In 2021, tuition for full-time students at Maine Maritime Academy was $11,250 a year for in-state students and $26,170 a year for out-of-state students.
On average, college tuition rises about 3%ba year.
If these numbers feel scary, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until you're done with college.
Tuition for international students at Maine Maritime Academy is $26,170 per year.
Maine Maritime Academy is a public, state institution, so it offers a reduced tuition rate of $11,250 for students who qualify as state residents and attend full-time. For students who are not considered Maine-residents, out-of-state tuition is $26,170 a year.
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..
Attending a school where you are eligible for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to check your state's criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently live 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 $26,170 per year, before any scholarships, grants or other financial aid.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at Maine Maritime Academy:
Tuition is not the only cost of attending college;room and board, books, transportation and fees are also costs it consider when planning for college. 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 $10,910 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Maine Maritime Academy's on-campus cafeterias and dining halls.
Board costs vary based on on the numnber of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. . The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs. Full-time undergrads at Maine Maritime Academy can expect to pay around $3,088 in fees each academic year.
Keep in mind, there could also be additional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school?. Will you need to pay to park on-campus? Is the campus walkable? Do you own a car, or will you need to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are not allowed to park a car on campus.
The location of a college or university can also have a big effect on 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 an urban area can be expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. Maine Maritime Academyis located in a small town setting in Maine.
When you're planning for college, don’t forget to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Maine Maritime Academy.
|2021 Total Tuition and Expenses|
|Room and Board||$10,910|
|Total Estimated Costs|
Tuition and fees may vary depending on program, course level, location, and more.
The majority of Maine Maritime Academy undergrads use financial aid to finance their education. In 2021, 747 of the 928 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|
|Maine Maritime Academy-Specific Loans||$0|
|Most Common Loans for Maine Maritime Academy Students|
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 2021, 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 2021. 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|
|Net In-state, Off-campus||$6,588|
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 understand 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 does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for Maine Maritime Academy students.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges 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.
Check the financial aid website for more information on payment plans and tuition waivers.
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