Last semester Paris and I went around campus and asked a few of our fellow peers some financial aid related questions. Due to technical difficulties we weren’t able to post the video until now, but this is valuable information so we decided to post it anyway. Take a look, Did they know they answers?
Watch the video and see!
1. What is the priority deadline to apply for financial aid?
Answer: March 31st. This applies to the F.A.F.S.A to ensure your aid.
2. What grants, loans, and work study opportunities does this college offer?
Answer: Missouri State University students can obtain the Direct Subsidized Stafford Loan and Unsubsidized Stafford loan, the Pell grant, Parent plus Loan, Private with cosigner (fixed), Private with cosigner (Variable), Private (fixed),and Private (Variable) loans. Missouri State also offers numerous work study jobs. In order to hold a Work Study job on campus you must have received Work Study through your Financial Aid Award Letter. Your award letter will say you received a Federal College Work Study Program and have a dollar amount. You cannot apply for work study positions unless this is on your award letter. You can receive more information on all of this in Carringtion Hall 101 or on the financial aid website http://www.missouristate.edu/FinancialAid/default.htm
3. How does the financial aid package change from year to year?
Answer: The F.A.F.S.A determines your need-based financial package. Typically a change in your parents or your personal salary and assets will result in a change of need.If your family financial circumstances tend to stay the same then you won’t see much of a change.
4. What does F.A.F.S.A stand for?
Answer: Free Application for Federal Student Aid.
5.What are the average total costs for the first year at Missouri State University?
Answer: For Missouri residents $15,234 | For Non- Missouri residents $21,816 and personal expenses will vary. The office of student financial aid estimates the cost of transportation, automobile maintenance, insurance, recreation, clothing and other personal expenses will average $3,915 per year for undergraduate students.
6. Does financial need have an effect on admission decisions?
Answer: No. Your acceptance is not affected by your financial need at Missouri State University.
We really hoped you enjoyed this video! Be prepared to see more videos from Real L.I.F.E in the near future! If you have any questions about any of the information in this video feel free to see any of out peer counselors in Carrington Room 419. We’d love to assist you!