Office Of Student Financial Aid
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Frequently Asked Questions (FAQ's)

Financial Aid And On Campus Housing

   

1.

Are there financial aid programs available to help pay for the apartment rent?

2.

Will the HOPE scholarship pay for my apartment rent?

3.

I am moving in to an apartment in August, prior to receiving financial aid. How am I supposed to pay the first month's rent?

4.

Will my financial aid pay my apartment costs directly, without me needing to do anything?

5.

May I request KSU to apply my financial aid refund to my apartment rent charges?
   

Are there financial aid programs available to help pay for the apartment rent?

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Yes, students are encouraged to apply for grants, loans and scholarships by completing the Free Application for Federal Student Aid (FAFSA). You may also apply for KSU Scholarships from October through February. You may also use the Office of Student Financial Aid website to search for general scholarships.

   
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Will the HOPE scholarship pay for my apartment rent?

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No, the HOPE Scholarship will pay only tuition and required fees as well as a book allowance.

   
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I am moving into an apartment in August, prior to receiving financial aid. How am I supposed to pay the first month's rent?

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If your financial aid will not pay out until September and you are unable to pay your first month's rent, you will need to contact the University Place, University Village or KSU Place manager directly to see if you qualify for a first month deferment.

   
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Will my financial aid pay my apartment costs directly, without me needing to do anything?

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No, you will be expected to use your financial aid refund (if any) to help you pay the University Place/KSU Place manager for your rent. If you have a financial aid refund due from a student loan or some other type of aid, those funds are processed by HigherOne (in accordance with each student's choice) after Late Registration Drop/Add is completed and student accounts have been credited for the amount owed toward tuition, fees, books, etc.

   
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May I request KSU to apply my financial aid refund to my apartment rent charges?

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Yes, you will first need to contact the University Place, University Village or KSU Place manager. The manager will then contact the KSU Bursar's office for you in order to make the necessary arrangements for any excess financial aid payments you wish to have applied towards apartment rent charges to be handled by the KSU Bursar's office.

   
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Federal Application For Free Financial Aid (FAFSA)
www.fafsa.ed.gov/
 
 
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