What Amount of Financial Aid is Offered?
$15,235 is the usual University of Maryland - Baltimore County's freshman financial aid plan. Approximately 82.0% 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.
77.0% of first year students (1,359 total) were offered scholarships at University of Maryland - Baltimore County, averaging $6,127 a piece. This puts it in the top 40th percentile of all schools in the nation.
440 first year students got federal grant aid. A total of 25.0% of UMBC first years obtained grants around $5,192 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 110k +||16.0%||$465|
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 $9,231
Of the 11,234 undergraduates at University of Maryland - Baltimore County around 53.0% (5,938 total) receive some form of grant aid. The standard amount awarded was $9,231.
Financial Aid Links from University of Maryland - Baltimore County
|Financial Aid Department Website||financialaid.umbc.edu/|
|Net Price Calculator||ofas.umbc.edu/netprice/|
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