How Much Financial Aid is Available?
University of Maine's normal financial aid offer for new first year students is $17,900. Approximately 90.0% of new students receive some form of financial aid, most of which is scholarships and grants.
A financial aid package contains scholarships, grants, and student loans. However, loans must be paid off, so they aren't a true discount.
Student debt really should be thought of as an added expense rather than as "aid" or a "discount". Read more about student loan debt at UMaine.
How Much Is Offered in Grants & Scholarships?
The numbers below apply to grants and scholarships primarily offered by University of Maine.
87.0% of incoming freshmen (1,749 total) were awarded scholarships at University of Maine, averaging $7,615 per person. This puts it in the middle 20th percentile of all schools in the country.
As well as scholarships, 36.0% of first year students (731 total) got a federal grant, for about $5,162 a person.
How are grants and scholarships allocated to freshmen at UMaine? Look at the data below.
Grants are typically based on need while scholarships are based on merit or ability.
How Family Income Affects Aid
The below chart demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||11.4%||$3,498|
Title IV aid features loans, grants, or work-study given by the federal government generally determined by need. Learn more here.
$9,124 is the Standard Total an Undergraduate Will Get in Scholarships or Grants
Of the 9,297 undergraduate students at University of Maine around 72.0% (6,682 in total) obtain some kind of grant aid. The typical quantity given was $9,124.
Financial Aid Links from University of Maine
|Financial Aid Department Website||www.umaine.edu/stuaid/|
|Net Price Calculator||www.umaine.edu/netpricecalculator/|