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

 

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Applying for Financial Aid

From the necessity of filing the Free Application for Federal Student Aid (FAFSA) annually to eligibility criteria, deadlines, filing options, and required documentation, this page serves as a comprehensive resource to ensure students navigate the financial aspect of higher education effectively.

 

 

Accepting Aid

 

Accepting Aid

After logging into SURFS, students can conveniently review, accept/decline awards, and check for outstanding requirements, ensuring a smooth financial aid process. Regularly monitoring their SURFS account is vital to address any additional requirements or adjustments to their aid package promptly and avoid potential delays.

 

 

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Financial Aid Calendar

Stay informed about critical financial aid dates and details at UMB with our Important Information page. Bookmark this resource to ensure you're up-to-date on submission deadlines, awarding timelines, and program-specific disbursement schedules.

 

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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

After logging into SURFS, students can conveniently review, accept/decline awards, and check for outstanding requirements, ensuring a smooth financial aid process. Regularly monitoring their SURFS account is vital to address any additional requirements or adjustments to their aid package promptly and avoid potential delays.

 

 

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. This money is an alternative to taking on loan debt. They do this instead of taking on loan debt.