by our College Data Analytics TeamMany students attending University of Baltimore can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Discover the financial aid possibilities at UB and learn what assistance you might qualify for by continuing to read.
University of Baltimore average financial aid offer for freshmen students is $6,306.00. Financial aid is provided to about 93% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of Baltimore.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by University of Baltimore.
78% of incoming freshmen (31 total) were given scholarships at University of Baltimore, averaging $3,339.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 43% of freshmen (17 total) received a federal grant, for about $5,225.00 a person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.50% | $9,734.00 |
| Income 30k-48k | 5.00% | $7,945.00 |
| Income 48k-75k | 12.50% | $6,836.00 |
| Income 75k-110k | 12.50% | $4,650.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
93% of the 40 undergraduates at University of Baltimore receive some sort of grant aid. This is a total of about 35 students getting an average of $6,306.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
