Financial Aid

Let’s look at your options.

If you qualify for financial aid, we’ll help you find it. Multiple resources may be available to help pay for the cost of your education. Our experienced student finance advisors are committed to helping you understand your options and assist you in applying for various forms of financial aid if you qualify.

UMA Financial Aid Facts

UMA FAFSA School Code: 035493

This is the UMA School Code used to complete your Free Application for Federal Student Aid (FAFSA).

Contact Financial Aid: 888-212-5421

If you have questions regarding your financial aid, please give us a call so we may assist you.

Types of Financial Aid

Many students are not aware of the many types of grants and federal loans that exist to help pay for the cost of education (if they qualify). Federal Student Aid helps students cover education costs like tuition and books. Aid is available in the form of grants, and loans, and UMA offers Federal Student Aid to those who qualify. We also encourage our students to research other tuition assistance resources, such as need and merit-based scholarships and employer tuition reimbursement.

An affordable education may be closer than you think.

  • Step 1: Create your Federal Student Aid (FSA) ID

    Create your Federal Student Aid (FSA) ID if you do not already have one at Your FSA ID is necessary to gain access into the Federal Student Aid websites.

    Create your FSA ID ▸

  • Step 2: Complete the Free Application for Federal Student Aid (FAFSA)

    Use the UMA School Code (035493) to complete your Free Application for Federal Student Aid (FAFSA).

    Please complete the 2020/21 FAFSA using the IRS Data Retrieval on the FAFSA website; if you are not eligible to use the IRS Data Retrieval please use your tax returns. To obtain copies of your tax information, please call the IRS at 800-829-1040.

    Get Started ▸


    First time UMA students, please complete the 2020/21 FAFSA.

  • Step 3: Complete the Information and Authorization Form

    Log in to the Puma Den (UMA Student Portal) and click My Documents on the left-hand side to access the form. This document is used to collect personal information and references, and in the treatment of credit balances.

  • Step 4: Complete your Entrance Counseling

    Students who borrow loans under the Federal Direct Loan program are required to complete entrance counseling before their loan can be released. Log in to the Puma Den (UMA Student Portal) and click My Documents on the left-hand side to access the form.

  • Step 5: Sign your Master Promissory Note

    To receive your Federal Direct Loan(s), you will need to sign a master promissory note which is a promise to make payments on your loan(s). You can sign it electronically online at

    Sign Promissory Note

Don’t worry, we’re here to help. Call to schedule an appointment with a UMA student financial advisor and get answers to your questions at 888-212-5421.

  • Federal Pell Grants

    Federal Pell Grants provide funding to help eligible students without a bachelor’s degree pay for their education. Unlike loans, grants do not have to be paid back.

    For the award period from July 1, 2020 through June 30, 2021, the maximum Federal Pell Grant award is $6,245.

    The actual amount of each student’s Pell award is based on the cost of education, the number of hours enrolled and the Federal Pell Grant program regulations. Although not everyone qualifies for this need-based grant, all students should apply.

    Applying for a Pell Grant is automatic when you file your Free Application for Federal Student Aid (FAFSA). Filing a FAFSA is necessary for most types of financial aid and it can be done most efficiently online. For additional information, please see the U.S. Department of Education’s website on Federal Pell Grants.

  • Federal Student Loan Programs

    UMA students (and their parents if the student is a dependent) are eligible to apply for Direct Stafford and PLUS Loans. Under the Direct Loan Program, the funds for your loan are offered to you by the U.S. Department of Education.
  • Federal Subsidized Direct Loan

    These are low-interest loans currently offered with repayment at a fixed rate. The interest is “subsidized” or paid by the federal government while the student is in school.

    For each academic year, dependent and independent students may be eligible to borrow up to $3,500 as freshmen, $4,500 as sophomores and $5,500 for all other undergraduate levels. The subsidized loan is need based and eligibility will depend on the federal need analysis of the information supplied on your FAFSA. The actual amount of a Federal Direct subsidized loan will be affected by several factors.

  • Federal Unsubsidized Direct Loan

    Many students eligible to participate in Federal Student Aid qualify for the unsubsidized loan. With the unsubsidized loan, interest is charged to you from the time you use the funding on your ledger card – the government doesn’t pay the interest while you’re in school. The interest may be paid while in school and during the grace period, or may be added to the principal of the loan (capitalized). If additional funds are needed beyond these base amounts, eligible parents of dependent students may borrow through the PLUS program.
  • Stafford Loan Interest Rate Comparison Chart

    Loan Type Borrower Type Loans first disbursed on or after 7/1/20 and before 7/1/21
    Direct Subsidized Loans Undergraduate 4.53%
    Direct Unsubsidized Loans Undergraduate 4.53%
    Direct PLUS Loans Parents and Graduate or Professional Students 7.08%
    For additional information on the Federal Loans please see the U.S. Department of Education’s website on Federal Loans. Call now to set an appointment with a student finance advisor: 888-212-5421 or email us your documents at
Federal Government Links:
Third-party reimbursement links

Net Price Calculator

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at

  • I received my 1098T electronically but I cannot download the form.

    • Ensure you are using Internet Explorer as your browser. Other browsers may not support the download.
    • If you are still having trouble with the download on Explorer, please call ECSI at 866-428-1098 for assistance.

  • How do I locate the tax id # on my 1098T form?

    • The tax id# is listed in one of the top left boxes under the UMA address.

  • I did not request electronic delivery of my 1098T form. When can I expect to receive my documents in the mail?

    • All forms have been mailed. If you have not received your document, please call the Student Finance Department at 877-246-7918.

  • I need assistance with my PIN in order to download my 1098T form. Where can I find this information?

Gainful employment information for diploma programs can be found at and includes information on tuition, loan debt, completion, placement and occupations. For specific program information, consult the UMA Catalog.

Let’s talk about it.

You probably have questions. We definitely have answers.

Complete this form and we’ll email you info on how to get started at UMA, financial aid, selecting the right program, and connecting with other students. We’ll also give you a call to ensure all your questions are answered so you can make the right choice.

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