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2021 Best Colleges for the Money in Maine

17 Colleges
$30,824 Avg Cost*
4.3 Years Avg Time to Graduate*

It's not easy to decide which college to attend when you have so many options available. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our Best Value Maine Schools 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 in Maine. Quality is an important component in this ranking, so it is not just naming the schools with the cheapest price tag. Instead, it is identifying those institutions that offer the most value when taking their educational quality into consideration. Because of this, it is possible for one college to rank better than another, even if the latter college has a lower average cost.

Find out more about our ranking methodology.

When determining average cost, we look at total expenses, such as tuition, fees, books and supplies, room and board, and other living expenses, and then deduct the average amount of financial aid awarded to a student. This estimate is meant to give you a better picture of how much money you'll have to pay each year, either through self-pay, loans, or external scholarships.

One Size Does Not Fit All

We know that one set of rankings doesn't always help you determine the best school for you, so we've created the ability to narrow your list by location and field of study as well as alternative rankings that prioritize different factors, such as those of importance to veterans and returning adults or those seeking diversity and overall quality.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. If you're torn between two schools, you can use it to help you see how they stack up against one another!

Top Colleges for the Money in Maine

Learn more about these excellent schools below:

#1

University of Maine

Orono, Maine

Our 2021 rankings named University of Maine the best school for overall value in Maine for students working on their bachelor’s degree. Located in Orono, Maine, the fairly large public school handed out 1,739 bachelor’s degrees in 2018-2019.

It takes about 4.4 years for the average student at UMaine to complete their degree, and the estimated yearly cost for the school is $18,073. This makes the estimated cost of a bachelor’s degree from UMaine be around $79,340. Graduating sooner can prevent you from having to pay more money out of pocket.

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#2

Maine Maritime Academy

Castine, Maine

The excellent bachelor’s degree programs at Maine Maritime Academy helped the school earn the #2 place on this year’s ranking of the best schools for the money in Maine. This small public school is located in Castine, Maine, and it awarded 207 bachelor’s degrees in 2018-2019.

It takes about 4.3 years for the average student at Maine Maritime to complete their degree, and the average full-time cost to attend the school is around $24,010. Thus, the average cost to get a bachelor’s degree from the Maine Maritime is $103,963. When students graduate in a lesser amount of time, they can save thousands of dollars.

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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#3

College of the Atlantic

Bar Harbor, Maine

You’ll join some of the best and brightest minds around if you attend College of the Atlantic. The school came in at #3 in Maine on this year’s best value ranking. Located in Bar Harbor, Maine, the small private not-for-profit school awarded 83 diplomas to qualifed bachelor’s degree students in 2018-2019.

At College of the Atlantic, the average time it takes a student to graduate is 4.3 years, and it costs about $23,301 per year to attend the school. This makes the estimated cost of a bachelor’s degree from College of the Atlantic be around $99,961. The sooner a student graduates, the more money they can save.

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 did well in our quality rankings, too. It placed #5 on our Best Colleges in Maine list.

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A rank of #4 on our Best Colleges for the Money in Maine list means University of Maine at Farmington is a great place for students working on their bachelor’s degree. This small public school is located in Farmington, Maine, and it awarded 372 bachelor’s degrees in 2018-2019.

At UMaine Farmington, the average time it takes a student to graduate is 4.3 years, and on average, the annual cost to attend the school is $16,801. This makes the estimated cost of a bachelor’s degree from UMaine Farmington be around $72,076. When students graduate in a lesser amount of time, they can save thousands of dollars.

The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.

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#5

University of Southern Maine

Portland, Maine

You’ll join some of the best and brightest minds around if you attend University of Southern Maine. The school came in at #5 in Maine on this year’s best value ranking. Located in Portland, Maine, the medium-sized public school handed out 1,123 bachelor’s degrees in 2018-2019.

It takes about 4.6 years for the average student at University of Southern Maine to complete their degree, and it costs about $18,095 per year to attend the school. This makes the estimated cost of a bachelor’s degree from University of Southern Maine be around $83,056. The sooner a student graduates, the more money they can save.

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#6

Bowdoin College

Brunswick, Maine

With a ranking of #6, 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 awarded 664 diplomas to qualifed bachelor’s degree students in 2018-2019.

The average amount of time it takes for a student to receive their degree at Bowdoin is 4.1 years, and the average full-time cost to attend the school is around $52,816. This makes the estimated cost of a bachelor’s degree from Bowdoin be around $215,489. When you graduate sooner, you can save a lot of money.

The impressive student-to-faculty rate of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Bowdoin also took the #1 spot in our Best Colleges in Maine rankings.

