by our College Data Analytics TeamMany students attending University of Missouri - Kansas City can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at UMKC and what you may be eligible for? Explore the answers here.
University of Missouri - Kansas City average financial aid offer for freshmen students is $6,903.00. About 92% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of Missouri - Kansas City.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers apply to scholarships and grants largely offered by the school itself.
72% of incoming freshmen (842 total) were given scholarships at University of Missouri - Kansas City, averaging $5,089.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 39% of first-year students (454 total) got a federal grant, for about $5,632.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.31% | $10,173.00 |
| Income 30k-48k | 10.32% | $9,146.00 |
| Income 48k-75k | 8.44% | $7,129.00 |
| Income 75k-110k | 3.92% | $4,197.00 |
| Income 110k + | 1.96% | $2,965.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 1173 undergraduate students at University of Missouri - Kansas City around 92% (990 total) receive some form of grant aid. The typical amount awarded was $6,903.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.