by our College Data Analytics TeamMost students are not billed 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 total price of attendance at University of Missouri-St Louis can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does UMSL offer, and what will you qualify for? Keep scrolling for more information. Keep reading to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at University of Missouri-St Louis.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at University of Missouri-St Louis, 100% of entering full-time freshmen got some type of financial assistance some 433 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $17,096 |
| Institutional grants & scholarships | 99% | $12,376 |
| Federal Pell grants | 51% | $6,622 |
| State/local grants | 47% | $2,660 |
| Federal student loans | 46% | $5,047 |
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 UMSL, around 41% of undergrads got grants or scholarships worth on average $10,123 (for some 4925 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $10,123 |
| Federal Pell grants | 18% | $6,164 |
| Federal student loans | 19% | $7,357 |
On-campus students receiving title-IV aid were awarded grants averaging $16,128.
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 | $9,659 |
| $30,001 – $75,000 | $11,068 |
| Over $75,000 | $18,711 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,071 |
| Off-campus title-IV students | $12,401 |
To project your own net price, use UMSL’s net price calculator: www.umsl.edu/sfs/calculator/index.html.
Graduating students at UMSL carry a median federal student debt of $16,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,500 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at UMSL.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,100 |
| 25th percentile | $8,000 |
| 75th percentile | $27,875 |
| 90th percentile (highest-debt students) | $40,278 |
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 | $18,987 |
| Middle income | $16,500 |
| High income | $14,582 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,000 |
| Continuing-generation students | $15,320 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $21,153 |
A handful of calculated indicators summarize the debt outlook at UMSL.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at UMSL:
| Metric | Value |
|---|---|
| Stafford loan recipients | 43551 |
| Total Stafford loan amount | $1,200,149,149 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 161 |
| Total GI Bill amount | $1,562,898 |
| Average GI Bill amount per recipient | $9,707 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 29 |
| Total DoD amount | $81,125 |
| Average DoD amount per recipient | $2,797 |
References
More about our data sources and methodologies.