KYCOM Scholarship Information

The most commonly awarded scholarships are service commitment scholarships and specific state scholarships based on residency status. The Office of Student Financial Services maintains a list of  KYCOM scholarship opportunities. Please note that if a student signs a service commitment scholarship while enrolled, he or she may not be able to participate in certain state or federal loan repayment programs after graduation. To be eligible to participate in most loan repayment programs, prior commitments must be fulfilled by service or repayment plan.

Scholarship for Disadvantaged Students

Contingent upon available funding, KYCOM will be awarding Scholarships for Disadvantaged Students (SDS). The federal program assists with the cost of tuition and other reasonable educational expenses. Students must be considered disadvantaged, either economically and/or educationally/environmentally, to qualify. SDS awards will be applied to the fall and spring terms and will cover at least one half of the annual tuition amount up to $30,000 per year. No financial aid awards may exceed the student’s cost of attendance at KYCOM. For more information, please see below:

Overview
Contingent upon available funding, KYCOM will be awarding Scholarships for Disadvantaged Students (SDS). The federal program assists with the cost of tuition and other reasonable educational expenses. Students must be considered disadvantaged, either economically and/or educationally/environmentally, to qualify. SDS awards will be applied to the fall and spring terms and will cover at least one half of the annual tuition amount up to $30,000 per year. No financial aid awards may exceed the student’s cost of attendance at KYCOM.

Requirements
To qualify, you must be a U.S. citizen, enrolled full-time, in good academic standing, come from a disadvantaged background and have a severe financial need for funding.

Citizenship
A student applicant must be a citizen or national of the United States, or a lawful permanent resident of the United States, the Commonwealth of Puerto Rico, the Northern Mariana Islands, the Virgin Islands, Guam, American Samoa or the Trust Territory of the Pacific Islands, the Republic of Palau, the Republic of the Marshall Islands or the Federated States of Micronesia.

A student who remains in this country on a student or visitor’s visa is not eligible. When necessary, documentation of citizenship must be provided.

Disadvantaged Student Status – Eligibility An educationally or environmentally disadvantaged student is an individual who comes from an environment that has inhibited the individual from obtaining the knowledge, skills and abilities required to enroll in and graduate from a health professions school or from a program providing education or training in an allied health profession.
To be identified as educationally or environmentally disadvantaged, KYCOM will consider applicants who meet one or more of the following criteria:

  1. The individual graduated from (or last attended) a high school with a low SAT score based on most recent data available.
  2. The individual graduated from (or last attended) a high school from which, based on most recent data available:
    • a. Low percentage of seniors receive a high school diploma; or
    • b. Low percentage of graduates go to college during the first year after graduation.
  3. The individual graduated from (or last attended) a high school with low per capita funding.
  4. The individual graduated from (or last attended) a high school at which, based on most recent data available, many of the enrolled students are eligible for free or reduced-price lunches.
  5. The individual comes from a family that receives public assistance (e.g., Aid to Families with Dependent Children, food stamps, Medicaid, public housing).
  6. First-generation in the family to attend college.

Or
An economically disadvantaged student is an individual who comes from a family with an annual income below a level based on low-income thresholds according to family size published by the U.S. Bureau of the Census, adjusted annually for changes in the Consumer Price Index, and adjusted by the Secretary of Health and Human Services for use in health professions and nursing programs.

The parental income will be used to determine a student’s eligibility for disadvantaged in all cases except in those cases where the student is considered independent by being at least 24 years old and has not been listed as a dependent on his or her parents’ income tax for three or more years. In those cases, the student’s family income will be used instead of parental family income.

Students must submit three years of their and their parents’ federal tax returns and/or statements from the IRS that he or she was not required to file taxes. Students must also report their own, spouse’s and/or parents’ assets and other resources, such as trust funds or family member support.

For economically disadvantaged low income thresholds, use 200 percent of the Department of Health and Human Services guidelines found at https://aspe.hhs.gov/poverty-guidelines.

Financial Need
Student applicants must be in need of financial assistance to be awarded. Preference is given to students for whom the cost of attendance would constitute a severe hardship. Students must complete the Free Application for Federal Student Aid (FAFSA) at www.fasfa.ed.gov.

The parental income will be used to determine a student’s eligibility for financial need in all cases except when the student is considered independent by being at least 24 years old and has not been listed as a dependent on parents’ federal income tax for three or more years. Dependent applicants must complete the “parental income section” on the FAFSA. Independent students will include the student’s family income instead of parental family.
To update the FAFSA go to www.fafsa.ed.gov.

Additional Requirements
Students must provide proof of age. A birth certificate or driver’s license will be acceptable.
Student must be enrolled full-time.
Student must be in good academic standing.

Awarding
Please note that awards are limited and disbursed according to eligibility and availability of funding to the university.

Loan Option Documents: