A nonprofit publication of the Kentucky Center for Public Service Journalism

Allison Ball, Kentucky Saves 529, KHEAA partner for Treasurer’s Summer Challenge; set for July

Kentucky State Treasurer Allison Ball announced Monday a partnership with Kentucky Saves 529 and the Kentucky Higher Education Assistance Authority (KHEAA) to offer the Treasurer’s Summer Challenge that will take place July 1 through July 31. The Summer Challenge is a unique financial literacy educational course for students ages 13-17. One winner will be selected for a $5,000 college scholarship. Allison...

Kentucky education groups kick off FAFSA Fridays campaign to raise awareness about federal aid

Kentucky colleges and universities along with key leaders in education launched a new public awareness campaign – called FAFSA Fridays – to remind students about the importance of applying for federal assistance this summer. The Free Application for Federal Student Aid, or FAFSA form, provides high school seniors, parents, college students and adult learners with a vital opportunity to access financial...

Public prosecutors, defenders may qualify for student loan forgiveness through grant program

Public prosecutors and public defenders in Kentucky may qualify for student loan forgiveness through the John R. Justice Grant program, administered by the Kentucky Higher Education Assistance Authority (KHEAA). Applications must be postmarked or received by June 19. The estimated award is $800 per year. Awards are paid directly to the lender. Eligible attorneys include prosecutors and public defenders...

OJ Oleka: Tour of Ky. campuses indicates private colleges change the lives of low-income students

Setting the benchmark of your first 100 days is a good measure for most leaders. It is in those first few months that you get to set the vision, organize your team, and set out to achieve your goals. In my first 100 days as president of the Association of Independent Kentucky Colleges and Universities (AIKCU), I have visited all 18 AIKCU campuses and learned how our institutions are changing the lives...

KHEAA offers free new edition of ‘Adults Returning to School,’ includes information about financial aid

The 2020 edition of “Adults Returning to School” is now available from the Kentucky Higher Education Assistance Authority (KHEAA). The 162-page book can guide adults who want to pursue higher education through the admissions and financial aid processes. It is divided into three parts. Part I deals with the decision to return to school. It provides information about adult education programs, admissions...

Kyians encouraged to make saving for for college a priority as May 29 college saving day approaches

With 529 College Savings Day approaching, Kentucky’s official education savings plan, KY Saves 529, in encouraging Kentucky families to talk about saving for education at all levels. “Saving for education is a high priority for many Kentucky families. With lowered fees and more features than ever, we’re thrilled to offer KY Saves 529 as an education savings option,” said Executive Director...

KHEAA Money Tip for Students: It’s income tax season so here is some advice to make it easier

Income tax season is approaching, and students may want to consider these tips from the Kentucky Higher Education Assistance Authority (KHEAA) to help the process go more smoothly. Although you may not have earned enough to be required to file, you may be able to get a refund if your employer withheld taxes from your pay. Before you file, discuss the situation with your parents. They may be able to...

Lower fees in works for Kentuckians with a 529 education savings account with KESPT

Lower fees are in the works for nearly all Kentuckians who have a 529 education savings account with the Kentucky Education Savings Plan Trust. The board of the Kentucky Higher Education Assistance Authority (KHEAA), which administers the trust, has chosen Ascensus as the new manager for the plan. Ascensus is the nation’s largest manager of 529 savings programs, which take their name from the section...

Public prosecutors, defenders may qualify for student loan forgiveness through KHEAA-administered grant

Public prosecutors and public defenders in Kentucky may qualify for student loan forgiveness through the John R. Justice Grant program, administered by the Kentucky Higher Education Assistance Authority (KHEAA). Applications must be postmarked or received by March 30. The estimated award is $800 per year. Awards are paid directly to the lender. Eligible attorneys include prosecutors and public defenders...

KHEAA seeking high school juniors for ‘Promote Your School’ scholarship, photo shoot 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 (KHEAA). The school must participate in the Kentucky Educational Excellence Scholarship (KEES) program. To enter, the student must submit an...

KHEAA reminds students to take care when completing information on federal aid application

The U.S. Department of Education is requiring many students who submit the Free Application for Federal Student Aid (FAFSA) to complete a verification process for the information they submit. Used to apply for most federal and many state student aid programs, the FAFSA asks detailed questions about the income and resources of students. Parents are required to provide their information as well if their...

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,...