Financial Aid
Important Message: Sequestration and Potential Impacts on Financial Aid
A series of mandatory across-the-board federal budget cuts known as "sequestration" went into effect on March 1. These cuts impact virtually all federal government programs, including federal student financial aid.
While UMUC does not anticipate dramatic cuts in any one program, financial aid you receive for the 2013-14 academic year may be subject to change. Specifically, Direct Loan origination fees could change, causing a slight reduction in your disbursed loan amount. The change in origination fees will not change your loan eligibility or the maximum you may borrow. The Department of Education will notify you if you are affected, and updates will be posted to MyUMUC.
When applying for financial aid, please note that the 2012-13 FAFSA is for the Fall 2012, Spring 2013 and Summer 2013 terms. The 2013-14 FAFSA is for the Fall 2013, Spring 2014 and Summer 2014 terms. The FAFSA form is available online at www.fafsa.gov.
Important Information
To apply for financial aid, complete the Free Application for Federal Student Aid (FAFSA).
To complete your Master Promissory Note or Entrance and/or Exit Counseling, visit StudentLoans.gov.
Get answers or assistance, anytime.
UMUC's Financial Aid Office is eager to help you and your family understand financial aid and to assist you in finding ways to meet your college costs. We are committed to making a UMUC education affordable for all students. Whether you are a new or returning student, we invite you to learn more about our financial aid programs.
Confirm Your Financial Aid for Next Term
Financial Aid Checklist
To ensure timely disbursement of your financial aid, please review the checklist below. Answers to all items should be "yes."
- Are you enrolled at least half-time in your program of study?
- Are you meeting satisfactory academic progress?
- Did you accept your financial aid award for the 2012-13 academic year?
- Did you complete and submit your Master Promissory Note and Entrance Interview to UMUC?
- Are all items in your "To Do" list in MyUMUC submitted and complete?
Note: If you were awarded a Pell Grant, the amount of the award will be adjusted based on your actual enrollment, and the grant will be disbursed a few weeks after your classes begin.
Access Financial Aid Tools in MyUMUC
Did you know you can do the following in MyUMUC?
- Check your award status
- Apply for a UMUC scholarship
- Accept/decline your awards
- Check for any required documents
- Pay your bill
- Review your account summary
- View your financial aid shopping sheet
Please visit MyUMUC for the most up-to-date information regarding your student account. Select Student Center, and your financial aid information will be located in the Finances section.
Financial Aid Basics
