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University of Kentucy College of Dentistry 
Building a Foundation for the Future
 
DMD Program

Financial Aid Terms to Learn

Academic Standing: A student in "good academic standing" is one who is officially matriculated and presently pursuing a program of study leading to the satisfactory completion of that program as defined by the College.  In addition, the student must be proceeding at a pace which, if continued, will lead to the awarding of the dental degree.

Eligible Student: A U.S. citizen or eligible non-citizen who is not a defaulted borrower of any student loans, does not owe a refund of any federal grant, has no drug convictions, and successfully passes edits by the Social Security Administration and selective service for males.

Expected Family Contribution (EFC): A number formulated from your FAFSA submission used to determine eligibility for all sources of financial aid except the unsubsidized and private alternative loans.

Need: The Cost of Attendance minus the EFC minus any scholarship aid = Need.

Non-need based Aid: Unsubsidized, Grad Plus or Alternative/Private loans that cannot exceed the Cost of Attendance.

(Cost of Attendance minus all aid = eligibility for Unsubsidized, Grad Plus or Alternative/Private loans.)

Parent Contribution: A number formulated from your parents' income and asset information on the FAFSA.  It is required to determine eligibility for school-managed funds and federal grants only.

School-Managed Funds: Certain loans and scholarships that, while provided by federal, state or institution, are managed and awarded by the University.  School managed funds are based on need determined by a combination of student and parent contribution.  Examples are the Health Professions Student Loan and the Perkins Loan.  Parent Contribution is necessary to determine eligibility for these programs only.