Thomas College

In 2022, tuition for full-time students at Thomas College was $28,954 a year.

In 2023, tuition increased 3%–from $28,110 the prior year. Usually, colleges raise tuition about 3% each year.

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 find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegemore manageable until you're done with college.

Thomas College meets 85% of the demonstrated financial need for undergraduates. First-year students that attend Thomas College full-time are awarded $28,749 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $33,261 of debt.

Thomas College: In-state vs. Out-of-State Tuition

Thomas College is a private, nonprofit institution, so it has the same tuition for residents of Maine as it does for students who live in other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Maine residents.

Attending a school where you qualify for in-state tuition can save on the total cost of attending college. Don't forget to check your state's requirements 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 other criteria as well, depending on the state you and your parents currently live in.

Explore other Maine colleges

Thomas College International Student Tuition

Tuition at Thomas College is the same for all students.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or Thomas College-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Thomas College:

•Thomas College-specific scholarships

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

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Thomas College Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; 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 Thomas College.

House and Food Costs at Thomas College

Room and board at Thomas College is $11,998 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school dining halls. Students who do not live on-campus but still want to use the dining facilities can choose to be on a meal plan. The cost of board-only is $5,832.

Meal-plan costs can depend on how many meals are included in the plan you choose.

How Much Do Books Cost at Thomas College?

The cost of books often surprises first-year college students. The actual 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 used textbooks and materials.

Annual Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have ways so that those with demonstrated need to find ways to lower or eliminate these fees.

Transportation costs

The cost of transportation 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 are you planning to use public transportation? All of these questions can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located 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, getting around in an urban area might be expensive, but cities may offer more buses, trains and affordable flights to actually get to school. The Thomas College campus is in a rural area in Maine, not far from Lewiston/Auburn.

Other Costs

When estimating your budget for college, be sure to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Thomas College

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Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Thomas College.

Total Cost of Thomas College

What will the cost of attending Thomas College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$28,954
Room and Board	$11,998
Board Only	$6,166

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$42,236
Off-Campus	$36,404

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Thomas College Financial Aid

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In 2023, 551 of the 1,601 undergrads enrolled received financial aid. Thomas College meets 85% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $28,749 a year. Around 98% of Thomas College undergrads take out student loans to cover any remaining costs. Thomas College graduates who have student loans graduate with an average of $33,261 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,333
Private Loans	$10,815

Most Common Loans for Thomas College Students
Federal Loans	88%
Private loans	29%

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 Thomas College financial aid, keep reading, or visit their financial aid website.

Scholarships at Thomas College

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, Thomas College awarded 547 need-based scholarships to students, giving away total of $11.9 million to help students with financial need cover the cost of school. An additional $3 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Thomas College

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 Thomas College 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 Thomas College was $28,749 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Thomas College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$13,487
Off-Campus	$7,655

What will attending Thomas College 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 Thomas College's net cost calculator on their website.

Thomas College Tuition Payment Plans

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

Thomas College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Thomas College Offer Tuition Waivers?

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

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

Thomas College'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 2022, the total market value of Thomas College's endowment was $10.5 million. The average college endowment was $905 million in 2021. For each full-time student, Thomas College spends about $5,256 a year.

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Learn More About Thomas College

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

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