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UNIVERSITY OF MARYLAND, BALTIMORE

SCHOOL CODE:  002104-00





Stafford Loan

The University participates in the FFELP (Federal Family Education Loan Program).  Because of this, all students who accept and wish to receive Stafford loan funds must choose a lender approved by the Department of Education for the FFELP in order for their funds to be processed. 

If you have prior Stafford Loans under the FFELP, and have already established a relationship with a participating lender (or servicer), you are strongly encouraged to remain with that lender.  If you have prior Stafford loans and do not remember your prior lender/servicer, you can access this information at www.nslds.ed.gov.  You must know your FAFSA PIN number to access your information.   If you have NO prior Stafford Loans, it is in your best interest to choose a full service lender who will service your loans from start to finish, for the life of your loans. 

To be considered for a Federal Stafford Loan the student must meet the following conditions:

  • Student must be enrolled at least ½ time in a program leading to a degree
  • Student must have completed a FAFSA
  • If awarded a subsidized Federal Stafford Loan a student must demonstrate financial need

The Federal Stafford Loan has the following limits available for students as of July 1, 2007:

Undergraduate Students:

Subsidized

Unsubsidized

Year 3

$5,500

$5,000

Year 4

$5,500

$5,000

Year 5

$5,500

$7,000

Graduate Students/Professional Students:  Law – Social Work – Physical Therapy – Pharmacy – MPH- MS – PhD – Post Doc. Dental

Subsidized

Unsubsidized

Year 1

$8,500

$12,000

Year 2

$8,500

$12,000

Year 3

$8,500

$12,000

Year 4

$8,500

$12,000

Professional Students:  Medicine –M.D. degree – Dentistry – DDS

Subsidized

Unsubsidized

Year 1

$8,500

$32,000

Year 2

$8,500

$32,000

Year 3

$8,500

$32,000

Year 4

$8,500

$32,000

           

    
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SCHOOL CODE: 002104
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Baltimore, MD 21201

(410) 706-7347
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