Kentucky students who need help paying for their technical and college education will be eligible for an additional $38.2 million in state grants for the 2022–2023 academic year.

The maximum College Access Program award for students attending four-year public and private colleges and universities will increase to $5,300, up from $2,900 in 2021–2022.

For students in two-year schools, the maximum CAP award will increase to $2,500 from this year’s $2,200.

Students attending Kentucky’s private colleges and universities will also see an increase in the Kentucky Tuition Grant (KTG) program. The maximum KTG award for 2022–2023 will increase from $2,980 to $3,200.

“Our students are the future of Kentucky, and I’m pleased to announce they can now take advantage of this extra funding for CAP and KTG grants,” Gov. Andy Beshear said. “These funds will help undergraduate students achieve their educational goals without having to borrow as much in student loans.”

The General Assembly increased the CAP grant program’s base General Fund appropriation to $134.1 million for 2022–2023, nearly a 40 percent increase over 2021–2022.