Information for Current Undergraduate and Graduate Students

Welcome Back!

Below is a step-by-step tool that will continue to guide you through the financial aid process beginning with the submission of your FAFSA and concluding with the payment of your bill.  We hope that you find the links helpful.  Be sure to visit the rest of our website, as there is additional information that may meet your specific needs.

Getting Started

• Submit the Free Application for Federal Student Aid (FAFSA) online no earlier than January 1 but by February 14 for priority consideration of financial aid.  Include our school code, 002105 and keep your confirmation page for your records..

What's Next?

• Beginning in April you will be sent an electronic notification advising you to view your Financial Aid Package on myUMBC.  Documents that are still needed to complete your file will also be listed.
• You must submit the Authorization to Release Information form if your parent(s) or any other person will be contacting our office concerning your financial aid.
• Estimate your out-of-pocket expenses by comparing your financial aid awards to estimated tuition, fees, room and board charges located under the Cost tab.

Need to Borrow a Loan?

If a combination of your grants, scholarships and personal contributions are not sufficient to cover your costs you may want to apply for a loan. 

If you are a continuing Stafford loan borrower:

• You do not need to reapply for the Stafford Subsidized and/or Unsubsidized Loan(s). Stafford Loans are automatically processed and disbursed to your student account unless you notify our office that you do not want to borrow.

If you have never applied for a Stafford Loan:

• Apply for a loan.  Submit your loan application by the priority date to ensure that your loan funds will arrive at UMBC in a timely manner.
  • Summer session - May 1, 2008
  • Fall semester - June 30, 2008
  • Spring semester - December 14, 2008

If you need to borrow more than your Stafford Loan eligibility allows, view information about addition Loan possibilities.

Final Steps...

• Register for classes via your myUMBC after your registration date has been assigned.
• View your E-bill for a snapshot of your account. For ongoing billing information, view your myUMBC.
• Pay your bill prior to the due date and avoid late fees. UMBC's Late Fee Waiver Policy.

Remember...

• Continue to check your myUMBC for additional email requests, award revisions, and requested documents.