Financial aid services are available from two campus locations
depending upon status of admission. Students admitted to the
College of Technology (COT) should apply at the South Avenue
location. All other students, including graduate students, should
use the Financial Aid Station located in Griz Central, second
floor of the Lommasson Center Building.
COT students only:
Financial Aid Office
909 South Avenue West
Missoula, MT 59801
(406) 243-7886
E-Mail: faidcot@selway.umt.edu
All other students:
Financial Aid
Lommasson Center - Griz Central
Missoula, MT 59812-1254
(406) 243-5373
E-Mail: faid@selway.umt.edu
Both offices are fully accessible.
Notice: Any policy is subject to change without advance notice
if required by federal or state law, Board of Regents, or Financial
Aid Office.
Acceptance to UM
Students must be accepted for admission (or readmission) to
the University in a degree seeking program before financial
aid requests are considered. Students accepted into non-degree
categories are not eligible for any financial aid.
Presidential Leadership Scholarships
This award is open to incoming freshmen who have demonstrated
high academic achievements, leadership and promise for success
in their high school experiences. The award is renewable for
four years based on meeting eligibility requirements. Further
information is available in the application. The application
is available from the Financial Aid Office, the Davidson Honors
College, and high school counselors in Montana. The application
is also available on the World Wide Web @http://www.umt.edu.
The application deadline is February 1.
Campus-Wide Scholarships
The University offers a campus-wide scholarship program. Students
must apply each year as most scholarships are awarded on an
annual basis.
Requests for applications may be directed to Admissions &
New Student Services, the Financial Aid Office, or high school
counselors in Montana. The application is also located on the
World Wide Web @http://www.umt.edu
The filing deadline is February 1. Students are notified in
March.
The Western Undergraduate Exchange (WUE) scholarship may be
available for applicants from participating states. Contact
Admissions and New Student Services for further information.
Departmental Scholarships
Many departments, including the College of Technology, offer
scholarships based on skill or academic potential. Students
should contact the major department for deadlines and more information.
Financial Aid Application
All students who wish to receive any federal funds, including
need based or most non-need based assistance, must file the
Free Application for Federal Student Aid (FAFSA). Students who
apply early (before March 1), and who complete all other documentation
requirements are given priority for limited funds. Those who
complete requirements later are considered only for federal
loan programs and federal Pell Grants.
Determination of Eligibility
Eligibility for need-based financial aid is determined by subtracting
the Expected Family Contribution (as determined from filing
the FAFSA), scholarships, and other educational assistance from
private or public agencies from the Cost of Education.
Financial Aid Package
Packages of need-based aid can include a combination of grants,
loans and workstudy. A student using the FAFSA automatically
applies for all possibilities with one application. The types
of aid offered will include federal subsidized and unsubsidized
student loans for graduate or undergraduate students and federal
Pell Grants for undergraduates if qualified. For those who file
the FAFSA early and complete all requirements for additional
documentation promptly, additional campus aid will be considered.
This aid includes federal and state grants for undergraduate
students. Federal Perkins loans and either federal or state
work study will be considered for all early filers for both
degree-seeking undergraduates and graduate students.
Non-need based aid, in the form of unsubsidized federal loans,
for students and parents of dependent students will be considered
for those families who file the FAFSA and request these loans.
Distribution of Aid
All financial aid is awarded by the Financial Aid Office and
distributed through Business Services, usually by crediting
aid to the student's account. Aid is released after a student
has accepted the award offer, but not before the first day of
classes each semester. Loans maybe cancelled under certain conditions
if the student no longer desires the debt. Students who are
offered work study must obtain employment and complete additional
paperwork at the Financial Aid Office. Students who work are
paid monthly based on the timecard submitted by the student
and the supervisor.
Additional Requirements for Loans
Any student who receives a student loan at The University of
Montana must complete an entrance interview requirement before
a loan will be disbursed. Graduating students will be required
to complete an exit interview requirement prior to disbursement
of any loans in their last scheduled semester of enrollment.
