Student Loans for University of Missouri, Kansas City Student
About University of Missouri, Kansas City
Established in 1933 as the primary educational institute in Missouri, the University of Missouri, Kansas City has grown in size and numbers in its 80 years of existence. After being incorporated into the University of Missouri system in 1963, it now sprawls over 157 acres in the historic rockhill neighborhood of Kansas City. Atop the notable alumni list from UMKC is former US president Harry S. Truman sharing an alma mater with a president is pretty cool.
The main thing you should keep in mind when on University of Missouri, Kansas City financial aid is that the aid you’re receiving is for the purpose of your education. It’s pretty easy to get tempted to spend freely when you have a certain amount of money on hand, but don’t forget that you are working to pay for your educational costs, and any additional, unnecessary expenses will only get in the way of doing so.
Applying for Financial Aid
The very first step you will need to take when applying for University of Missouri – Kansas City financial aid is filing the Free Application for Federal Student Aid (FAFSA). This form can be completed up online or sent to the UMKC financial aid office. Once you have submitted the FAFSA, it is imperative to make sure UMKC has processed your application materials. Once the university receives your FAFSA and hopefully makes the decision to admit you, your aid application will be processed and a package will be awarded to you according to your eligibility.You will be informed both via email and mail once your UMKC financial aid has been transferred.
UMKC Student Loans
Like most universities, UMKC offers a mix of financial aid packages. These UMKC financial aid packages include scholarships and grants that do not require any repayments. UMKC also offers automatic scholarships that are granted based upon your attendance application and do not require you to make a separate application for financial aid. Even if you aren’t eligible for a grant or a scholarship you can always take out one of the various student loans available for students of UMKC. These include federal, private and institutional loans. If you are finding it hard to figure out which loan suits you best, you can use our private student loan comparison tool to effectively search for the loan that fits your financial profile the best. Make sure you try out the comparison tool before you make a final decision about which financial aid option to choose.
The UMKC financial aid department offers a comprehensive automatic scholarship to certain qualified rising freshmen named the Curators’ Scholar Award. An annual award of up to $3,500 is available for students who fall in the top 5% of their high school class and who have an ACT score of 28 or greater. This scholarship is offered by the UMKC Financial Aid department solely for full-time students.
Pay for University of Missouri – Kansas City*
|Total Avg. Cost||$24,943|
|Room & Board||$6,774|
|Financial Aid Information|
|Students Receiving Fin Aid||85%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$10,904|
|%Receiving Other Loans||18%|
Get into University of Missouri – Kansas City
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics