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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


The Office of Financial Aid and Scholarships staff remain available to assist you remotely during all regular business hours — Monday through Friday between 8:30 AM and 4:30 PM.

Our staff are now able to connect with you remotely in more ways than ever. Feel free to browse our Frequently Asked Questions, email us with your general questions, call us on our main phone line, visit us using our Virtual Front Counter or connect with specific staff members to address personal needs. All this and more can be found by visiting our Contact Page.

2021-2022 Financial Aid Offers

Financial aid offers for the upcoming 2021-2022 academic year are currently being made to incoming freshmen, transfer and continuing students.

Incoming freshmen and transfer students should expect to receive their offer within three weeks of admission to the university or receipt of your FAFSA, whichever date is later, and will be sent to your myUMBC email account.

Offers for continuing students are contingent upon having a completed financial aid file – all requests for additional information must be submitted and reviewed prior to an offer being made. As always, please monitor your myUMBC email and alerts and address any outstanding to-dos or requests for additional information as soon as possible.

Summer 2021 Aid Applications Available

Students interested in requesting federal financial aid during the Summer 2021 semester should visit our Summer Aid Page to learn more about the process and submit their applications. The priority deadline is April 12, 2021, which ensures your summer aid is awarded prior to the first billing due date of May 20, 2021. The final deadline is June 21, 2021.

2021-2022 FAFSA Available

October 1, 2020 marked the opening of the 2021-2022 FAFSA. The FAFSA is required for any UMBC student planning to apply for need-based Federal, State or institutional financial aid for the Fall 2021, Winter 2022, Spring 2022 and Summer 2022 semesters.

UMBC’s priority submission date was March 1, 2021. While our priority deadline has passed, it is not too late to complete your FAFSA and be considered for financial aid!

Frequently Asked Questions!

The Office of Financial Aid and Scholarships now has a page dedicated to frequently asked questions! Visit our FAQ Page today to get quick, easy-to-understand answers to the most common questions you have regarding financial aid.

Who Is Your Financial Aid Counselor?

UMBC students who are applying for need-based financial aid are assigned a Financial Aid Counselor who will work with them as they progress through the financial aid process. Financial Aid Counselors can help you with questions about how to apply for financial aid, what documents you need to provide to complete your application, and what to do if your financial circumstances change. Click here to find out who your Counselor is and how to contact them.

 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.

Higher Education Emergency Relief Fund – Reporting

Remember…


FAFSA School Name: UMBC
FAFSA School Code: 002105

Financial Aid Processing:

All documents received are logged and linked to your financial aid record. myUMBC Alerts will disappear within two (2) business days of receipt. Processing of financial aid documents may take up to four (4) weeks. You should expect that processing times may approach this limit during high-volume periods, such as the start of each term, add/drop, and admissions deadlines. Please continue to monitor your myUMBC account for correspondence or requests from our office and staff.

Our current processing time is up to four (4) weeks from the date your last required document is received.

To see a list of requirements, view your Alerts via your myUMBC account. >>

 

UMBC Position on Accessible Technology and Information:

UMBC is committed to creating an accessible and inclusive environment for all students, staff, and visitors. If you have difficulties accessing any of the materials on our site, please contact us so that we can remedy any accessibility challenges or provide an alternative format. We welcome your feedback.