of zero, the program covers the entire student budget with work-study and grant aid.
|
For students with an EFC of zero. . .
| |
2009-10 Estimated Student Budget
|
|
|
The college assures enough work-study and grant aid to cover these expenses
|
|
|
Tuition & Fees
|
$8,053
|
|
Books & Supplies
|
$1,025
|
|
Room & Board
|
$9,377
|
|
Transportation & Personal Expenses
|
$3,024
|
|
|
For all seniors who have accumulated $15,900 or more in need-based loans. . .
| |
2009-10 Estimated Student Budget
|
|
|
After the family covers any EFC, the program assures enough work-study and grant aid to cover these expenses
|
|
|
Tuition & Fees
|
$8,053
|
|
Books & Supplies
|
$1,025
|
|
Room & Board
|
$9,377
|
|
Transportation & Personal Expenses
|
$3,024
|
|
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Students with calculated EFCs of zero qualify for full aid without loans. Seniors who have accumulated $15,900 or more in need-based federal loans qualify for a grant covering all remaining financial need in the fourth year.
How is EFC determined and used?
Federal Methodology. The family is expected to cover the EFC.
How much academic year work and/or need-based loans are included?
For zero EFC students, no loans and approximately $2,400 in work-study. For seniors, cumulative need-based loans are capped at $15,900.
Does the offer account for the full student budget?
Yes.
How are outside scholarships handled?
Outside scholarships reduce the amount of the Maryland Pathways Work Grant, then Federal Work Study, then the ACG/SMART grant, then the Federal SEOG grant, and finally any state grants.
About the Institution (2007-08):
Location: College Park, MD
Type: Public 4-year
Undergraduate enrollment: 28,683
Pell Grant recipients (a measure of low-income enrollment): N/A%
Proportion of graduating seniors with student debt: 44%
Average debt: $20,091
Glossary