Scholarships, Grants, and Loan Trends at UMUC

-12%

Received Percent Changed

-$2,908

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 16,675, which is 38.33 % of all undergraduate students. 8,743 students which is 20.11% of undergraduate students received federal student loans and the average loan amount is $7,991.

For full-time, first-time beginning students (freshmen), 44.78% of students received grants or scholarships and 31% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at University of Maryland Global Campus since 2014.

For that period, the average number of students who received grants aid/scholarships is 16,675, which is 38.33 % of all undergraduate students. 8,743 students which is 20.11% of undergraduate students received federal student loans and the average loan amount is $7,991.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1516,892 (48%)$7,1039,929 (28%)$3,0069,037 (26%)$7,787
2015-1617,357 (46%)$7,16210,151 (27%)$2,9909,107 (24%)$8,090
2016-1718,824 (43%)$6,81410,952 (25%)$2,9239,046 (20%)$8,167
2017-1813,890 (30%)$3,31511,126 (24%)$2,8878,776 (19%)$7,927
2018-1915,775 (33%)$3,65912,615 (27%)$3,3068,935 (19%)$8,247
2019-2015,708 (34%)$3,80312,712 (28%)$3,3328,807 (19%)$8,236
2020-2115,515 (33%)$4,36812,357 (26%)$3,6038,510 (18%)$7,848
2021-2219,162 (42%)$4,09412,382 (27%)$3,5298,258 (18%)$7,766
2022-2316,956 (36%)$4,19513,292 (28%)$3,6938,211 (18%)$7,853
Average16,675 (38.33%)$4,94611,724 (26.67%)$3,2528,743 (20.11%)$7,991
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 93 (44.78 % of students) received grants or scholarships and its average amount is $4,394. It can cover 35.62% of tuition & fees ($12,336) based on out-of-state rate.

In addition, 65 (31.11 % of students) students get helped from the students loans (average amount : $6,254).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15132 (58%)$3,20685 (37%)$5,617
2015-16105 (52%)$4,38277 (38%)$6,167
2016-17127 (44%)$3,74196 (34%)$6,362
2017-1885 (40%)$3,94863 (30%)$5,749
2018-1974 (35%)$4,66349 (23%)$7,260
2019-2065 (38%)$4,30347 (27%)$6,996
2020-2177 (39%)$5,82466 (34%)$5,842
2021-2292 (51%)$4,21358 (32%)$6,102
2022-2383 (46%)$5,26844 (25%)$6,192
Average93 (44.78%)$4,39465 (31.11%)$6,254
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 81 (38.78 % of students) received Pell (federal) grants and its average amount is $3,805.

In addition, 19 students received State/local government grants/scholarships (9.33 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15113 (50%)$2,8804 (2%)$87530 (13%)$2,29816 (7%)$1,582
2015-1699 (49%)$3,35012 (6%)$77116 (8%)$5,51722 (11%)$1,406
2016-17116 (41%)$3,2915 (2%)$80022 (8%)$2,28633 (12%)$1,183
2017-1872 (34%)$3,7062 (1%)$1,00013 (6%)$2,44421 (10%)$1,665
2018-1968 (32%)$4,0391 (0%)$1,0009 (4%)$5,12723 (11%)$1,013
2019-2055 (32%)$3,9386 (3%)$66716 (9%)$1,60229 (17%)$1,155
2020-2171 (36%)$4,24058 (30%)$67418 (9%)$4,80315 (8%)$1,454
2021-2260 (33%)$4,36386 (48%)$80724 (13%)$1,58519 (11%)$968
2022-2375 (42%)$4,43516 (9%)$59725 (14%)$2,90029 (16%)$779
Average81 (38.78%)$3,80521 (12.63%)$79919 (9.33%)$3,17423 (11.44%)$1,245
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 65 (31.11 % of students) get any students loan help and its average loan amount is $65.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1585 (37%)$5,61785 (37%)$5,617--
2015-1677 (38%)$6,16777 (38%)$6,167--
2016-1796 (34%)$6,36294 (33%)$6,3122 (1%)$8,700
2017-1863 (30%)$5,74963 (30%)$5,749--
2018-1949 (23%)$7,26049 (23%)$7,260--
2019-2047 (27%)$6,99646 (27%)$7,0392 (1%)$2,500
2020-2166 (34%)$5,84265 (33%)$5,6941 (1%)$15,445
2021-2258 (32%)$6,10257 (32%)$5,8283 (2%)$7,227
2022-2344 (25%)$6,19242 (23%)$5,8863 (2%)$8,405
Average65 (31.11%)$6,25464 (30.67%)$6,1722 (1.40%)$8,455

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