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Types of Aid

 

Completion of the Free Application for Federal Student Aid (FAFSA) is required in order to be considered for any type of federal grant, loan or award assistance.

Federal Grants (Gift Aid)

Grants are a form of gift assistance that help you pay the educational and living expenses you'll incur to pursue a first bachelor’s degree. You normally never have to repay or work for grants, most of which are awarded based on your financial need level (as determined by the data from your FAFSA).

Undergraduate

Pell Grant

Federal Pell Grant is a type of need-based gift aid, eligibility for which is based primarily on the income, asset and other data entered on the FAFSA . In accordance with federal financial aid regulations, Pell Grant assistance normally never needs to be repaid, and may be received only by undergraduate students who have the highest levels of calculated financial need and are pursuing their first bachelors degrees. The maximum award amount each year is established by the U.S. Department of Education and is based on national funding levels. The actual Pell Grant amount posted to a student's UCM account each semester is based on the exact number of undergraduate credit hours (s) he enrolls for. The following amounts are authorized for the 2016 fall, 2017 spring, and 2017 summer terms.

Enrollment Status

 

Maximum Pell Grant Award
(per semester)

12 or more hours

Full-time

$2908

9-11 hours

3/4-time

$2181

6-8 hours

½-time

$1454

1-5 hours

Less than ½-time

$ 727

 

Please be advised that effective with the 2012 fall semester, otherwise-eligible students are limited to receiving a maximum of 12 semesters of 'full-time equivalent' Federal Pell Grant assistance. This law (the Consolidated Appropriations Act of 2012) affects all undergraduate students regardless of when or from what schools they first received Pell Grant aid.

For detailed information about the Federal Pell Grant program, visit Federal Student Aid.

Supplemental Educational Opportunity Grant (SEOG)

Federal SEOG is a type of need-based gift aid, the purpose of which is to supplement any Pell Grant assistance a student has been awarded. As with Pell Grant, SEOG funds normally never have to be repaid. If awarded, a student must normally enroll full-time (12 or more undergraduate credit hours) each fall or spring semester for the SEOG funds to credit his/her UCM account. Award amounts range from $200 to $750 per semester and are offered to otherwise-eligible undergraduate applicants who file the FAFSA prior to UCM’s April 1st priority date. For detailed information about the Federal SEOG program, visit the U.S. Department of Education.

Teach Grant

The 2007 College Cost Reduction and Access Act created the Federal TEACH (Teacher Education Assistance for College and Higher Education) Grant program.

Frequently Asked Questions

What is the TEACH Grant Program?

Due to sequestration, the TEACH program provides grants of up to $3736 per year to new and continuing undergraduate and graduate students who promise to teach full-time for at least 4 years in public or private secondary schools designated as serving students from low-income families (Title I).

Do I have to teach a certain subject?

Yes. You must agree to teach one or more of the designated 'teacher shortage/high need’ subject areas. Currently, these areas are mathematics, science, special education, bilingual education/English language acquisition, foreign language and Reading Specialist.

How do I know which schools are Title I?

Approved elementary and secondary schools which serve low-income students may be found by searching Teacher Cancellation Low Income Directory.

How much are TEACH Grants?

An eligible student pursuing a first bachelor degree, a post-baccalaureate teacher certification program, a masters degree, or an education specialist degree may receive a total of up to $3736 per 12-month award year (fall semester, spring semester and summer session). The maximum total grant that may be received for undergraduate and post-baccalaureate study is $16,000. For graduate study, a total of $8000 in TEACH Grant funds may be received.

Can I receive a TEACH Grant for a summer session?

t depends. You may be considered for grant funds for a summer session if you didn't receive the full $3736 maximum annual award during the preceding fall and/or spring semesters.

How do I apply for a TEACH Grant?

To be considered for grant funding for the 2018 fall semester, 2019 spring semester and/or 2019 summer session, complete and submit the 2018/2019 Free Application for Federal Student Aid (FAFSA). In addition, be sure to print off, complete and submit the Federal TEACH Grant Request form.

Can I receive TEACH Grant aid to pursue a 2nd degree?

