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The University of Maryland aims for excellence in all things. We are committed to providing students from all backgrounds with pathways to accessible and affordable education by opening doors for talent and promise.


The University of Maryland has launched a new investment in need-based financial aid, the Terrapin Commitment program, which will provide up to $20 million annually for students from the state of Maryland.

The goal of the Terrapin Commitment program is to reduce the gap between a student’s total financial aid package and the cost of an education. The program began in January 2023 ensuring that tuition and fees are fully covered for Pell eligible, in-state students who are enrolled full-time and have unmet financial need. Learn more>> 

Your FinAid account is where you can check the status of any aid and/or offers, find disbursement information and learn more about entrance and exit counseling. 

Check out these popular FAQs to get answers to your financial aid and billing questions:


Understanding the financial aid process is critical in setting realistic expectations. We are committed to providing you with helpful information and resources that can assist in making your investment in a UMD education affordable.

Types of aid can be classified as either need-based, meaning you and your family are not able to cover educational expenses,  or non-need based, which generally refers to aid you receive based on merit or qualification. 

Convenient Resources

Stay on track by taking advantage of these convenient resources:

The 2024-25 Free Application for Federal Student Aid (FAFSA) is available. The University of Maryland, College Park school code is 002103. For an overview of the process, please watch this 2024-2025 FAFSA Walkthrough Video.

In response to the coronavirus pandemic, the Higher Education Emergency Relief Fund was created to provide universities with funds for emergency financial aid grants. Learn more about the UMD Emergency Financial Aid Grant, the UMD Student COVID Relief Grant or the UMD Student COVID Relief Grant II.