In 2022, tuition for full-time students at Maine Maritime Academy was $11,474 a year for in-state students and $26,954 a year for out-of-state students.
On average, college tuition rises about 3% year.
If these numbers sound impossible, remember, the "sticker price" of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.
Tuition for international students at Maine Maritime Academy is $26,954 per year.
Maine Maritime Academy is a public, state institution, which means it offers a reduced tuition rate of $11,474 for in-state students who attend full-time.Non-Maine residents can expect to pay 26,954 per year for tuition.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to check your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on the state you and your parents currently reside in.
Maine Maritime Academy has the same tuition for international students as for those from out of state.
International students at Maine Maritime Academy usually pay around $26,954 per year, before any scholarships, grants or other financial aid.
International students usually do not qualify for for federal financial aid, but may qualify for private or Maine Maritime Academy-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at Maine Maritime Academy:
•On-campus jobs •Loans from outsideMaine Maritime Academy •Maine Maritime Academy-specific loans
In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Maine Maritime Academy.
Housing and campus dining at Maine Maritime Academy costs $11,236 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the school dining facilities. Students who do not live on-campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of board-only is $4,491.
Meal-plan costs can depend on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The total cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are not allowed to park a car on campus.
A school's location can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is usually pricey, but cities may offer more buses, trains and affordable flights to actually get to school. The Maine Maritime Academy campus is in a small town setting in Maine.
When estimating your budget for college, be sure to take into account personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Maine Maritime Academy.
What will the cost of attending Maine Maritime Academy be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
---|---|
In-state Tuition | $11,474 |
Out-of-State Tuition | $26,954 |
Room and Board | $11,236 |
Board Only | $6,747 |
Other expenses | $2,000 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
Maine Maritime Academy’s tuition and fees change based on: •Academic program for part-time students •Course load for both full and part-time students
The majority of Maine Maritime Academy undergrads use financial aid to finance their education. In 2022, 747 of the 871 undergrads enrolled received financial aid. Maine Maritime Academy meets 43% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $7,750 a year. Around 88% of Maine Maritime Academy undergrads take out student loans to cover any remaining costs. Maine Maritime Academy graduates who have student loans graduate with an average of $40,909 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $19,599 |
Private Loans | $0 |
Most Common Loans for Maine Maritime Academy Students | |
---|---|
Federal Loans | 87% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Maine Maritime Academy financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Maine Maritime Academy awarded 543 need-based scholarships to students, giving away total of $3.3 million to help students with financial need cover the cost of school. An additional $480000 thousand in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Maine Maritime Academy students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Maine Maritime Academy was $7,750 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Maine Maritime Academy seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
In-State, On-Campus | $13,598 |
Net In-state, Off-campus | $16,859 |
Out-of-State, On-Campus | $36,828 |
What will attending Maine Maritime Academy really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Maine Maritime Academy's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Maine Maritime Academy offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Maine Maritime Academy has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
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Tuition & Fees
$27,098
In State$42,578
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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