1. Financial Service Center

2. What do I need to know?  It is still possible to receive Federal Financial Assistance.  Students should be aware of the financial aid package.  Packages along with other important info can be viewed on-line.

7. Student Budget 2013-2014  IN – STATEOn-campus W/Relatives/Parents Tuition & Fee’s$ 9,161.00 $ 9,161.00 Room $ 6,153.00 $ 1,110.00 Board$ 4,127.00 $ 2,120.00 Personal Expenses$ 3,162.00 $ 3,824.00 Books & Supplies$ 1,130.00 $ 1,130.00 TOTAL$23,733.00 $17,345.00  OUT- OF – STATE On-campusW/Relatives/Parents Tuition & Fee’s$ 28,347.00 $ 28,347.00 Room $ 6,153.00 $ 1,110.00 Board$ 4,127.00 $ 2,120.00 Personal Expenses$ 3,162.00 $ 3,824.00 Books & Supplies$ 1,130.00 $ 1,130.00 TOTAL $42,919.00 $36,531.00

8. Sources of Paying for College  Direct Stafford Subsidized Loan: - Need-based - Interest does not accrue - 6.8% Fixed Interest Rate - Repayment begins 6 (six) month after graduation or cease of enrollment  Direct Stafford Unsubsidized Loan: - Non-need based - Interest accrues on quarterly basis - 6.8% Fixed Interest Rate - Repayment begins 6 (six) month after graduation or cease of enrollment

9. Alternative Sources of Paying for College  Direct Parent Plus Loan: - Parents are solely responsible. - Not guaranteed, based on the Borrower’s credit history. - 7.9% fixed Interest rate and repayment period begins 60 days after final disbursement. - Process is initiated through the University  Alternative Loan: - Student is responsible unless there is a cosigner - Interest rate and repayment terms are specified by the lender. - Process is initiated with the lender directly.  Terp Payment Plan: - 10 month plan (enrollment fee $50.00) - 8 month plan (enrollment fee $80.00) - 4 or 5 month plans (enrollment fee $45.00)

10. Things to know  Books: -Be prepared to pay out of pocket. No vouchers  Stafford Loans: -Entrance Interview -Promissory Note  Refunds: -If all charges are paid, a refund can be issued.

14. Your University of Maryland Billing Statement is available  Your current University of Maryland Bill is now available for online viewing. You can conveniently view your monthly billing statement at: http://www.testudo.umd.edu/Financials.html http://www.testudo.umd.edu/Financials.html  Allow others to log in, view and pay your bill by creating a separate PIN for them via http://www.testudo.umd.edu/ParentAccess.html You mayhttp://www.testudo.umd.edu/ParentAccess.html also add up to three additional emails to receive bill information from "View Monthly Billing Statement" link. Thank You University of Maryland Financial Service Center

15. For Your Information  Current information may be viewed on Testudo at www.testudo.umd.edu. Click on “Parent Access”  Student Bills: Will be issued after registration or other activity and are available at www.umd.edu/bursar after July 25th.  Sign up to receive your electronic bill – no paper bills are mailed.  Fall 2013 invoices are due August 20th.  Payments can be made online at: www.umd.edu/bursar

18. Financial Service Center  Bursar’s Office www.umd.edu/bursar  Financial Aid Office www.financialaid.umd.edu 1135 Lee Building 8:30 am – 4:30 pm M - F Local number: (301) 314 - 9000 Toll Free Number: 1-888 - 313 - 2404