Student aid at KU is vast
One of every three KU students seek some sort of financial aid, Jerry Rogers, associate director of the Office of Financial Aid, 26 Strong Hall, said yesterday.
"We have around 5,000 students who come through this office every year," Rogers said. The KU.student has a variety of financial aid programs to assist him during his college career. KU offers more than $2,500,000 in aid, not including part-time work.
KU offers 1,700 scholarships annually with a cash value of nearly $700,000, and about 2,250 short-term loans from the KU Endowment Association fund, which total $400,000. Long-term loans are also available to KU students. These loans are under the National Defense Student Loan Program and total $900,000.
Students applying for financial aid submit a family financial report, Rogers said. From this report, a comparison is made between the student's and family's contribution to college expenses and the reasonable cost of attending KU for an academic year.
The reasonable cost of attending KU for one year is determined by adding University fees, room and board costs, books and supplies, a flat amount of $450 to cover clothing, and incidental expenses, and travel expenses
from the student's home to Lawrence four times a year, Rogers said.
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The family's contribution is determined by the net family income, number of dependents, and other expenses, such as medical costs. Also included is the student's summer income, which is expected to be $300 for men and $200 for women.
The difference between the costs and the amount the student and family provides is the amount the Office of Student Financial Aid tries to provide to the student, Rogers said.
"The most deserving and best qualified students have first call on the available resources," Rogers said. "This is because the number of applicants and their total requests each year considerably exceed the available fund."
The number of undergraduate scholarships has increased in recent years through gifts from alumni and friends of KU, Rogers said. The number of applicants is still greater than the amount of scholarship funds.
"We consider the student's academic record, his financial need and responsible participation in school and community activities in awarding scholarships," Rogers said.
KU offers two general types of scholarships: ones which the student directly applies for at the Office of Financial Aid, and ones which the University awards to outstanding students.
The highest academic scholarships are awarded on the basis of student's ranking in the National Merit Scholarship Qualifying Test, which are given during the student's junior year in high school.
The highest academic scholarships offered by KU are the Summerfield Scholarship for men, the Watkins Scholarship for women, and the University of Kansas Honor Scholarships.
The amount of the scholarships range from a "modest honorarium" to $1,700. The scholarships are renewable every year for four years.
A limited number of freshmen may be awarded Summerfield or Watkins scholarships by demonstrating superior academic performance at KU, Rogers said.
KU Honor Scholarships are awarded to outstanding high school seniors who qualified as National Merit Semifinalists but who were not awarded Summerfield or Watkins scholarships.
The Honor Scholarships also depend on the student's need for financial aid. A maximum of $400 per academic year is awarded to the student, and the scholarship is renewable for four years.
Students may apply directly for Scholarship Hall Awards, Greater University Fund Scholarships, and specific scholarships awarded by certain University schools and departments.
Scholarship Hall Awards are
renewable annually. The value of the award is $300.
Greater University Fund Scholarships equal a year's required fees at KU. The student must renew such a scholarship each year.
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KU also has a number of specific scholarships which are restricted to a certain field of study or living group, Rogers said.
opportunities for financial aid, including part-time employment, and a variety of loans.
KU students may also apply for Educational Opportunity Grants, which range from $200 to $800, Rogers said. Those who applied for scholarships or National Defense Student Loans are considered for these grants.
Financial need and academic records are considered in awarding of grants. The student must be enrolled in a minimum of 12 hours to be eligible for the grant.
KU students have other
The Office of Financial Aid maintains an employment service to help men-students find part-time work. The Office of the Dean of Women provides a similar employment service for women students.
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