Making McDaniel Affordable

More than 90% of McDaniel College students receive some type of financial assistance. We invest nearly $55 million annually in need-based grants and merit scholarships to ensure that students from all kinds of financial backgrounds are able to experience a McDaniel education.

Our Financial Aid team is here to make the process go smoothly for you. We're here to ensure that you have the resources and support you need to achieve your academic goals.

See Undergraduate Tuition & Fees See Graduate Tuition & Fees

Learn About McDaniel's Merit Scholarships for Undergraduates

Two Steps to Unlocking Your Financial Aid

Complete your FAFSA What you need to know:

The FAFSA is a FREE application
You are required to complete the FAFSA each year to be eligible for federal and state aid, as well as McDaniel need-based grants.
The 2027-2028 FAFSA opens October 1.
McDaniel's school code is 002109

Calculate Your Estimated Cost Using the Net Price Calculator

This anonymous Net Price Calculator tool helps families plan for educational costs by providing an estimated financial aid package. The package includes an estimated net cost figure that reflects cost of attendance minus any scholarship or grant aid based on the 2026-2027 awarding rules.

Paying for College

There are many types of financial aid available to students pursuing a degree at McDaniel College. These can include grants, scholarships, student loans, and work-study programs. Financial aid specialists at McDaniel College can help you understand the financial aid opportunities available to you.

Scholarships Undergraduate students only

Merit scholarships are awarded to students based on the overall quality of their application for admission, including academic preparation and performance, leadership, community engagement and more.

Need-Based Grants Undergraduate students only

Need-based grants can be provided by the federal government, the state government or McDaniel College. Need-based grants are subject to change annually when you submit a new FAFSA.

Student & Parent Loans

Over 70% of college students nationwide utilize student loans to help fund their education. For many families, student and parent loans are an important piece of college financing.

I chose McDaniel because while researching colleges, I noticed that they cared for the students they reached out to. They worked with me, and when certain funding changed throughout my years on the Hill, McDaniel chose to support me and match what was taken away so that I did not have to worry about whether I could come back.

Quira Bolling ’26

Oct 1

FAFSA will be Available

for the 2026-2027 Academic Year

Jan 15

Spring Payment Deadline

Mar 1

Preferred FAFSA Deadline

FINAL DEADLINE FOR MARYLAND STATE GRANTS

Jul 15

Fall Payment Deadline

Aug 1

Making McDaniel Affordable

Two Steps to Unlocking Your Financial Aid

Complete your FAFSA What you need to know:

Calculate Your Estimated Cost Using the Net Price Calculator

Paying for College

Scholarships Undergraduate students only

Need-Based Grants Undergraduate students only

Student & Parent Loans

Unlock your Visit Incentive Grant

Financial Aid Deadlines

FAFSA will be Available

Spring Payment Deadline

Preferred FAFSA Deadline

Fall Payment Deadline

Final Deadline: Professional Judgement Appeal

Unlock your Visit Incentive Grant