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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.

News


Fall 2018 Scholars Program Applications Now LIVE!

Scholars Program Applications for 2018 are now live!  Incoming Freshmen for Fall 2018 interested in applying to one of UMBC’s elite programs, may access the online application with their UMBC Campus ID.  Programs include: Center for Women in Technology (CWIT), Cyber (transfers & current students eligible), Humanities, Linehan Artist,  Meyerhoff, Sherman Teacher Education (transfers & graduates eligible) and Sondheim Public Affairs Scholars. For additional information, click here.

Fall 2017 Book Loans

Fall 2017 Book Loans are now available. NEW for Fall 2017: Students enrolled at Shady Grove may apply for book loans. If you are enrolled at Shady Grove, please click here to apply for a book loan.

Fall 2017 Financial Aid Disbursements

Fall 2017 financial aid will apply to bills of full-time (12+ credits) undergraduate students who have a complete financial aid file on August 21st. Direct Stafford Loans will apply to bills of graduate students who are enrolled in a minimum of six (6) credits and have a complete financial aid file on August 21st.  Direct Graduate PLUS Loans will apply to bills of graduate students who are enrolled in a minimum of nine (9) credits and have a complete financial aid file on August 21st. Fall 2017 financial aid will apply to bills of part-time undergraduate and graduate students who have a complete financial aid file on September 19th.

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.  For instructions on how to provide a person access to your financial aid and billing information, please see our Profile Sharing Instructions.

2017-2018 Financial Aid Awards

We are currently making financial aid offers for the 2017-2018 academic year to students with complete financial aid files. As a reminder, all notifications are sent via e-mail to your myUMBC account. Be sure to review your Alerts for any outstanding documents. If your financial aid offer includes a Federal Direct Parent PLUS Loan, you can learn more about this program here.

Important MHEC Update

Beginning with the 2018-2019 academic year, changes to the Maryland Higher Education Commission’s (MHEC) Educational Assistance Grant and Guaranteed Access Grant programs may impact the award amounts that students receive. Learn more about these changes here.

Remember…


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. >>