Accepting Your Financial Aid Offer

Your Financial Aid Path - A Guide to Financial Aid at the University of Kentucky

Accept your 2021-22 financial aid offer on myUK.
Please review and accept your awards as soon as possible.


Step 1: Activate your linkblue and Email Account

If you have not yet activated your linkblue username, password and set up your UKY email address, visit Future financial aid communications will be sent to you electronically, it is critical you set up your UKY email address and check it periodically.

If you need technical assistance contact the Technology Help Center at 859-218-4357 or


Step 2: Accept Your Financial Aid Offer

  1. Login to using your linkblue ID (ex. swil0123) and password.
  2. Select the Student Services tab, click on Financials and then Financial Aid.
  3. Click on View and Accept Offers tab to review offers.
  4. Read and accept the Terms and Conditions before accepting award offers.
  5. Go back to View and Accept Offers tab to accept/decline offers, then submit.
  6. Navigate to the Required Documents tab to determine if items are missing or incomplete for your financial aid application. Federal and state financial aid will not appear on your billing statement until all missing items are completed.

Federal Verification

Your FAFSA may be selected for a process called verification. If you are selected for verification, you will receive an email from our office – Student Financial Aid and Scholarships (OSFAS) – with instructions. OSFAS will begin sending email notifications to students’ UKY email addresses in mid-April. Please respond promptly when notified.

  1. Click on COA Budget (Financials>Financial Aid>COA Budget). The myUK COA Budget is an estimated cost of attendance, determined by your current residency classification, living arrangements, full-time enrollment and program of study. Understanding the cost of attendance is important.


Step 3: Accept your Scholarship (if offered)

If you are planning to attend UK in the Fall 2021 semester and were offered an academic scholarship, you must accept your award online at no later than May 1, 2021*.

Notify OSFAS about scholarships or monetary offers you are receiving from an organization outside of the University using the Outside Scholarship Resource Form.


Step 4: Accept Your Federal Work-Study Offer (if offered)

If you are offered Federal Work-Study (FWS) funding, you may review and apply for FWS jobs online at beginning in late July.

For more details about Work-Study visit


Step 5: Understand Your Federal Direct Student Loan

A Federal Direct Subsidized Loan may be available to undergraduate students who demonstrate financial need and the interest accruing on this loan is paid by the U.S. Department of Education while the student is in school at least half time.

A Federal Direct Unsubsidized Loan may be available to both undergraduate and graduate students, but eligibility for this loan is not based on financial need. Repayment of these loans begin six months after graduation or when a student ceases to be enrolled at least half time.

For more information about Federal Student Loans, visit


Step 6: Compare Financial Aid Award Package to Annual Budget

Calculate an estimate of basic living expenses for attending UK. Consider your needs and personal spending habits when developing your budget.

Tuition and fees information is available at

Housing and dining rates for living on campus are available at

Compare your annual financial aid offer with the cost to attend UK and develop a plan for you and your family to cover the difference. To explore additional funding options, review Federal Parent Plus and alternative loans. Visit


Step 7: Explore Federal Direct Parent PLUS and Alternative Loan

Beginning April 28, 2021, your parent can apply at for a 2021-22 academic year Federal Direct Parent PLUS Loan.

As a reminder, parents must:

  • Sign in using their FSA ID
  • Complete the Master Promissory Note (MPN)

A credit check will be performed during the application process. A parent PLUS borrower with adverse credit or an endorser must undergo additional PLUS credit counseling. Visit for more information. Dependent students whose parent is denied a parent PLUS are eligible to borrow unsubsidized loan funds at the annual maximum set for independent students.

Alternative Student Loans

Alternative student loans are private commercial loans offered by financial institutions to fund education expenses. Alternative loans usually require a credit check and a low debt-to-income ratio. Students with little to no credit history often need a creditworthy cosigner. Also, the interest rate for private loans can vary based on the borrower and cosigner’s credit score and history. Students are encouraged to review alternative loan benefits at for more favorable payment options.

Alternative Loans for Parents

Parents with good credit are encouraged to review alternative loan benefits at for more favorable payment options.


Step 8: Complete the Federal Direct Student Loan Requirements

NEW ANNUAL REQUIRMENT for Direct Loan Borrowers: All Direct Loan recipients are required to complete an Annual Student Loan Acknowledgment. If this is your first time accepting a federal student loan, you are acknowledging that you understand your responsibility to repay your loan. If you have existing federal student loans, you are acknowledging that you understand how much you owe and how much more you may borrow. Visit to complete this requirement.

Prior to the disbursement of federal loan funds, all student borrowers must complete the MPN and entrance counseling. Visit to complete these requirements.


Step 9: Confirm Your Big Blue Nation Orientation Date and Pay Your Enrollment Deposit by May 1

First-year students admitted for the fall semester must complete this step by May 1*. If you need assistance, contact the orientation office at or 859-257-3256.

Confirm Housing Arrangements and Dining Plan

Confirm and sign your housing contract at

If you are living on campus, you are required to have a dining plan. Select your dining plan by July 18, 2021, or the default plan will be selected for you. Review for on-campus dining plan options.


Step 10: Explore Basic Needs Resources

At the University of Kentucky, student success is at the center of everything we do. We are a community of belonging, committed to supporting the success of each and every member of the UK family.

Resources exist across campus to assist students with needs related to all four components of student success: academic success, financial stability, wellness, belonging and engagement.

Our basic needs website serves as a hub for all of these resources as well as a referral service for students.


Step 11: Review Disbursement and Payment Options in myUK

If all eligibility requirements are met, financial aid offers will begin crediting your account as early as 10 days before the start of the term. After the last day to add or drop a course for the term, some financial aid offers are required to be adjusted to match your enrollment.

Students are billed each semester. Billings statements are emailed to the student’s UKY email address. The fall bill is sent August 1 and is due August 22. The spring bill is sent January 1 and is due January 22.

  • Establish Guest Access for parents and guardians via myUK to allow easy access for payments on student accounts.
  • Visit to make online payments via myUK.
  • Learn more about the installment payment plan at for fall and spring terms.
  • Students, enrolled at least half-time, are eligible to charge books up to $750 at the UK Bookstore.

If your financial aid exceeds your charges for the term, you will be issued a refund by Student Account Services so you can pay for any other educational expenses. Enroll in direct deposit for refunds via myUK >My Info > Direct Deposit.

*If a deadline falls on a weekend, the deadline will be extended until 11:59 p.m. ET on the following Monday.

If you need assistance pertaining to your financial aid package,
we’re here to help!
Contact us at 859-257-3172 or find your counselor here.


Additional Resources

Scholarship Universe

Net Price Calculator

KEES Money

Financial Wellness/MoneyCats