Scholarship Retriever!

Need some additional aid for school? Why not use the Scholarship Retriever to search for scholarship opportunities? Current UMBC students should use this online database to help search for scholarship opportunities outside of the Office of Financial Aid & Scholarships.  These scholarships are either sponsored by UMBC departments or outside sources, and they are just for UMBC students.  You can access the Scholarship Retriever on our website at http://www.umbc.edu/financialaid/scholar_current.html.  Retrieve!

If you want more resources to help with your search for scholarships, there are a lot of great options available on the web.  Please visit our website at http://www.umbc.edu/financialaid/scholar_search.html for more information about scholarship web searches.  It is important to note, however, we encourage students to be informed consumers when searching for scholarships on the web.  Scholarships that require fees up front or seem “too good to be true” may be just that.  Remember to be careful and use good judgment.

If you are awarded an outside scholarship, be sure to submit the Scholarship Notification Form to the Office of Financial Aid & Scholarships, so we can update your account.  The form is found online at http://www.umbc.edu/financialaid/forms.html.  Happy scholarship hunting!

Cost Calculator!

Need help estimating your out-of-pocket expenses for next year?  Use the Cost Calculator! This interactive tool can help you estimate what your out-of-pocket expenses will be for each semester.  The Cost Calculator takes into account costs such as tuition, fees, room and board, as well as your financial aid.  We have calculators for both Undergraduates and Graduates! Visit our website at  http://www.umbc.edu/financialaid/calculators.html to access the Cost Calculator!

If you find that you need additional funds to cover your out-of-pocket expenses, please visit our website at http://www.umbc.edu/financialaid/loans.html for more loan options.  Current students can also search for scholarships using our scholarship database, Scholarship Retriever, found online at http://www.umbc.edu/financialaid/scholar_current.html.

 

 

6/29/12 Deadline

Interested in applying for a loan, such as Stafford Loans, Parent PLUS Loans, or Alternative Loans?  If so, please note that the priority processing deadline to submit these loan requests is Friday, June 29th.  This will ensure that the funds will arrive at UMBC in a timely matter.  If you have already submitted a Stafford Loan request, you do not need to submit another one.  Any requests received after the June 29th deadline will be processed throughout the semester, within our current processing time.  For a list of deadlines and for more information about loans, please visit our website at http://www.umbc.edu/financialaid/loans.html.

If you need help estimating your out-of-pocket expenses, you can use the Cost Calculator found on our website at http://www.umbc.edu/financialaid/calculators.html.

As always, if you have any questions about your financial aid, please contact your Financial Aid Counselor!

What is the IRS Data Retrieval Tool?

Need to complete the FAFSA?  When completing the FAFSA you should use the IRS Data Retrieval Tool.  The IRS Data Retrieval Tool transfers your tax information from the IRS database directly into your FAFSA.  Using the tool will increase the accuracy of your FAFSA information and streamline the application, review, and award process.

There are a couple of things to remember when using this tool.  First, once information is transferred from the IRS database, it cannot be changed or altered, as it will then be considered invalid.  Also, be sure to continue on to the next steps and successfully save and submit your FAFSA after you have transferred your information from the IRS database.  If you have filed your taxes electronically, it will take about 2 weeks before the tool is accessible to you.  If you have filed your taxes by mail, you will be able to access the tool after about 6-8 weeks.  For more information about the IRS Data Retrieval Tool, and to view a brief video showing you how to use it, please visit our website at http://www.umbc.edu/financialaid/irsdataretrieval.html.

If you are not able to utilize the tool, other documentation will be requested.  We are no longer accepting Federal Tax Returns, but must accept Federal Tax Return Transcripts for the 2012-13 academic year.  Tax Return Transcripts can be requested by calling the IRS at 1-800-908-9946.  To review a list of what documents are required from you, log in to your myUMBC account and review your alerts and to-do’s.

Who you gonna call? Your Financial Aid Counselor!

That’s right! The Office of Financial Aid & Scholarships has Financial Aid Counselors for each student, based on your last name.  Any time you have any questions or concerns regarding your financial aid, you can contact your counselor directly for more help.  We are always happy to help our students! Remember, if you would like to come in to the office to meet with your counselor, you need to have an appointment.  To set up an appointment you need to contact your counselor directly and arrange a time for you to come in to the office.  If you do not need an appointment, then we can always be reached by phone and/or email.  For a list of counselors and their contact information, please visit our website at http://www.umbc.edu/financialaid/contact.html.

It is important to note, that if your parents, guardians, or anyone else involved in your financial aid process contacts your counselor, there must be an Authorization for Release of Information form on file in order for us to release any detailed information to them.  Your financial aid is private, personal, and protected, and we will only release information to people you give permission.  If you would like to give permission to someone, you will need to complete and submit the form to the Office of Financial Aid & Scholarships.  The Authorization for Release of Information form is found on our website at http://www.umbc.edu/financialaid/forms.html.  General questions can always be asked at the Office of Financial Aid & Scholarships front desk or by calling our general phone line at 410-455-2387; no authorization forms needed.

The Office of Financial Aid & Scholarships is open Monday through Friday 8:30am to 4:30pm.  Our office is located pond side in the lower level of the library, adjacent to the Office of Undergraduate Admissions and Orientation.

The 2012-13 academic year processing has begun!  The Office of Financial Aid & Scholarships began processing financial aid for the 2012-13 academic year at the end of March.  Be sure you are checking your myUMBC account for any updates and to view your award package.  To access your award screen, go to “Billing and Personal Finances” under the Topics tab on your myUMBC homepage, then select “Financial Aid Inquiry,” and finally select the academic year.  Here you will be able to view your financial aid package.  Remember, we do not send out any paper notifications; all notifications are sent electronically to your myUMBC account.

If you have not yet received an award package for the 2012-13 academic year, be sure to review your alerts, you could have missing information on your account.  If you have missing information or documents, we will notify you via your myUMBC account.  We will post an alert to your account letting you know that you have outstanding to-do’s regarding your financial aid.  Your to-do’s describe what information or documents you need to submit in order to have your financial aid processed.  If you have any questions about your alerts or to-do’s you should contact your Financial Aid Counselor for more information.

Summer Financial Aid

Summer is just around the corner! If you are planning on taking classes this summer and are interested in receiving financial aid, be sure to submit a 2012 Summer Financial Aid Application to the Office of Financial Aid & Scholarships as soon as possible.  The priority deadline to submit the application is Friday, May 4th.  The absolute last day to submit a summer aid application is Friday, June 29th!  For more information about summer aid and to access the application, please visit our website at http://www.umbc.edu/financialaid/summer_winter.html.

Hello! From the UMBC Office of Financial Aid & Scholarships

Hi everyone! I would like to start my first blog off by introducing myself and providing you with a little background information about me.  My name is Emily Meyers and I am a Financial Aid Counselor in the Office of Financial Aid & Scholarships at UMBC.  I have been a Financial Aid Counselor at UMBC for about a year now, but I have been involved with UMBC for much longer.  I actually graduated from UMBC with my Bachelor’s Degree in Psychology.  I loved my experience as an undergraduate, and I knew that I wanted to continue to be a part of the UMBC community long after graduation.  So, of course I was thrilled to get the opportunity to be a counselor in the Office of Financial Aid & Scholarships here at UMBC.

I am very excited to be able to provide you all with updates and notifications about what is going on in the office.  Remember, our website, http://www.umbc.edu/financialaid, is the best place to get the most up to date information.  Please check back for more information about the current happenings the UMBC Office of Financial Aid & Scholarships!

Go Retrievers!