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2021 Best Colleges for the Money (With Aid) in Maine

17 Colleges
$24,313 Avg Cost (With Aid)*
4.3 Years Avg Time to Graduate*

There are lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our Best Maine Schools For The Money For Those Getting Aid ranking is one tool we have developed to help in this regard.

We analyzed 17 colleges and universities to determine which were the best for overall value for the money with aid in Maine. It's important to note that this isn't just a listing of colleges and universities with the lowest sticker price. Instead, this ranking identifies schools that offer a high quality educational experience at a lower-than-expected price. So it is possible that College A may rank better than College B, while College B is less expensive to attend.

Get more details on our ranking methodology.

Our average cost calculation adds up all expenses, such as tuition, fees, room and board, books and supplies, and other expenses, and then subtracts the average financial aid awarded to a student. This gives a rough estimation of how much money you can expect to pay out-of-pocket or through loans each year.

Custom Rankings

We've developed a number of other tools and rankings to help you make your college decision. Start by filtering this list by location or field of study and then explore our other rankings that feature schools great for different groups of students such as veterans or returnings adults.

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. Test it out by comparing your favorite schools against others you are considering!

Top Colleges for the Money (With Aid) in Maine

Learn more about these excellent schools below:

#1

Maine Maritime Academy

Castine, Maine

Our 2021 rankings named Maine Maritime Academy the best school for overall value for the money with aid in Maine for students working on their bachelor’s degree. Maine Maritime Academy is a small public school located in Castine, Maine that handed out 207 bachelor’s degrees in 2018-2019.

It takes the average student at Maine Maritime about 4.3 years to graduate, and the estimated yearly cost for the school is $21,093 for students who receive aid. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Maine Maritime is $91,333. If you can shave even one term off your degree, you can save a substantial amount of money.

The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%. In addition to its best value ranking, and one of the reasons why the school is on the list, Maine Maritime is ranked #4 for overall quality in Maine.

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#2

University of Maine

Orono, Maine

A rank of #2 on our Best Colleges for the Money in Maine list means University of Maine is a great place for students working on their bachelor’s degree. UMaine is a fairly large public school situated in Orono, Maine. It awarded 1,739 bachelor’s degrees in 2018-2019.

It takes the average student at UMaine about 4.4 years to graduate, and on average, the annual cost to attend the school is $16,307 for students who receive aid. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from UMaine is about $71,588. Graduating sooner can prevent you from having to pay more money out of pocket.

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#3

College of the Atlantic

Bar Harbor, Maine

The excellent bachelor’s degree programs at College of the Atlantic helped the school earn the #3 place on this year’s ranking of the best schools for the money in Maine. College of the Atlantic is a small private not-for-profit school situated in Bar Harbor, Maine. It awarded 83 bachelor’s degrees in 2018-2019.

The average student at College of the Atlantic graduates in less than 4.3 years, and it costs students who receive aid about $21,982 per year to attend the school. This means that the average student pays around $94,303 to get a bachelor’s degree from College of the Atlantic. Graduating sooner can prevent you from having to pay more money out of pocket.

The low student loan default rate of 2.8% 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%. College of the Atlantic also made our Best Colleges in Maine list, coming in at #5.

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The excellent bachelor’s degree programs at University of Maine at Farmington helped the school earn the #4 place on this year’s ranking of the best schools for the money in Maine. UMaine Farmington is located in Farmington, Maine and has a small student population. In 2018-2019, this school awarded 372 bachelor’s degrees to qualified undergradutates.

It takes the average student at UMaine Farmington about 4.3 years to graduate, and the average full-time cost to attend the school for students who receive aid is around $15,504. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from UMaine Farmington is $66,512. Graduating sooner can prevent you from having to pay more money out of pocket.

The student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%.

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#5

Colby College

Waterville, Maine

Out of the 17 schools in Maine that were part of this year’s ranking, Colby College landed the #5 spot on the list. Colby is located in Waterville, Maine and has a small student population. In 2018-2019, this school awarded 608 bachelor’s degrees to qualified undergradutates.

The average student at Colby graduates in less than 4.0 years, and on average, the annual cost to attend the school is $30,382 for students who receive aid. This means that the average student pays around $122,439 to get a bachelor’s degree from Colby. The sooner a student graduates, the more money they can save.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. Colby did well in our quality rankings, too. It placed #2 on our Best Colleges in Maine list.

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#6

Bates College

Lewiston, Maine

Bates College came in at #6 in this year’s edition of the Best Colleges for the Money in Maine ranking. Bates is a small private not-for-profit school situated in Lewiston, Maine. It awarded 565 bachelor’s degrees in 2018-2019.

It takes the average student at Bates about 4.0 years to graduate, and the average full-time cost to attend the school for students who receive aid is around $30,748. This means that the average student pays around $124,222 to get a bachelor’s degree from Bates. If you can shave even one term off your degree, you can save a substantial amount of money.

The low student loan default rate of 1.4% 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%. Bates also took the #3 spot in our Best Colleges in Maine rankings.

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#7

Bowdoin College

Brunswick, Maine

With a ranking of #7, Bowdoin College did quite well on the 2021 Best Colleges for the Money in Maine list. Located in Brunswick, Maine, the small private not-for-profit school handed out 664 bachelor’s degrees in 2018-2019.

At Bowdoin, the average time it takes a student to graduate is 4.1 years, and the average full-time cost to attend the school for students who receive aid is around $31,833. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Bowdoin is $129,879. When students graduate in a lesser amount of time, they can save thousands of dollars.

