Category: Finance

Money Smart: How your Credit Score affects your life goals

By , April 23, 2013 9:16 am

Give me a Little Credit: How your credit score affects your life goals

April 25, 2013

12:00 – 1:30 pm

iX Theatre, Miller Nichols Library

Bring your lunch to this free informational session and learn from experts:

  • how you earn your credit score
  • how to improve your credit score
  • steps you can take to maintain a good credit score
  • and much more!

Money Smart® is a public awareness campaign designed to help consumers better manage their personal finances.

Check out other Money Smart events taking place around Kansas City.

 

 

Scholarship Opportunity: Share how you value the UMKC Libraries

By , February 1, 2013 9:03 am

Apply by March 11, 2013 for your chance to win a $500 scholarship from the Friends of the Library!

Submit your 500-1000 word original piece written in response to the statement “How UMKC Libraries are a VALUE and why they are VALUABLE to me” for a chance to win a $500 scholarship.

Statements should be submitted electronically no later than March 11, 2013 and should include the following student information:  name, student ID#, e-mail address, street address, phone number, degree program being sought, UMKC department and school, current level/year, and expected graduation date.

Award is available to degree seeking students of any level from any school or discipline, with preference given to those with a cumulative GPA of 3.0 or higher.  Applicants are advised that all materials become the property of the Friends upon submission and may be used in promoting UMKC Libraries.  Winner to be announced April 4, 2013 at the Friends of the Library Annual Celebration.

Financial Aid Opportunities

By , January 29, 2013 8:29 am

UMKC’s priority deadline to complete the 2013-2014 Free Application for Federal Financial Aid (FAFSA) is March 1.  You can still complete it after this date, but keep in mind grants are awarded first to those who have completed the FAFSA by the priority deadline and funds may not be available later on.  Federal workstudy opportunities are also awarded based on your FAFSA, but remember UMKC receives a limited number of allocations–so the earlier you submit your FAFSA, the better!

Estimated federal income tax information may be used to complete the FAFSA if a family’s actual tax forms have not yet been completed. For those who have filed their federal income taxes, a new feature will be available February 3 that allows IRS data to be directly populated into selected FAFSA questions, making the process easier.  Keep in mind that estimated forms may need to be verified, which means you will have to provide the actual tax paperwork to complete the verification process before aid can be awarded.

Currently enrolled UMKC students may apply for competitive institutional scholarships for the 2013-2014 academic year by completing the competitive scholarship application.  It is due, along with 2 letters of recommendation, on March 1.  Other opportunities for scholarships may be found within your department or Academic Unit–be sure to check with your adviser early in the term to ensure you apply before the deadlines.

Taxes: request your 1098-T form and view your W-2 on-line

By , January 29, 2013 8:28 am

Students can view the 1098‐T by following these easy steps:

*  Login to Pathway using your secure SSO and password
*  Select “Self Service” and then “Student Center”
*  Scroll down to the “Finances” selection
*  In the drop‐down box that says “other financial…” click the box and make the selection “Tax Information
*  Click the arrows next to the box to complete the action.

The page that opens has information regarding your 1098‐T for the past several years. You will be able to view financial details for boxes 2, 4, 5 and 6 for each year displayed. Click ”view 1098T” to open the completed tax form.

You can also request that document in person at the Cashier’s Office with a picture ID or by sending a written request via fax or mail.

For more information about any credits or deductions that you might be eligible for, please visit http://www.irs.gov/newsroom/article/0,,id=213044,00.html.

Note:  UMKC does not provide an amount in Box 1.  IRS regulations require that we enter an amount in Box 1 or Box 2; we fill Box 2 due to the ability of students to pay non-educational fees on their student accounts.  Please remember that the amount listed on your 1098-T form may represent an amount other than the amount actually paid in a given tax year.

Do you work on campus?  Are you still waiting for your W-2 in the mail?  If you did not sign-up for electronic delivery of your W-2, the form will be mailed to you approximately the last week of January.  You can access your W-2 on-line starting February 1 by providing your e-consent in myHR.

To get your W-2 electronically next year:  Log in to myHR and navigate to “Self Service” then “Payroll and Compensation” and finally to “W-2/W-2c Consent.”  You will receive notice of your W-2 availability as soon as it is ready–no need to wait until it’s ready to mail!

Finally, don’t forget to fill out the Free Application for Federal Student Aid (FAFSA)–UMKC’s priority deadline is March 1st!

Important Dates – Spring 2013

By , January 22, 2013 8:35 am

Next Monday, January 28th is an important day as far as changing your class schedule goes!  It is the last day to…

  • Change audit to credit
  • Add a class on Pathway
  • Drop a class and receive 100% refund (16-week session) or 60% refund (first 8-week session)

*See the Records and Registration website for a full list of drop dates.

Remember, Financial Aid is awarded based on the number of hours you are enrolled in—so if you drop hours, you could affect your eligibility for financial aid and end up owing back a portion of the aid you may have already received.  Be sure to contact your Financial Aid Coordinator if you have any questions.  The Financial Aid and Scholarships Office can be reached at 816-235-1154.

Continue reading 'Important Dates – Spring 2013'»

Work on campus? Get your W-2 Electronically!

By , December 4, 2012 8:58 am

If you are a student worker on campus, take note!  All employers send W-2 forms to their employees beginning in January.  They are typically sent through the mail.  However, UMKC has begun sending W-2 forms via electronic delivery.  This means that once the data has been calculated, you will be sent an email and will have electronic access to your W-2. Your information will be secure and you will not need to worry about the paper copy being sent to an old address or losing the paper copy!

In order for your W-2 to be sent electronically, you must give your consent via myHR. For specific instructions in giving your consent, click here.

If you choose not to provide consent for the electronic W-2 form, a paper copy will be mailed to you approximately the last week of January.

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