No.  A student may not receive a TEACH Grant to pursue a second bachelors or second masters degree.

Do I have to sign an agreement to serve?

Yes.  After submitting the TEACH Grant Request and being approved for the TEACH Grant aid, each year you are required to complete and sign the on-line Agreement to Serve. This agreement specifies the requirements that must be met as a condition of receiving the grant. Signing the agreement acknowledges your full understanding of these requirements. 

What are the requirements?

You must promise to teach full-time in a ‘teacher-shortage/high-need’ subject area (2018/19) for at least four (4) academic years at a Title I-designated public or private elementary or secondary school within the eight (8) calendar years immediately following completion of the degree or certification program for which you received the TEACH Grant funds. As of March 2015, the shortage regions for the State of Missouri are extremely limited. In order to fulfill your teaching obligations, you must teach in these locations. This list changes yearly and may be different at the time of your certification.

What happens if I don't (or cannot) meet the teaching service requirement?

This is very important! If you fail to complete the required four (4) years of obligated teaching service, you’ll be required to repay all the TEACH Grant funds you received in the form of Federal Unsubsidized Stafford Loan aid, and interest will be charged/accrued from the date of each TEACH Grant disbursement.

Are there academic requirements to receive a TEACH Grant for the first time?

Yes.  An entering freshman student must have on file with UCM a composite ACT score of 24 or better or a high school transcript indicating a cumulative high school grade point average of at least 3.25 (on a 4.00 scale).  A continuing undergraduate UCM student or an entering undergraduate transfer student must have a cumulative grade-point average of a 3.25 or better.  An entering graduate student must have on file with UCM a GRE score (Verbal and Quantitative combined) of 1260 or better or a cumulative undergraduate grade-point average of at least 3.25 (on a 4.00 scale).  In addition, to continue receiving TEACH Grant funds, undergraduate and graduate students must maintain a cumulative grade-point average of 3.25or better, which will be verified at the completion of each semester and summer term.

Are there other requirements?

Yes.  Each semester you receive TEACH Grant funds, the classes you’ve enrolled for will be reviewed to verify that they're reasonable, appropriate, and necessary to permit you to teach in the subject area(s) you’ve elected to pursue.  In addition, if you enroll less-than full-time, the amount of your TEACH Grant award will be pro-rated downward in accordance with the exact number of credit hours.

What if I have questions or need clarification?

Contact the UCM Office of Student Financial Services in person (1100 Ward Edwards Bldg.), by telephone (660-543-8266), or on-line.

Iraq and Afghanistan Service Grant

Federal Student Aid explains in detail the special eligibility criteria for the Iraq and Afghanistan Service Grant which is may provide money to college or career school students to help pay their education expenses.

 

Graduate

TEACH Grant

The 2007 College Cost Reduction and Access Act created the Federal TEACH (Teacher Education Assistance for College and Higher Education) Grant program.

Frequently Asked Questions

What is the TEACH Grant Program?

Due to sequestration, the TEACH program provides grants of up to $3736 per year to new and continuing undergraduate and graduate students who promise to teach full-time for at least 4 years in public or private secondary schools designated as serving students from low-income families (Title I).

Do I have to teach a certain subject?

Yes. You must agree to teach one or more of the designated 'teacher shortage/high need’ subject areas. Currently, these areas are mathematics, science, special education, bilingual education/English language acquisition, foreign language and Reading Specialist.

How do I know which schools are Title I?

Approved elementary and secondary schools which serve low-income students may be found by searching Teacher Cancellation Low Income Directory.

How much are TEACH Grants?

An eligible student pursuing a first bachelor degree, a post-baccalaureate teacher certification program, a masters degree, or an education specialist degree may receive a total of up to $3736 per 12-month award year (fall semester, spring semester and summer session). The maximum total grant that may be received for undergraduate and post-baccalaureate study is $16,000. For graduate study, a total of $8000 in TEACH Grant funds may be received.

Can I receive a TEACH Grant for a summer session?

t depends. You may be considered for grant funds for a summer session if you didn't receive the full $3736 maximum annual award during the preceding fall and/or spring semesters.

How do I apply for a TEACH Grant?

