Funding Your Education

We give you the best of what private institutions might offer–highly respected professors and world-class research opportunities–without the hefty price tag.

Invest in Yourself

Kiplinger’s Personal Finance, Forbes, Business First, and Money have all recognized UMBC as a “Best Value College”

UMBC Students walk down a path across campus with the sun shining through autumn trees.

How Much Will it Cost?

Knowing how much your education will cost is an important step in deciding where to go. We strive to give you the info and resources you need to know so you can figure out how much it will cost and how to pay for it.

Let’s start with how much it will cost:

FAQs About Funding

Get easy-to-understand answers to some of the most commonly asked financial aid questions.


We offer a wide range of merit scholarships

How to Make it Cost Less

We offer a range of financial aid and payment options so that all students may benefit from a UMBC education.

Grants and Loans

A grant is a type of gift aid that does not require repayment. Loans are awarded after your eligibility for grants, scholarships, federal work study, and other awarded aid is considered.

Merit Scholarships

We offers a range of general merit scholarships to in-state, out-of-state, undocumented, DACA, and international students. Scholarships range from $1,000 to $12,000. To qualify for general scholarship review, students must first be admitted to the University.

Federal Work-Study

Federal Work-Study is awarded to undergraduate students who demonstrate financial need. The award ranges from $2,000 to $3,200 per year and priority is given to students who meet the FAFSA priority application deadline of March 1st.

Scholars Programs

Seven competitive programs combine financial awards with special opportunities for advanced research, unique seminars, directed internships, study abroad and more. Scholarships range from $5,000 to $22,000 per year.

Athletic Scholarships

As an NCAA Division I campus, we offer athletic scholarships in all 17 sports programs through recruitment.

Other Scholarships

Additional scholarship opportunities for incoming, transfer, and current students can be found in Scholarship Retriever.

US News Best Value Schools 2024

Talk With an Expert

Find your Financial Aid Counselor–they’re conveniently assigned according to the first letter of your last name.

Financial Aid Events & Deadlines

Important Deadlines

Financial Aid

Fall Enrollment

Free Application for Federal Student Aid (FAFSA) Due

Spring Enrollment

Free Application for Federal Student Aid (FAFSA) Due