2. Agenda Financial Awards Financial Aid for Domestic Students
Financial Aid for International Students
Student Financial Services
Where to Access Your Bill
Terp Payment Plan
Contacts
Questions

3. Financial Awards Scholarships Graduate Assistantships (1 Year only)
Granted upon Admission
Divided evenly between Spring and Fall semesters
Graduate Assistantships (1 Year only)
180 hours/semester (10-12 hours / week )
Benefits
In State-Tuition Rate
Partial tuition reimbursement at the Standard Graduate tuition level
Stipend $8,072 total for one year (divided equally over the course of 9 months)
Health Benefits

4. Financial Aid for Domestic Students
U.S. citizens, permanent residents, or eligible non-citizens
FAFSA
Stafford Unsubsidized Loan
Graduate PLUS Loan
Private Loans

5. FAFSA on the Web:
University of MD School Code:

6. Stafford Loans (Unsubsidized)
Requirements:
Must complete the FAFSA Free Application for Federal Student Aid (
Must be degree seeking
Must be enrolled for at least 4 credits
Must be a U.S. Citizen, U.S. Permanent Resident, or other eligible non-citizen
Interest Rate: fixed at 5.31%.
Repayment Terms: 6 months after graduation or dropping below half-time status.
Loan Amount: $20,500 (Maximum annual limit)

7. Grad PLUS Loan Requirements:
Must complete the FAFSA Free Application for Federal Student Aid (
Must be degree seeking
Must be enrolled for at least 6 credits
Must be a U.S. Citizen, U.S. Permanent Resident, or other eligible non-citizen
Interest Rate: Fixed at 6.31%.
Repayment Terms: 6 months after graduation or dropping below half-time status.
Loan Amount: Can receive up to the cost of attendance (COA) minus any other financial assistance.

8. Private Loans Secured through private lenders
Personal banks or credit unions
Based on credit; typically have higher interest rates
Students may borrow up to the Cost of Attendance minus any other financial aid awards (including other loans)
May require a co-signer

9. Financial Aid for International Students
International Student Fee
Private Loans
International Lender List

10. International Student Fee
Effective Fall 2017
$125 per semester for all newly enrolled, full time students who are neither U.S. citizens nor permanent residents.
Part time students will be assessed $62.50 per semester.
To learn more about the international student fee and tuition related expenses, please visit the Office of the Bursar website at
For more information on international students, visit International Education Services.

11. Private Loans- International Students
For loans from U.S. banks and credit unions
Applicants must secure a U.S. credit-worthy co-signer

12. International Lender List

13. Student Financial Services
Office of the Bursar
Processes all payments
Billing Statements can be viewed through Testudo
“Account Inquiry” provides up-to-date view of billing status
Office of Student Financial Aid
Processes all federal aid applications, including FAFSA and private loan applications (U.S. only)
Awards a financial aid package annually (Students accept/decline award through Testudo)

14. Where to Access Your Bill

15. Where to Access Your Bill

16. Terp Payment Plan 10 month (enrollment fee $50)
July - April
8 month (enrollment fee $80)
September- April
4 or 5 month (enrollment fee $45)
Fall or Spring
For more information, please visit

17. Masters Program Office
Important Contacts
Masters Program Office
Samantha Hanssen
Billing & Financial Aid
Phone: (301)
Eugenia Melandri
Financial Awards
Phone: (301)
Financial Aid
Venesha Bridges
Phone: (301)
Bursar’s Office
Phone: (301)

18. Questions???