by our College Data Analytics TeamMost students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to University of Central Missouri can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can UCM offer, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at University of Central Missouri.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At University of Central Missouri, 97% of first-year full-time students received aid of some kind (about 1013 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $7,811 |
| Institutional grants & scholarships | 93% | $4,203 |
| Federal Pell grants | 41% | $5,538 |
| State/local grants | 49% | $2,543 |
| Federal student loans | 48% | $5,258 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at UCM, some 70% of the undergraduate population received grant aid that averaged $7,145 (across roughly 5026 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $7,145 |
| Federal Pell grants | 27% | $5,426 |
| Federal student loans | 32% | $6,414 |
On-campus students receiving title-IV aid were awarded grants averaging $8,485.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,095 |
| $30,001 – $75,000 | $13,767 |
| Over $75,000 | $18,471 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,462 |
| Off-campus title-IV students | $15,336 |
To project your own net price, use UCM’s official net price calculator: www.ucmo.edu/future-students/tuition-and-costs/cost-calculators/.
Graduating students at UCM carry a median federal student debt of $15,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,750 |
| Median federal debt (graduates only) | $21,000 |
| Typical 10-year monthly payment (graduates) | $222.63/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at UCM.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $6,000 |
| 75th percentile | $26,124 |
| 90th percentile (highest-debt students) | $36,034 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,508 |
| Middle income | $16,500 |
| High income | $15,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,750 |
| Continuing-generation students | $15,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,750 |
| Independent students | $15,947 |
A handful of calculated indicators summarize the debt outlook at UCM.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at UCM:
| Metric | Value |
|---|---|
| Stafford loan recipients | 38751 |
| Total Stafford loan amount | $825,529,059 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 773 |
| Total GI Bill amount | $1,378,022 |
| Average GI Bill amount per recipient | $1,783 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 729 |
| Total DoD amount | $1,321,937 |
| Average DoD amount per recipient | $1,813 |
References
More about our data sources and methodologies.