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School Code
002104
Office Hours
Weekdays: 8:00a.m. - 5:00p.m.
Address
601 W. Lombard St.
Suite 221
Baltimore, MD 21201
Phone: 410-706-7347
Fax: 410-706-0824
TTY/Voice: 800-735-2258
Student Financial Assistance
aidtalk@umaryland.edu
Financial Education & Wellness
FEWTalk@umaryland.edu
Prospective Nursing Students
Quick Links: Applying | Quick Facts | Budgets | Awards | Typical Award Package | Enrollment
Applying
Prospective students should file a FAFSA as soon as possible after January 1 in order to ensure that all financial aid deadlines are met.
Quick Facts
The following is a list of aid that is available on an annual basis based on the student's individual eligibility and level of funding.
Undergraduate Nursing - *Federal Stafford Loan (Unsubsidized) is available to independent students and certain dependent students.
| Award Name | Award Type | Funding Source | Minimum Award | Maximum Award |
|---|---|---|---|---|
| Federal Pell Grant | Grant | Federal | $555 | $5,550 |
| Federal SEOG | Grant | Federal | $500 | $3,000 |
| University Grant | Grant | Institution | $500 | $4,000 |
| Federal Stafford Loan (Subsidized) | Loan | Federal | $500 | $5,500 |
| Federal Stafford Loan* (Unsubsidized) | Loan | Federal | $500 | $7,000 |
Graduate Nursing (MSN, PhD, DNP, Clinical Nurse Leaders and Nurse Anesthesia)
| Award Name | Award Type | Funding Source | Minimum Award | Maximum Award |
|---|---|---|---|---|
| Federal Stafford Loan (Unsubsidized) | Loan | Federal | $500 | $20,500 |
| Federal Grad PLUS | Loan | Federal | $500 | Cost of Attendance minus all other financial aid received |
Budgets
The budget (cost of attendance) is an estimate of education related expenses for an academic year. It includes direct education expenses such as:
- Tuition
- Mandatory fees
Also included are indirect education expenses such as:
- Books and supplies
- Room and board
- Transportation
- Commuting expense
- Travel
The Student Financial Aid Office does an annual budget adjustment each year. Please note that tuition and fees are projected in this adjustment and that actual costs may change. Refer to the Student Accounting Office or your bill for actual costs. Admitted students may view their budget on SURFS.
Undergraduate/Graduate Nursing - MSN, PhD and DNP - The most common living expense budgets for students:
| Off Campus | Pascault Row | With Parents | |
|---|---|---|---|
| Resident | $19,440 | $14,229 | $8,190 |
| Non Resident | $19,440 | $14,229 | $8,190 |
Graduate - Clinical Nurse Leaders and Nurse Anesthesia - The average living expense budget includes summer, fall and spring:
| Off Campus | Pascault Row | With Parents | |
|---|---|---|---|
| Resident | $25,920 | $18,972 | $10,920 |
| Non Resident | $25,920 | $18,972 | $10,920 |
Awards
All awards are based on each student's individual need as determined by the FAFSA. No award is guaranteed and awards are not automatically renewed from one year to the next. Award dates may be found on the financial aid calendar.
Maryland Residents - Students considered Maryland residents by UMB should apply for Maryland State Scholarships before March 1. More information is available here.
Typical Award Package
Students who file the FAFSA on or before March 1st are given priority award consideration. The following award package is an example of what a student who filed on or before the priority date may expect to be offered:
Undergraduates - Students are strongly encouraged to meet with their financial aid counselor before applying for a private/alternative loan.
Award | Amount |
|---|---|
Subsidized Federal Stafford Loan | $5,500 |
Unsubsidized Federal Stafford Loan | $7,000 |
| Total Awards | $12,500 |
Graduates - Total Awards will not exceed the individual student's cost of attendance.
Award | Amount |
|---|---|
Unsubsidized Federal Stafford Loan | $20,500 |
| Grad PLUS | $15,000 |
Total Awards | $35,500 |
Enrollment
Students are awarded financial aid based on anticipated full time enrollment - 12 credits for undergraduates and 9 credits for graduate programs - in a degree seeking program (students in Certificate program and students that are Course Work Only are not eligible for any Financial Aid). Therefore, please note that some awards may be reduced if the student drops below full time status. Students must remain enrolled at least half time (6 credits or more) in order to receive federal aid.
