In 2022, tuition for full-time University of New England students was $39,510 a year.
Tuition was the same price in 2023 as it was the year before. On average, college tuition goes up about 3% every year.
If this information makes going to college sound impossible, remember, the advertized cost of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.
First-year students that attend University of New England full-time are awarded $28,355 a year in financial aid, on average.
In 2020, students graduated with an average of $54,956 in student loans for each student with debt.
University of New England is a private, nonprofit institution, so it has the same tuition for students from Maine as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing an insitution 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 requirements for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.
University of New England has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but should research private or University of New England-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of tuition, 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 University of New England.
Room and board at University of New England costs $16,100 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the University of New England's on-campus cafeterias and dining halls.
Meal-plan costs vary based on on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual cost of books and supplies 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.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources so that those who may struggle to participate because of cost can get help covering these costs.
The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation 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 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 New England, freshman are allowed to park on campus.
Where are a college is located can impact 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 transportation in a city could be pricey, but there may be more trains, busses or affordable flights to actually get to school. The University of New England campus is located in a town in Maine.
When creating a budget for college, don’t forget to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
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 University of New England.
What will the cost of attending University of New England be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $39,510 |
Room and Board | $16,100 |
Other expenses | $1,400 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $58,450 |
Off-Campus | $42,350 |
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.
In 2023, 1,694 of the 3,718 undergrads enrolled received financial aid.
The average financial aid package for a full-time, first-year student is around $28,355 a year. Around 82% of University of New England undergrads take out student loans to cover any remaining costs. University of New England graduates who have student loans graduate with an average of $54,956 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $23,237 |
State Loans | $43,919 |
Private Loans | $59,529 |
Most Common Loans for University of New England Students | |
---|---|
Federal Loans | 81% |
State loans | 5% |
Private loans | 50% |
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 New England 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 New England awarded 1,306 need-based scholarships to students, giving away total of $12.9 million to help students with financial need cover the cost of school. An additional $34 million 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 New England 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 New England was $28,355 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 New England seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $30,095 |
Off-Campus | $13,995 |
What will attending University of New England 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 University of New England'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 waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition 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.
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 University of New England's endowment was $52.6 million. The average college endowment was $905 million in 2021. The school spends $13,298 for each full-time student enrolled.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
Visit the College Confidential forums to join the conversation about University of New England
Tuition & Fees
$57,050
In State$57,050
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
Application Deadline
Want to find money for school that doesn’t need to be paid back? Access insights and advice on how to search and apply for scholarships!
Claim your page to customize your profile and connect with students!
Connect with the world's largest college forum for candid, authentic discussion.