by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at University of New England can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can UNE deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from University of New England.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at University of New England, 100% of first-time, full-time freshmen received some form of financial aid roughly 588 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,255 |
| Institutional grants & scholarships | 98% | $22,073 |
| Federal Pell grants | 21% | $5,085 |
| State/local grants | 10% | $2,130 |
| Federal student loans | 75% | $5,205 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 56% of the undergraduate population received grant aid that averaged $22,505 (among about 2169 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $22,505 |
| Federal Pell grants | 12% | $5,182 |
| Federal student loans | 41% | $6,528 |
For students living on campus and receiving title-IV aid, grants averaged $25,138.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $33,326 |
| $30,001 – $75,000 | $32,082 |
| Over $75,000 | $39,071 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $38,107 |
| Off-campus title-IV students | $37,109 |
For a customized cost estimate, visit UNE’s net price calculator: www.une.edu/sfs/undergraduate/costs.
Graduating students at UNE carry a median federal student debt of $20,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,000 |
| Median federal debt (graduates only) | $25,250 |
| Typical 10-year monthly payment (graduates) | $267.69/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at UNE.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,250 |
| 25th percentile | $8,815 |
| 75th percentile | $30,600 |
| 90th percentile (highest-debt students) | $36,200 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,250 |
| Middle income | $22,625 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $21,354 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. UNE.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at UNE:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22199 |
| Total Stafford loan amount | $1,017,367,153 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 38 |
| Total GI Bill amount | $884,700 |
| Average GI Bill amount per recipient | $23,282 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $10,500 |
| Average DoD amount per recipient | $955 |
References
More about our data sources and methodologies.