Prospective Students
| Typical Award Package | |
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
| Award Name | Award Type | Funding Source | Minimum Award | Maximum Award |
| Federal Pell Grant | Grant | Federal | $523 | $4,731 |
| Federal SEOG | Grant | Federal | $500 | $3,000 |
| University Grant | Grant | Institution | $500 | $1,000 |
| Federal Stafford Loan (Subsidized) | Loan | Federal | $500 | $5,500 |
| Federal Stafford Loan* (Unsubsidized) | Loan | Federal | $500 | $5,000 |
*Federal Stafford Loan (Unsubsidized) is available to independent students and certain dependent students.
Graduate Nursing (MSN, PhD, DNP, Clinical Nurse Leaders and Nurse Anesthesia
| Award Name | Award Type | Funding Source | Minimum Award | Maximum Award |
| Federal Stafford Loan (Subsidized) | Loan | Federal | $500 | $8,500 |
| Federal Stafford Loan (Unsubsidized) | Loan | Federal | $500 | $12,000 |
| 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 SimsWeb .
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 |
| NonResident | $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 |
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
Award | Amount |
Subsidized Federal Stafford Loan | $5,500 |
Unsubsidized Federal Stafford Loan | $5,000 |
Nursing Loan | $4,000 |
University Grant | $3,000 |
| Total Awards | $17,500 |
Students are strongly encouraged to meet with their financial aid counselor before applying for a private/alternative loan.
Graduates
Award | Amount |
Subsidized Federal Stafford Loan | $8,500 |
Unsubsidized Federal Stafford Loan | $12,000 |
| Grad PLUS | $15,000 |
Total Awards | $35,500 |
Total Awards will not exceed the individual student's cost of attendance.
Enrollment
Students are awarded financial aid based on anticipated full time enrollment - 12 credits for undergraduates and 9 credits for graduate programs. 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.
School Code: 002104
- All students must have a Financial Aid E-mail address in SURFS. Please log on to SURFS and follow the instructions for adding an e-mail address.
Student Financial Assistance & Education
Address:
601 West Lombard Street Suite 221
Baltimore, MD 21201
Phone: (410)706-7347
Fax: (410)706-0824
TTY/Voice: (800)735-2258
Email:
aidtalk@umaryland.edu
Office Hours:
M - F (8:00am - 6:00pm)
Financial Education & Wellness
Phone: 410-706-4450
Email:
FEWTalk@umaryland.edu