To be considered for grant funding for the 2017 fall semester, 2018 spring semester and/or 2018 summer session, complete and submit the 2017/2018 Free Application for Federal Student Aid (FAFSA). In addition, be sure to print off, complete and submit the Federal TEACH Grant Request form.

Can I receive TEACH Grant aid to pursue a 2nd degree?

No.  A student may not receive a TEACH Grant to pursue a second bachelors or second masters degree.

Do I have to sign an agreement to serve?

Yes.  After submitting the TEACH Grant Request and being approved for the TEACH Grant aid, each year you are required to complete and sign the on-line Agreement to Serve. This agreement specifies the requirements that must be met as a condition of receiving the grant. Signing the agreement acknowledges your full understanding of these requirements. 

What are the requirements?

You must promise to teach full-time in a ‘teacher-shortage/high-need’ subject area (2017/18) for at least four (4) academic years at a Title I-designated public or private elementary or secondary school within the eight (8) calendar years immediately following completion of the degree or certification program for which you received the TEACH Grant funds. As of March 2015, the shortage regions for the State of Missouri are extremely limited. In order to fulfill your teaching obligations, you must teach in these locations. This list changes yearly and may be different at the time of your certification.

What happens if I don't (or cannot) meet the teaching service requirement?

This is very important! If you fail to complete the required four (4) years of obligated teaching service, you’ll be required to repay all the TEACH Grant funds you received in the form of Federal Unsubsidized Stafford Loan aid, and interest will be charged/accrued from the date of each TEACH Grant disbursement.

Are there academic requirements to receive a TEACH Grant for the first time?

Yes.  An entering freshman student must have on file with UCM a composite ACT score of 24 or better or a high school transcript indicating a cumulative high school grade point average of at least 3.25 (on a 4.00 scale).  A continuing undergraduate UCM student or an entering undergraduate transfer student must have a cumulative grade-point average of a 3.25 or better.  An entering graduate student must have on file with UCM a GRE score (Verbal and Quantitative combined) of 1260 or better or a cumulative undergraduate grade-point average of at least 3.25 (on a 4.00 scale).  In addition, to continue receiving TEACH Grant funds, undergraduate and graduate students must maintain a cumulative grade-point average of 3.25or better, which will be verified at the completion of each semester and summer term.

Are there other requirements?

Yes.  Each semester you receive TEACH Grant funds, the classes you’ve enrolled for will be reviewed to verify that they're reasonable, appropriate, and necessary to permit you to teach in the subject area(s) you’ve elected to pursue.  In addition, if you enroll less-than full-time, the amount of your TEACH Grant award will be pro-rated downward in accordance with the exact number of credit hours.

What if I have questions or need clarification?

Contact the UCM Office of Student Financial Services in person (1100 Ward Edwards Bldg.), by telephone (660-543-8266), or on-line.

International

Federal Aid is dependent on your citizenship or immigration status. Please see the section "I am not a U.S. Citizen" on the flyer "Can I get financial aid?"

Federal Loans (Repayment Required)

The federal government offers three low-interest loan programs to students and parents to assist them in paying the educational and living expenses incurred to attend UCM. After being fully admitted to the University of Central Missouri, the first step in applying for any federal educational loan aid is to complete and submit the Free Application for Federal Student Aid (FAFSA).The UCM Office of Student Financial Services uses your FAFSA data to determine the types and exact loan amounts you and your parent may qualify to receive. These award offers are then posted at your MyCentral Portal.

Undergraduate

Stafford (Student) Loan

A Federal Stafford Loan is a low-interest student loan funded by the federal government through the Federal Direct Lending program. This is the largest federal financial aid program, and is made up of both Subsidized and Unsubsidized loan components. To apply, the first step is to complete the FAFSA. Your maximum loan amount depends on your FAFSA dependency status, your grade level (the cumulative number of credit hours you've earned) for the specific loan period for which you're borrowing, and the total amount of scholarship, grant, and other assistance you're receiving for the loan period. A credit check is not required for a student to be approved for Federal Stafford Loan Funds.

