by our College Data Analytics TeamA large number of students are not billed 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 total price of attendance at Eastern Maine Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Eastern Maine Community College offer, and what will you qualify for? Keep reading for more information. Keep going to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Eastern Maine Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Eastern Maine Community College, 99% of first-time, full-time freshmen received some form of financial aid approximately 515 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $6,652 |
| Institutional grants & scholarships | 33% | $2,161 |
| Federal Pell grants | 51% | $5,246 |
| State/local grants | 59% | $4,293 |
| Federal student loans | 17% | $3,204 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Eastern Maine Community College, about 58% of undergraduates were awarded grant or scholarship aid averaging $6,859 (across roughly 1466 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $6,859 |
| Federal Pell grants | 36% | $6,083 |
| Federal student loans | 14% | $4,800 |
On-campus students receiving title-IV aid were awarded grants averaging $7,863.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,759 |
| $30,001 – $75,000 | $8,454 |
| Over $75,000 | $11,389 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,928 |
| Off-campus title-IV students | $8,036 |
For a customized cost estimate, visit Eastern Maine Community College’s online cost calculator: www.emcc.edu/wp-content/uploads/2023/02/index.html.
A typical borrower at Eastern Maine Community College leaves with $7,833 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,833 |
| Median federal debt (graduates only) | $11,293 |
| Typical 10-year monthly payment (graduates) | $119.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Eastern Maine Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,279 |
| 25th percentile | $3,500 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $20,472 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $7,900 |
| High income | $6,900 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,912 |
| Continuing-generation students | $7,479 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,750 |
| Independent students | $9,900 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Eastern Maine Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Eastern Maine Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6901 |
| Total Stafford loan amount | $68,796,486 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 19 |
| Total GI Bill amount | $33,382 |
| Average GI Bill amount per recipient | $1,757 |
References
More about our data sources and methodologies.