How UMBC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Maryland-Baltimore County since 2013.

For that period, the average number of students who received grants aid/scholarships is 6,280, which is 56.67 % of all undergraduate students. 4,094 students which is 36.67% of undergraduate students received federal student loans and the average loan amount is $6,634.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	5,660 (51%)	$7,879	3,053 (27%)	$4,197	4,666 (42%)	$7,059
2014-15	5,765 (51%)	$8,072	3,148 (28%)	$4,239	4,750 (42%)	$7,038
2015-16	5,524 (49%)	$8,380	3,145 (28%)	$4,315	4,543 (40%)	$6,766
2016-17	5,405 (49%)	$8,534	3,172 (28%)	$4,240	4,516 (41%)	$6,691
2017-18	5,938 (53%)	$9,231	3,354 (30%)	$4,603	4,212 (37%)	$6,578
2018-19	6,142 (55%)	$9,308	3,270 (29%)	$4,765	4,052 (36%)	$6,480
2019-20	6,562 (59%)	$8,971	3,167 (29%)	$4,801	3,840 (35%)	$6,494
2020-21	7,100 (65%)	$9,379	3,106 (28%)	$5,006	3,115 (28%)	$6,204
2021-22	8,421 (78%)	$9,265	3,216 (30%)	$5,035	3,155 (29%)	$6,395
Average	6,280 (56.67%)	$8,780	3,181 (28.56%)	$4,578	4,094 (36.67%)	$6,634

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,195 (69.33 % of students) received grants or scholarships and its average amount is $9,036. It can cover 29.81% of tuition & fees ($30,308) based on out-of-state rate.

In addition, 590 (35.22 % of students) students get helped from the students loans (average amount : $6,718).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	982 (59%)	$8,395	643 (39%)	$6,837
2014-15	935 (58%)	$8,895	650 (40%)	$6,924
2015-16	840 (54%)	$9,043	641 (42%)	$6,916
2016-17	840 (55%)	$9,402	635 (42%)	$7,348
2017-18	1,434 (82%)	$8,789	602 (34%)	$6,446
2018-19	1,448 (81%)	$8,901	613 (34%)	$6,891
2019-20	1,167 (69%)	$10,254	555 (33%)	$6,902
2020-21	1,225 (74%)	$8,758	408 (25%)	$5,545
2021-22	1,880 (92%)	$8,889	567 (28%)	$6,654
Average	1,195 (69.33%)	$9,036	590 (35.22%)	$6,718

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 403 (23.56 % of students) received Pell (federal) grants and its average amount is $4,836.

In addition, 397 students received State/local government grants/scholarships (23.22 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	342 (21%)	$4,430	160 (10%)	$535	456 (28%)	$3,424	760 (46%)	$6,686
2014-15	343 (21%)	$4,519	144 (9%)	$483	330 (20%)	$3,580	759 (47%)	$7,267
2015-16	358 (23%)	$4,507	111 (7%)	$690	297 (19%)	$3,581	655 (42%)	$7,393
2016-17	335 (22%)	$4,479	84 (6%)	$805	314 (21%)	$3,894	667 (44%)	$7,657
2017-18	440 (25%)	$4,873	179 (10%)	$784	412 (23%)	$4,834	1,359 (77%)	$6,127
2018-19	447 (25%)	$5,041	153 (9%)	$787	408 (23%)	$4,974	1,352 (76%)	$6,276
2019-20	397 (23%)	$5,087	435 (26%)	$938	425 (25%)	$5,484	1,094 (65%)	$6,588
2020-21	402 (24%)	$5,216	321 (19%)	$1,037	381 (23%)	$5,203	989 (60%)	$6,387
2021-22	564 (28%)	$5,368	143 (7%)	$978	550 (27%)	$6,473	1,621 (80%)	$6,159
Average	403 (23.56%)	$4,836	192 (11.44%)	$782	397 (23.22%)	$4,605	1,028 (59.67%)	$6,727

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 590 (35.22 % of students) get any students loan help and its average loan amount is $590.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	643 (39%)	$6,837	621 (38%)	$5,368	78 (5%)	$13,626
2014-15	650 (40%)	$6,924	639 (40%)	$5,333	82 (5%)	$13,324
2015-16	641 (42%)	$6,916	621 (40%)	$5,211	83 (5%)	$14,426
2016-17	635 (42%)	$7,348	614 (40%)	$5,188	101 (7%)	$14,658
2017-18	602 (34%)	$6,446	586 (33%)	$5,219	62 (4%)	$13,269
2018-19	613 (34%)	$6,891	592 (33%)	$5,328	76 (4%)	$14,073
2019-20	555 (33%)	$6,902	537 (32%)	$5,177	68 (4%)	$15,451
2020-21	408 (25%)	$5,545	399 (24%)	$4,732	25 (2%)	$14,975
2021-22	567 (28%)	$6,654	538 (26%)	$5,214	64 (3%)	$15,125
Average	590 (35.22%)	$6,718	572 (34.00%)	$5,197	71 (4.33%)	$14,325

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Scholarships, Grants, and Loan Trends at UMBC

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time