The process for applying and receiving financial aid takes time to complete. Here are some topics and resources that will answer some of your questions.
To receive federal financial aid, you must meet all of the following requirements:
To receive other financial aid, you must meet the specific requirements for each type of aid. Those requirements are on the individual web pages listed below.
When you are admitted to Park University and your financial aid paperwork is completed and on file, you will receive an award notification including all aid you are eligible to receive. Some aid processes are completed at various times during the year and if you become eligible to receive additional funding, a new award notification will be sent. Some types of additional aid may require adjustment of aid you have already received.
Federal Aid consists of grants, loans and work. If you complete a Free Application for Federal Student Aid (FAFSA), your eligibility for the following aid will be determined:
Park University works with the Department of Defense (please contact your Education Officer on base), the Veterans Administration other State programs (please contact the state Higher Education Department) and individual employers (please contact your Human Resources Office) to help process your education benefits through these agencies. You are responsible for providing your Campus Center Administrator all funding forms required for confirmation each term.
Financial aid correspondence may be sent to:
Student Financial Services Box 44
8700 NW River Park Drive
Parkville, Missouri 64152-3795
Phone: (816) 584-6290
Fax: (816) 584-2512
After Park receives your processed FAFSA , our financial aid specialists calculate your financial need using the information from your Student Aid Report (SAR). Following this, an official electronic award notification will be generated and emailed to your Park e-mail address. Financial aid packaging is done daily and electronic award notifications are generated as files are completed in date order.
The award notification will list the types of financial aid you can expect to receive based on your financial need under federal guidelines. The types of aid awarded could include scholarships, grants, work-study, and loans that you are eligible to receive at the time you applied.
Login to the MyPark portal to review your financial assistance. You must either accept or decline each aid type awarded.
If you are selected for verification, you will be requested to submit specific additional documents that will be evaluated prior to you receiving your award
Based on the information you provide on the Free Application for Federal Aid, our financial aid specialists will prepare your financial aid package. This package may combine loans, grants, work-study or scholarships.
Using an established formula (financial need = COA - EFC) which is a result of the cost of attending (COA) Park University, minus your expected family contribution (EFC), determines your financial need. Your financial need is what can be met in terms of gift-aid and self-help aid. The expected family contribution (EFC) is the result of your processed FAFSA and is your expected contribution towards your own education.Example:
|Cost of Attendance||$10,000|
|Expected Family Contribution||-1,500|
Clicking the "Submit" button above constitutes your express written consent to be called and/or texted by Park University at the number(s) you provided, regarding furthering your education. You understand that these calls may be generated using automated technology.