KRS 164.780: Financial assistance to students attending private institutions.

(1) As a result of the rising school population and the continuously rising cost of

providing for the higher education of young people, there exists in the

Commonwealth of Kentucky an urgent need to use all available educational

resources wisely;

(2) Within th e Commonwealth, there exist accredited independent colleges and

universities whose facilities are available for use in the public interest by providing

additional space for students;

(3) In the Commonwealth there are qualified residents who are willing to bear the

major costs of their education by attending an independent college or university;

(4) It intends to offer to qualified Kentucky residents who bear the major cost of

attending accredited independent colleges and universities within the

Commonwealth a tuition or fees grant as supplementary aid to students where need

exists.