Business & Finance Finance

Mizzou Financial Aid

Mizzou Financial Aid

About University of Missouri

University of Missouri (MU) is a premium public university in the American state of Missouri. Also known as Mizzou, this research university was founded in 1839 in Columbia. MU is acclaimed to be the first institute of higher education for the general public on the west part of Mississippi River. Being the largest university in the state of Missouri, Mizzou has 20 academic colleges that accommodate over 33,800 students in the undergraduate and graduate degree programs. The Columbia campus is also the flagship institute of the University of Missouri System. It is also an institute full of prestige, being one of the 34 public universities that are members of the Association of American Universities.
Spread over 1,372 acres, the university has state of the art facilities and a botanical garden. Mizzou is also well known to be the first university in the world to have its own school of journalism. University of Missouri Research Reactor is renowned to be the most powerful research reactor in any university world over. Some of the most sought after areas of study at the university include law, engineering, medicine, agriculture and veterinary medicine. Besides studies, University of Missouri's NCAA Division I team, Tigers is also one of the top notch teams in the league.

Mizzou Financial Aid Package
A university such as Mizzou can be quite expensive if you are on your own. It has also been seen that students who worry too much about the finances and arranging funds for the bills, find it much harder to cope with and focus on their studies. To counter all this and provide eligible students with financial hardships a breather, the Mizzou financial aid department offers extensive and ample financial aid and assistance plans. Mizzou financial aid is divided into grants, scholarships, private/federal/consolidated student loans, Parent Loan for Undergraduate Students (PLUS), student employment as well as aid for the university employees and their families.

There are also scholarships that are need-based, which is financial aid designed especially for students with ailment and disease. Those students who have athletic credentials and achievements in the past may also find special quota for themselves. Exemptions are also another great way to cut back the costs and can be sought by students transferring from other universities.

Eligibility Criteria
To be eligible for the Mizzou financial aid, you need to be a U.S. citizen or an eligible non citizen. You also need to have a clean record – one without any offenses or felonies. Individuals with a history of drug abuse and defaulting on their secured and unsecured debts find it difficult to get approved for any financial aid. Mizzou Financial Aid department also require each of the applicants to fill-in and submit the updated FAFSA form prior to applying for the financial aid. If awarded, the Mizzou Financial Aid does not last more than two semesters, after which it may be dropped or revised.
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