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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, the Perkins Loan, the Southeastern Kentucky Loan, and the Scholarship for Disadvantaged Students.  Parent Contribution is necessary to determine eligibility for these programs only.