University of Maryland, College Park Tuition and Fees

University of Maryland, College Park Tuition and Fees

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    By Kelly Boyer Sagert

    (Last Updated – 04/2023)

    Total Cost of Attendance

    The University of Maryland is a top public research university, and its graduates have gone on to become Pulitzer Prize winners, Nobel laureates, and Fulbright scholars

    The University of Maryland in-state tuition in 2022-23 was $11,233, and out-of-state tuition at the University of Maryland was $39,469. UMD tuition is higher than the national averages for tuition at public universities of $10,940 (in-state) and $28,240 (out-of-state).

    Costs for 2022-2023

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $11,233

    $39,469

    Books & Supplies

    $1,250

    $1,250

    Room & Board

    $14,576

    $14,576

    Other Expenses

    $2,578

    $2,578

    Total Cost of Attendance

    $29,637

    $57,873

    Financial Aid

    At UMD, 68% of students receive some form of financial aid. This might be scholarships, grants, student loans, or a combination of these.

    Explore financial aid options: Maryland Student Loan & Scholarships.

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    •  Scholarship Search Tool

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    To help pay UMD tuition and other costs, 20% of students take out federal student loans, and 4% take out private student loans, averaging $22,924.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    TThe University of Maryland cost for four years for in-state students, including tuition, room and board, books, and other fees, is $118,548, based on 2022-23 numbers. Compared to the national average at public universities of $106,760, this is slightly higher.

    The total for four years of out-of-state tuition at the University of Maryland is $231,492. This is higher than the national average of $175,960 for out-of-state tuition and other expenses.

    Here’s some Student Loan & Scholarship Information for you.

    Repay student loans your way.

    Find the monthly payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $11,233

    $39,469

    Room & Board

    $14,576

    $14,576

    Total Cost of Attendance

    $25,809

    $54,045


    By combining tuition and fees plus room and board for in-state students, the University of Maryland cost is $25,809 for the 2022-23 school year. The cost is $54,045 for out-of-state students.

    Graduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition

    $16,238

    $35,388

    Fees

    $1,210

    $1,210

    Total Cost of Attendance

    $17,448

    $36,598


    University of Maryland tuition for in-state graduate students was $17,448, including fees, in 2022-23. For out-of-state students, the costs were $36,598.

    There are many options for graduate loans that can help with these costs.

    Cost per Credit Hour

    WThe cost per credit hour for part-time students from Maryland is $404. For students from out of state, that cost is $1,581.

    Campus Housing Expenses

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Books & Supplies

    $1,250

    $1,250

    Room & Board

    $14,576

    $1,488/mo*

    Other Expenses

    $2,578

    $2,578

    *Based on one-bedroom pricing. Average rate based on available apartments on the University of Maryland’s off-campus housing website in 2023.

    While freshmen are not required to live on campus, 90% choose to. There are 37 residence halls on campus offering a range of housing options, including traditional rooms, suites, semi-suites, and apartment-style living. For those who choose to live off-campus at UMD, there are many apartments within walking distance of campus. Learn more and find options for living off campus .

    University of Maryland Acceptance Rate

    Fall 2021

    Number of Applications

    Number Accepted

    Percentage Accepted

    50,183

    26,109

    52%

    Admission Requirements

    Here’s what’s needed to apply to the University of Maryland.

    Required:

    •  High school transcript

    •  2 letters of recommendation

    •  Activities and awards

    •  Essay

    Recommended:

    •  SAT or ACT scores

    The deadline for Early Action applications is November 1, with a decision given by February 1. The regular application deadline is January 20, with a decision given by April 1.

    SAT and ACT Scores

    Standardized test scores are optional at University of Maryland through 2025. Here’s a look at the scores at the 25th and 75th percentile at UMD.

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    650

    730

    SAT Math

    680

    780

    ACT Composite

    30

    34

    ACT English

    27

    34

    ACT Math

    27

    34

    Graduation Rate

    These are the graduation rates at the University of Maryland.

    •  4 years: 72%

    •  6 years: 88%

    •  8 years: 88%

    Post-Graduation Median Earnings

    UMD undergraduates can expect to earn substantially more than the national average for graduates of public universities of $47,922. They tend to make, on average, $71,837 a year.

    Bottom Line

    With ample opportunity for hands-on learning in its many degree programs, the University of Maryland offers a quality education. Whether you’re coming from inside the state or elsewhere, there are financial aid options that can help you pay for your education at UMD.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

    View Your Rate

    Photo credit: iStock/Rebecca Todd

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