Maine Maritime Academy

In 2015, 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.

Usually, colleges raise tuition about 3% each year.

Remember, the displayed price of tuition does not always tell the full story. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theprice of collegefeel more doable until you're done with college.

Tuition for international students at Maine Maritime Academy is $26,954 per year.

Maine Maritime Academy meets 49.42% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Maine Maritime Academy is around $13,871 a year.

In 2020, students graduated with an average of $50,107 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Maine Maritime Academy

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. For non-Maine residents, out-of-state tuition is $26,954 a year.

Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to verify your state's requirements for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. 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 additional requirements as well, depending on where you live.

Explore other Maine colleges

Tuition for International Students at Maine Maritime Academy

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 or financial aid.

International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or Maine Maritime Academy-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships.

---

Maine Maritime Academy Room, Board, Fees, and More

---

In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Maine Maritime Academy.

Room and Board Costs at Maine Maritime Academy

Housing and campus dining at Maine Maritime Academy costs $11,926 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows 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 $4,750.

Meal-plan costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Maine Maritime Academy?

The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Transportation costs

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 walkable? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city is often costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. Maine Maritime Academyis located in a town in Maine.

Other Costs

When budgeting for college, don’t forget to take into account personal expenses, like entertainment, clothes, furnishings and toiletries.

---

Financial Breakdown for Maine Maritime Academy

---

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.

Total Cost of Maine Maritime Academy

What will the cost of attending Maine Maritime Academy be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$11,474
Out-of-State Tuition	$26,954
Room and Board	$11,926
Board Only	$7,126
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 both full and part-time students •Course load for both full and part-time students

---

Financial Aid at Maine Maritime Academy

---

The majority of Maine Maritime Academy undergrads use financial aid to finance their education. In 2023, 549 of the 890 undergrads enrolled received financial aid. Maine Maritime Academy meets 49.42% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $13,871 a year. Around 86% 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 $50,107 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,000
Maine Maritime Academy-Specific Loans	$25,837
Private Loans	$51,681

Most Common Loans for Maine Maritime Academy Students
Federal Loans	84%
Institutional Loans	6%
Private loans	41%

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.

Scholarships at Maine Maritime Academy

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 2023, Maine Maritime Academy awarded 499 need-based scholarships to students, giving away total of $5.4 million to help students with financial need cover the cost of school. An additional $1.4 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Maine Maritime Academy

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 $13,871 in 2023. 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	$930
Net In-state, Off-campus	$10,001
Out-of-State, On-Campus	$30,281

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.

Maine Maritime Academy Tuition Payment Plans

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.

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.

Maine Maritime Academy Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

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.

Maine Maritime Academy's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2015, the total market value of Maine Maritime Academy's endowment was $45.9 million. The average college endowment was $905 million in 2021. The school spends $10,731 for each full-time student enrolled.

---

Learn More About Maine Maritime Academy

---

Choose one of the options below to find out more about about Maine Maritime Academy:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about Maine Maritime Academy