For the academic year 2022-2023, total 3,820 full-time, first-time students (63% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 15,197 students (49% of all students) received grants or scholarships and the average grant amount is $11,409. In addition, 7,124 students received student loans and the average loan amount is $6,322.
Below tables show the number and amount by source of financial aid at University of Maryland-College Park.
For all undergraduate students, total 15,197 students (49% of all students) received grants or scholarships and the average grant amount is $11,409. In addition, 7,124 students received student loans and the average loan amount is $6,322.
Below tables show the number and amount by source of financial aid at University of Maryland-College Park.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 15,197 | 49% | $11,409 |
| Pell Grants | 5,667 | 18% | $5,165 |
| Federal Student Loans | 7,124 | 23% | $6,322 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 3,820 | 63% | - |
| Grants or Scholarship from All Sources | 2,905 | 48% | $11,232 |
| Federal Grants | 953 | 16% | $6,531 |
| Pell Grants | 933 | 15% | $5,399 |
| Other Federal Grants | 798 | 13% | $1,487 |
| State/Local Grants | 1,100 | 18% | $6,351 |
| Institutional Grants | 2,478 | 41% | $7,837 |
| Student Loans | 1,535 | 25% | $10,201 |
| Federal Student Loans | 1,456 | 24% | $5,261 |
| Other Student Loans | 319 | 5% | $25,070 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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