Subsidized Stafford Loan aid is awarded in accordance with your calculated financial need. No interest is charged, no repayment of principal or interest is required, and no interest accrues during the time you're enrolled at least half-time. You’re required to begin repayment of your Subsidized Stafford Loan six months after graduating or dropping below half-time enrollment status.

Please note: All first-time borrowers who receive a loan on or after July 1, 2013 have a 150% limitation in effect; detailed information is provide in this Federal Student Aid handout.

Unsubsidized Stafford Loan aid may be offered to you regardless of your financial need, although the FAFSA must still be completed and submitted. No repayment of the loan principal is required while you're enrolled at least half-time. However, interest starts accruing once the loan is disbursed. The interest may be allowed to accrue and then be added to the loan principal (this is referred to as capitalization). However, many students wisely elect to pay the accrued interest on a quarterly basis in order to eliminate or reduce the effect of compounding.

Detailed information about the Federal Stafford Loan program, such as Loan Origination Fees, Interest Rates, and Maximum Annual Stafford Loan Amounts is available at Federal Student Aid.

Mandatory Entrance Loan Counseling and the Master Promissory Note are completed at Student Loans.

PLUS Loan

A Federal Parent PLUS is a loan funded by the federal government and is available only to biological or adoptive parents of undergraduate FAFSA applicants who are classified as dependent and who are enrolled at least half-time. Some general guidance and information is listed below; please visit Federal Student Aid for additional information or Student Loans to apply for the Parent PLUS Loan.

Interest Rate and Fees

Interest Rate and Fees

Detailed information about the Federal Parent PLUS Loan program, such as Loan Origination Fees and Interest Rates is available at Federal Student Aid.

Interest is charged on a PLUS Loan from the date of the first disbursement of the loan proceeds for a specific loan period until the loan is paid in full. 

Interest rate cap for military members:  If a parent qualifies under the Service Members Civil Relief Act, the interest rate on loans obtained before entering military service may be capped at 6% during the parent's military service. Parents must contact their loan servicer to request this benefit.

How Much to Borrow

The University of Central Missouri’s Office of Student Financial Services always recommends borrowing only what you need as loans accrue interest. When determining the amount that you may need to borrow, students and their families should:

1. Determine what your actual tuition, room, board and book costs will be for the academic year.  
2. Create a budget for all of the other expenses that may be incurred while attending school (supplies, computer, transportation, toiletries, fun money, etc).  

Once you have determined what your actual costs will be, then you should review what funding you have available to help you cover your costs like grants, scholarships, and student loans, etc. If a student’s eligible financial aid does not cover all of their budgeted expenses, then have a discussion regarding what amount can be afforded to pay out-of-pocket for the year.  If the student’s eligible financial aid and the families out-of-pocket funds are not enough to cover the budgeted expenses, that difference may be the amount that you borrow for the PLUS loan up to our Cost of Attendance. 

See the below example of a student’s budget using UCM’s 2016-2017 Cost of Attendance for a resident Undergraduate student.

Estimated Budget (for 9-months)
7,340 Tuition
1,000 Books and Supplies
8,350 Room and Board
2,300 Miscellaneous Expenses
100 Loan Fees
$19,090 Budgeted Expenses (COA)
Student's Eligible Financial Aid
-5,815 Grants
-2,000 Scholarships
-5,500 Stafford (Student) Loan
$5,775 Difference between expenses and financial aid
-2,000 Personal payment
$3,775 PLUS Loan amount for which you may apply

Repayment Options

Repayment (principal and interest) begins 60 days after the final disbursement of the loan funds for the loan period. Parents may elect on the PLUS application to defer payments while the student on whose behalf the parent borrowed the loan is enrolled on at least a half-time basis, and for an additional six months after the student ceases to be enrolled at least half-time. Please keep in mind that interest will continue to accrue even if loan payments are deferred.

Please use Federal Student Aid's Repayment Calculator!

For more information on PLUS loan repayment options, please visit the Federal Student Aid website.

