Financial Aid FAQs

Financial aid helps students and their families pay for college. Some financial aid will need to be paid back and some does not need to be paid back. Loans, scholarships, grants and work-study are all types of financial aid. Financial aid can come from the university, the state government, the federal government or private sources. 

Financial aid covers costs of education including tuition and university fees, room and meal plans, books and supplies, personal expenses and transportation costs. 

Everyone should complete the Free Application for Student Financial Aid (FAFSA). 

We recommend that everyone complete a FAFSA before their first year of school.The FAFSA takes many factors into consideration including household size, number in college, assets and more. The FAFSA is used for types of aid unrelated to need such as scholarships.

Unless you are a U.S. Permanent Resident or granted political refugee status by the U.S. Citizenship and Immigration Services (USCIS), you are not eligible. 
*Helpful Hint: You may be eligible for funds from your department, especially if you are a graduate student.

For more detailed information see our International Students page.

Unless you are a U.S. Permanent Resident or granted political refugee status by the U.S. Citizenship and Immigration Services (USCIS), you are not eligible. The University of Maryland is committed to creating a welcoming and inclusive environment for all students, including undocumented students. For more detailed information and assistance see UMD’s Undocumented Students Resources page. 

*Helpful Hint: You may be eligible for funds from your department, especially if you are a graduate student

The University of Maryland only uses the FAFSA; by completing the FAFSA, you will be automatically considered for Federal, University and State (MD residents) aid such as scholarships, grants, loans and work-study.

You must submit a FAFSA to receive financial aid from University of Maryland. Private scholarships, grants, and loans will have their own processes but some may also require you to submit the FAFSA.

MD residents: To be eligible for many state aid programs, you must submit a FAFSA listing a Maryland school by March 1st. For more information, visit the Maryland Higher Education Commission.

Financial aid packages are made up of any aid or award you may get. Financial aid packages can include grants, scholarships, loans, and work-study.

Yes, reapply each year. The FAFSA is available starting Oct 1st of the year before your enrollment.