In 2022, tuition for full-time students at University of Maine at Fort Kent was $7,560 a year for in-state students and $12,840 a year for out-of-state students.
Usually, colleges raise tuition about 3% each year.
If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college feel more doable until you're done with college.
International students can expect to pay 12,840 per year for tuition at University of Maine at Fort Kent.
University of Maine at Fort Kent meets 70% of the demonstrated financial need for undergraduates. First-year students that attend University of Maine at Fort Kent full-time are awarded $12,545 a year in financial aid, on average.
Graduates in the class of 2023 had an average of $24,477 in student loans per borrower.
University of Maine at Fort Kent is a public, state institution, so it offers a reduced tuition rate of $7,560 for students who qualify as state residents and attend full-time. For non-Maine residents, out-of-state tuition is $12,840 a year.
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Maine residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to verify your state's rules 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 as well, depending on where you live.
University of Maine at Fort Kent has the same tuition for international students as for those from out of state.
International students at University of Maine at Fort Kent usually pay around $12,840 per year, before any scholarships, grants or other financial aid.
International students are not eligible for federal financial aid, but may be eligible for private or University of Maine at Fort Kent-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at University of Maine at Fort Kent:
•On-campus jobs •University of Maine at Fort Kent-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at University of Maine at Fort Kent.
Room and board at University of Maine at Fort Kent costs $9,590 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the University of Maine at Fort Kent's on-campus cafeterias and dining facilities. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $3,600.
Board costs vary based on on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real 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.
Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways for students who may struggle to participate because of cost can get help covering these costs.
The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget. At University of Maine at Fort Kent, freshman are allowed to park 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 other hand getting around in an urban area may be expensive, but cities may offer more trains, busses and low-cost flight options to actually get to school. University of Maine at Fort Kentis located in a rural area in Maine.
When budgeting for college, be sure to consider personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending University of Maine at Fort Kent.
What will the cost of attending University of Maine at Fort Kent be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
In-state Tuition | $7,560 |
Out-of-State Tuition | $12,840 |
Room and Board | $9,590 |
Board Only | $2,500 |
Other expenses | $1,044 |
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.
In 2023, 190 of the 1,517 undergrads enrolled received financial aid. University of Maine at Fort Kent meets 70% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $12,545 a year. Around 63% of University of Maine at Fort Kent undergrads take out student loans to cover any remaining costs. University of Maine at Fort Kent graduates who have student loans graduate with an average of $24,477 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $22,902 |
Private Loans | $17,847 |
Most Common Loans for University of Maine at Fort Kent Students | |
---|---|
Federal Loans | 63% |
Private loans | 6% |
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 University of Maine at Fort Kent 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 2023, University of Maine at Fort Kent awarded 167 need-based scholarships to students, giving away total of $1.8 million to help students with financial need cover the cost of school. An additional $350,000 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 University of Maine at Fort Kent 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 University of Maine at Fort Kent was $12,545 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Maine at Fort Kent seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
In-State, On-Campus | $-4,411 |
Net In-state, Off-campus | $1,044 |
Out-of-State, On-Campus | $13,414 |
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending University of Maine at Fort Kent 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 University of Maine at Fort Kent'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.
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 reduce the total cost of attendance. 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.
University of Maine at Fort Kent 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.
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.
University of Maine at Fort Kent's endowment was valued at $3.1 million in 2023, compared to a national average of $905 million. For each full-time student, University of Maine at Fort Kent spends about $6,357 a year.
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Tuition & Fees
$19,635
In State$24,915
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
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
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