Eligibility

To be considered, a student must first complete and submit the FAFSA. A parent borrower normally qualifies for PLUS Loan funds as:

  • The student and parent are US citizens or eligible non-citizens.
  • The student and parent are not in default on any federal education loans or owe an overpayment on a federal education grant.
  • The parent is not currently in bankruptcy status; and
  • does not have an adverse credit history.     
  • Direct PLUS Loan applicants are considered to have an adverse credit history if he or she
  • Has debts $2,085 or higher that have been reported as 90 days delinquent or in collection or been charged off within the last 2 years; or
  • Has been the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment, or write-off of a debt under Title IV of the HEA during the five years preceding the date of the credit report.

Application Process

Parents may complete the PLUS application at studentloans.gov. Parents will need their Federal Student Aid ID (FSA ID) in order to log on to the website.

If approved:

  • The parent may borrow funds to assist their son/daughter in paying his/her educational expenses.
  • The parent will need to complete the PLUS Master Promissory Note (MPN) at  studentloans.gov.
  • The MPN is a legal document in which the borrower promises to repay the loan and any accrued interest and fees. It also explains the terms and conditions of the loan. In most cases, one MPN can be used for loans that a parent receives over multiple academic years although a separate PLUS Application must be filed for each school year.

If denied:

  • A parent may re-apply with a credit worthy endorser/co-signer.
  • The parent should select the “Pursue endorser,” or “Undecided” option on the PLUS application.  If either of these two options are selected, UCM will not award the student additional Federal Unsubsidized Stafford loans until otherwise notified by the student or parent. 
  • Instead of securing an endorser, an applicant may appeal a determination of adverse credit history to the Department of Education by documenting extenuating circumstances. The Department of Education has the final decision on whether to approve the loan.
  • The student may be eligible to receive additional Federal Unsubsidized Stafford loan assistance in his/her name for the same amount as an undergraduate independent student up to Cost of Attendance.
  • If the parent does not plan to apply with an endorser or appeal the denial, they should select the option. “Will not pursue the PLUS” option.

PLUS loan borrowers who were originally denied a PLUS loan, but were subsequently approved due to a credit-worth co-signer or had an appeal approved by the Department of Education will need to log into  studentloans.gov and complete PLUS Loan Counseling before the loan will pay to a student's account.

If one parent applies for a PLUS loan and is denied based on adverse credit and the other parent applies independently and is approved, the dependent student is not eligible for the increased Federal Unsubsidized Stafford loan amounts.

PLUS Override Requests

 

If a PLUS Loan Application is approved and the parent feels that there are exceptional circumstances that prevent them from borrowing a PLUS loan, a parent may apply for a PLUS Override Request All parents are required to apply for the PLUS loan before a PLUS Override Request will be reviewed; except families who have filed for bankruptcy and who can provide documentation detailing that as a condition of the bankruptcy they are not allowed to apply or co-sign any loans or families whose incomes are limited to public assistance (social security, disability, etc.) 

The following are examples of the exceptional circumstances that might be used to document a dependent student’s eligibility for additional Federal Unsubsidized Stafford Loans:

  • The parent is incarcerated.
  • The parent has filed for bankruptcy and has provided a letter from the bankruptcy court stating that as a condition of the bankruptcy filing, the parent may not incur any additional debt.
  • The parent’s income is limited to public assistance or disability benefits and it is documented that the parent would not be able to repay the PLUS loan.
  • The parent of a dependent student is not a U.S. citizen or permanent resident, or is not able to provide evidence from the U.S. Citizenship and Immigration Services that he or she is in the United States for other than a temporary purpose with the intention of becoming a citizen or permanent resident.    

A PLUS Override approval or a PLUS loan applications denial does not carry over to subsequent academic years.  Parents will need to apply for the PLUS loan each academic year and provide current documentation if applying for a PLUS Override Request.

Circumstances that do not warrant a PLUS Override Request:

  • The parent’s unwillingness to apply or borrow a PLUS loan.
  • An aid administrator’s belief that a parent should not borrow a PLUS loan.

PLUS Loan Changes

 In many circumstances, the borrower may request a change to their loan by using Student Financial Service's Parent PLUS Change Request Form.

