIVERSITY
Since scholarships and grants don’t have to be repaid, you’ll want to make them a financial aid priority. Luckily, you’ve got a lot of options! Merit scholarships—which are based on your GPA and optional test scores—are automatically applied if you meet the required deadline. Other scholarship options require applications and have various deadlines.
• Merit
• EKU BookSmart
• Transfer
• Phi Theta Kappa (PTK)
• Maroon Madness • EKU Alumni Legacy • EKU Foundation • EKU Departmental Awards
GRANTS
Complete the FAFSA to apply for federal or state grants!
If you’re an undergraduate student at EKU who qualifies, you may be eligible for the Pell Grant or other grants based on financial need.
LOANS
Loans have to be repaid. While you can use any private loan source, federal sources can provide the best interest rates, so start by filling out your FAFSA!
FEDERAL STUDENT LOANS
If you’re enrolled at least half-time (6+ credit hours), you may qualify for lowinterest federal loans from the U.S. Department of Education.
• Subsidized Loans are based on financial need. No interest or payments while you’re in school.
• Unsubsidized Loans are not need-based. Interest starts right away.
• Parent PLUS Loans are available to parents of dependent students to help cover costs. A credit check is required.
• Loans are disbursed each semester. Repayment begins 6 months after graduation or if you’re no longer enrolled half-time.
WORK-STUDY
EASTERN KENTUCKY UNIVERSITY
With work-study at EKU, you get the convenience of staying on campus, the opportunity to explore potential careers, and a paycheck!
There are plenty of options that span across almost every part of campus, including the library, the campus rec center, dining hall and offices-you can even be a tour guide! Work schedules are flexible and will be built around class schedules. All students, even those who don’t qualify for Federal Work Study (FWS), can work up to 20 hours per week on campus, earning a paycheck and gaining valuable experience!
