by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to University of Maryland-Baltimore County can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does UMBC deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from University of Maryland-Baltimore County.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at University of Maryland-Baltimore County, 93% of entering full-time freshmen got some type of financial assistance approximately 1822 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $10,203 |
| Institutional grants & scholarships | 87% | $5,791 |
| Federal Pell grants | 29% | $6,019 |
| State/local grants | 29% | $7,443 |
| Federal student loans | 29% | $5,058 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At UMBC, roughly 67% of undergraduate students received gift aid averaging $10,538 (for some 7060 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $10,538 |
| Federal Pell grants | 30% | $5,809 |
| Federal student loans | 28% | $6,163 |
On-campus students receiving title-IV aid were awarded grants averaging $12,109.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,784 |
| $30,001 – $75,000 | $15,187 |
| Over $75,000 | $26,368 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,467 |
| Off-campus title-IV students | $16,054 |
To get a personalized net price estimate, try UMBC’s online cost calculator: ofas.umbc.edu/netprice/.
Graduating students at UMBC carry a median federal student debt of $15,750 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,750 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at UMBC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,575 |
| 25th percentile | $7,398 |
| 75th percentile | $25,250 |
| 90th percentile (highest-debt students) | $32,526 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,094 |
| Middle income | $15,000 |
| High income | $15,304 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,750 |
| Continuing-generation students | $15,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $20,600 |
The figure below distills the debt data into a single burden category for UMBC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at UMBC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 27954 |
| Total Stafford loan amount | $553,313,956 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 187 |
| Total GI Bill amount | $1,831,071 |
| Average GI Bill amount per recipient | $9,792 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 14 |
| Total DoD amount | $39,758 |
| Average DoD amount per recipient | $2,840 |
References
More about our data sources and methodologies.