Kentucky Deferred Compensation and ING are introducing a new mobile account application for owners of iPhone®, iPod touch®, and Android™ devices. For more information, view account details (PDF - 775 KB).

Are You Missing out on Lost Money?

You may have some unclaimed cash coming to you. To find out, search the unclaimed property database or call Treasury’s Unclaimed Property office toll-free at 800-465-4722.

Join Other State Employees in Saving Money While Helping the Environment

With the rising cost of gas, you may be interested in alternative ways to get to and from your workplace besides driving your personal vehicle. Through Carpool KY, you can join the more than 1,100 state employees who have already signed up to join a carpool. This will not only save you money but impact the environment by decreasing your carbon footprint and reduce the amount of wear and tear on your vehicle. For information on carpooling with other state employees, click here.

Another alternative is a van pool which allows riders to share the cost of leasing a passenger van. LexVan offers service to/from Lexington and Ticket to Ride offers service to/from Louisville.

Free Online Newsletters Help with College Planning
Submitted by Tim Ballard, Kentucky Higher Education Assistance Authority

Kentucky families can find help with college planning, admissions and financial aid through free, online newsletters from the Kentucky Higher Education Assistance Authority (KHEAA), the agency that administers state student financial aid programs and provides college planning materials.

The monthly newsletters provide timely information about college planning for students of all ages, from elementary through adult.

To be notified via e-mail when the newsletter has been posted online each month, go to www.kheaa.com, click on Students and Parents at the top of the page and then click on Your KHEAA College Connection Newsletters in the menu on the left. On this site, viewers can sign up for the newsletter notifications and also view back issues.

To learn how to plan and prepare for higher education, go to www.gotocollege.ky.gov.

For more information about Kentucky scholarships and grants, visit www.kheaa.com; write KHEAA, P.O. Box 798, Frankfort, KY 40602; or call (800) 928-8926, ext. 6-7372.

Kentuckians May Fill College Aid Gap with State-based Loan from KHESLC
Submitted by Tim Ballard, Kentucky Higher Education Assistance Authority

Kentucky students who need help paying for college may want to consider a Kentucky Advantage Education Loan from the Kentucky Higher Education Student Loan Corporation (KHESLC).

The low-cost loan is intended to fill the gap between other financial aid a student receives and the total cost of education. Students should apply for all free aid, such as grants and scholarships, before applying for Federal Stafford Loans. Federal Stafford Loans do not have to be repaid until the student is out of college.

Students who still need financial assistance may then apply for the Kentucky Advantage Education Loan.

To qualify, a borrower must:

• Be enrolled in an approved school.
• Be 18 by the date of application.
• Be a U.S. citizen or a non-citizen with a proof of residency card.
• Have an acceptable credit history or an approved cosigner.

The loan is only available to students attending Kentucky colleges and universities and Kentucky residents attending colleges and universities outside the state.

Borrowers who begin repaying the loan while in school pay a fixed interest rate of 7.25 percent and a 2 percent guarantee fee. If they postpone payments until after they finish school, the interest rate is 7.75 percent and the guarantee fee is 3 percent. Borrowers will also receive a 0.5 percent interest rate reduction for auto debit payments.

Applications may be submitted online at kheslc.com. For more information, call 888-678-4625.

KHESLC is a public, nonprofit corporation that provides education loans for students and parents. It was established by the Kentucky General Assembly in 1978.

New Website to Help Community College Students Transfer
Submitted by Sue Patrick, Council on Postsecondary Education 

The Council on Postsecondary Education and the state’s public colleges and universities launched KnowHow2Transfer.org, a statewide transfer website that provides Kentucky Community and Technical College students with a clear roadmap to transfer planning.

By taking only the courses they need, students will have a quicker time to degree, which will save them time and money.

Last year, 8,707 students from the Kentucky Community and Technical College System transferred to either a public four-year institution or an institution within the Association of Independent Kentucky Colleges and Universities. State and campus officials hope to increase the number of students who transfer and graduate with a four-year degree as part of state efforts to raise four-year-degree attainment in Kentucky.

The website is an outgrowth of 2010 transfer legislation known as House Bill 160, sponsored by Representative Carl Rollins.