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, student loans, parent loans, scholarships and other awards.
For more details, select your student status under the “Information For” menu above.
Fall 2017 Merit Scholarship Agreement
Having trouble accessing your Merit Scholarship Agreement? Please be sure to Upgrade your MyUMBC Account and allow 24 hours before viewing your agreement online. Step-by-Step Instructions are available in your offer packet and online here.
2017-2018 Financial Aid
The Free Application for Federal Student Aid, or FAFSA, is changing beginning with the 2017-2018 award year. Beginning October 1, 2016, you can complete the 2017-2018 FAFSA. The income used on the 2017-2018 FAFSA will be from two years prior to the application year. For the 2017-2018 FAFSA, you will be able to use your 2015 tax information. The UMBC priority deadline will not be changing- February 14. For more information about these changes, check out our FAQs.
Students who are expecting to receive a refund from their Spring financial aid package may be eligible to purchase their textbooks at the UMBC Bookstore. Visit the Book Loan section of our webpage for more information.
Billing and Financial Aid Payments
Awarding for Spring 2017 has begun. Please check your myUMBC for any outstanding To Dos. All communication and award letters are sent electronically.
Spring 2017 Financial Aid disbursements will be begin January 24, 2017 for undergraduate students enrolled in at least 12 credits and graduate students enrolled in at least 6 credits who have a completed financial aid file.
Spring 2017 financial aid disbursements will begin after the add/drop period ends for undergraduate students who are enrolled in less than 12 credits. Graduate students must be enrolled in at least 6 credits to be eligible for a Stafford Loan.
Students who have been billed with a January 20th due date are only responsible for paying the different between their balance and pending financial aid, if any. Students will not receive a late fee on the portion of their balance that will be covered by pending financial aid. Financial aid is considered pending only if the aid is visible on the Financial Aid Inquiry screen of your myUMBC.
FAFSA School Name: UMBC
FAFSA School Code: 002105
Financial Aid Processing
Our current processing time is up to 4 weeks from the date your last required document is received.
To see a list of requirements, view your Alerts via your myUMBC account. >>