The following is from UMD’s website Office of Undergraduate Admissions | Freshman Merit Scholarships
The President’s Scholarship provides four-year scholarship ranging from $2,000 to $12,500 per year. Both in-state and out-of-state applicants are eligible to receive the President’s Scholarship. Recipients are identified through evaluation of admission application materials including academic achievement, extracurricular activities, awards, honors and an essay. Selected students will be notified of their scholarship by April 1.