Holiday Disbursement Schedule
Please be advised of a scheduled change in financial aid disbursements dates prior to the upcoming university holidays. The last disbursement prior to the Thanksgiving holiday will be 20 November. Disbursements will resume as normal on 2 December. The last disbursement prior to the holiday break will be 18 December. Disbursements will resume as normal on 6 January.
Federal Loan Update
Effective 1 October 2014, federal Direct Loan origination fees have changed. For all loans disbursing on or after 1 October, the origination fees are as follows: 1.073% for Direct Subsidized and Unsubsidized Loans and 4.92% for Direct PLUS Loans.
Financing your education is a major commitment, but at UMUC you will discover a variety of financial aid options that can work within your budget. UMUC financial aid advisors are ready to help you explore these options.
How to Apply
- * To get started, the first step is to complete a Free Application for Federal Student Aid (FAFSA)
- Use UMUC school code 011644
- To complete the application process, follow these steps
- You will be notified via e-mail if further documentation is required and when you have been awarded aid.
- Click here for applicable financial aid forms.
UMUC Aid Information
- Apply for Scholarships
- Find out about Payment Plans
- Pell Grant Calculator
- Financial Aid Application Checklist
- Financial Aid Basics TV
- Enrollment changes that affect your financial aid
- Ways to Fund Your Education
Application Priority Deadlines
Fall: June 1
Spring: November 1
Summer: April 1
Veterans Education Benefits
Important Time Limitations on Loans and Pell Grants
Direct Subsidized Loans: For first-time borrowers applying for Direct Subsidized Loans on or after 1 July 2013, there is a limit on the maximum period of time (measured in academic years) that you can receive such loans. If this limit applies to you, then you may not receive Direct Subsidized Loans for more than 150 percent of the published length of your program. This is called your "maximum eligibility period.” More information on loans.
Pell Grants: Effective 1 July 2012, students can receive the Federal Pell Grant for a maximum of 12 full time semesters. If you have used at least 450% of your eligibility funding, you will receive an e-mail notification from the Central Processing System (CPS), the system that processes your FAFSA.
Online Support Center
Visit Help@UMUC and get financial aid assistance 24 hours a day, 7 days a week. You can browse our extensive FAQ catalog, contact us via e-mail, chat live, or request a call from our Financial Aid Office.
The Financial Aid Office offers a full range of services and information on all aspects of financial aid. We encourage you to contact a financial aid advisor for any assistance you may need. Advisors are available Monday through Friday, 0800-1700 CET.