Affordable Excellence
As a public institution, St. Mary’s College of Maryland is committed to providing students from diverse backgrounds access to our distinct honors college education. The Office of Student Financial Assistance strives to work closely with families to help them find resources through a range of federal, state, campus-based, and private programs. Evidence of this commitment can be seen in our low student indebtedness and loan default rates. Both of these figures are well below national averages and attest to the strong outcomes of our students.
Please contact the Office of Student Financial Assistance with any questions you have about the financial assistance process. We are committed to helping you access all the financial assistance resources for which you qualify in order to allow you to enroll and successfully graduate from St. Mary’s College of Maryland.
*Please note that any St. Mary's College funding is renewable up to four years or eight semesters.
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Have Questions?
What is Financial Assistance?
Financial assistance consists of scholarships, grants, and loans provided to students and families to help pay for post-secondary educational expenses. St. Mary’s College of Maryland offers support to students through both need-based and merit-based programs. 95% of the first-year students who entered the class of 2023 received a grant and/or scholarship from St. Mary’s College. Transfer students may also be eligible for both types of institutional support.
Submit the FAFSA as early as possible. SMCM does not have an institutional deadline, but you are responsible for making sure that your FAFSA is filed each year you wish to receive financial aid. ( Excludes merit-based scholarships )
The Business Office handles all aspects of the student account - payments, balances, refunds, 1098T and 529 plans (Prepaid college trust). For help with the student account, please contact the Business Office. Here are some useful links:
March 1, 2026
June 30, 2027

Types of Assistance
A St. Mary's College of Maryland education is an investment in your future, and we are committed to helping make it affordable. We offer a variety of financial assistance options to support students and families throughout the educational journey.
How to Apply
Getting started with financial aid is simple. Completing the necessary application forms and submitting required documentation by the appropriate deadlines ensures you are considered for the full range of financial aid opportunities available at SMCM.
St. Mary's College of Maryland FAFSA (Title IV) Code: 002095
Financial Assistance Guides & FAQs
Find answers to common financial aid questions and access resources designed to guide you through the financial assistance process. Whether you're applying for aid, reviewing your award, or exploring payment options, these guides and FAQs can help you better understand your available resources.
Schedule a 1-on-1 Virtual Appointment
Connect with a financial aid counselor through a virtual one-on-one appointment to get answers to your questions and personalized support throughout the financial aid process.