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LAWRENCE -- The University of Kansas Office of Student Financial Aid announced on Monday that it had completed the initial KU tuition grant process, awarding more than $1.7 million to about 3,700 students to offset tuition increases that were approved in June by the Kansas Board of Regents.
Brenda Maigaard, director of student financial aid at the Lawrence campus, said that as of July 12, her office had sent award letters totaling $1,462,000 to 3,036 undergraduate students and award letters totaling $258,000 to 673 graduate students.
Maigaard said 73 percent of the KU tuition grants were awarded to Kansas residents while 27 percent went to nonresidents.
The awards were made to all eligible undergraduate students with financial aid packages processed by April 23, 2002, more than three weeks after the March 1 priority filing date. Graduate awards were made to all eligible students whose financial aid packages were processed before April 2.
Students who didn't receive a tuition grant during the initial awarding process will be considered as funds become available, based on the greatest need and the financial aid process date. Maigaard said the financial aid office expected that additional funds would become available as some students received allocations from other financial aid sources or didn't return to KU.
Most of the undergraduate students who received tuition grants were awarded the full $500 per year offered through the grant program. Maigaard said a few received fall-only awards because of anticipated graduation dates and others received reduced amounts based on their additional remaining need after all sources of gift aid had been considered.
Most graduate students received $400 -- the entire amount offered to graduate students through the grant program. Some received lower amounts because of enrollment in fewer than 9 hours.
To be considered for a tuition grant, students annually must complete a Free Application for Federal Student Aid, which is the same application required for all federal loans, need-based scholarships, federal work study and grants. The priority filing date for the FAFSA is March 1. To be eligible for the KU tuition grant, students must meet all requirements for federal aid and have remaining financial need after other gift aid has been awarded. Students also must meet satisfactory academic progress standards as required by state and federal financial aid programs. For more information, visit the Office of Student Financial Aid site.
Tuition and fees at KU will increase by $300 a semester starting this fall for Kansas-resident undergraduate students taking 15 hours of credit. For nonresident undergraduates, the increase is $438 a semester. For more information about tuition at KU, visit the KU tuition resource page.
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