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We know that after academics, financing your education is a top priority. That is why we have outlined a few details that you should understand to ensure that you have some sort of financial aid while attending the University of Maryland. Be sure you take action as quickly as possible because often money is given out on a first-come, first-served basis. Please visit www.financialaid.umd.edu for more information. Remember: always follow up on all of your university matters, especially financial aid. Don’t assume that it will get done.
Tuition and Fees (estimated)
Full-time undergraduate students
$3, 984.25/semester for resident students
$11, 103.75/semester for non-resident students
Part-time undergraduate students
$593.25/credit hour per semester for resident students
$1187.25/credit hour per semester for non-resident students
Types of Money Available-
Student Loans (need and non-need based)
Parent Loans
Need Based Grants
Scholarships
Federal Work Study
Returning Student Scholarships (through the Counseling Center’s Returning Student Center—25 years old or older)
If you want to be considered for Financial Aid, remember to do the following and keep these deadlines in mind:
1. Complete a Free Application for Federal Student Aid (FAFSA).
For priority consideration, the FAFSA processor must have received your FAFSA by February 15. The FAFSA can be submitted online at www.fafsa.ed.gov. The University of Maryland's school code is 002103.
Maryland Residents may apply for aid from the Maryland State Scholarship Administration by listing a Maryland school on the FAFSA and by mailing the FAFSA by March 1. For more information about state aid, please utilize MSSA's web site, www.mhec.state.md.us/.
2. Search and apply for private scholarships at www.financialaid.umd.edu
3. Review your Student Aid Report.
Four to six weeks after you submit your FAFSA,
the federal processor will send you a Student
Aid Report, which is a summary of your FAFSA
data. Verify all the information on the report;
if corrections are needed, you may do so online
at www.fafsa.ed.govor mail a corrected report
back tothe federal processor. If you need
assistance with corrections, please contact the
university’s financial aid office at 301.314.9000.
Keep the corrected report for your records, but
please do not send it toMaryland—the FAFSA
processor will send your information to the
financial aid office electronically. If your report
states that you havebeen selected for “federal
verification,” do not send your tax forms to the
university at this time. The university has a
separate verification process and does not
participate in the federal verification program.
Maryland’s forms can be found at www.finan-
cialaid.umd.edu/OSFA/PFORMS/index.html.
4. Await notification from the Office of Student Financial Aid. Once the Admissions Office has determined your transferable credits, the Financial Aid office can determine what aid is available for you. For loans, this aid is determined by your credit hours. The credit breakdowns are as follows:
Credit hours earned |
Loan Aid Eligibility |
0-29 hours |
$3,500 |
30-59 hours |
$4,500 |
60+ hours |
$5,500 |
The FAFSA processor will send us your information electronically. We will review your FAFSA data, and if necessary, request additional documentation (i.e. tax forms) to verify your information. Please make certain that you provide the student's name and social security number, as well as all required signatures, on all documents.
Once we receive and evaluate all documentation, we will notify you of your financial aid award. Your notification will include an award letter and instructions on applying for student loans.
If you have any questions about the application process, please contact the Office of Student Financial Aid at umfinaid@umd.edu or by phone, 301.314.9000, Toll Free 1.888.313.2404.

Returning Students
Returning students are students who are 25 years or older returning to school after a break. The Learning Assistance Services office offers scholarships for these students. Please visit www.counseling.umd.edu/LAS, click on Programs for more information.
University Bill Pay
To view your billing information or to pay for any of your tuition or fees, visit www.umd.edu/bursar. At this site you can choose to view your billing information, set up a Terp Payment Plan, pay your bill, learn about tuition and fees, dispute bills and more. The main website looks like the screen below. Visit this website and click on the red box called Online Billing (inset) to set up electronic billing and payment. This service allows you to receive email notifications of your billing statements. NOTICE: All students must sign up for e-billing. Starting Spring 2008, no students will receive paper bills.
Go to Step 6
Back to Terp Transfer Homepage
Please
contact the Orientation Office at 301-314-8217 or at askorientation@umd.edu if you
have any comments, questions or concerns. |