2023 Best Value Engineering Schools in Maine For Those Getting Aid
2
Ranked Colleges
415
Degrees Awarded
$18,500
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Engineering Schools in Maine For Those Getting Aid” ranking.
Engineering is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2020-2021, 198,468 degrees were awarded to students with this major. In 2019-2020, engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,653 and had an average of $23,855 in loans still to pay off.
Across Maine, there were 415 engineering graduates with average earnings and debt of $65,866 and $26,779 respectively.
This year’s “Best Value Engineering Schools in Maine For Those Getting Aid” ranking analyzed 2 colleges that offered a degree in engineering. Not only do the schools that top this list have excellent engineering programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
More Ways to Rank Engineering Schools
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Schools in Maine For Those Getting Aid” list, to help you choose the best school for you.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Engineering Schools in Maine For Those Getting Aid
The following schools top our list of the Best Best Value Engineering Schools in Maine For Those Getting Aid.
Top 2 Best Value Colleges for Engineering in Maine (With Aid)
You’ll join some of the best and brightest minds around if you attend Maine Maritime Academy. The school came in at #1 for the Best Value Engineering Schools in Maine For Those Getting Aid. Maine Maritime is a small school located in Castine, Maine that handed out 93 ’s engineering degrees in 2020-2021.
Maine Maritime did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools in Maine” list. The estimated yearly cost for Maine Maritime Academy is $20,970 for Maine Engineering students with aid.
With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 2.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Maine Maritime Academy Engineering Report
Out of the 2 schools in the Best Value Engineering Schools in Maine For Those Getting Aid that were part of this year’s ranking, University of Maine landed the #2 spot on the list. This fairly large school is located in Orono, Maine, and it awarded 254 ’s engineering degrees in 2020-2021.
UMaine not only placed well in this ranking. It is also #2 on our “Best Engineering Schools in Maine” list. The estimated yearly cost for UMaine is $16,033 for maine engineering students with aid.
The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Engineering at UMaine
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
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