Financial Aid Tips | UMSL

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Applying for Financial Aid

Applying for Federal and State Aid

FAFSA Opened October 1

  1. File your FAFSA by February 1st for incoming freshman, new transfer, and for all continuing and graduate students.  Students filing after that date will be applying for remaining financial aid funds available (typically Pell grant and Stafford loans.) For Missouri Residents, the State has a deadline of February 1st for state funded scholarships and grants, this is a change from previous years.
  2. Be accurate and complete when filing FAFSA. Don't leave a field blank. If a question doesn't apply, enter "0".
  3. Students who have a FSA ID may use it as their signature. Students who do not have or don't know their FSA ID and parents of dependent students can obtain a FSA ID at website.  See these instructions to create an FSA ID.
  4. Allow 3-5 business days for the Student Financial Aid Office to receive your electronic FAFSA. Once it has been received please allow 1-2 weeks minimum for application processing. The Financial Aid Office will contact you if we need any additional information before we can process your application.  Please check your to-do list in MyView for required items.
  5. Review your student aid report (SAR) carefully, follow any instructions provided.
  6. Accept or decline your awarded financial aid promptly on MyView to allow for quicker processing.
  7. Set up direct deposit to have any excess federal Stafford loan funds automatically deposited to your checking or savings account. You can initiate direct deposit in MyView.
  8. Notify the Financial Aid Office immediately of any scholarships, grants, stipends, fellowships, or other awards that you will be receiving if they are not listed on your award. Remember, we may be required to make adjustments to the financial aid offered to you. If you receive money from other sources at any time during the year, your awards may be reduced.
  9. Be sure to update your current mailing address on the MyView system under "Self Service" to ensure you will receive your mail in a timely manner.

Students should also complete the UMSL Online Scholarship Application at by April 1.