University of Missouri

Finance and Administration

University of Missouri MOST Scholarships

Index

• Overview
• Criteria
• Qualification
• Application Process
• Contact Information
• Frequently Asked Questions

Overview

In November of 2006, the University of Missouri announced the MOST Scholarship Program. 80 scholarships of $500 per year will be awarded annually - for qualifying students of families who have invested for college through Missouri’s 529 Savings Plan (MOST) and who attend one of the University of Missouri four (4) campuses. Awardees will be selected based on financial need.

Criteria

• The University of Missouri would invest up to $40,000 on an annual basis in the scholarship program.

• Up to 80 scholarships of $500 each would be awarded to eligible applicants.
• Students would need to apply annually for the scholarships and could receive scholarships for up to four years.

• To be eligible, the student’s family would need to have participated in the MOST program on behalf of the student for a minimum of 5 years prior to applying for the scholarship.
• The student must be in good academic standing to be eligible for the scholarship.

• The student must be a full – time student to be eligible for the scholarship.
• The student must complete a FAFSA and show HIGH need as determined by a standard of need applied against the FAFSA.

• The University of Missouri reserves the right to make changes in the Program as deemed necessary by the University.

Qualification

In order to qualify for the UM Most Scholarships, students must meet the following criteria:

• Be a designated beneficiary of an account of the MOST 529 College Savings Plan that has been in effect for at least five (5) years at time of application.
• Be an accepted incoming student or an enrolled student in good standing at one of the four (4) University of Missouri campuses.
• Complete and submit the Free Application for Federal Student Aid (FAFSA)
• Have high financial need: applicants will be selected according to their financial need.
• Complete and submit the MOST Scholarship application.

Application Process

Any student meeting the above criteria is encouraged to apply for the UM Most Scholarship by completing the online application.

Contact information

For questions, appeals and other information, please contact:

Carolyn Allen, Esq.

215 University Hall

1100 Carrie Francke Drive

Columbia, MO  65211-3020

Telephone: (573) 882-3611

E-mail: allencmb@umsystem.edu

Frequently Asked Questions

Q: Is the UM MOST Scholarship the same as the Tuition Settlement Scholarship?

A: No, the Tuition Settlement Scholarship is a separate program entirely, and qualifying individuals can find more information about that program at:
http://www.umsystem.edu/ums/departments/fa/tuition