Financial Assistance in the form of loans and grants is available to qualified students. KHS makes every possible effort to aid those students who need financial assistance in order to complete their college programs. Applicants in need should apply for financial assistance at the same time they apply for admission to Kentucky Horseshoeing School. Some types of aid available are:
Federal Pell Grant
Direct Unsubsidized Loans
Direct PLUS Loans
Direct Consolidation Loans
WIA Workforce Investment Act
Veteran Administration Benefits
Students seeking financial assistance through any of the available programs should request information and appropriate financial aid counseling from KHS. The Financial Aid Administrator will be pleased to assist in completing and submitting all forms to the appropriate agency/lender. The student is responsible for providing accurate information. Financial aid consists of Grants, Scholarships and Loans. Please remember that loans must be repaid and should not be considered entitlements.
There is a wide variety of scholarship opportunities available, all with different criteria.
• Federal Supplemental Educational Opportunity Grant (FSEOG)
The FSEOG is awarded to students with exceptional financial need – those with the lowest Expected Family contribution (EFC) as determined by the FAFSA. The award is administered directly by the financial aid office. Federal pell Grant recipients receive priority for FSEOG awards. Detailed information can be found on the Department of Education website.
Under the U.S. Department of Education reminded all institutions of higher education participating in the Section 18004(a)(1) CARES Act grant program, the Kentucky Horseshoeing School, Inc. in the state of KY and at OPE ID 04239600, has received $44930 in Student Aid.
- Kentucky Horseshoeing School has signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to Students.
- $44,930.00 has been in Emergency Financial Aid Grants has been distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission.
- KHS estimates a total of 30 students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to Students under Section 18004(a)(1) of the CARES Act.
- 31 students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
- Kentucky Horseshoeing School uses the Student EFC as determined by their ISIR, in addition to a written application required by all students who desire emergency aid to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
Student Instructions:
The COVID-19 Emergency Assistance fund helps with education-related expenses associated with the disruption of campus operations due to COVID-19. This fund is reserved for students who are currently enrolled in a program that met on campus prior to the transition to online classes. At this time the maximum amount of emergency assistance that will be provided by this grant is $2,000.00. This funding is not limited to students who are eligible to receive federal financial aid. As of May 1, 2022, all emergency aid funds have been distributed.
Please complete an application for assistance, located at the admissions desk, and return to the KHS financial aid office. The financial aid office will review your request and may contact you for further information. If funding is approved, the grant funds will be disbursed to your student account. Disbursements from this fund will only be applied to an outstanding balance on your student account with written approval from the student.
General Information
• Financial Aid Policies
• KHS Payment Plan
Kentucky Horseshoeing School is aware of the financial burden of a college education. In an effort to offer an alternative payment option, Kentucky Horseshoeing School partners with TFC Tuition Financing to offer our students and families a tuition payment plan each semester. This plan will allow students and families to avoid the traditional lump-sum payments and spread this payment evenly for up to 18 months, depending on length of program student is enrolled in.
The TFC Tuition Payment Plan option permits students and families to budget costs for tuition, housing and fees. The program is not a loan and there is no credit check. There is a $500.00 service charge for this program, and monthly payments can be made from an automatic bank account draft or charged to a credit card. Please note that Tool purchases must be paid in full and cannot be included on any payment plan.
Payment plan enrollment beginning and ending dates vary depending on the class you are enrolled in. Typically, the enrollment dates are as follows for each semester:
January – October 1-December 15
April – January 1-March 15
July – April 1-June 15
Sept/Oct – July 1-September 15
The payment plan option is most beneficial when participants enroll early. Early enrollees can avoid the required down payment and maximize their timeframe of monthly payments.
For more details regarding the tuition payment plan, including enrollment deadlines and payment schedules, please contact the Financial Aid Office at Kentucky Horseshoeing School, or email finance@khsus.com.
Standard Financing
Private financing is available for educational expenses through two outside providers, TFC Credit Finance and Universal Finance Corporation. Loans can be taken for up to 48 months, at an average interest rate of 9%. A 20% down payment on total loan amount is required, along with a credit check and application fees. Loan repayment begins on day 30 of students’ education and continues through the end of the term of the loan. Payments can be made via automatic bank draft or credit card.
Federal Financial Aid Deadlines
1st Friday of February – Kentucky Horseshoeing School Scholarship application for returning students must be submitted. Access application from the financial aid menu at www.khs.vfao.com.
1. Apply for financial aid by completing the Interview and Free Application for Federal Student Aid (FAFSA ) online at www.studentaid.gov. (Students who have previously applied for aid and have supplied the Department of Education with an email address, will be sent notifications electronically via e-mail) Be sure to retain your FAFSA user id, and password, as you will use that log in for the duration of your student loan.
2. When completing the FAFSA, be sure to list Kentucky Horseshoeing School in the school section of the application using our Federal School Code of 042396. This will allow us to receive an electronic copy of the application.(Students should also be certain that all necessary signatures are included.)
3. In no more than four weeks, the student will receive an e-mail notification with a direct link to the student’s online Student Aid Report (SAR). If an e-mail address was not provided on the application, the information will be mailed to the student. An electronic copy will also be sent to KHS if so indicated. Please carefully read the comment section on the SAR to determine if any further action is required to complete the application process. If any information is incorrect, follow the instructions provided on the SAR.
4. When your FAFSA has been successfully processed, please visit http://https://solutions.campusivy.com/Apps/Core/Account/StudentRegistration_Step2/48200?StudentInitiated=true and register for a financial aid account with KHS. Once registered, complete the Student Interview on our financial aid website. For help with this process, feel free to contact the Kentucky Horseshoeing School Financial Aid Office at finance@khsus.com.
5. Verification is the process by which the U.S. Department of Education requires schools to check a certain percentage of their financial aid applications for accuracy. If the application is selected, the student will be asked to submit additional information to the Financial Aid Office. (At a minimum, possible documentation will include a completed verification worksheet, student’s federal tax transcript, and if applicable, the parent’s or spouse’s tax transcript).
6. Parents of dependent students, may apply for a Direct PLUS Loan, online at www.studentaid.gov. Parents will start the Federal Direct PLUS application process and sign the master promissory note online using the parent’s FAFSA PIN.
7. Students will be notified via their school email of their eligibility for financial aid through either an electronic Award Letter or explanation of ineligibility. This notification is typically sent within a few weeks. However, it will take longer during peak processing times.
8. Be sure to report to the Financial Aid Office, in writing, any pending outside scholarships.
Status of Financial Aid Application
Log into your account at campusivy.com to view the status of your financial aid application.
How Financial Aid is Determined
Change in Information
Awards are based on the information students provide on applications for aid. Changes to that information (marital status, number of dependents, place of residence, withdrawal from period of enrollment, reduction in the number of hours carried, change in academic program, Social Security or Veteran’s Benefits, etc.) must be reported promptly in writing to the
Financial Aid Office for a determination of the impact, if any, on the amount of funds awarded to the student. It is often necessary to revise awards, especially if federal or state funds are a part of the award, in order to avoid exceeding your demonstrated financial eligibility.
The Financial Aid Office must, therefore, reserve and/or modify the student’s award at any time. Failure to contact the Financial Aid Office may jeopardize continuation of aid, cause cancellation of aid, or require repayment of funds already disbursed to the student. All awards are contingent upon the availability of funds.
Office of Financial Aid
Kentucky Horseshoeing School
3612 Lexington Road
Richmond, KY 40475
859-575-4063
FAX: 859-575-4068
Enrollment Status
Requirements for the number of semester hours of credit the student must maintain for loans, scholarships, grants, and work may vary. At KHS, most financial aid is packaged based upon anticipated full-time enrollment: 12 hours for undergraduate, 9 hours for graduates.
Satisfactory Academic Progress Policy
Disbursement of Financial Aid
Outside Scholarships
Be aware that hometown churches, clubs, professional organizations, and civic groups sometimes offer scholarships. Students who are awarded a scholarship from a source other than Kentucky Horseshoeing School should contact the Financial Aid Office for further information. For more information on any scholarship questions, contact the Financial Aid Office at 859-575-4063.
Any resources that a student receives or expects to receive should be reported promptly to the Financial Aid Office. The receipt of other resources may result in reduction, cancellation, and/or repayment of need-based aid.
