Welcome to UMBC!
Office of Financial Aid & Scholarships
www.financialaid.umbc.edu
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Information For
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New Students (Freshmen & Transfers)
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Current Students
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Parents and Families
How do I apply for need-based
financial aid?
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Must complete a Free Application for Federal Student Aid
(FAFSA) every year you want to apply for need-based
financial aid.
Priority Deadline for 2017-2018 was February 14, 2017.
If you haven’t submitted a FAFSA for the up coming
academic year, it’s not too late! File today!
Priority Deadline for 2018-2019 is February 14, 2018.
Do I have to reapply for needbased financial aid next year?
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YES! YES! YES! You must apply every year.
Families will be able to complete the 2018-2019 FAFSA
beginning October 1, 2017.
The Priority Deadline to complete the 2018-2019 FAFSA
is February 14, 2018.
The 2018-2019 FAFSA will be completed using 2016 tax
year income.
I was offered financial aid.
Now what?
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Upgrade your myUMBC account.
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Review and accept your financial aid package.
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All correspondence is sent via email to the
UMBC email account.
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Visit our website: www.financialaid.umbc.edu
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“Check My Status” under “Quick Links”
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View/accept your financial aid
View your Alerts/To-Do’s
www.financialaid.umbc.edu
Accessing your financial aid award
Accessing your financial aid award
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Step 1: Log into myUMBC
Step 2: Click on Topics
Billing and
Personal Finances
Accessing your financial aid award
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Step 3: Click on Financial Aid Inquiry
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You can access forms as well as “To Do’s”
Accessing your financial aid award
Step 4: Select the correct Financial Aid Year
Accessing your financial aid award
Your “To Do’s” (if any) will be displayed first
Accessing your financial aid award
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Your awards will be displayed next
Financial aid assumptions
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Please note that your initial financial aid
package is based on the following assumptions:
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Full-time enrollment (12 credits or more per
semester).
Housing status as reported on the FAFSA (e.g.
on-campus, off-campus, or with parent).
Offers the maximum student loan amount for
which you are eligible.
Parent PLUS Loan offers also reflect the
maximum amount for which a parent borrower is
eligible.
Accepting your loans
How to accept your loans
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Click on Accept/Decline Awards
Accessing your shopping sheet
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Click “View Your Shopping Sheet”
Access Your Shopping Sheet
Anything else?
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Notify us if you are receiving additional
awards/scholarships from outside UMBC.
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Estimate your out-of-pocket expenses.
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Exception: MD State Scholarships
Use the interactive Cost Calculators on our
website to determine how much you may need.
Apply for additional loan funding if needed.
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Visit our Loans page for priority filing dates and
instructions to apply for student and Parent PLUS
loans (if necessary)
What other aid options are out there?
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Scholarship Retriever
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Civic or professional associations
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Searchable database that lists scholarships departments and outside
organizations have listed as being available to UMBC students.
If your parents belong to any civic organizations, check to see if they
offer any scholarships. Also check with your employer, your church and
other local organizations to see if they offer scholarships.
Maryland Residents:
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If you have not already done so and are a Maryland resident, contact
your Maryland senator and three state delegates for your legislative
district to see if you can be considered for one of their scholarships.
Protecting access to student information
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Family Educational Rights and
Privacy Act (FERPA)
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FERPA is a Federal law designed to protect
students’ educational records. This applies to
all university related records, including
financial aid and billing.
Profile Sharing
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You (the student) can grant (and/or revoke)
access to other people to view your information
via myUMBC, including parents and other
relatives
How do I share my Profile?
How do I share my Profile?
How do I share my Profile?
Financial Smarts @ UMBC
Financial Smarts @UMBC
What if I have more questions later?
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Contact Us!
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Every student has a Financial Aid Counselor.
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Call/email or schedule an appointment to
come in for a one-on-one meeting.
 OFAS is open Monday – Friday from 8:30AM
until 4:30PM. All Summer.
http://financialaid.umbc.edu/contact/
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Assigned by the first letter of your last name
Final Reminders
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Profile Sharing
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myUMBC
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Students must have provided authorization through Profile Sharing
in order for OFAS and/or SBS to discuss students’ information with
anyone other than the student.
Check your myUMBC e-mail and “To Do’s” regularly for important
financial aid updates and correspondence.
Contact Us
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Each student has a Financial Aid Counselor.
 Visit our website to find your Financial Aid Counselor’s direct
contact information