by our College Data Analytics TeamThe majority of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to University of Maryland, Baltimore can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can UMB deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from University of Maryland, Baltimore.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 28% of the undergraduate population received grant aid that averaged $8,643 (across approximately 274 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $8,643 |
| Federal Pell grants | 15% | $4,400 |
| Federal student loans | 20% | $7,462 |
A typical borrower at UMB leaves with $15,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $15,000 |
| Typical 10-year monthly payment (graduates) | $159.02/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at UMB.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,357 |
| 25th percentile | $9,279 |
| 75th percentile | $22,750 |
| 90th percentile (highest-debt students) | $25,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,241 |
| Middle income | $15,000 |
| High income | $13,338 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $14,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $19,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UMB.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at UMB:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22532 |
| Total Stafford loan amount | $1,154,280,717 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 195 |
| Total GI Bill amount | $4,669,949 |
| Average GI Bill amount per recipient | $23,948 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 9 |
| Total DoD amount | $33,250 |
| Average DoD amount per recipient | $3,694 |
References
More about our data sources and methodologies.