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Financing Your Future. Student Financial Services Summer 2014. How Much Does it Cost to Attend UCM?. Tuition and Fees: $7,265 Based on 30 on-campus credit hours ($13,656 for non-residents) Books and Supplies: $1000 Housing: $5,034 for a double room Meal Plan: $2,794

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Financing your future

Financing Your Future

Student Financial Services

Summer 2014

How much does it cost to attend ucm
How Much Does it Cost to Attend UCM?

Tuition and Fees: $7,265

Based on 30 on-campus credit hours

($13,656 for non-residents)

Books and Supplies: $1000

Housing: $5,034 for a double room

Meal Plan: $2,794

Total $16,093 for Missouri Residents ($22,484 for Non-Residents)

Direct and indirect costs
Direct and Indirect Costs


  • Tuition and fees

  • Room and Board

  • Books (if you buy them at UCM)

    Indirect (part of the Financial Aid budget but not paid to UCM):

  • Travel expenses

  • Loan fees

Financial aid process
Financial Aid Process

You can still apply for federal aid

  • Free Application for Federal Student Aid



  • UCM FAFSA code is 002454

  • Priority deadline is April 1st for state and UCM campus based funding.

Financial aid process continued
Financial Aid Process continued

Financial Need

Cost of Attendance (COA)

  • Expected Family Contribution (EFC)


    = Financial Need

    This formula is the basis for how all aid is awarded to the student.

Types of financial aid
Types of Financial Aid

  • Scholarships and Grants

    • Can be from federal, state or private sources

    • Can be need or non-need based

  • Loans

    • Stafford Subsidized and/or unsubsidized

    • Perkins

    • PLUS loans or Private/Alternative Loans

  • Work Study


  • For Perkins and Stafford loans

    • FAFSA is application

    • Must do Master Promissory Note (MPN) and Entrance Loan Counseling

  • Parent PLUS and Private/Alternative

    • Separate credit check/application

    • Must do MPN for PLUS

Plus loan
PLUS loan

  • Credit based loan held by biological or adoptive parent

  • Interest rate for 2014-15 is 7.21%

  • May borrow up to COA less Financial Aid

  • Repayment of the principal begins 60 days after loan is fully disbursed

Other assistance
Other Assistance

UCM payment plan

  • 529 Plans

  • Third party bill payment

  • UCM payment plan

There is no paperwork to sign; all students are automatically on a payment plan when charges begin accruing on their student accounts. If financial aid (defined as grants/scholarships/loans) does not pay the balance in full, payment of at least 20% is due each month. For the convenience of making monthly payments, a 1.5% additional processing fee will be charged toward the unpaid balance beginning with the third monthly installment.


Total Due – financial aid = balance due

Balance due ÷ 5 payments (3 for summer) = amount of 1st payment

Remaining original balance due + additional charges since first payment ÷ 4 (# of payments remaining) = amount of 2nd payment

Remaining balance due + additional charges x 1.5% ÷ 3 = amount of 3rd payment, and so on for 4th and final payments

How can i see my financial aid
How Can I See My Financial Aid?

  • By email and mail

    • Most correspondence is via UCM email account

  • MyCentral portal

    • Student only access with 700#

    • Reset of password via our help desk

  • Other FAQs are on

What if i haven t seen our aid yet
What if I haven’t seen our aid yet?

  • We haven’t received your FAFSA

  • FAFSA is rejected

    • Most common issues are signatures, selective service or missing information

  • Verification has not been completed

  • Check status via MyCentral

When will we get our bill
When will we get our bill?

  • Statement includes

    • Class fees/tuition

    • Housing/meal charges

    • Books

    • Financial Aid credits

  • Bills available online


    • Click on view and pay my bill on the Student Services Tab

New Student Fee

on September bill

When will we get our bill1
When will we get our bill?

  • July 23 - Fall semester bills will be printed and available in the MyCentral Billing and Payment Center

  • August 20 – Payment for the “Amount Due” after aid is applied

    • in full or 20% of “Amount Due” balance

Amount Due

Online account access
Online Account Access

  • Set up bank account info for payments and refunds

  • Direct deposit

    • If students choose to not use direct deposit, please note that checks are run on a specific schedule and funds are mailed to the permanent address

Online billing
Online Billing

  • Review your bill

  • Make single immediate payment

  • Schedule future payments

  • Set up personal profile and authorized users

  • Students will receive only one paper bill per semester

Important information
Important Information

  • Most aid is based on full time enrollment (12 or more hours), if you drop below 12 hours some aid may be prorated or cancelled.

    • State aid and scholarships are based on full time

    • Pell grant is prorated

  • Before you drop a class, talk to SFS and your academic advisor

Central one card
Central One Card

  • Anyone with a valid UCM ID card can choose to use it as a debit card on campus

    • Central Cash

    • Bookstore

    • Meal points and meal plans

  • Access to the following

    • Library card

    • Home sporting events

    • SGA Voting

    • Planner-Handbook distribution

  • Not required to get your FA refund!

Contact sfs1
Contact SFS

  • Located in Ward Edwards Room 1100

  • Hours are 8-5 Monday-Friday during the school year and 7:30-4:30 in the summer

  • Phone 660-543-8266 or 1-800-SAY-UCM

    • Fax 660-543-8080

  • Other services

    • Budgeting assistance

    • Financial literacy

    • Notary