FINANCIAL AID AND VETERANS AFFAIRS

Office of Financial Aid and Scholarships
410-455-2387 (phone)/410-455-1094 (fax)
Email: finaid@umbc.edu
Website: http://www.umbc.edu/financialaid

Office of Veterans Affairs
410-455-1367 (phone)/410-455-1094 (fax)
Email: veterans@umbc.edu
Website: http://www.umbc.edu/financialaid/veterans

Hours of Operation
Monday-Friday, 8:30 a.m. - 4:30 p.m.

FAFSA APPLICATION AND AWARDING PROCEDURES

Students who wish to be considered for maximum eligibility of need-based aid must submit their Free Application for Federal Student Aid (FAFSA) online listing UMBC's Federal School Code, 002105. The priority application deadline is February 14 for the next academic year. The link to the FAFSA application is available through the Office of Financial Aid and Scholarships website at www.umbc.edu/financialaid. Upon receipt of the FAFSA results, an estimated financial aid package for the upcoming year is e-mailed to students via their myUMBC account. Students who wish to apply for a federal Stafford Loan or parents who wish to apply for a federal PLUS Loan may do so also via our website at www.umbc.edu/financialaid. Simply click on “Apply here for a loan online” and follow the application instructions using our preferred lenders. Our office’s priority filing date is June 30.

TIMELY PROCESSING OF APPLICATIONS

UMBC's Office of Financial Aid and Scholarships processes aid based on the FAFSA application and registration criteria. Students who wish to benefit from priority processing should submit a valid FAFSA by February 14 each year and register during UMBC's "advanced registration" period each semester. In addition, all electronic loan applications should be submitted online by the priority processing deadline of June 30. Students who complete the financial aid process after these recommended deadlines will be processed in the order in which the applications are received.

ENROLLMENT REQUIREMENTS

Many financial aid programs award students based on the assumption of full-time enrollment. Students who plan to enroll less than full-time should provide written notification to the Office of Financial Aid and Scholarships via the “Written Request Form” located on our website at www.umbc.edu/financialaid under the “Forms” section.

Financial aid awards are finalized based on enrollment status as of the last day of late registration. This includes independent study and internship credits. Students who are considering a withdrawal from the university or dropping classes should consult with a financial aid counselor to discuss the impact on financial aid. Classes added after the last day of the add/drop period are not considered in the final enrollment status for financial aid.

Audited courses are not considered in the credit count toward enrollment status, and cannot be considered for financial aid.

SATISFACTORY ACADEMIC PROGRESS STANDARDS

In order to receive Federal Title IV Financial Aid, students are required to maintain satisfactory academic progress toward the degree for which they are enrolled. UMBC's requirements conform to federal regulations. The complete Satisfactory Academic Progress Standards policy can be found in the most recent UMBC Undergraduate Catalog or at the Office of Financial Aid & Scholarships website, www.umbc.edu/financialaid/forms/sat_progress.pdf.

WITHDRAWAL FROM CLASSES

Refer to the "Title IV Federal Financial Aid Students" section under FINANCES for financial aid implications or inquire at the Office of Financial Aid and Scholarships.

VETERANS AFFAIRS

A student planning to apply for veterans benefits should contact the Veterans Affairs Office located within the UMBC Office of Financial Aid and Scholarships. Our VA counselor will be happy to assist students with any questions. In addition, please visit our website at www.umbc.edu/financialaid/veterans.html for additional information.

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