University of Maryland, Baltimore
Student Financial Aid Office

Welcome!  We at the Student Financial Aid Office are committed to helping you obtain the financial assistance to reach your academic goals.  We hope you find the information on our web site useful. 

The financial aid programs of UMB have been developed to help students who have academic potential and limited financial resources.  The programs are specifically directed at helping those students who would not be able to complete their education without this support.

UMB awards more than $60 million in financial assistance to eligible students each year.  Approximately $6 million are awarded through university scholarships/grants and approximately $2.4 million are awarded through university administered loans.  The remainder is awarded through outside aid programs, employment and federal and commercial loans.  These funds assist approximately 70% of UMB's students.

The different types of financial aid offered by UMB include:

Grants
Gift aid, which is based on financial need, that does not have to be repaid.      

Loans
Self-help aid, which are borrowed funds that must be repaid with interest when the student ceases half-time enrollment status.      

Work Study
Self-help aid, which is earned by students who work part-time (average is 10-15 hours per week) and does not need to be repaid.

Scholarships
Gift aid, which is based on high academic achievement, special talent, need or academic program and do not need to be repaid.

Disclaimer:  The Student Financial Aid Office reserves the right to reduce or cancel awards based on funding levels, change in enrollment, reduction in costs, etc.