Student Loans for University of Missouri Saint Louis Students
Founded in 1963, UMSL is the largest university in St. Louis with more than 16,800 students. The university offers Bachelor’s, Master’s and PhD programs in a number of fields through its various colleges. UMSL also has a number of libraries with hundreds of thousands of books and other materials that provide ample resources for all students enrolled in their school.
About UMSL Financial Aid
Just like all reputed institutes, UMSL offers financial aid packages to enable you to pursue any program in an affordable way. The UMSL Financial Aid Office offers many financing opportunities that can help you get the money you need for your educational expenses. To apply for financial aid you need to file the FAFSA or Free Application for Federal Student Aid, which is available online at fafsa.ed.gov. Make sure you don’t miss the deadlines; in fact, the earlier you submit the FAFSA the higher your chance is of receiving a good financial aid package, as financial aid is often distributed on a first-come, first-served basis.
UMSL financial aid is available in many forms, including grants and scholarships. These are the best form of financial aid since you don’t have to pay them back after you graduate. Federal student loans are also available through the financial aid office. The easy payback terms and favorable rates make these student loans a great form of University of Missouri Saint Louis financial aid. Work-study programs are also offered at UMSL, enabling you to work part time and earn a reliable income to help meet your educational expenses.
Private Student Loans and UMSL
UMSL financial aid can help you cover the cost of your education. However, not all financial aid packages will cover your total cost. In this case you can consider applying for a private student loan, which can help you fill the gap between the money you have, including University of Missouri Saint Louis financial aid and the money you owe. Our Student Loans Comparison Tool can help you pick the best private student loan for you. It will allow you to compare between various choices so that you may have an idea which loan can best afford.
How does University of Missouri Saint Louis financial aid calculate expected family contribution?
Students who need to apply for financial aid must first fill out the Free Application for Federal Student Aid (FAFSA). The information provided on the form is used to compute how much a family should contribute towards a child education. The formula used to calculate family contribution takes into account factors like family income, assets, and number of children in school.
Pay for University of Missouri – Saint Louis*
|Total Avg. Cost||$39,230|
|Room & Board||$8,670|
|Financial Aid Information|
|Students Receiving Fin Aid||93%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$5,856|
|%Receiving Other Loans||1%|
Get into University of Missouri – Saint Louis
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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
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