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What We Do
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What We Do
KHEAA Financial Aid Information
Getting into college is only part of the process. You also have to find financial aid to pay for college. Financial aid comes in many forms, and you’ll probably qualify for more than one type. Depending on the financial aid you’re offered, it might not cost any more to go to a more expensive school than a less expensive school. You won’t know unless you check. Find out what financial aid is available, compare the costs of different schools and find answers to common questions at www.kheaa.com.
KY Saves 529
KY Saves 529, formerly known as the Kentucky Education Savings Plan Trust (KESPT), helps families save for higher education. An account can be opened for a beneficiary of any age. The method, schedule and amount of contributions are determined by the account owner. Earnings are exempt from Kentucky taxes, and any withdrawal used for qualified college expenses will be free of federal income taxes. Deposits can be as little as $25 (or $15 if made through payroll deduction). For more information call toll free 1-877-KY TRUST (1-877-598-7878)1-877-KY TRUST (1-877-598-7878), or visit www.kysaves.com.
Advantage Education Loans are great options when you need more money to pay college expenses and manage your education debt. Whether you are a student, parent or working professional, choosing an Advantage Education Loan is the smart decision.
To view loan details and benefits, or to apply, choose one of the following options.
The Advantage Education Loan is a great option for students who have exhausted their grant and scholarship options.
The Advantage Education Loan offers FIXED interest rates that start at 3.50% with autopay (3.50% APR*), and there are NO fees.* Your rate is based on the repayment plan you’ve selected, your credit history and other factors. You may qualify for an even lower interest rate if you apply with a creditworthy cosigner. By using our autopay service, your interest rate will be reduced! It’s good to know there are more options when you need them.
* APRs are representative samples for educational purposes only and may not reflect current or actual loan rate offers or available percentage rates. Your actual APR will depend upon your credit transaction and credit history and will be determined once a credit decision is made. No origination, guarantee, late or NSF fees.
The Advantage Parent Loan is for parents of undergraduate or graduate students who need more funds for college expenses.
The Advantage Parent Loan offers FIXED interest rates starting at 3.50% with autopay (3.50% APR*), and there are NO fees.* Your rate is based on the repayment plan you’ve selected, your credit history and other factors. You may qualify for an even lower interest rate if you apply with a creditworthy cosigner. By using our autopay service, your interest rate will be reduced! It's good to know there’s an option for you to help them.
Many times, Advantage Parent Loans are more cost effective than federal parent PLUS loans, which have fees and higher interest rates. Compare loans.
* APRs are representative samples for educational purposes only and may not reflect current or actual loan rate offers or available percentage rates. Your actual APR will depend upon your credit transaction and credit history and will be determined once a credit decision is made. No origination, guarantee, late or NSF fees.
The Advantage Refinance Loan can help people paying back student loans save money and get out of debt more quickly.
There are NO fees!* FIXED interest rates start as low as 3.74% with autopay (3.74% APR*) based on your credit history, repayment terms and other factors. Take advantage of our autopay service for lower rates too.
With flexible terms of 10, 15 or 20 years, the Advantage Refinance Loan may be the loan for you! Combine all your federal and private loans to save interest and get out of debt faster.
* APRs are representative samples for educational purposes only and may not reflect current or actual loan rate offers or available percentage rates. Your actual APR will depend upon your credit transaction and credit history and will be determined once a credit decision is made. No origination, guarantee, late or NSF fees.
We have been servicing student loans since 1978. We service our own federal and private portfolios on a system utilized throughout the industry. We offer servicing for banks, credit unions, lenders, universities and colleges.
Log in to your account to manage your KHESLC loan.
If you're thinking about college, KHEAA can help you decide what career and college is the best fit for you. Our planning timelines will give you an idea of what to do each year to prepare for college, and other links will take you to specific information about stages of the college planning process.
Want help motivating middle and high school students to study hard and get good grades? Wish you had someone to guide you and your students through the maze of student financial aid? Want to direct adult students to higher education? We can help. Our outreach services are available year-round to provide free college planning and financial aid assistance.
KHEAA is the guarantor for Alabama and provides information about planning and paying for college as KHEAA-Alabama on www.alstudentaid.com.