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#7

Colby College

Waterville, Maine

Colby College came in at #7 in this year’s edition of the Best Colleges for the Money in Maine ranking. Colby College is a small private not-for-profit school located in Waterville, Maine that handed out 608 bachelor’s degrees in 2018-2019.

The average amount of time it takes for a student to receive their degree at Colby is 4.0 years, and it costs about $52,423 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the Colby is $211,265. When students graduate in a lesser amount of time, they can save thousands of dollars.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. In addition to its best value ranking, and one of the reasons why the school is on the list, Colby is ranked #2 for overall quality in Maine.

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University of Maine at Machias came in at #8 in this year’s edition of the Best Colleges for the Money in Maine ranking. University of Maine-Machias is a small public school situated in Machias, Maine. It awarded 74 bachelor’s degrees in 2018-2019.

It takes the average student at University of Maine-Machias about 4.6 years to graduate, and it costs about $15,280 per year to attend the school. This makes the estimated cost of a bachelor’s degree from University of Maine-Machias be around $70,594. The sooner a student graduates, the more money they can save.

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#9

Bates College

Lewiston, Maine

With a ranking of #9, Bates College did quite well on the 2021 Best Colleges for the Money in Maine list. Lewiston, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelor’s degrees to 565 students in 2018-2019.

The average student at Bates graduates in less than 4.0 years, and the estimated yearly cost for the school is $54,710. This means that the average student pays around $221,028 to get a bachelor’s degree from Bates. When you graduate sooner, you can save a lot of money.

With a freshman retention rate of 95%, the school does an excellent job of retaining its students. In addition to its best value ranking, and one of the reasons why the school is on the list, Bates is ranked #3 for overall quality in Maine.

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#10

University of Maine at Fort Kent

Fort Kent, Maine

University of Maine at Fort Kent landed the #10 spot on the 2021 Best Value Colleges in Maine ranking. UMFK is a public institution located in Fort Kent, Maine. The school has a small population, and it awarded 241 bachelor’s degrees in 2018-2019.

At UMFK, the average time it takes a student to graduate is 4.5 years, and on average, the annual cost to attend the school is $18,222. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from UMFK is $81,452. When students graduate in a lesser amount of time, they can save thousands of dollars.

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#11

Husson University

Bangor, Maine

Husson University landed the #11 spot on the 2021 Best Value Colleges in Maine ranking. Husson is a small private not-for-profit school situated in Bangor, Maine. It awarded 500 bachelor’s degrees in 2018-2019.

At Husson, the average time it takes a student to graduate is 4.6 years, and it costs about $23,947 per year to attend the school. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Husson is $111,114. If you can shave even one term off your degree, you can save a substantial amount of money.

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#12

Unity College

Unity, Maine

With a ranking of #12, Unity College did quite well on the 2021 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 yearly average cost to attend the school is $29,629. This means that the average student pays around $122,664 to get a bachelor’s degree from Unity. When students graduate in a lesser amount of time, they can save thousands of dollars.

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With a ranking of #13, 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 it costs about $17,967 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the UMA is $89,296. When you graduate sooner, you can save a lot of money.

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#14

University of New England

Biddeford, Maine

University of New England ranked #14 on this year’s 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.

The average amount of time it takes for a student to receive their degree at UNE is 4.1 years, and the yearly average cost to attend the school is $47,935. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from UNE is $195,575. If you can shave even one term off your degree, you can save a substantial amount of money.

The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

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Saint Joseph’s College of Maine landed the #15 spot on the 2021 Best Value Colleges in Maine ranking. Saint Joseph’s Maine is located in Standish, Maine and has a small student population. In 2018-2019, this school awarded 333 bachelor’s degrees to qualified undergradutates.

The average student at Saint Joseph’s Maine graduates in less than 4.2 years, and the yearly average cost to attend the school is $40,073. This makes the estimated cost of a bachelor’s degree from Saint Joseph’s Maine be around $168,307. When students graduate in a lesser amount of time, they can save thousands of dollars.

The low student loan default rate of 3.3% 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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#16

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 #16. Portland, Maine is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelor’s degrees to 73 students in 2018-2019.

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. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from MECA „ Meca „ Portland School of Art is about $143,566. Graduating sooner can prevent you from having to pay more money out of pocket.

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#17

Thomas College

Waterville, Maine

With a ranking of #17, Thomas College did quite well on the 2021 Best Colleges for the Money in Maine list. Thomas College is a small private not-for-profit school situated in Waterville, Maine. It awarded 202 bachelor’s degrees in 2018-2019.

It takes the average student at Thomas College about 4.1 years to graduate, and it costs about $35,020 per year to attend the school. This makes the estimated cost of a bachelor’s degree from Thomas College be around $144,633. When students graduate in a lesser amount of time, they can save thousands of dollars.

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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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