by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Saint Joseph’s College of Maine can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Saint Joseph’s Maine offer you, and what will you qualify for? Read on for more information. Keep scrolling to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Saint Joseph’s College of Maine.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Saint Joseph’s College of Maine, 100% of entering full-time freshmen got some type of financial assistance some 232 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $31,558 |
| Institutional grants & scholarships | 100% | $28,716 |
| Federal Pell grants | 37% | $5,103 |
| State/local grants | 32% | $2,270 |
| Federal student loans | 79% | $5,504 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Saint Joseph’s Maine, roughly 72% of undergrads got grants or scholarships worth on average $27,141 (covering around 763 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $27,141 |
| Federal Pell grants | 24% | $4,850 |
| Federal student loans | 60% | $6,664 |
Title-IV recipients living on campus saw average grant aid of $32,227.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,645 |
| $30,001 – $75,000 | $30,300 |
| Over $75,000 | $34,095 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,555 |
| Off-campus title-IV students | $24,666 |
For a customized cost estimate, visit Saint Joseph’s Maine’s net price calculator: www.sjcme.edu/admissions/oncampus/costs-and-billing/calculators/.
Graduating students at Saint Joseph’s Maine carry a median federal student debt of $19,576 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,576 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Saint Joseph’s Maine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,177 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $30,124 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $16,750 |
| High income | $23,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $23,149 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,757 |
| Independent students | $9,917 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Saint Joseph’s Maine.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Saint Joseph’s Maine:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7388 |
| Total Stafford loan amount | $135,774,175 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $333,071 |
| Average GI Bill amount per recipient | $12,336 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 14 |
| Total DoD amount | $45,182 |
| Average DoD amount per recipient | $3,227 |
References
More about our data sources and methodologies.