Financial Wellness News – 1/23/23

FAFSA Priority Deadline is Here!

February 1 of each year marks the Priority Deadline for students to submit the Free Application for Federal Student Aid to apply for loans, grant money, and work-study arrangements.

We’ve put together a video that walks you through the process. Click this link to view it.

You can also watch the video on your announcements page in your respective AA, PA, and Med program Canvas Courses. Just look for the Financial Wellness module.

Remember, completing a FAFSA does not mean you have to take out loans. If you are an undergraduate student, you’re eligible for Federal Pell and State grant money. If you’re a graduate or professional, don’t forget about work-study options. Plus, keep in mind that a lot of scholarships require a FAFSA to be on file.

If you have more questions on how to complete the FAFSA, visit this site for a complete overview of the process.

To complete or renew your FAFSA, click here.


►Scholarship Spotlight:

Here are a few internal and external scholarships that are open and featured to apply to!

  1. 2023-2024 UMKC General & SOM Scholarship:
    1. UMKC offers one application for all scholarships. If you are eligible for the supplemental SOM Scholarship, it will automatically pop up after you complete the general application.
    2. Deadline: March 1, 2023
    3. Eligible students: AA, PA, MD, and Years 3-6 BA/MD students.
    4. Hint: if you are a current year 2, you are eligible to apply as you will be a Year 3 in Fall!
  2. Marilyn McGuyre Scholarship
    1. Deadline: April 15
    2. Eligible Students: ALL BA/MD students.
  3. William L. Corporon, M.D. Memorial Scholarship
    1. Deadline: March 15
    2. Eligible Students: Medical Students in 5th or 6th year in Fall 2023
  4. Boone County Medical Society
    1. Two scholarship opportunities
    2. Paper application, see the “What’s Happening” page of the Financial Wellness Canvas Course
  5. AMA Foundation Physicians of Tomorrow:
    1. Deadline: February 28th (ALL documentation!)
    2. Requires a UMKC code to apply. Email Kristian which application you are applying for and have completed. Codes are limited and are first come, first serve.
    3. Learn how to apply here: 2023 AMAF Physicians of Tomorrow Scholarship Interested Applicant Webinar – YouTube

As always, find featured scholarships on the “What’s Happening” page of the SOM Financial Wellness Canvas. View our complete list of external scholarship resources here.


►Get to know Financial Wellness

Finances are personal and unique, especially for medical students committing to schooling longer than the traditional four-year college student. At UMKC School of Medicine, we value your success and tailor financial wellness to your specific experiences. From living on campus to preparing for residency, we’ll be with you to plan every expense every step of the way.

We provide financial wellness events and financial coaching meetings that are 100% student-focused. We can help students navigate student loans, create and stick to a spending plan, discuss using credit and paying debt, and much more. We would love to talk to you about your specific financial situation and goals and empower you to practice healthy money-management habits.

To get started, please reach out to Kristian at to schedule a meeting.


Looking for a centralized location to review financial aid processes, stay up to date on scholarships, and increase your financial literacy? Our  SOM Financial Wellness Canvas is your new money toolkit!

On Canvas, you will find:

  • Financial Aid Overview & how-tos
  • Financial literacy tips and resources
  • Full Financial Wellness event calendars plus recorded events to watch on demand.
  • Schedule a meeting with your Financial Wellness Counselor
  • Ask a personal finance question
  • and more!

All Medical, AA, and PA students have received an invitation to join Canvas. If you can’t find it, enroll here.

If you have questions, please contact your Financial Wellness Counselor: Kristian Brennon at


►Upcoming Events:

(RSVP through the Financial Wellness Center on RooGroups)

February 7th @ 12 pm – SOM: Applying for Scholarships

SOM Students will learn best practices for completing scholarship applications, be introduced to resources, and walk through the UMKC Competitive and SOM application processes. Located on ZOOM.

March 23rd @ 5 pm – Money Moves for Residency

Calling all Year 6 students! In this event, we will review student loan repayment, employee benefits, home loans for physicians, and money management tips to ensure the transition to residency is financially smooth! We will have a mortgage lender from FNBO as one of our speakers and dinner will be provided!