by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at University of Maine at Presque Isle can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can UMPI deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from University of Maine at Presque Isle.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at University of Maine at Presque Isle, 86% of new full-time first-years were awarded at least some aid approximately 95 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $8,704 |
| Institutional grants & scholarships | 74% | $3,204 |
| Federal Pell grants | 52% | $5,392 |
| State/local grants | 39% | $2,441 |
| Federal student loans | 41% | $4,184 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At UMPI, roughly 35% of undergraduate students received gift aid averaging $7,162 (across approximately 760 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $7,162 |
| Federal Pell grants | 24% | $4,841 |
| Federal student loans | 23% | $4,940 |
For students living on campus and receiving title-IV aid, grants averaged $12,078.
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 | $7,418 |
| $30,001 – $75,000 | $8,591 |
| Over $75,000 | $14,416 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $7,035 |
| Off-campus title-IV students | $10,757 |
For a customized cost estimate, visit UMPI’s NPC: www.umpi.edu/app/tuition-fees-estimator/.
The median federal debt load at UMPI comes to $8,275 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,275 |
| Median federal debt (graduates only) | $16,000 |
| Typical 10-year monthly payment (graduates) | $169.63/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at UMPI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,828 |
| 25th percentile | $3,850 |
| 75th percentile | $20,224 |
| 90th percentile (highest-debt students) | $29,105 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,275 |
| Middle income | $8,250 |
| High income | $8,628 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,090 |
| Continuing-generation students | $7,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,689 |
| Independent students | $7,856 |
A handful of calculated indicators summarize the debt outlook at UMPI.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at UMPI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4344 |
| Total Stafford loan amount | $53,110,867 |
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 | 90 |
| Total GI Bill amount | $195,041 |
| Average GI Bill amount per recipient | $2,167 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 31 |
| Total DoD amount | $42,854 |
| Average DoD amount per recipient | $1,382 |
References
More about our data sources and methodologies.