LOAN PROGRAMS

The University of Maryland, Baltimore administers several institutional loan programs:

The Federal Perkins Loan is available to qualifying students in most UMB programs. Interest does not accrue and payments are not required while registered at least ½ time while in the nine-month grace period provided, or within periods of eligible deferment. Interest accrues at 5.0% annually while in repayment.

The Federal Nursing Loan (FNL) is available to qualifying students in the undergraduate and graduate level Nursing Programs. Interest does not accrue and payments are not required while registered at least ½ time while in the nine-month grace period provided, or within periods of eligible deferment. Interest accrues at 5.0% annually while in repayment.

The Health Professions Loan (HPSL) is available to qualifying students in the Dental and Pharmacy Programs. Interest does not accrue and payments are not required while registered full time in a Health Profession Program, while in the twelve-month grace period provided or within periods of eligible deferment. Interest accrues at 5.0% annually while in repayment.

The Primary Care Loan (PCL) is available to qualifying medical students with a requirement that they train and practice in primary care. Interest does not accrue and payments are not required while registered full time while in the twelve-month grace period provided, or within periods of eligible deferment. Interest accrues at 5.0% annually while in repayment.

In addition to the above federal programs, the University also administers several private donor loans that have varying terms and conditions.

For information on applying for one of the above loans, or applying for Stafford Loans, please contact the Office of Financial Aid at (410) 706-7347, or stop by their office at 601 W. Lombard Street, Suite 221.

COLLECTION ASSISTANCE

If you received Federal Perkins, Federal Nursing, Health Professions, Primary Care, or one of our various private donor loans, while attending the University of Maryland, Baltimore, the University is your LENDER.

Linda Ferreira, Loan Collections Supervisor
(410) 706-6574
lferreira@af.umaryland.edu

Nancy Waits, Loan Collections Specialist
(410) 706-5375
nwaits@af.umaryland.edu

Teah Mosley, Loan Collections Specialist
(410) 706-2845
tmosley@af.umaryland.edu

Our mailing address is: 

UMB/Financial Services/Loan Collections
601 W. Lombard Street, Suite 206
Baltimore, MD 21201
Fax: 410-706-7429

 

The University utilizes a billing agent, ACS-Education Services, to generate monthly billing statements to our borrowers.  Please contact the University directly, at the numbers above, for any problems or questions concerning your account.

 

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FREQUENTLY REQUESTED INFORMATION

University of Maryland, Baltimore
Student Financial Aid
410-706-7347
e-mail your questions to:
RS-FinAid-Debt-Mgmt@campus.umaryland.edu

ACS-Education Services (Utica, NY)

Please contact University of Maryland, Baltimore directly, at (410) 706-6574, for any ACS billing problems or questions concerning your Federal Perkins, Health Professions, Federal Nursing or UMB Private Donor Loans.

Where are my student loans?

National Student Loan Database System (NSLDS)
For Title IV loan information:
http://www.nslds.ed.gov

Please note! NSLDS does not reflect loan information for Health Professions, Primary Care, Federal Nursing Loans or any privately funded educational loans.

Free credit reports are available through:

The Central Source www.annualcreditreport.com
1-877-322-8228

U.S. Department of Education-Borrower Assistance
1-800-433-3243
Website: www.ed.gov

Department of the Ombudsman
1-877-557-2575
Website: www.ombudsman.ed.gov

Health Resources & Services Administration/Division of Student Assistance
Website: www.hrsa.gov/bhpr/dsa/
Loan repayment information: 1-877-464-4772

Maryland State Scholarship Board- Janet L. Hoffman
Loan Assistance Repayment Program 410-260-4569
Website: www.mhec.state.md.us
E-Mail: osfamail@mhec.state.md.us