Loans

Financial Aid

Eligibility

• General Requirements
• Prerequisite Coursework
• Satisfactory Academic Progress
• Teacher Certification
• More

Application Guide

• Apply for Aid
• FAFSA Online
• FAFSA Worksheet
• UMD Costs
• Estimate Aid
• May/Summer Aid
• Study Abroad
• More

Types of Aid

• Grants
• Scholarships
• Loans
• Student Employment
• Other Aid

Aid Basics

• Credit Requirements
• Disbursement of Funds
• Refund Policy
• Rights & Responsibilities
• Quality Assurance Program

Education Tax Benefits

• American Opportunity Tax Credit
• Lifetime Learning Tax Credit
• More

Additional Links

• Collegiate Resources
• FAQ
• Financial Aid Glossary
• Additional Contacts
• Site Map
• UMD Home

• Home
• Student Self Service
• Forms
• Important Dates
• Contact Us

You may be offered federal loans as part of your financial aid award. It is important to remember that with all loan funding options you are never obligated to accept any of the loans that are offered to you. However, if you do need to borrow, you are strongly encouraged to exhaust federal loan options before using other loans.

Review your loan options carefully so that you can make informed decisions about your finances. The types of loans available to UMD students are:

• Federal Perkins Loan
• Ford Federal Direct Student Loans (Subsidized and Unsubsidized)
• Ford Federal Direct Parent Loan for Undergraduate Students (PLUS) -- for dependent students only
• Ford Federal Direct Graduate PLUS Loan -- for graduate and professional students only
• University Trust Fund Loan (UTFL)
• Private Education Loans

Useful Links

• FastChoice - Compare Loan Options
• Calculate Monthly Loan Payments
• Direct Loans-Glossary of Loan Terms
• View Your Federal Loan History or Make Online Payments
• Federal Loan Consolidation