This fund provides interest-free loans to students who are natives or residents of Maryland pursuing majors in the College of Agriculture and Natural Resources. Students may download the following PDF Application:
or pick up a hard copy in room 0108 Symons Hall. The Office of Financial Aid determines eligibility and award distribution. An application must be submitted each year by June 1. Loan terms are:
- Amount is not to exceed the limit on financial need determined by your FAFSA application.
- Repayment begins 9 months after ceasing to be at least a half-time student at the University of Maryland and ending 10 years later.
- Monthly payments for the first two years of repayment will be $25.
- The remaining payments will be fully amortized over the final eight years.
- If the loan is not paid in full by 10 years, a 5% annual finance charge will be assessed on the unpaid balance.
- Revenue from loan repayments will be returned to this fund to assist other students in achieving their academic goals.
For more information, contact
Tim Lapanne
Last updated:
10/14/2009