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.
2016-2017 FAFSA Available Online
The 2016-2017 FAFSA is now available online at fafsa.ed.gov. Apply online by Valentine’s to receive best consideration. Remember to use the correct school name (UMBC) or school code (002105) on your application.
2015-2016 Financial Aid Awards
New! Loan Acceptance
Effective Fall 2015, students will be required to accept or decline the Stafford Loan(s) offered in their aid package. Students should consider using the Cost Calculator to help determine the amount of loan they may want or need to borrow.
UMBC VITA – Free Tax Preparation
Individuals or families who earn $54,000.00 or less qualify for free tax assistance (UMBC affiliation not required). Schedule your free tax appointment at UMBC on Saturdays, 9am – 2pm, from February 27th to April 9th. Sign up online at bmorefreetaxes.org or by phone at 410-234-8008. Visit financialsmarts.umbc.edu to learn more about UMBC’s financial literacy efforts.
Financial Aid Disbursements
Spring 2016 financial aid disbursements will begin on Tuesday, January 19, 2016, for full-time students who have a completed financial aid file. Financial aid disbursements for part-time students with a completed financial aid file will begin after the add/drop enrollment period ends for the Spring 2016 term. Please check your myUMBC account for additional information on the status of your financial aid.