Banneker/Key Scholars Program Information

1. Overview
2. Special Events & Activities
3. On-Campus Housing and Dining
4. Book Allowance
5. Internship, Cooperative Education, and Study Abroad Programs
6. Academic Requirements
7. Rules for Accepting Multiple Scholarships
8. Preparing for National Awards and Scholarships
9. More Information About Financial Matters
10. Contact Us


 

1. Overview
The Banneker/Key is Maryland's most prestigious scholarship. There are two levels of funding. The first level provides full tuition, residence hall room, and basic resident dining plan for four years. The second level provides a partial tuition scholarship each year for four years. Both levels of the scholarship include an additional book allowance each year. On campus, we make no distinction between "full" and "partial" Banneker/Key Scholars, except in the confidential records of the Office of Undergraduate Admission and Office of Student Financial Aid.

2. Special Events & Activities
One of the highlight events for first-year Banneker/Key Scholars is the annual President's reception. This is a great opportunity for students to meet President and Mrs. Loh, deans, faculty, some of our generous scholarship donors, and other Banneker/Key Scholars. Banneker/Key Scholars will gather for events and service projects throughout the year.

The student initiated and student run Banneker/Key Community Council (BKCC) hosts occasional academic, social, and recruiting events for the Banneker/Key community. If you are interested in getting involved as a student leader in the BKCC, please contact bannekerkeycc@gmail.com.

3. On-Campus Housing and Dining
Entering Banneker/Key Scholars are strongly encouraged to live in the Honors residence halls at the beginning of their college careers and are automatically assigned to Honors housing unless the student requests other housing. For questions concerning housing and dining plans, please visit the Department of Resident Life Housing Commitment PolicyDepartment of Resident Life, and Department of Dining Services. The full Banneker/Key Scholarship covers the cost of residence hall housing and the cost of the traditional resident dining plan. If available, students may choose a more expensive housing option or meal plan and pay the difference in expense. If a student wishes to live off-campus, the portion of the full Banneker/Key scholarship not used will be credited to the student's account and a check for the account credit will be sent to the student's permanent address at the beginning of the term.

4. Book Allowance
All Banneker/Key Scholars receive a book allowance each year. (Check the current-year Scholarship Program Policy for the amount in this academic year.) One-half of the book allowance is credited to the student's financial aid account at the beginning of each term. If the student has a credit in the account at the beginning of the term, then a check for the credit amount will be mailed to the student's home address or the student can sign-up for direct deposit to a personal bank account. This allows students to purchase books from any vendor at any time.

5. Internship, Cooperative Education, and Study Abroad Programs
There are many opportunities for Banneker/Key Scholars to participate in exceptional research, internships and cooperative education experiences on and off campus. These programs provide opportunities for scholars to test classroom learning in the world of work, explore career possibilities, and enhance personal and professional development prior to graduation, as well as serve the community through volunteer experiences. For further information, visit the Career Center.

Check out Maryland's vibrant Study Abroad Programs. Banneker Key students who plan to participate in cooperative education or study abroad should contact their Honors advisor, study abroad advisor, and the Office of Student Financial Aid the semester before travel begins to ensure proper allocation of the scholarship. In many cases, the Banneker Key Scholarship can be applied toward the costs of studying abroad.

6. Academic Requirements
Banneker/Key Scholars must maintain a cumulative grade point average of 3.20 or better each semester and complete a minimum number of credits per year. Please see the Banneker/Key Scholarship Policy Statement for details. Credits earned during the winter or summer terms will count towards the credit requirement for the year; but the cost of winter and summer courses are not covered by the scholarship.  The academic year begins in the fall and ends with the close of the summer term.  For example, credits earned in summer 2016 will count toward the 2015-2016 academic year.

Students who anticipate that they may fall below the minimum GPA requirements or the minimum credit level for the scholarship are encouraged to contact the Banneker/Key advisor right away at bannekerkey@umd.edu. Students who fall below a cumulative grade point average of 3.20 are permitted a one-time/one-semester grace period to allow them to re-qualify for their scholarship. Students who find that they need to request an exception due to extenuating circumstances can do so in writing to the Scholarship Appeal Committee at sfa-scholarships@umd.edu and contact bannekerkey@umd.edu with questions.

7. Rules for Accepting Multiple Scholarships
Full Banneker/Key Scholars who are also awarded other scholarships, such as Maryland Distinguished Scholarship, are often eligible to receive their Banneker/Key Scholarship in conjunction with outside funds up to the amount of the University of Maryland's Cost of Attendance as determined by the Office of Student Financial Aid (available in the Banneker/Key Scholarship Policy Statement). Partial Banneker/Key Scholars are able to accept all outside scholarships up to the University of Maryland's Cost of Attendance. Banneker/Key Scholars are encouraged to report all additional scholarships to the Office of Student Financial Aid as soon as possible.

8. Preparing for National Awards and Scholarships
Want to travel or study after you graduate? Want to win a nationally/internationally prestigious award to attend graduate school after you graduate from Maryland? Banneker/Key Scholars are very competitive candidates for national awards and scholarships. However, successful applications for awards such as the Rhodes, Marshall, Fulbright, Truman, and Goldwater and others require early preparation and planning, even beginning in the freshman year. Visit the National Scholarships Office web site. Make time during your first year on campus to meet your National Scholarships Office advisor and learn about opportunities that will be a good match for your interests.

9. For More Information about Financial Matters
For more information about the award and benefits of the Banneker/Key Scholarship, please visit the Banneker/Key Scholarship Policy Statement for the year in which you entered Maryland. This document answers many frequently asked questions about the Banneker/Key Scholarship.

It is possible that a portion of your Banneker/Key Scholarship could be taxable.  Remember to download a copy of your 1098-T IRS form at the beginning of each year. This form will show you exactly what part of your scholarship has been reported to the IRS as taxable income.  If you have questions, please contact the Office of the Bursar at 301-314-9000.

10. Still Have Questions?
Please feel free to be in touch!

Contact us at:

Erin Wessell, Associate Director, Honors College at: ewessell@umd.edu
301-405-1220

Or 
Dean Hebert, Assistant Director, Honors College at: dhebert@umd.edu
301-405-6775