The UMW Office of Financial Aid strives to assist students in reaching their educational goals by providing information and resources regarding financial aid options. UMW administers a variety of institutional, state, federal, and private aid in the form of grants, scholarships and student loans. UMW also works with private lenders and scholarship administrators to ensure that students receive their financial aid in a timely manner.
Federal Pell Grant
The Federal Pell Grant is automatically awarded to undergraduate students that meet all qualifications. Students must complete the FAFSA and demonstrate a specific level of financial need. This level changes each academic year.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The FSEOG grant is awarded to undergraduate students with exceptional financial need, as determined by the FAFSA. Students that complete the FAFSA, and meet all other qualifications, are automatically awarded.
Federal TEACH Grant
The federal TEACH grant comes through the college cost reduction and access act of 2007. Congress created the teacher education assistance for college and higher education (TEACH) grant program, which provides grants of up to $4,000 per year to students who are completing or plan to complete course work needed to begin a teaching career.
Virginia Guaranteed Assistance Program
This grant is awarded to undergraduate students with financial need according to the UMW and SCHEV awarding criteria each year. Students must submit the FAFSA each academic year, and meet all other qualifying criteria by the priority filing deadline to be considered. Other criteria include being a dependent student, being enrolled full time (12 credits/semester) each semester and graduating from a VA High School. Virginia residents that file the FAFSA by the priority filing deadline are automatically considered for this award.
Virginia Commonwealth Award
This grant is awarded to undergraduate students with financial need according to the UMW awarding criteria each year. Students must submit the FAFSA each academic year, and meet all other qualifying criteria by the priority filing deadline to be considered. Because the funding for these grants change from year to year, renewal is not guaranteed. Virginia residents that file the FAFSA by the priority filing deadline are automatically considered for this award.
Virginia Two Year College Transfer Grant
This educational grant is awarded to incoming students that have transferred to UMW after earning an Associate’s degree at a Virginia two year public institution, and meet all other criteria. Students may apply by completing the Virginia Two Year College Transfer Grant Application and submitting the application to the UMW Office of Financial Aid.
Virginia Military Survivors and Dependents Education Program
This educational benefit is geared toward the spouses and children of military service members killed, missing in action, taken prisoner, or who became at least 90% disabled as a result of military service in an armed conflict. This benefit includes a waiver of tuition and all required fees associated with tuition to any public institution of higher education, as well as a possible stipend each semester. Students may apply for these benefits, and find more information, through the Virginia Department of Veterans Services.
UMW administers a variety of student loan options, including Federal Direct Loans, private educational loans, and Direct Parent Plus Loans. Before accepting a student loan, students are encouraged to research the terms and conditions of those loans. Students and families may also meet with a UMW Financial Aid representative to discuss the responsibilities of accepting student loans.
| AID TYPE | Full-time (12+) | 3/4 Time (9-11) | 1/2 Time (6-8) | Under 1/2 Time (-6) |
| Federal SEOG | Full Amount | 3/4 of Full Amount | 1/2 of Full Amount | NOT ELIGIBLE |
| Virginia Guaranteed Assistance Program | Full Amount | NOT ELIGIBLE | NOT ELIGIBLE | NOT ELIGIBLE |
| Virginia Commonwealth Grant | Full Amount | 3/4 of Full Amount | 1/2 of Full Amount | NOT ELIGIBLE |
| UMW General Scholarship | Full Amount | 3/4 of Full Amount | 1/2 of Full Amount | 3-5 Credits eligible for 1/4 Amount |
| Federal Direct Loan Program | Full Amount | Full Amount | Full Amount | NOT ELIGIBLE |
| Federal Direct Parent PLUS | Full Amount | Full Amount | Full Amount | NOT ELIGIBLE |
| Private Alternative Loan | Full Amount | Full Amount | Full Amount | Based on Lenders Policy |
| Merit-based Admissions Award* | Full Amount | NOT ELIGIBLE | NOT ELIGIBLE | NOT ELIGIBLE |
| Endowed Foundation Scholarship | Full Amount | Determined by Scholarship Coordinator | Determined by Scholarship Coordinator | NOT ELIGIBLE |
| Credits | % of Pell |
| 12 or more | 100% |
| 11 | 92% |
| 10 | 83% |
| 9 | 75% |
| 8 | 67% |
| 7 | 58% |
| 6 | 50% |
| 5 | 42% |
| 4 | 33% |
| 3 | 25% |
| 2 | 17% |
| 1 | 8% |
CONSUMER INFORMATION
In accordance with the Higher Education Act of 1965, University of Mary Washington consumer information must be made available to all students at the University of Mary Washington. To obtain a paper copy of this information, please contact the University of Mary Washington Office of Financial Aid at 540-654-2468 or finaid@umw.edu.