Federal Aid

We understand that attaining grant funding is important to students who are in need of financial assistance. Below are need-based and service-based grants that students may qualify for while attending UMD.

Need-Based Grants

Pell Grant

This need-based grant is available only to undergraduate students without a prior bachelor's degree who demonstrate exceptional financial need according to a federal eligibility formula.

Federal Supplemental Educational Opportunity Grant (SEOG)

  • Pell Grant eligible undergraduate students who have demonstrated financial need as determined by our office. 
  • Complete the FAFSA by January 1st
  • Award amounts may vary based on funding level
  • Must be enrolled full-time

Federal loans need to be repaid, in some cases with interest, after you graduate or leave college. The federal direct loan program, made up of subsidized and unsubsidized loans, is funded through the U.S. Department of Education.

The FAFSA is the only application you need to be considered for federal loans. Be sure to review and finish all requirements to receive funds.  Helpful Hint: The Terp Payment Plan could help you and your family avoid over-borrowing.


Subsidized & Unsubsidized Loans


Graduate PLUS Loan


Loan Limits

YEAR DEPENDENT STUDENTS (EXCEPT STUDENTS WHOSE PARENTS ARE UNABLE TO OBTAIN PLUS LOANS) INDEPENDENT STUDENTS (AND DEPENDENT UNDERGRADUATE STUDENTS WHOSE PARENTS ARE UNABLE TO OBTAIN PLUS LOANS)
First-Year Undergraduate Annual Loan Limit $5,500—No more than $3,500 of this amount may be in subsidized loans. $9,500—No more than $3,500 of this amount may be in subsidized loans.
Second-Year Undergraduate Annual Loan Limit $6,500—No more than $4,500 of this amount may be in subsidized loans. $10,500—No more than $4,500 of this amount may be in subsidized loans.
Third-Year and Beyond  Undergraduate Annual Loan Limit $7,500—No more than $5,500 of this amount may be in subsidized loans. $12,500—No more than $5,500 of this amount may be in subsidized loans.
Graduate or Professional Students Annual Loan Limit Not Applicable (all graduate and professional students are considered independent) $20,500 (unsubsidized only)
Subsidized and Unsubsidized Aggregate Loan Limit $31,000—No more than $23,000 of this amount may be in subsidized loans.

$57,500 for undergraduates—No more than $23,000 of this amount may be in subsidized loans.

$138,500 for graduate or professional students—No more than $65,500 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.

Helpful Hint: UMD students borrow an average of $28,000 over four years. 


Direct Plus Loans for Parents 

Eligibility and Enrollment Requirements

  • Parent PLUS loans are only available to parents, step-parents, and legal guardians of dependent students. Please see this Federal Aid resource for more information.
  • A student, parent or guardian must be U.S. citizen, U.S. permanent resident, or eligible non-citizen as defined by the U.S. Department of Education.
  • A student must enroll for at least six credits in a degree-granting program for each semester in which the PLUS loan will be received.

Loan Limits

  • Parents may borrow up to the student’s yearly estimated cost of education minus all other aid the student is receiving (including other student loans). There is no cumulative borrowing limit.

How to Apply 

  • Please visit the Federal Aid website to apply for a Parent PLUS Loan and sign a promissory note.

Loan Counseling

To complete loan counseling go to the Federal Student Aid’s Entrance and Exit Counseling page. Your results will be automatically sent to UMD.

Undergraduates

If you are borrowing a federal loan, you must complete a counseling session. If you have done loan counseling at another school, you need to do it again for UMD. If you have borrowed federal loans while attending UMD and you will be graduating, withdrawing, or taking a semester off from the university, you must complete an exit counseling session

Graduate Students or Professional Programs

Grad PLUS loans require counseling too! If you are a first-time graduate student or part of a professional program you need to complete counseling before receiving your loan funds. 

TEACH

To receive the TEACH Grant, students must complete a new TEACH counseling session and Agreement to Serve at the beginning of each academic year before they can receive new funds.

The Federal Work Study (FWS) program is available to eligible undergraduate students based on information provided on the FAFSA.


If you do not qualify for Work-Study based on your FAFSA, you can search for other employment opportunities using our Alternative Aid Options page.

Work-Study Program

Eligibility

  • Undergraduate students who have demonstrated financial need as determined by our office and who indicated an interest in Work-Study (FWS) on the FAFSA 
  • Complete the FAFSA by the priority deadline
  • Select 'Yes' to the FWS question on FAFSA
  • Be enrolled at least half-time 
  • Submit an FWS Work Authorization form

Search FWS Jobs