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Financial Aid
The
Office of Student Financial Aid
at the University of Maryland at
College Park offers aid in the
form of Perkins Loans (formerly
National Direct Student Loans)
and Stafford Loans (formerly
Guaranteed Student Loans) to
part-time students showing
financial need as determined by
a completed Free Application for
Federal Student Aid (FAFSA). The
FAFSA is available at most
colleges and universities
throughout the country and
online at
http://www.fafsa.ed.gov.
The FAFSA is also available on
request from the University of
Maryland Office of Student
Financial Aid. The university
does not use the GAPSFAS.
Eligibility for Stafford loans
for graduate students is
measured in units rather than
credits with a number of units
rated depending on the level of
the classes a student is taking.
"Half-time" is considered as 24
units and above.
To be considered for loans or
any other type of financial
assistance by the Office of
Student Financial Aid,
applicants must submit all
previous financial aid
transcripts and any other
appropriate materials to the
Office of Student Financial Aid
by April 15. By this date, the
office must also have received a
processed FAFSA. Processing of
this form requires approximately
four weeks.
For more information about these
programs and other fellowship
and assistantship opportunities,
please contact the
Office of Student Financial Aid.
For general information about
Financial Aid, visit the
US Financial Aid web
site.
Loans for Domestic Students
If you are a United States
citizen or a permanent resident
of the United States and you are
interested in applying for
student loans, you must complete
a Free Application for Federal
Student Aid (FAFSA) form.
Click here to access
this form online. Filling out
the FAFSA form will determine
your eligibility for federal
loans. Please note that the
Smith School does not manage the
FAFSA or student loan process.
The Office of Student Financial
Aid will contact you once your
FASFA has been processed.
Loans for International Students
International students holding the
following visas are not eligible for any
federal, state, or institutional loans:
• Student Visas (F1 and F2)
• Non-citizens with only a Notice of
Approval
• Exchange Visitor Visas (J1 and J2)
• Permanent Residents (I-171 or I-464)
• G-Series Visas (international
organizations)
• Non-citizens with only Family Unity
Status (Form I-797)
• Non-citizens with only I-688A or
I-688B Cards
However, the following private lending
institutions offer educational loans to
international students. The student
borrower must obtain credit worthy loan
cosigners who are US citizens or
permanent residents:
Total Higher Education: 1-800-366-5626
Gate Family Loan: 1-800-895-GATE
Crestar E-Series Loan: 1-888-890-0062
Sallie Mae Signature Loan:
1-800-239-4269
CitiAssist Loan: 1-800-692-8200
TERI Loan: 1-800-255-TERI
Other Financial Resources
The Consortium of Universities of the
Washington Metropolitan Area and The
Economic Club of Washington offer two
$5,000 scholarships to Washington DC
area students who will enroll in the
fall in a business or economics graduate
program at a Consortium institution. For
complete details, contact the
Consortium of Universities of the
Washington Metropolitan Area.
Your Maryland State Senator and up to
three Maryland State Delegates in your
district may award scholarships for as
much as $2,000 per year. Applicants must
show financial need and must be
residents of Maryland. Each senator and
delegate establishes the final criteria
to select recipients. Applicants must
complete and mail the FAFSA to the
federal processor by March 1. Some
senators and delegates ask the State
Scholarship Administration to make
awards for them. If your senator or
delegate make awards themselves, you
should also contact him or her for
further instructions on how to apply.
The State Scholarship Administration
can provide a list of all state
legislators.
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