Navigate the complexities of college financing with Kennesaw State University’s financial aid assistance.
Pursuing higher education is a significant financial investment, and Kennesaw State University (KSU) understands the challenges students and families face in meeting the costs. The university is committed to providing financial aid to help eligible students overcome financial barriers and achieve their academic goals. This comprehensive guide covers everything you need to know about financial aid at KSU, from eligibility requirements to application deadlines and award types.
Eligibility Requirements
To qualify for financial aid at KSU, students must:
- Be a U.S. citizen, permanent resident, or eligible non-citizen
- Have a high school diploma or equivalent
- Be enrolled or accepted for enrollment as a regular student
- Demonstrate financial need or meet certain academic criteria
- Not be in default on any federal student loans or owe a refund on any federal grants
Types of Financial Aid
KSU offers a wide range of financial aid options to meet the needs of its students, including:
- Grants: Free money that does not have to be repaid.
- Scholarships: Free money awarded based on merit, financial need, or other criteria.
- Work-Study: Part-time employment opportunities on campus that allow students to earn money towards their education.
- Federal Student Loans: Low-interest loans from the U.S. Department of Education.
- Private Student Loans: Loans from banks or other lending institutions.
Application Process
To apply for financial aid at KSU, students must complete the Free Application for Federal Student Aid (FAFSA) at fafsa.gov. The FAFSA is used to calculate a student’s Expected Family Contribution (EFC), which determines their eligibility for financial aid. The FAFSA deadline for priority consideration is March 1st.
Award Process
After submitting the FAFSA, students will receive an award letter from KSU. The award letter will outline the types and amounts of financial aid the student is eligible to receive. Students must accept or decline their awards by the deadline listed on the award letter.
Common Mistakes to Avoid
When applying for financial aid, students should avoid common mistakes such as:
- Not completing the FAFSA: The FAFSA is the key to accessing financial aid, so it is essential to complete it accurately and on time.
- Missing deadlines: Financial aid deadlines are firm, so it is crucial to meet them.
- Not verifying information: KSU may request additional documentation to verify information on a student’s FAFSA. It is important to respond promptly to these requests.
- Borrowing too much: Students should only borrow as much as they need to cover their educational expenses. Federal student loan limits are in place to protect students from excessive debt.
Get Help with Financial Aid
KSU’s Office of Financial Aid is available to assist students with any questions or concerns they may have about financial aid. Students can contact the office by phone, email, or in person.
Estimated Cost of Attendance 2023-2024
| Residing with parents | Residing off-campus |
|---|---|
| $21,734 | $27,536 |
KSU Financial Aid by the Numbers
| Year | Number of Students Receiving Aid | Average Award Amount |
|---|---|---|
| 2021-2022 | 22,325 | $6,750 |
Federal Student Loan Limits for Undergraduate Students
| Year | Direct Subsidized Loan Limit | Direct Unsubsidized Loan Limit |
|—|—|—|—|
| 2023-2024 | $3,500 | $6,500 |
Average Federal Student Loan Debt by Graduation Year
| Year | Average Debt |
|---|---|
| 2016 | $28,400 |
| 2020 | $32,731 |