Since the school has a student-to-faculty rate of 9 to 1, those pursuing a bachelor’s degree will have more opportunities to interact with their professors. Bowdoin also took the #1 spot in our Best Colleges in Maine rankings.

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#8

University of Southern Maine

Portland, Maine

University of Southern Maine ranked #8 on this year’s Best Colleges for the Money in Maine list. Located in Portland, Maine, the medium-sized public school awarded 1,123 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average student at University of Southern Maine graduates in less than 4.6 years, and it costs students who receive aid about $15,099 per year to attend the school. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from University of Southern Maine is $69,304. When you graduate sooner, you can save a lot of money.

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University of Maine at Fort Kent came in at #9 in this year’s edition of the Best Colleges for the Money in Maine ranking. Located in Fort Kent, Maine, the small public school awarded 241 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average student at UMFK graduates in less than 4.5 years, and the yearly average cost to attend the school is $14,778 for students who receive aid. Thus, the average cost to get a bachelor’s degree from the UMFK is $66,058. Graduating sooner can prevent you from having to pay more money out of pocket.

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University of Maine at Machias ranked #10 on this year’s Best Colleges for the Money in Maine list. Located in Machias, Maine, the small public school awarded 74 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average student at University of Maine-Machias graduates in less than 4.6 years, and on average, the annual cost to attend the school is $12,334 for students who receive aid. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from University of Maine-Machias is $56,983. The sooner a student graduates, the more money they can save.

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With a ranking of #11, University of Maine at Augusta did quite well on the 2021 Best Colleges for the Money in Maine list. UMA is a public institution located in Augusta, Maine. The school has a small population, and it awarded 414 bachelor’s degrees in 2018-2019.

The average student at UMA graduates in less than 5.0 years, and the estimated yearly cost for the school is $15,410 for students who receive aid. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from UMA is $76,588. The sooner a student graduates, the more money they can save.

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#12

Husson University

Bangor, Maine

Husson University ranked #12 on this year’s Best Colleges for the Money in Maine list. Located in Bangor, Maine, the small private not-for-profit school handed out 500 bachelor’s degrees in 2018-2019.

The average student at Husson graduates in less than 4.6 years, and on average, the annual cost to attend the school is $22,670 for students who receive aid. Thus, the average cost to get a bachelor’s degree from the Husson is $105,189. If you can shave even one term off your degree, you can save a substantial amount of money.

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#13

University of New England

Biddeford, Maine

With a ranking of #13, University of New England did quite well on the 2021 Best Colleges for the Money in Maine list. This medium-sized private not-for-profit school is located in Biddeford, Maine, and it awarded 533 bachelor’s degrees in 2018-2019.

It takes the average student at UNE about 4.1 years to graduate, and on average, the annual cost to attend the school is $39,622 for students who receive aid. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from UNE is about $161,658. If you can shave even one term off your degree, you can save a substantial amount of money.

The low student loan default rate of 2.4% 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%.

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#14

Unity College

Unity, Maine

Unity College ranked #14 on this year’s Best Colleges for the Money in Maine list. Unity, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelor’s degrees to 158 students in 2018-2019.

The average student at Unity graduates in less than 4.1 years, and the estimated yearly cost for the school is $29,495 for students who receive aid. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Unity is $122,109. When you graduate sooner, you can save a lot of money.

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Saint Joseph’s College of Maine ranked #15 on this year’s Best Colleges for the Money in Maine list. Saint Joseph’s College of Maine is a small private not-for-profit school located in Standish, Maine that handed out 333 bachelor’s degrees in 2018-2019.

It takes about 4.2 years for the average student at Saint Joseph’s Maine to complete their degree, and the estimated yearly cost for the school is $33,357 for students who receive aid. This makes the estimated cost of a bachelor’s degree from Saint Joseph’s Maine be around $140,099. When students graduate in a lesser amount of time, they can save thousands of dollars.

The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.

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#16

Thomas College

Waterville, Maine

Thomas College landed the #16 spot on the 2021 Best Value Colleges in Maine ranking. Located in Waterville, Maine, the small private not-for-profit school awarded 202 diplomas to qualifed bachelor’s degree students in 2018-2019.

At Thomas College, the average time it takes a student to graduate is 4.1 years, and the yearly average cost to attend the school is $26,990 for students who receive aid. Thus, the average cost to get a bachelor’s degree from the Thomas College is $111,469. The sooner a student graduates, the more money they can save.

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#17

Maine College of Art

Portland, Maine

Maine College of Art did quite well in the 2021 Best Value Colleges in Maine ranking, coming in at #17. MECA „ Meca „ Portland School of Art is located in Portland, Maine and has a small student population. In 2018-2019, this school awarded 73 bachelor’s degrees to qualified undergradutates.

At MECA „ Meca „ Portland School of Art, the average time it takes a student to graduate is 4.0 years, and the estimated yearly cost for the school is $35,713 for students who receive aid. This means that the average student pays around $143,566 to get a bachelor’s degree from MECA „ Meca „ Portland School of Art. Graduating sooner can prevent you from having to pay more money out of pocket.

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Notes and References

Footnotes

*These averages are for the top 17 schools only.

  • For our state-specific rankings, we use in-state tuition to calculate average cost. For our national and regional rankings, we use a weighted average of in-state and non-resident tuition.

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%.

More about our data sources and methodologies.

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