Graduate

Stafford (Student) Loan

A Federal Stafford Loan is a low-interest student loan funded by the federal government through the Federal Direct Lending program. This is the largest federal financial aid program, and is made up of both Subsidized and Unsubsidized loan components. To apply, the first step is to complete the FAFSA. Your maximum loan amount depends on your FAFSA dependency status, your grade level (the cumulative number of credit hours you've earned) for the specific loan period for which you're borrowing, and the total amount of scholarship, grant, and other assistance you're receiving for the loan period. A credit check is not required for a student to be approved for Federal Stafford Loan Funds.

Subsidized Stafford Loan aid is awarded in accordance with your calculated financial need. Please be advised that graduate students are not permitted to receive Subsidized Stafford Loan funds, even though (s)he may have a high level of financial need.

Please note: All first-time borrowers who receive a loan on or after July 1, 2013 have a 150% limitation in effect; detailed information is provide in this Federal Student Aid handout.

Unsubsidized Stafford Loan aid may be offered to you regardless of your financial need, although the FAFSA must still be completed and submitted. No repayment of the loan principal is required while you're enrolled at least half-time. However, interest starts accruing once the loan is disbursed. The interest may be allowed to accrue and then be added to the loan principal (this is referred to as capitalization). However, many students wisely elect to pay the accrued interest on a quarterly basis in order to eliminate or reduce the effect of compounding.

Detailed information about the Federal Stafford Loan program, such as Loan Origination Fees, Interest Rates, and Maximum Annual Stafford Loan Amounts is available at Federal Student Aid.

Mandatory Entrance Loan Counseling and the Master Promissory Note are completed at Student Loans.

PLUS Loan

The Higher Education Reconciliation Act of 2005 permits a graduate student who has been fully admitted to a Masters or Education Specialist degree program to be considered for funding from the Federal PLUS Loan program. Prior to the passage of this law, only parents of eligible undergraduate students could qualify for Federal PLUS Loan assistance.

However, due to the low overall cost of attendance of attending the University of Central Missouri (even for non-residents of Missouri) very few UCM graduate students have a sufficient level of financial need to borrow from the Federal PLUS Loan program. This is because graduate students can already be considered for Federal Stafford Loans up to $20,500 per award year (in accordance with the student's assigned Federal Cost of Attendance) with no credit history check.

Please visit Federal Student Aid for additional information or Student Loans to apply for the Graduate PLUS Loan.

International

Federal Aid is dependent on your citizenship or immigration status. Please see the section "I am not a U.S. Citizen" on the flyer "Can I get financial aid?"

Loan Guidance

Please visit our Financial Literacy page for additional information about:

  • Entrance Loan Counseling (required of all new Stafford Loan borrowers at UCM)
  • Master Promissory Note (required of all new Stafford Loan borrowers at UCM)
  • Exit Counseling (required of all Stafford Loan borrowers prior to leaving UCM)
  • Loan Default Prevention
  • Bankruptcy Issues
  • And more...

Federal Work Study

Federal Work Study (FWS) is a Federal Student Aid program that provides funding for part-time employment to some eligible students.  This give you the opportunity to earn money to help pay educational expenses. The Work Study award (not a grant or loan), represents an employment earnings allotment, for part-time work, up to 20 hours per week.  

This resource is awarded to eligible students with financial need according to federal guidelines. Due to the limited availability of program funding, to increase your chance of receiving this type of aid, file your FAFSA by April 15th each academic year. To find more information about the Work Study Program, visit Federal Student Aid.

Students who may not qualify for Federal Work Study earnings allotment, but still wish to work part-time while attending UCM, are encouraged to explore University-funded part-time employment opportunities.

Undergraduate

If you receive this award, you can apply for on-campus jobs through the UCM job search (Student Position Type) or off-campus jobs through Handshake.

To be eligible for FWS, you must meet the following criteria:

  • Must be enrolled full-time,
  • Have a FAFSA received date of April 15, 2018 or earlier,
  • Have an Expected Family Contribution (EFC) between 0 and 7000,
  • Cannot be "Living with Parent,"
  • Indicated "Yes" or "Don't Know" on the FAFSA when asked about Work Study,
  • Not receiving VA Benefits, and 
  • Must have Unmet Need after EFC and all other aid is considered.

