Understanding Your Financial Aid

Required reading to help you understand how financial aid is awarded, your rights and responsibilities as an award recipient, and answer many of the basic questions associated with your awards

Types of Aid

Financial Need

Financial Need is the amount of need-based financial aid you are eligible to receive. It is determined by subtracting your Expected Family Contribution (EFC), reported on the Free Application for Federal Student Aid (FAFSA), from the Cost of Attendance.

Estimated Cost of Attendance 

You cannot receive more financial assistance than your total Cost of Attendance. Please report any outside grant, loan, scholarship or waiver, if it is not already listed on your financial aid award package, to our office.

Estimated financial aid budget

Need-based aid distribution

We attempt to distribute grant, Work-Study and loan funds equitably among eligible applicants who apply by the priority deadline. Students who require additional funds to cover their expenses and those who are not eligible for need-based aid may consider Unsubsidized or private loans

How we apply need-based aid

  1. Federal, state and private grants and scholarships are added to your award
  2. Federal Work-Study is then added for students with the greatest need based on the availability of funds
  3. Finally, federal Direct Loans are added

View and Accept Your Financial Aid Offer

Complete the financial aid process


Financial Aid Disbursement

Terms and Conditions

When you accept the offer of financial aid specified on your award notification page, you agree to accept and fulfill the following responsibilities, including the terms and conditions set by the federal regulations for financial aid.

Previously received federal Title IV aid

You must not be in default on any federal educational loan or owe any refunds on federal grants received at postsecondary institutions.

Use of funds

You may use funds listed on your award notice for education-related expenses only. This includes living expenses incurred while attending UMKC.

Enrollment requirements

Attendance requirement

Withdrawing from the university

Satisfactory Academic Progress

Consumer Information