Financial Aid and Scholarships

Get an elite education at a public school price.

The Smith School has generous corporate partners and donors who fund our undergraduate scholarships. All of our scholarships are awarded to current Smith School undergraduate students. In recent academic years, nearly $1.2 million has been available in undergraduate scholarships.

To learn more about funding opportunities, please select your type of admission.

COVID-19 Policy for Scholarships

In light of the University's decision for spring 2020 undergraduate courses to be graded pass/fail (unless the student elects to receive an earned grade for the course), we will be following the same policy as the Office of Student Financial Aid, as indicated on the FAQs section. However, students may need to be reviewed on a case-by-case basis depending on the scholarship's criteria and their spring 2020 academic records.

Office of Student Financial Aid is operating under the following parameters:

  • A pass (P) grade will not impact both the GPA and the credit completion requirement since a P grade will not count towards the GPA and will count as completed credits.
  • Failed (F) grade will impact both GPA and credit completion requirements. Case by case basis, we will evaluate students who received a failed grade and could not meet the GPA and/or the credit completion requirements.

Applications for 2020-21 Smith School scholarships are open! The priority deadline is July 1.

Go to the Smith School scholarship application

Supply Chain major? Supply Chain Major scholarships require a separate application.

Questions about the application? Contact

Application Checklist

  1. Completed FAFSA form on file with University if applying for need-based scholarships (see Office of Financial Aid)
  2. Resume
  3. List of activities and honors
  4. Personal bio
  5. Fully answered and completed application (confirm you have submitted your application by July 1 and not left in draft form)
  6. OPTIONAL FOR SUPPLY CHAIN MAJORS: Supplemental application.

Helpful hint for your bio: This bio is intended to be a BRIEF snapshot of YOU for people who may not be privy to your resume or application. In 4-5 sentences, tell us about professional, academic, or life experiences you feel define you as well as your short-term and long-term goals (this could include why you selected your major and what you hope to do with it). Think of it as your written elevator pitch.


All awards are funded from sources outside of the Smith School, therefore, the stipulations of the awards must be followed. Generally, most scholarships are based upon GPA, major, credit accumulation, demonstrated leadership, residency, financial need, and other factors.

Although students with cumulative GPAs of 3.0 or higher are more competitive, we encourage ALL Smith students to apply, as certain scholarship criteria vary just like our student body.

How to Apply

  1. Complete the scholarship application. Smith School students are automatically considered for most Smith School scholarships by completing the general application. All students who want to be considered for a scholarship next year will need to re-apply the following year.
  2. The Office of Undergraduate Studies encourages all Smith students to complete the Free Application for Federal Student Aid (FAFSA) form. By completing this form you make yourself eligible for review of all Smith scholarships that are earmarked for students with financial need (as determined by the Office of Financial Aid). In addition, having this form on file allows students to be eligible for any monies from the Smith School of the university that may be earmarked for "emergencies". If you would like financial need to be taken into consideration during the application process, please submit your FAFSA information (January 1 is the University priority deadline; FAFSA forms MUST be completed before the scholarship deadline). For more information on FAFSA, visit the Office of Financial Aid.


Students selected to receive Smith scholarships are contacted in August. Scholarships are awarded for the academic year and are divided equally between the fall and spring semesters. If you graduate in December, you will receive one semester's worth of the award. You must be a full-time Smith School student in order to retain eligibility for your scholarship, AND you must write a thank-you letter to your donor to receive the second installment of your award.

Once notified of an award, students must accept the award online and provide additional information that can be shared with scholarship donors. A link will be provided in the scholarship award notification email for students who have received a scholarship to formally accept their award. Scholarship monies will not be posted to a student's account until this step is completed.

Students seeking direct admission will be considered for financial aid during the application review. Over 75% of all first-year students at the University of Maryland receive some financial aid.

To be considered for merit-based scholarships, you must apply to the University of Maryland by the November 1 priority deadline. The eligibility requirements for each scholarship vary, but no separate application is necessary. Some scholarships require an on-campus interview. Admission decision letters are mailed by late January and merit scholarship award notifications begin in mid-March and continue through early April.

Need-based scholarships require students submit a Free Application for Federal Student Aid (FAFSA). To receive priority consideration, your application must be received by February 15. Students demonstrating the most need will be considered for the most need-based aid. Learn more about the University of Maryland’s need-based aid policies and estimate your financial need via the Net Price Calculator.

Transfer students seeking merit-scholarships should consult the Office of Financial Aid for scholarship opportunities.

Students transferring from another institution have the option to apply for the Transfer Academic Excellence Scholarship (TAES), a scholarship covering full tuition for four consecutive semesters. Students applying for the Fall 2015 semester can access the TAES application when applying to the University; students seeking admission prior to Fall 2015 can access the TAESapplication here.

Need-based scholarships require students submit a Free Application for Federal Student Aid (FAFSA). To receive priority consideration, your application must be received by February 15. Students demonstrating the most need will be considered for the most need-based aid. Learn more about the University of Maryland’s need-based aid policies and estimate your financial need via the Net Price Calculator.

Financial Aid Information Page
A free, comprehensive, independent, and objective guide to sources of financial aid.

A free search engine of local, national, and college-specific scholarships.

Maryland Parent & Family Association
Scholarships provide assistance to current undergraduate students in good standing who may be unable to continue their education at the university due to extenuating personal or family financial circumstances. Visit their scholarship website for more information.

University of Maryland Office of Student Financial Aid
1135 Lee Building
University of Maryland
College Park, MD 20742-5145
Phone: 301-314-9000
TTY: 301-314-7017
Fax: 301-314-9587

US Department of Education

  • View publications including Funding your Education and The Student Guide.
  • Get help in completing the FAFSA.
  • Get a copy of FAFSA Express.
  • Find the Title IV codes for the colleges you selected.

University of Maryland National Scholarships Office
2130 Mitchell Bldg.
College Park, Md.
Phone: 301-314-1289

The University of Maryland, College Park's clearinghouse on undergraduate scholarship information. Provides general information and a wide variety of assistance with undergraduate scholarship opportunities.

University of Maryland Veterans Program Office
The University of Maryland's Veterans Program Office advertises UM scholarships available to veterans.

University of Maryland Alumni Association
The University of Maryland's Alumni Association offers UM scholarships to current students.

Additional scholarships are offered through other UMD and external organizations. Please follow their application process and contact the organization directly if you have questions.

View the external scholarship list »

Robert H. Smith School of Business
Map of Robert H. Smith School of Business
University of Maryland
Robert H. Smith School of Business
Van Munching Hall
College Park MD 20742