Returning Students

Tuition
Find the cost of your tuition and fees at the Office of Student Accounting.

Applying
More information about the application process can be found here.

Award Notification
Official award notification is sent to returning students via their UMB Campus Email and to new students via the email address listed on the FAFSA.

 Award Acceptance
Students must view and accept or decline all awards on SimsWeb.  More information and step by step instructions can be found here .

Disbursement
Financial aid awards are disbursed approximately ten days prior to the beginning of each academic term (with the exception of work study, which is paid biweekly).  A financial aid calendar, including disbursement dates, can be found here .

Grants, scholarships and institutional loan funds are credited to the student's account for tuition and fees before Federal Stafford Loan funds during disbursement.  Any grant, scholarship or institutional loan funds in excess of tuition and fees are mailed to the student.  Also, any grant, scholarship or institutional loan accepted by a student with a zero balance after all initial disbursement will be mailed.  A mailed refund typically reaches the student four weeks after the date of disbursement.

Federal Stafford and private/alternative loan funds are sent to the Student Accounting Office by electronic funds transfer (eft).  The student's account will be credited for tuition and fees and any remaining amount will be available as a refund check.  The refund check may be picked up 24-48 hours after disbursement at the Student Accounting Office. 

Please note if the student chose a lender who does not utilize eft, the student must sign the paper check when it arrives at the Student Accounting Office.  A paper check will have a 24 hour processing time before the student may then pick up the refund.

Tuition  Refunds
Students who drop credits, withdraw from UMB or whose classification is changed to Maryland resident status for tuition purposes may be entitled to a refund of tuition and fees for the semester.  The Office of the Registrar has Registration Refund Policies available online .  If financial aid has been credited or disbursed to a student who drops credits or withdraws, it may be required that part of all of the refund(s) be returned to the lender.  For more information, see withdrawal below.

Withdrawal
Students receiving financial aid who drop credits or withdraw form UMB should contact the Student Financial Aid Office.

Federal regulations require that a percentage of Federal Title IV financial aid funds be returned as repayment for non-completion of the semester.  Therefore, if a student withdraws from UMB before 60% of the semester has been completed, he/she will have his/her financial aid recalculated based on the date of withdrawal.  The Student Accounting Office will calculate the amount of funds to be returned based on the Department of Education's repayment formula.