Construction Update
The front entrance with parking at the UMKC Administrative Center is closed for construction. Please use the entrances on the east, south and north ends of building. The Office of Financial Aid and Scholarships will remain open for calls and email. UMKC Central will be relocating to its new office in Atterbury Student Success Center from July 27 to August 14. Walk-in services may be limited or not available during that time.
Loans
About Student Loans
Student loans are borrowed money that must be repaid with interest. Borrowing responsibly now will help your financial success in the future. If you don't have the money to pay for college, a student loan will enable you to borrow money and pay it back at a later date, with fees and interest.
Sources of loans include the federal government, state organizations and UMKC. Additionally, credit-based loans are offered through a variety of banks and other lenders.
Eligibility
- Your eligibility to secure a loan may be based on cost of attendance and financial need. Most federal loans require you to file a Free Application for Federal Student Aid (FAFSA).
- Most loans do not require a credit rating, but issues in your credit history may disqualify you.
- Loans must be accepted and certified before they can be credited to your university account. Allow at least two weeks before the last date of the semester for loan certification and approval.
How Much Can You Afford to Borrow?
- Estimate your costs.
- Learn about loan repayment.
- Schedule a one-on-one financial consultation with Financial Wellness.
Types of Loans
- Federal direct loans
- Featured loans from Missouri organizations
- Featured institutional loans
- Private loans
Explore Loans For
Federal Loan Requirements
Entrance Counseling
All Direct Loan borrowers and dependent students of Parent Plus Loan borrowers are required to complete entrance counseling. Complete entrance counseling.
Master Promissory Note (MPN)
Direct Loan, Grad PLUS and Parent PLUS borrowers are required to sign an MPN before any loan funds can be disbursed to their UMKC account. Sign MPN.
Annual Student Loan Acknowledgement (ASLA)
Borrowers of Direct Loans are required to view how much they currently owe in federal student loans and to acknowledge they have seen the amount before we can process loan funds. This annual requirement applies to all Direct Loan borrowers, even those who accepted a Direct Loan before this requirement. Know what you owe.