<p>Does anyone know when scholarship info (aside from B/K) comes out? Also, does anyone know the different amounts associated with each scholarship (monetary and how many they generally award)? </p>
<p>Last question--How common is it to be admitted to the Honors College but NOT receive a scholarship of any kind?</p>
<p>President’s Scholarship:</p>
<p>The President’s Scholarship provides four-year awards to exceptional entering freshman from Maryland and across the nation. Awards range from $2,000 to $12,000 per year. Recipients are identified through evaluation of the admission application materials. Academic achievement, extracurricular activities, awards, honors, and an essay are the criteria reviewed. </p>
<p>To be considered for most merit scholarships, entering freshmen applying for the Fall semester must submit both Part I and Part II of the application for undergraduate admission by the priority deadline of November 1. The eligibility requirements for each scholarship vary, with the most talented entering freshmen receiving the most prestigious scholarships. Admission decision letters are mailed by mid-February and merit scholarship award notifications begin in mid-March and continue through early April.</p>
<p>Dean’s Scholarship: </p>
<p>The Dean’s Scholarship provides one or two-year awards of $1,500 to $4,500 to outstanding entering freshman from Maryland. Recipients are identified through evaluation of the admission application materials. </p>
<p>To be considered for most merit scholarships, entering freshmen applying for the Fall semester must submit both Part I and Part II of the application for undergraduate admission by the priority deadline of November 1. The eligibility requirements for each scholarship vary, with the most talented entering freshmen receiving the most prestigious scholarships. Admission decision letters are mailed by mid-February and merit scholarship award notifications begin in mid-March and continue through early April.</p>
<p>It is not common to be accepted to Honors and not get a scholarship. However, UMDCP is incredibly cheap when it comes to merit money, so if you are OOS don’t expect it to make a huge dent in the bill. I think OOS on campus is now at the 38K marker, maybe less, but even 12K will still leave you 20K in the red.</p>
<p>…and even if your FAFSA EFC is really low, do not expect that financial aid will make up the difference in the OOS cost, even if you do get a merit scholarship. Sorry to be a downer, but that’s the facts as we have experienced them…</p>
<p>Can you please explain that… I am OOS and I am hoping for a merit scolarship…Are you saying that if I get a merit scholarship I will not also get need based aid?</p>
<p>I think what astrophysicsmom is saying is that, despite any merit aid that you receive, the cost of OOS will still be exorbitant because need-based aid isn’t going to help a whole lot.</p>
<p>Exactly. Need-based aid is based solely on your family’s EFC. There are several Maryland-based grants etc. (well, at least there WERE), which obviously OOS students don’t qualify. You’ll get the aid that is calculated for you, in addition to any merit scholarships. However, if it is not a full B/K, the total of your scholarship + need-based aid (including student loans) will still be more than OOS tuition. </p>
<p>This is not to say that we’ve not been grateful for the merit based scholarships, but unless a student gets a full B/K, the cost of attending UMD from OOS is still a bit hefty. There are private schools that say they will “meet all need”. UMD is not one of those.</p>
<p>Thank you for the explanation. Do you mind me asking how much was the merit scholarship that your child received?</p>