Maryland has 21 private and 14 public 4-year colleges that enroll 23,697 first-year students yearly. The average tuition of public colleges is $23,828 for in-state students and $36,822 for out-of-state and international students.

Private colleges in Maryland charge around $31,821 per year in tuition regardless of residency.

In the 2021-2022 academic year, Maryland provided $23.6 million in financial aid to 4,156 students who enrolled in 4-year colleges for the first time as undergraduates. In addition, the colleges themselves awarded $206.8 million in grants and scholarships to 13,249 students.

Maryland receives 1.4% of the total pell grant the federal government allocates. In the 2021-2022 academic year, 5,934 4-year college first-year undergraduates were awarded a total amount of $30 million in pell grant ($5,085 per student on average), and 7,705 students received a total amount of $40.2 million in the form of student loans from the federal government ($5,330 per student on average).