The Office of Financial Aid & Scholarships book loan process allows for the purchase of your books at the UMBC Bookstore or on the Bookstore’s website. Book loans will be available no later than two weeks prior to the start of classes.
Start Date: January 11, 2016
End Date: February 19, 2016
Students who would like to be considered to receive a book loan for the Spring 2016 semester must complete the application form linked below once available. Please review the eligibility criteria below.
How to Determine If You Are Eligible
If you can answer yes to all of these statements, you are eligible for a book loan:
- I have submitted all requested financial aid documents and they have been processed by the Office of Financial Aid and Scholarships (this includes all loan applications) – I do not have any outstanding To-Do’s in my Alerts on myUMBC
- The amount of all aid I will receive is more than the amount of my bill (I have reviewed my bill on my self-service page of myUMBC)
- I do not have a past due balance from a prior semester and I do not have an account that is currently in Collections
How Much Is My Book Loan
Book loans are awarded based upon your enrollment status OR your refund amount, whichever is less. Use the following chart to determine the maximum amount you can receive in a book loan.
|Undergraduate Credits||Graduate Credits||Max Book Loan Amt (Fall/Spring)||Max Book Loan Amt (Summer)|
|Full-time (12+)||Full-time (9+)||$600||$450|
|Three Quarter-time (9-11.5)||Three Quarter-time (7-8.5)||$450||$338|
|Half-time (6-8.5)||Half-time (6-6.5)||$300||$225|
|Less than half-time (<6)||Less than half-time (<6)||$150||$112|
How the Book Loan Process Works:
To request a book loan, you will apply using the link below once available. Staff will evaluate your eligibility for a book loan and advise you of the amount of approval via UMBC e-mail within two business days.
If you are approved for a book loan, please wait at least two business hours before using your book loan in the UMBC Bookstore, Main Campus, or on the Bookstore’s website.
If purchasing your books in-person, advise the cashier at the Bookstore that you are using a book loan. You must have your red UMBC Campus ID card with you to use the book loan at the UMBC Bookstore, Main Campus.
The charges (up to the approved amount) will be billed to your student billing account. Be sure to monitor your myUMBC account to confirm that the book loan charges have posted. It is your responsibility to use your refund to pay charges incurred to your Student Account if you use a book loan.