KGI provides basic financial information as part of the consumer information, school disclosure requirements as mandated by the U.S. Department of Education.
KGI provides basic financial information as part of the consumer information, school disclosure requirements as mandated by the U.S. Department of Education. Schools are required to disclose information and reports on various aspects of the institutions policies, procedures, operations, and costs. A detailed listing of all consumer information disclosures can be found here.
KGI offers various types of financial assistance to students enrolling in degree and certificate programs. To view the specific financial assistance offered and how to apply, please learn more about types of funding.
Continued Eligibility Criteria:
The various forms of aid administered by the KGI Financial Aid Office are credited directly to the student account to offset billed tuition and fees. There are institutional and federal guidelines for checking eligibility prior to disbursement. If you have any outstanding documents that need to be completed in order to disburse your aid, they will be listed on the student portal. When students are registered and meet requirements for disbursement, aid will be disbursed as follows:
Being delinquent or defaulting on a loan may affect many areas of your life:
There are many places to find outside scholarships. If you belong to clubs and organizations, please speak to their main office for scholarship information. Please follow us on Twitter for outside scholarship opportunities.
If you receive assistance from private sources, these funds will need to be reported to the Financial Aid Office. This would include outside scholarships or tuition assistance awarded within the academic year. The total amount received from all resources cannot exceed the student’s cost of attendance.
In efforts to lower educational loan debt, it is out policy to apply an outside scholarship toward the Graduate PLUS Loan should the amount requested is up to the student’s cost of attendance within their overall financial aid package.
Federal Work-Study is a federal financial aid work program funded by Keck Graduate Institute and the United States Department of Education. Federal Work Study awards are part of federal financial aid packages and are only available to U.S. citizens and permanent residents. Generally, F-1 or J-1 students are not eligible for a Federal Work Study position and should not apply. KGI administers this program in accordance with the laws, federal regulations, and instructions issued by or on behalf of the Department of Education, as well as its own institutional policies. KGI’s Federal Work-Study Program is administered without regard to race, creed, color, sex, non-disqualifying disability, or national or ethnic origin.
For additional information concerning KGI’s Federal Work-Study Program, contact the KGI Financial Aid Office at financial_aid@kgi.edu or 909.607.8258.
Exit Counseling is required when you graduate, leave school, or drop below half-time enrollment. The minimum hours or credit hours you need to be enrolled to be eligible for a federal student loan. Exit counseling provides important information you need to prepare to repay your federal student loan(s).
You’ll need to provide the name, address, e-mail address, and telephone number for your closest living relative, two references who live in the U.S., and current or expected employer (if known).
Access Exit Counseling.
Riggs School Student Handbook, page 12
In cases of withdrawal, KGI reduces tuition, fees, fellowship awards and eligibility for student loans according to the schedule below. Date of withdrawal is defined as the date that the KGI Academic Affairs Office receives a signed statement of withdrawal from the student. Reductions of student loans are returned directly to the lenders of the funds. The following refund schedule complies with U.S. Department of Education requirements for calculating refunds of federal student loans in cases of withdrawal from an academic program.
Note that if students have already received checks from KGI for credit balances on student tuition accounts before withdrawal, the refund calculation may require students to reimburse KGI for all or part of the original credit balances.
SPHS Student Handbook, page 17-18.
If a student withdraws, is administratively withdrawn or is expelled from the KGI SoP, the student is responsible for 100% of the tuition and fees for the entire term. If the student has received Federal Direct Unsubsidized or Graduate PLUS Loans, KGI must complete a Federal Return to Title IV (R2T4) calculation based on the federal formula. The R2T4 dictates the amount of Federal Title IV aid that must be returned to the federal government by the school and the student. The student is responsible for reimbursing KGI if federal funds must be returned based on the R2T4 calculation. If the student received financial assistance from outside sources, a portion of the refund may be required to be returned to the grant, scholarship, or loan source from which the assistance was received.
Via online assistance
Via telephone: 877.557.2575
Via fax: 606.396.4821
Via mail: FSA Ombudsman Group P.O. Box 1843 Monticello, KY 42633