Terrapin Commitment
The University of Maryland is committed to making college affordable for low-income Marylanders. The Terrapin Commitment ensures 100% of tuition and fees are covered for students with unmet financial need from families making $75,000 or less.
UMD awards institutional need-based grants for eligible in-state undergraduate students with demonstrated need. Learn more>>
Your FinAid account is where you can check the status of any aid and/or offers, find disbursement information and learn more about entrance and exit counseling.
Check out these popular FAQs to get answers to your financial aid and billing questions:
Understanding the financial aid process is critical in setting realistic expectations. We are committed to providing you with helpful information and resources that can assist in making your investment in a UMD education affordable.
Types of aid can be classified as either need-based, meaning you and your family are not able to cover educational expenses, or non-need based, which generally refers to aid you receive based on merit or qualification.
Stay on track by taking advantage of these convenient resources:
The 2026-27 Free Application for Federal Student Aid (FAFSA) is available. The University of Maryland, College Park school code is 002103. For an overview of the process, please watch this 2026-2027 FAFSA Walkthrough Video.