WELCOME
UMBC offers a range of financial aid and payment options so that all students may benefit from a UMBC education. Financial aid can come in the form of grants, work study, student loans, parent loans, scholarships and other awards.
The Office of Financial Aid and Scholarships staff are available to assist you during all regular business hours — Monday through Friday between 8:30 AM and 4:30 PM.
Feel free to browse our Frequently Asked Questions, email, call, or visit our office. All this and more can be found by visiting our contact page!
2025-2026 Financial Aid
The 2025-2026 FAFSA application is currently available for the upcoming academic year. The encouraged deadline to submit your FAFSA for the 2025-2026 academic year is March 1st, 2025.
More information about the 2025-2026 FAFSA release is available here. You can apply for the 2025-2026 FAFSA at studentaid.gov. Please be sure to include UMBC School code 002105 when filling out your application.
Financial Aid Disbursement
We are currently receiving FAFSAs for the 2025-2026 academic year. Incoming freshmen can expect to receive aid packages starting at the end of February, 2025, while returning and transfer students can expect to receive aid packages beginning in the first half of March, 2025*. You will be notified through your myUMBC when your aid package is ready to be viewed and accepted.
*Please note, the time in which you receive your aid package for the upcoming year is based on when we receive your FAFSA, your enrollment, and is done on a rolling basis.
For all disbursements, if your financial aid exceeds the balance due on your account, you may be expecting a refund. Refunds are processed by SBS typically within 1-2 days of disbursement. You can find more information regarding your refund method or the status of a refund with SBS.
You can find a full list of disbursement dates on our calendar below.
If there are any adjustments to your financial aid award, you will receive a notification on myUMBC.
Frequently Asked Questions!
The Office of Financial Aid and Scholarships now has a page dedicated to frequently asked questions! Visit our FAQ Page today to get quick, easy-to-understand answers to the most common questions you have regarding financial aid.
Profile Sharing
The Family Educational Rights and Privacy Act (FERPA) protects the privacy of student education records by limiting the disclosure of such records. Students may grant other individuals access to their account information via the Profile Sharing feature in myUMBC. It is a student’s responsibility to share their profile with anyone they would like to receive information about their financial aid and billing.
Higher Education Emergency Relief Fund – Reporting
Remember…
FAFSA School Name: UMBC
FAFSA School Code: 002105
Financial Aid Processing:
All documents received are logged and linked to your financial aid record. myUMBC Alerts will disappear within two (2) business days of receipt. Processing of financial aid documents may take up to four (4) weeks. You should expect that processing times may approach this limit during high-volume periods, such as the start of each term, add/drop, and admissions deadlines. Please continue to monitor your myUMBC account for correspondence or requests from our office and staff.
Our current processing time is up to four (4) weeks from the date your last required document is received.
To see a list of requirements, view your Alerts via your myUMBC account. >>
UMBC Position on Accessible Technology and Information:
UMBC is committed to creating an accessible and inclusive environment for all students, staff, and visitors. If you have difficulties accessing any of the materials on our site, please contact us so that we can remedy any accessibility challenges or provide an alternative format. We welcome your feedback.