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 Stationlocated
on the second floor of the Lommasson Center Building in Griz Centra.
Additional information may be obtained by accessing the financial
aid web sit at http://www.umt.edu/finaid.
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,
beginning October 1st , in the application. The application is available
from Admission & New Student Services, the Davidson Honors College,
and high school counselors in Montana. The application is also available
on the World Wide Web at 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, beginning October 1st, 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 their
major departments 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 consideredonly 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. Both entrance and exit counseling
can be completed by accessing the financial aid page of the web site
for The University of Montana-Missoula, at http://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 at 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.
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
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.)
Indian
Student 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
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.