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Financial Aid

Students at graduation

Our mission is to assist every UMB student in securing the necessary funding to finance their education. We believe in the importance of developing a solid spending plan and making informed decisions before borrowing money for educational costs. Our financial aid programs are designed to support students with academic potential who face financial constraints, ensuring they can complete their education. With around 80% of UMB students receiving assistance through our office, we process approximately $194 million annually from various sources, including institutional grants, scholarships, loans, state aid, and federal programs. Aid packages are based on financial need, determined by FAFSA data and program costs.

Federal School Code: 002104

Disbursement Freeze

Due to the State of Maryland’s processing schedule for the fiscal year close-out period, there will be a mandatory freeze on all disbursements from June 23, 2025 through July 1, 2025. This disbursement pause may impact students enrolled for Summer 2025 and students in programs with early Fall start dates (prior to July). Students enrolled in summer or early fall programs who have loans processed after June 20, 2025 or complete loan requirements after this date will not receive their disbursements until after July 1, 2025. Students with a late July or August start date will not be impacted.

Commonly Visited Pages

  • Applying for Financial Aid

    How to file the FAFSA each year, who is eligible, important deadlines, how to file, and what documents are needed.

     

  • Accepting Aid

    Accept/decline awards, check for outstanding requirements

     

  • Student Right to Know

    The  Student Right to Know section provides important consumer information about Title IV aid and compliance.  

     

  • Federal Loans

    Explore the Federal Direct Loan Program page to access essential information on various federal loan options available to students pursuing higher education.

     

     

  • Scholarships and Grants

    A number of scholarships opportunities are available to students who demonstrate a strong ability to succeed through their academic achievements, community leadership, and service.

     

  • Work Study

    The federal government funds Federal Work-Study Employment. It gives eligible students the chance to work on or off campus and earn money as an alternative to taking on loan debt. 

     

Contact

Office of Student Financial Assistance

601 W. Lombard Street
Suite 221
Baltimore, MD 21201

410-706-7347 TTY: 800-735-2258 Fax: 410-706-0824 aidtalk@umaryland.edu

Federal School Code:  002104

Hours: 8:00 a.m. – 4:30 p.m.
Monday – Friday

Schedule an appointment with your dedicated financial aid counselor.

Related Information

Office of the Registrar Student Financial Services

The University of Maryland, Baltimore is the founding campus of the University System of Maryland.

620 W. Lexington St., Baltimore, MD
21201 | 410-706-3100

The University of Maryland, Baltimore prohibits sex discrimination in any education program or activity that it operates. Individuals may report concerns or questions to the Title IX Coordinator. Read the UMB Notice of Non-Discrimination.
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