What UMBC Fin Aid Are You Eligible For?
The sum total of attendance at UMBC can appear overwhelming, but remember that the majority of students get some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Keep scrolling to learn how much financial aid could be available to you.
What Amount of Financial Aid is Offered?
$15,792 is the usual University of Maryland - Baltimore County's freshman financial aid plan. Approximately 81.0% of new students get some type of financial aid, the majority of which is scholarships and grants.
Financial aid helps reduce the cost, or the full retail price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
Worried about the student loans that may be included in your financial aid plan? Find the average amount of debt per student at UMBC.
How Much Aid Is Available in Scholarships & Grants?
The stats below refer to aid that is given by University of Maryland - Baltimore County.
76.0% of first year students (1,352 total) were offered scholarships at University of Maryland - Baltimore County, averaging $6,276 a piece. This puts it in the top 40th percentile of all schools in the nation.
447 first year students got federal grant aid. A total of 25.0% of UMBC first years obtained grants around $5,310 each recipient.
The graph below shows the average amount of scholarship and grant aid given to all freshmen.
Scholarships are merit-based, while grants are need based.
Financial Aid per Family Income
The next table demonstrates grant and scholarship distributions by income level for first year students getting any form of federal Title IV assistance, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 11.4% | $14,061 |
Income 30k-48k | 6.6% | $12,276 |
Income 48k-75k | 7.3% | $4,267 |
Income 75k-110k | 8.1% | $959 |
Income 110k + | 16.0% | $352 |
The table above shows students who are obtaining Title IV aid which is federal aid from the government including loans, grants or work-study. Learn more.
Scholarships & Grants for All Students Average $9,308
Of the 11,260 undergraduates at University of Maryland - Baltimore County around 55.0% (6,142 total) receive some form of grant aid. The standard amount awarded was $9,308.
Visit the Tuition and Fees page or the Cost Per Credit Hour page for details.
Financial Aid Links from University of Maryland - Baltimore County
Financial Aid Department Website | financialaid.umbc.edu/ |
Net Price Calculator | ofas.umbc.edu/netprice/ |