got tuition? Facts About Missouri |
HOW DID YOUR MISSOURI REPRESENTATIVES & SENATORS VOTE?
The College Cost Reduction and Access Act (PL 110-84)
- This bill was hailed as the largest federal investment in higher education since enactment of the GI Bill.
- It reduced payments to lenders and cut the interest rate on subsidized student loans in half—from 6.8% to 3.4% over a four-year period
- The bill increased investments in grant aid for the neediest borrowers by increasing the Pell Grant maximum award
- The new TEACH Grant program which helps prospective teachers pay for college and a new loan forgiveness program for public sector employees were created.
| Missouri | |||||
| Rep | Todd Akin (R-MO-2) | N | |||
| Rep | Roy Blunt (R-MO-7) | N | |||
| Rep | Russ Carnahan (D-MO-3) | Y | |||
| Rep | Wm Lacy Clay (D-MO-1) | Y | |||
| Rep | Emanuel Cleaver (D-MO-5) | Y | |||
| Rep | Jo Ann Emerson (R-MO-8) | Y | |||
| Rep | Sam Graves (R-MO-6) | Y | |||
| Rep | Kenny Hulshof (R-MO-9) | N | |||
| Rep | Ike Skelton (D-MO-4) | Y | |||
| Sen | Kit Bond | N | |||
| Sen | Claire McCaskill | Y | |||
Higher Education Opportunity Act (PL 110-315)
- This bill proposes to increase Pell Grant awards and Perkins loan limits, in an effort to help the neediest borrowers.
- The bill also imposes new requirements on participants in the private student loan programs, to be sure that students and families are fairly treated while seeking these increasingly necessary funds.
- There are many new programs in the bill, including several that foster access to higher education by providing counseling and other supports, including financial literacy education.
| Missouri | |||||
| Rep | Todd Akin (R-MO-2) | N | |||
| Rep | Roy Blunt (R-MO-7) | N | |||
| Rep | Russ Carnahan (D-MO-3) | Y | |||
| Rep | Wm Lacy Clay (D-MO-1) | Y | |||
| Rep | Emanuel Cleaver (D-MO-5) | Y | |||
| Rep | Jo Ann Emerson (R-MO-8) | Y | |||
| Rep | Sam Graves (R-MO-6) | Y | |||
| Rep | Kenny Hulshof (R-MO-9) | Not Voting | |||
| Rep | Ike Skelton (D-MO-4) | Y | |||
| Sen | Kit Bond | Y | |||
| Sen | Claire McCaskill | Y | |||
Missouri College Tuition Facts
Missouri Financial Aid Facts:
Missouri offers some options for paying for college, including both academic and need-based aid. These are all state offered programs for Missouri residents that attend Missouri schools.
- Higher Education Academic "Bright Flight" Scholarship Program - Merit-based scholarship for full-time undergraduate students.
- Advantage Missouri Program - Need-based forgivable loan program for full-time undergraduate students seeking degrees related to Missouri's high-demand occupations.
- Charles Gallagher Student Financial Assistance Program - Need-based grant for full-time undergraduate students.
- Missouri College Guarantee Program - Merit and need-based grant for full-time undergraduate students.
- Missouri College Guarantee PLUS Program - Scholarships for undergraduate and low-income GEAR UP or TRIO students.
Cost of Tuition:
Sallie Mae estimates that a Missouri resident, attending a school in Missouri, will spend about $14,977 in their first year of school between the cost of tuition, room and board, and other expenditures. This is an estimate of colleges and universities across Missouri.
Estimated Cost of Missouri Universities:
- Lincoln—$5,934.00 per semester
- Missouri State—$6,411 per semester
- University of Missouri—$8,120 per semester
Recent Legislation:
A recent Missouri law limits the rate at which Missouri universities can raise tuition costs to equal or less than the rise in inflation, according to Columbia Business Times. However, some colleges and universities are still raising costs to just below the increase in inflation; still putting a strain on students’ wallets.
Links:
http://www.easyaid.com/missouri-financial-aid.html
