Financial Aid

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School Code: 002104

Our mission is to assist every UMB student in securing the necessary funding to finance their education. We believe in the importance of developing a solid spending plan and making informed decisions before borrowing money for educational costs. Our financial aid programs are designed to support students with academic potential who face financial constraints, ensuring they can complete their education. With around 80% of UMB students receiving assistance through our office, we process approximately $194 million annually from various sources, including institutional grants, scholarships, loans, state aid, and federal programs. Aid packages are based on financial need, determined by FAFSA data and program costs. 

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News and Announcement

For priority consideration for institutional aid, students should complete their FAFSA by February 28 annually. 

2024-2025 Awarding Updates

Due to reprocessing delays from the Department of Education to include important information needed to determine the correct Student Aid Index (SAI), aid offer notifications are scheduled to be sent out to students based on the timeline below. Prior to receiving an aid offer, students should monitor their UMB email and SURFS account for any additional documents needed to determine their eligibility for federal and institutional aid. 

New students: the week of May 20, 2024

Continuing students: the week of June 3, 2024

Summer Financial Aid

Questions about financial aid for summer? Visit our Summer Aid page for more information on eligibility, requirements, and processing timelines!

Commonly Visited Pages

 

Apply Icon

 

Applying for Financial Aid

How to file the FAFSA each year, who is eligible, important deadlines, how to file, and what documents are needed.

 

 

Accepting Aid

 

Accepting Aid

Accept/decline awards, check for outstanding requirements

 

 

 

Student Right to Know

The  Student Right to Know section provides important consumer information about Title IV aid and compliance.  

 

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Federal Loans

Explore the Federal Direct Loan Program page to access essential information on various federal loan options available to students pursuing higher education.

 

 

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Scholarships

We offer a number of scholarships to students who demonstrate a strong ability to succeed through their academic achievements, community leadership, and service.

 

 

Work Study

The federal government funds Federal Work-Study Employment. It gives eligible students the chance to work on or off campus and earn money as an alternative to taking on loan debt.