University of Maryland Baltimore (UMB) Financial Aid and Scholarships
Students Receiving Aid
52%
Total Aid Amount
$4.115M
Financial Aid Official Website
www.umaryland.edu/fin/
Students can avail of scholarships provided by the university, such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship, if they find educational expenses to be on the higher side. Notably, a number of students enrolled in University of Maryland, Baltimore opt for some kind of financial aid every year. Also, the total amount of assistance/loans provided adds up to around $3,205,237. And, for the Pell Grant awardees, the average aid amount is $4,294. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.
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