Entrance counseling can be completed by accessing the financial
aid page of the web site for The University of Montana-Missoula,
www.umt.edu/finaid.
Study Abroad and Financial Aid
Students who desire to study abroad and who enroll in courses
that are approved by The University of Montana should contact
the Financial Aid Office. Instructions will be provided for
using financial aid with this type of study.
Other Requirements and Guidelines
for Retaining Financial Aid
Financial aid is based on maintaining a minimum of twelve (12)
credits each term for undergraduates and nine (9) credits for
graduate students.
Part-time students with six (6) or more credits will be considered
for reduced financial aid packages. Pell recipients receive
75% of the full Pell amount if enrolled for 9-11 credits, and
50% of the award if enrolled for 6-8 credits for the semester.
Other aid may be reduced or eliminated.
Students enrolling for fewer than six credits are not considered
for financial aid with two exceptions; (1) undergraduates who
are seeking their first degree may be eligible for a reduced
federal Pell Grant, and (2) fee waivers may be available for
those who qualify.
Employment
The Financial Aid Office coordinates all subsidized federal
and state work study programs. Open positions are posted on
the electronic job board located @http://www.umt.edu/finaid
as well as the first floor of the Lommasson Center and at the
Information Desk in the University Center.
Regular student employment positions are available through
Human Resource Services and are posted electronically and on
the same displays as the work study positions.
Satisfactory Progress
Any student receiving financial aid is required to make satisfactory
progress in a program leading to a degree. Complete information
is available in the Financial Aid Office.
Short Term Loans
Limited short term loan money is available to registered students
who are eligible and submit complete applications.
Reduced Fees
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Fee Waivers
The Montana Board of Regents has authorized the waiver of registration
and incidental fees for certain categories of students. Applications
for any of the fee waivers listed must be made in writing each
year to the Financial Aid Office. The request must be made prior
to the start of the semester in which the student expects the
waiver.
Minimum academic standards are necessary to receive fee waivers.
Other requirements and limitations may apply. Contact the Financial
Aid Office for application forms or more information.
Montana Veterans Fee Waiver
- bonafide resident of the State of Montana for fee purposes
- Honorable Discharge
- at one time qualified for veterans benefits under Title 38
of the U.S. Code, but are no longer eligible
- served during a time of war as determined by the Attorney
General (World War II, 12-7-41 to 9-2-45; Korean War, 6-22-50
to 1-31-55; Vietnam War, 1-1-64 to 5-7-75; or post-Vietnam world
conflicts under certain conditions. Contact the Financial Aid
Office for further information.)
Native American Fee Waivers
- resident of the State of Montana for one year immediately
prior to enrollment at The University of Montana-Missoula
- documentation proving at least one-quarter degree blood
- meet admissions guidelines of the University
- must have financial need as determined by the Financial Aid
Office
- meet satisfactory academic progress according to the standards
of the Financial Aid Office
Senior Citizens Fee Waiver
- permanent resident of the State of Montana
- 62 years of age or older
University of Montana Employees
- instate resident
- employed at least three-quarter time on the date of registration
and for the entire semester
- must be after probationary employment period
- approval from department head
High School Honors
- awarded by Board of Regents to top graduating seniors in
Montana
- student must submit form received from the Regents to The
University of Montana Financial Aid Office for activation of
this waiver.
Other
There are several other fee waivers including war orphans,
dependents of prisoners of war, and surviving spouse or children
of any Montana firefighter or peace officer killed in the line
of duty. Contact the Financial Aid Office for details.
Department of Military Science
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Students enrolled in advanced ROTC courses are paid a tax-free
subsistence of $250.00 per school month ($3500/year maximum).
Two-, three-, and four-year scholarships (full tuition, fees,
a $510 per year allowance for books, the $250.00 per month subsistence,
and a $1000.00 per year room and board offset) are available
to a number of qualified high school seniors and college freshmen
and sophomores. For more details see the Military Science Department,
College of Arts and Sciences.