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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.

For more details, select your student status under the “Information For” menu above.

News


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.

2017-2018 Scholars Program Applications Live!

UMBC’s elite Scholars Programs Application deadline for Fall 2017 is January 15, 2017 11:59 PM EST Incoming Fall 2017 Freshman are eligible to apply to the Center for Women in Technology (CWIT) Scholars, Cyber Scholars, Humanities Scholars, Linehan Artist Scholars, Meyerhoff Scholars, Sherman Teacher Education Scholars and Sondheim Public Affairs Scholars. For more information, click here.

Are you a counselor or teacher completing a Recommendation Letter?  Complete the Recommendation Form and submit online here.

 

Fall 2016 Scholarship Discontinuation Appeals

The Merit Scholarship Unit will review scholars’ academic standing from fall 2016 academic transcripts in early January.  Recipients failing to meet these requirements will be notified by e-mail and mail of their award discontinuation.  (First-semester freshmen are granted an automatic “warning” period if they fail to meet their terms). Scholars interested in appealing their discontinuation with extenuating circumstances may submit a Scholarship Discontinuation AppealAppeal Forms will only be accepted between January 10 – 25 , 2017

Spring 2017

Satisfactory Academic Progress Appeals for the Spring semester are due January 6, 2017. For more information, please visit the SAP Appeals website.

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.

Book Loans

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.

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. >>