LOUISVILLE, KY — By Law Enforcement University of Louisville increases accessibility, affordability and equity so students of all backgrounds can take advantage of learning opportunities and experiences to pursue their dreams without significant financial burden I'm working on that.
The plan is working well so far. In recent years, Cardinals have graduated with her second-lowest student debt of all public universities in Kentucky.
In 2024, universities will support students with an infusion of need-based aid. “We're dramatically increasing our aid, and we're going to increase our need-based aid by 20%,” said Jim Beganey, vice president of enrollment management.
UofL expands Cardinal Commitment Grants to include additional states with border benefits and invests in merit-based scholarships to reduce financial barriers to college for students who strengthen communities and states. Continue removing.
Cardinal Dedication Grant
UofL is investing $2.4 million toward the 2024 Cardinal Commitment Grant. This grant helps close the gap between financial aid and the cost of attendance, including tuition, food, transportation, books, and other costs, for eligible Kentucky students.
The Cardinal Commitment Award, previously available only to Pell Grant students, has been expanded to include students with financial need who do not qualify for a Pell Grant. All Kentucky freshmen who are admitted to UofL and have demonstrated financial need on the Free Application for Federal Student Aid (FAFSA) are automatically eligible for the Cardinal Commitment Grant.
“Part of our mission is to transform social mobility and really engage first-generation, low-income students and other students so that a college education not only benefits them, but their families and others. We can change the lives of generations of those families,” said Executive Director of Admissions Jenny Sawyer. “This grant will allow students to make the most of their opportunities at UofL, giving them the luxury of not only attending school, but also having deep and impactful experiences while here.”
border benefit award
Students outside of Kentucky can receive an affordable UofL education through the Border Benefits Program. This program gives residents of some border states and metropolitan areas the opportunity to attend her UofL at in-state tuition rates.
Starting in fall 2024, Border Benefit benefits will be extended to transfer students and first-time college students in all counties in Ohio and West Virginia. The award is already available to students in all counties in Illinois and Indiana, some counties in Ohio, and some counties around the Nashville and St. Louis metropolitan areas.
Students living in rural areas can receive an estimated $16,000 in scholarships annually, which reduces tuition to the same level as tuition within Kentucky. In fall 2023, border benefit students made up more than 13% of her freshman class.
merit-based scholarships
UofL's efforts to improve accessibility and make college affordable include the Graumeyer Scholarship, the McConnell Scholarship, the Martin Luther King Scholarship, the Woodford R. Porter Scholarship, and the Henry Vogt Scholarship. High-achieving students are also included through increased investment in competitive, merit-based scholarships, such as financial programs.
These niche scholarship programs encourage research, innovation, and intellectual curiosity in college, attracting students who take a rigorous high school curriculum and are dedicated to creating positive change in the commonwealth and beyond.
Voigt Scholarship recipient Benji Kostic is a first-generation American whose parents immigrated to Louisville as refugees from Bosnia. The biology major, who is scheduled to graduate in May, is doing clinical research at the Norton Leatherman Spine Center, working as a chemistry tutor in college, and hopes to one day become an orthopedic surgeon.
“The Vogt Scholarship has allowed me to explore different opportunities at UofL without the financial burden,” Kostic said. “I was able to join clubs and be active without having to get a job to pay for school. It gave me a great feeling of freedom.”