KHEAA offers tips to students help avoid getting into trouble through mismanagement of credit cards

Students can get into trouble with credit card debt if they don’t take time to think about what they’re doing, according to the Kentucky Higher Education Assistance Authority (KHEAA). One quick way to get into trouble is to carry a high balance and pay only the minimum payment each month. If you have a $1,500 balance, your minimum payment might be $30 a month, since many credit card companies set...

Dream Out Loud Challenge provides state students with a chance to win $1,000 college scholarship

More Kentucky students will have a chance this year to win money toward college and $500 for their school in the “Dream Out Loud Challenge.” Students are invited to submit an original drawing, poem, essay or video answering the question: “How will I change the world after I go to college?” The annual challenge, sponsored by the Kentucky Education Savings Plan Trust (KESPT), is intended to encourage...

Heads up students, on loan repayments: be wary of repayment sales pitches

If you owe money on federal student loans, you should be wary of sales pitches from companies offering to help borrowers lower their payments, warns the Kentucky Higher Education Assistance Authority (KHEAA). Such companies charge fees — sometimes high fees — for filling out forms that you can do for free. Many will want to charge monthly fees for monitoring your loans. KHEAA is the state agency...

Kentucky junior may win scholarship, photo shoot through KHEAA high school contest

A rising junior at one of Kentucky’s public or private high schools will win a $500 scholarship and a photo shoot at his or her school through the “Promote Your School” scholarship contest, sponsored by the Kentucky Higher Education Assistance Authority.   To enter, the student must submit an essay about one of these subjects:   · What my aspiration for my generation is; ·...

These tips may help students do better on the ACT; juniors take the test on March 3

Juniors in the state’s public high schools will take the ACT on March 3. These tips from the Kentucky Higher Education Assistance Authority may be helpful.   · Read, read, read. Most of the ACT is based on reading. The more you read, the better you’ll do.   · Take advantage of any free ACT prep courses offered by your school or by local colleges and libraries.   ·...

Filing for FAFSA early gives students better chance; given on first-come, first-served basis

  Kentucky students planning to attend an in-state college or university this fall should file the 2015-2016 Free Application for Federal Student Aid as soon as possible. Filing early increases a student’s chance of receiving a state need-based grant administered by the Kentucky Higher Education Assistance Authority. The FAFSA is available here.   A student attending a college or university...

Many ways to pay for college says Kentucky Higher Education Assistance Authority

Students taking a break at Western Kentucky University at the top of the Hill (Photo from WKU/Facebook)   High school seniors and their parents beginning the college financial aid process will find there are many types of aid available. This list from the Kentucky Higher Education Assistance Authority provides short descriptions of the most common types:   · Conversion scholarship/loan....

Change in state law allows Kentucky Lottery to air 'Where the Money Goes' commercials

The first ‘Where the Money Goes’ commercials features Molly Anderson, a recent University of Kentucky graduate and special education teacher with the Fayette County Public Schools.   For the first time in its 25-year history, the Kentucky Lottery today is advertising where proceeds from the sale of its games are spent.   This has never happened before because, until recently,...

Free guide available to help Kentucky students survive their first year in college

Kentucky students headed to college in the fall have a free resource to help them through their first year on campus.   Surviving College, a guide to students’ first year, is now available free from the Kentucky Higher Education Assistance Authority (KHEAA).   The 36-page booklet includes the following sections: · Majors and class schedules; · Staying healthy and safe...