University of Maryland Announces $20M Investment in Financial Aid

Per the University of Maryland:
COLLEGE PARK, Md. – In a bold effort to increase affordability and access to the state’s flagship institution of higher education, the University of Maryland launched today a new investment in need-based financial aid providing up to $20 million annually for students from the state of Maryland. The Terrapin Commitment program is the largest single-year investment in need-based scholarships in the university’s history.

“Since day one of my presidency, I have emphasized the importance of increasing financial support and access to our university,” said UMD President Darryll J. Pines. “Every Maryland student deserves an equal opportunity to attend the state’s flagship university, and the Terrapin Commitment program is one more measure we are taking to ensure that a University of Maryland education is affordable to all residents of our state.”

The goal of the Terrapin Commitment is to reduce the gap between a student’s total financial aid package and the cost of an education. The program will begin in January 2023 and ensures that tuition and fees are fully covered for Pell eligible, in-state students, who are enrolled full time and have unmet financial need. The program will dramatically reduce the financial barriers to obtaining a higher education for low-income Marylanders.

“In alignment with our Fearlessly Forward strategic plan, we continue to find new and meaningful ways to invest in people and communities,” said UMD Senior Vice President and Provost Jennifer King Rice. “Our investments in need-based financial aid better position us to serve the people of our state—opening the door for more Marylanders to attend a world-class flagship institution.”

If an eligible UMD student’s funding sources—including scholarships, grants and the expected family contribution—fall below UMD tuition and fees, the Terrapin Commitment will pay the difference.

“This investment in need-based financial aid is extraordinary, and it will change the way we can support our low-income students,” said Associate Vice President of Enrollment Management Barbara Gill. “The Terrapin Commitment will help us continue to recruit and provide new pathways for the best and brightest students in the state, improve graduation rates and reduce student debt.”

All students who submitted the Free Application for Federal Student Aid (FAFSA) for the 2022-23 academic year and who meet the eligibility requirements above are automatically considered for the Terrapin Commitment. Find additional information about the program.

Recent Stories

The Montgomery County Board of Education has launched a nationwide search for the next superintendent of Montgomery County Public Schools (MCPS), who will assume the role on July 1, 2024….

Detectives from the Montgomery County Department of Police – 5th District Investigative Section are asking for the public’s assistance in locating Jay Turner, a missing 43-year-old.

The Montgomery County Department of Environmental Protection (DEP) will hold events throughout the month of April to commemorate Earth Month.

Barbie is living the dream and cruising to a city near you! The new Dream House Living Tour with exclusive merch only available on the Barbie Truck Tour will be…

FEST OF SPRING Caribbean Wine Food & Music Festival

Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.

Step into a world where the Caribbean spirit comes alive! From 12:00 PM onwards, immerse yourself in a sensory journey that celebrates the unique culture, cuisine, and music of the Caribbean. Whether you're an African American, a Reggae or Soca music enthusiast, a wine lover, or part of the vibrant Caribbean diaspora, this festival promises to delight and captivate you in every way.

Let the enticing aromas of mouthwatering Caribbean dishes tantalize your taste buds. Feast on traditional delicacies prepared by expert chefs, showcasing the rich and diverse culinary heritage of the Caribbean. Indulge in flavorful jerk chicken, succulent seafood, and delectable plantain dishes that will transport you straight to the islands.

Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.

As the sun sets, get ready to groove to the infectious rhythms of Caribbean music. Feel the pulsating beats of reggae, soca, dancehall, and calypso, moving your body to the lively melodies. Live performances by talented musicians and performers will keep the energy high, ensuring a night of unforgettable entertainment.

Don't miss this opportunity to embrace the Caribbean spirit and celebrate the arrival of spring in style! Tickets are available on AllEvents, so secure your spot today. Join us at the FEST OF SPRING Caribbean Wine Food & Music Festival, where cultures collide and unforgettable memories are made.

LIVE PERFORMANCES By: CULTURE Feat. Kenyatta Hill, EXCO LEVI, IMAGE BAND, RAS LIDJ REGG'GO with Special Guest SUGAR BEAR FROM E.U. & MORE! & MORE!

MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME

2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES

KIDS 12 & UNDER FREE!!!

Bethesda Film Fest

The 2024 Bethesda Film Fest will feature five short documentary films made by filmmakers from Maryland, Virginia, and Washington, D.C. Screenings will be held Friday April 5 and Saturday April 6 at Landmark Bethesda Row Cinema.

×

Subscribe to our mailing list