1. Financial Aid Presenter: Mrs. Natasha Blake1

2. Free Application for Federal Student Aid (FAFSA)
Available October 1, 2016
Complete with Student and Parent 2015 federal income tax return and W-2 forms
File according to University priority deadline – February 15th
Determines need-based aid
Apply for PIN number 2

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4. What’s next after the FAFSA??
Student Aid Report (SAR)
Expected Family Contribution (EFC)
Need-based aid indicator
Graduation Rate*
UMD - 82% Graduation rate
Retention Rate*
UMD – 93% Full-time students
Transfer Rate*
UMD – 7% Transfer-out rate * 4

6. Common Federal Aid Programs
Federal Pell Grant
Academic Competitiveness Grant (ACG)
National Science and Mathematics Access to Retain Talent Grant (SMART)
Federal Supplemental Educational Opportunity Grant (SEOG)
Federal Work-Study
Federal Perkins
Direct Loans
Subsidized (Based on financial and school determines amount) Government pays interest while in school
Unsubsidized (no requirement to demonstrate financial need and you are responsible for paying the interest)
PLUS 6

8. State Grants – Need Based Aid
Deadline - March 1, 2017
Guaranteed Access Grant
H. S. seniors who complete preparatory program
Cumulative 2.5 GPA
Income guidelines mandate by MHEC
Fulltime enrollment status
Award $400 - $14,300 (up to 100% financial need)
Education Assistant Grant
H.S. seniors, undergraduate & graduate students
Award $400 - $3000 8

9. State Legislative Scholarships
Deadline – March 1, 2017
Delegate and Senatorial Scholarships
Current H.S. Seniors
Full or part-time undergraduate and graduate students
Maryland resident
Attend two or four year Maryland university
Contact at 9

10. Free Scholarship Options
Search engines available on the internet:
FinAid on the Web –
College Board –
Fast Web –
Veterans Students -
Gates Millennium Scholar (01/10/11 Deadline) –
Corporate Scholarships and Merit Scholarships – 10

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14. Things to Know Books: -Be prepared to pay out of pocket. No vouchers
Freshmen Orientation:
-Must be paid in advance
Refunds:
-If all charges are paid, a
refund can be issued. 14

15. Affordability Make sure you can pay your education bill
Make smart decisions about borrowing
Be careful with credit cards
Take action
Manage your money
Student loans
Budget
Credit cards 15

16. Thank you and good luck!