If you meet all of the criteria above, the financial aid office automatically awards FWS to you.  Check the award letter you receive from Financial Aid to see if you are a recipient.  If awarded FWS, after you secure qualified employment and begin working, you will receive a paycheck just as you would for any job.  Since the funding for your paycheck comes from the Federal Government rather than the University of Central Missouri, many departments on-campus have an added incentive to provide employment opportunities.  You are free to use those funds for any living or educational expense you have while attending college.

Work Study earnings are used by students to pay miscellaneous and living expenses throughout the semester. Therefore, a student's allotment is not assistance that is credited to his/her UCM Student Account at the beginning of a term toward payment of tuition, fees, residence hall, or meal plan expenses.

State Aid

Completion of the Free Application for Federal Student Aid (FAFSA) is required in order to be considered for any type of state grant assistance.

State Grants

Grants are a form of gift assistance that help you pay the educational and living expenses you'll incur to pursue a first bachelors degree. You normally never have to repay or work for grants, most of which are awarded based on your financial need level (as determined by the data from your FAFSA).

Undergraduate

Access Missouri Grant

The state of Missouri administers several programs to assist eligible Missouri residents with the educational and living expenses they'll incur to pursue a first bachelors degree at UCM. To be considered for any of the following state programs, be sure to submit your FAFSA before the February 1 Missouri application deadline for 17/18. Detailed information about the following (and other) Missouri financial aid programs may be found on the Missouri Department of Higher Education (MDHE) web page.

If you're a resident of a state other than Missouri, you're encouraged to contact the agency responsible in your state for administering your state's grant and scholarship programs. 

This need-based grant is awarded to full-time undergraduate students with medium to high levels of financial need, as calculated from the data provided on the FAFSA. MDHE provides additional details about this program on their site. For consideration, the FAFSA application deadline is February 1st.

Gear Up

The Federal Gaining Early Awareness and Readiness for Undergraduate Programs grant program is designed to increase the number of students who are prepared to enter and succeed in a college or university after graduating from high school. In additional to the Gear Up grants that provide services at selected middle and high schools, funds are also used to provide college and university scholarships to low-income students. Visit the U.S. Department of Education for additional information about Gear Up.

Marguerite Ross Barnett Memorial Scholarship Program

This program provides need-based scholarship aid to undergraduate students employed at least 20 hours per week and who enroll less than full-time (11 or fewer undergraduate credit hours per semester). The MDHE web site provides additional information about this program.

Undergraduate, Graduate, and International Students:Scholarships

Internal (UCM) and External Scholarships are excellent resources to help make your educational and career goals a reality.  MoCents, UCM's single online scholarship application, should be completed at the start of each calendar year. Most deadlines are March 1; awards are usually gifted the following school year.

Please visit our Scholarships page for information about applying for UCM Foundation Scholarships and other opportunities.

Private Educational (Alternative) Loans

Undergraduate, Graduate, International Students and Sponsors:

Private loans are different than Federal Stafford loans in that students, parents or sponsors must meet the credit requirements of a particular lender. Often students find that they need a credit-worthy co-signer to be approved for these loans or to receive the best interest rate. Visit our Private Educational (Alternative) Loan Programs page for more information about private (non-federal) lending organizations which offer loan funds to assist students with their educational and living expenses. 

Applying for Aid

Completing the Free Application for Federal Student Aid (FAFSA) gives you access to the largest source of financial aid available to help you pay for your educational needs.  You should also add UCM’s code 002454, so we receive your information. Federal Student Aid (FSA) provides guidance related to creating the required FSA ID and completing the FAFSA.

Learn more about Applying for Aid.

Financial Aid Policies

 The office of financial aid maintains a collection of policies and procedures that facilitate the financial aid process.  In addition, if you are considering withdrawing, dropping a class  or have done so in the past, you should be aware of the policies and procedures that can impact your ability to keep and/or receive financial aid and/or affect your academic standing.

View Financial Aid Policies

Contact

Student Financial Services
Warrensburg MO 64093
Ward Edwards 1100
Tel: (660) 543 - 8266
Fax: (6600 543 - 8080

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