by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to University of Missouri-Columbia can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Mizzou offer, and what will you qualify for? Read on for more information. Read on to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from University of Missouri-Columbia.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at University of Missouri-Columbia, 97% of new full-time first-years were awarded at least some aid approximately 4946 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $13,203 |
| Institutional grants & scholarships | 94% | $10,956 |
| Federal Pell grants | 20% | $5,480 |
| State/local grants | 32% | $2,747 |
| Federal student loans | 44% | $5,309 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 79% of undergraduates were awarded grant or scholarship aid averaging $12,965 (covering around 18644 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $12,965 |
| Federal Pell grants | 20% | $5,398 |
| Federal student loans | 35% | $6,243 |
For on-campus title-IV students, average grant aid came to $11,445.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,635 |
| $30,001 – $75,000 | $14,799 |
| Over $75,000 | $23,771 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,268 |
| Off-campus title-IV students | $19,889 |
For an estimate tailored to your family circumstances, see Mizzou’s NPC: financialaid.missouri.edu/cost-of-attendance/net-price-calculator/.
Graduating students at Mizzou carry a median federal student debt of $16,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,500 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Mizzou.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $15,750 |
| High income | $17,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,296 |
| Continuing-generation students | $16,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,750 |
| Independent students | $14,408 |
These indicators are derived from the underlying debt data and summarize the overall picture at Mizzou.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Mizzou:
| Metric | Value |
|---|---|
| Stafford loan recipients | 74553 |
| Total Stafford loan amount | $1,852,246,593 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 396 |
| Total GI Bill amount | $4,422,971 |
| Average GI Bill amount per recipient | $11,169 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 151 |
| Total DoD amount | $474,180 |
| Average DoD amount per recipient | $3,140 |
References
More about our data sources and methodologies.