Among all the cost of living near UMD, University of Maryland student expenses takes a big account, UMD off campus housing cost differ greatly depending on a number of variables, including distance to the University of Maryland campus, housing type, amenities, and lifestyle choices. Here are the approximate tuition, housing, food, and other fee charges for the incoming UMD students.
University of Maryland Housing
A one-bedroom apartment’s monthly rent might vary from $1,500 to $2,500 based on its amenities and accessibility to university. With shared housing, such as two or three-bedroom homes, costing between $800 and $1,200 per person per month, living with roommates can be even more economical. Depending on consumption and apartment size, utilities such as gas, water, electricity, and internet usually cost between $100 and $200 a month.
60% of students at the University of Maryland choose to live off campus, with 40% living in college-owned housing. The expense of living on campus can reach $12,000 per year. Popular neighborhoods that are particularly handy for graduate students are Seven Springs, Paint Branch Trail, and Graduate Hills. Among the dorms on campus are Bel Air Hall, Charles Hall, Cambridge Hall, Baltimore Hall, and Allegany Hall. Because of the UMD dorm’s vast expanse, getting from the dorms to your classes could take anywhere from 10 to 40 minutes. Additionally, students can live in comparable residential communities through living-learning programs. The average monthly cost of off-campus University of Maryland housing is between $750 and $1,100. uhomes.com is the best rental platform for you to rent student housing, like USC off campus housing, UCLA off campus housing, etc. you can browse uhomes.com check out more housing options in US cities.
UMD Tuition
For Maryland State Undergraduate Residents: $10,086 annually
For Non-Maryland Residents: $39,464 annually
UMD Graduate tuition rates exceed undergraduate fees:
Maryland State Residents: $11,824 annually
Non-Maryland Residents: $25,774 annually
UMD Mandatory fees amount to $1,722 for undergraduates and $716 for graduate students. Additional charges apply to students majoring in business, engineering, and computer science based on credit hours. For more detailed information and a breakdown of these charges, you can refer to UMD tuition fee page. Book and supplies costs are estimated at $1,250 per year for UMD undergraduates and $1,000 per year for UMD graduate students.
UMD Students Cost of Food
The estimated annual cost for a meal plan is $6,260. If you cook for yourself, a monthly grocery budget can range from $200 to $400, depending on dietary preferences and shopping habits.
UMD Transport
Monthly fares for CharmCard and CharmPass amount to $77.00. CharmCard® is a rechargeable smart fare card valid on Local Bus, Light Rail, and Metro Subway services. If you own a car, consider expenses for gas, insurance, and parking. Public transportation options, such as the Metro, may also incur monthly costs.
Miscellaneous Expenses
Other expenses, such as entertainment, eating out, and personal belongings, can differ significantly. It is advised to budget an additional $100 to $300 per month.
In terms of cost of living, College Park is placed 16th out of 273 US communities, according to approximated data. College Park’s cost of living is 134.5% higher than the national average. Depending on personal preferences and situations, UMD students living off campus can expect to spend between $1,500 and $3,500 per month on living expenditures. It is recommended that students carefully assess their budget, compare prices, and look into local housing choices.
Money-Saving Tips for UMD Students
Create a Budget
Making a budget might be difficult, particularly if this is your first time handling your money on your own. Determine your priorities and make the appropriate financial allocations.
Purchase Secondhand Textbooks
To save a lot of money, choose old textbooks rather than brand-new ones.
Prepare Your Own Food
It is less expensive to prepare meals at home than to go out. To save money on everyday cafe spending, invest in kitchen necessities like a coffee maker.
Benefit from Student Discounts
Present your school ID to receive savings on a variety of items and take advantage of local student discounts.
Make Use of Public Transit
To save money, especially with the rising price of gas, think about taking public transit or carpooling with friends. You may better control the cost of living close to the University of Maryland, College Park, by paying attention to your spending and using these money-saving strategies.
For UMD students, the total cost of attendance is about        $28,920 per year for Maryland residents, and $36,100 for non-residents. Plus, as a UMD student, you can apply financial aid. The University of Maryland has launched a new investment in need-based financial aid, the Terrapin Commitment program, which will provide up to $20 million annually for students from the state of Maryland. The goal of the Terrapin Commitment program is to reduce the gap between a student’s total financial aid package and the cost of an education.
