Massachusetts Maritime Academy

Usually, colleges raise tuition about 3% each year.

If this makes attending the college of your dreams seem daunting, remember, the total cost of tuition isn't the final cost for attending college. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make the amount you do have to pay for college more manageable until you're done with college.

Massachusetts Maritime Academy meets 76% of the demonstrated financial need for undergraduates. First-year students that attend Massachusetts Maritime Academy full-time are awarded $18,575 a year in financial aid, on average.

In 2020, students graduated with an average of $39,609 in student loans for each student with debt.

Does Massachusetts Maritime Academy Offer In-State and Out-of-State Tuition?

**Massachusetts Maritime Academy is a public, state institution, **

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. Don't forget to verify your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on where you live.

Explore other Massachusetts colleges

Do International Students Pay More to Go to Massachusetts Maritime Academy?

Tuition at Massachusetts Maritime Academy is the same for all students.

Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or Massachusetts Maritime Academy-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Massachusetts Maritime Academy:

•On-campus jobs •Loans from outsideMassachusetts Maritime Academy •Massachusetts Maritime Academy-specific scholarships •International Students Tuition Waivers

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

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Massachusetts Maritime Academy Housing Expenses, Fees, and More

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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 Massachusetts Maritime Academy.

Room and Board Costs at Massachusetts Maritime Academy

Meal-plan costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at Massachusetts 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 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.

Yearly Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways so that those with financial need to get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Massachusetts Maritime Academy

The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring 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. At Massachusetts Maritime Academy, freshman are not allowed to park on campus.

Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city can be pricey, but there may be more buses, trains or affordable flights to actually get to school. Massachusetts Maritime Academyis located in a town in Massachusetts, near Boston and Providence.

Other Costs

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

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The Full Cost of Attending Massachusetts Maritime Academy

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Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Massachusetts Maritime Academy.

How Much Does Massachusetts Maritime Academy Cost?

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

2023 Total Tuition and Expenses

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.

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Massachusetts Maritime Academy Financial Aid

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The majority of Massachusetts Maritime Academy undergrads use financial aid to help pay for school. In 2023, 680 of the 1,339 undergrads enrolled received financial aid. Massachusetts Maritime Academy meets 76% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $18,575 a year. Around 80% of Massachusetts Maritime Academy undergrads take out student loans to cover any remaining costs. Massachusetts Maritime Academy graduates who have student loans graduate with an average of $39,609 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$21,162
Private Loans	$44,128

Most Common Loans for Massachusetts Maritime Academy Students
Federal Loans	80%
Private loans	30%

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 Massachusetts Maritime Academy financial aid, keep reading, or visit their financial aid website.

Scholarships at Massachusetts 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, Massachusetts Maritime Academy awarded 388 need-based scholarships to students, giving away total of $6.9 million to help students with financial need cover the cost of school. An additional $5.37 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Massachusetts Maritime Academy Net Cost

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 Massachusetts 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 Massachusetts Maritime Academy was $18,575 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Massachusetts Maritime Academy seem more manageable.

What will attending Massachusetts 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Massachusetts Maritime Academy's net cost calculator on their website.

Massachusetts Maritime Academy Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Massachusetts Maritime Academy Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools 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.

Massachusetts Maritime Academy has some full or partial tuition waivers available for: - International Students

Check the financial aid website for more information on payment plans and tuition waivers.

Massachusetts 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.

Massachusetts Maritime Academy's endowment was valued at $40 million in 2023, compared to a national average of $905 million.

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Learn More About Massachusetts Maritime Academy

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

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