by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What financial aid options does UMGC offer, and what will you qualify for? Keep scrolling for answers.
University of Maryland Global Campus average financial aid offer for freshmen students is $3,784.00. 55% of reshman students get financial aid, most of which is in the form of loans
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at University of Maryland Global Campus.
In addition to scholarships, 33% of first years (56 total) were awarded federal grant aid, averaging $3,939.00 each.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
33% of first years at University of Maryland Global Campus (56 total) were awarded a federal grant, averaging $3,939.00.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 27.91% | $4,426.00 |
| Income 30k-48k | 0.00% | $0.00 |
| Income 48k-75k | 0.58% | $1,532.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
55% of the 172 undergraduates at University of Maryland Global Campus receive some sort of grant aid. This is a total of about 65 students getting an average of $3,784.00 per person.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.