Policies - Over-Awards
Financial Assistance Home FAFSA--8 Easy Steps 
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Any time you receive more financial assistance than you are eligible for an overaward occurs. This includes money from grants, loans, scholarships, work study, entitlements, waivers of tuition, any type of financial help.

Federal regulations restrict the total amount of money you can receive. You may have to repay the amount of the overaward. You will receive notification from the Division of Student Financial Assistance explaining the overaward and how to resolve it. Sometimes the overaward can be eliminated when you supply additional information.

To avoid an overaward:

  1. Notify the Division of Student Financial Assistance of money you are receiving from any outside source such as a scholarship, alternative loans, etc.
  2. Check with the Division of Student Financial Assistance before applying for additional aid to see if maximum assistance has already been awarded.

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EKU Financial Assistance
SSB CPO 59
521 Lancaster Avenue
Richmond, KY 40475-3102
(859) 622-2361 (Phone)
(859) 622-2019 (Fax)
finaid@eku.edu