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Maine Maritime Academy Financial Aid

Number Received Financial Aid (All Undergraduate) 574
Percent Received Financial Aid(All Undergraduate) 66%
Average Aid Amount $10,088
Number Received Financial Aid (Freshmen) 191
Percent Received Financial Aid (Freshmen) 93%

Financial Aid Information at Maine Maritime Academy

For the academic year 2021-2022, a total of 574 students (66% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,088. For freshmen (Full-time, first-time degree-seeking undergraduate students), 191 students (93% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Maine Maritime Academy is $14,746 for Maine residents and $30,226 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 574 students (66% of all students) have received grants or scholarships and the average received aid amount is $10,088. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Maine Maritime Academy for all undergraduate students.
Undergraduate Student Financial Aid at Maine Maritime Academy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid57466%$10,088
Pell Grants23327%$4,648
Federal Student Loans62372%$6,509

Beginning Students Financial Aid

a total of 191 beginning students (93% of all freshmen) have received any financial aid and 189 students (92% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Maine Maritime Academy.
Beginning Students (Freshmen) Financial Aid at Maine Maritime Academy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid19193%-
Grants or Scholarship from All Sources15174%$9,358
Federal Grants6833%$4,856
Pell Grants5225%$4,320
Other Federal Grants5426%$1,956
State/Local Grants4421%$2,642
Institutional Grants12661%$7,671
Student Loans15978%$12,526
Federal Student Loans15475%$5,310
Other Student Loans5426%$21,739

Students Headcount by Living Status

For academic year 2021-2022, total 90 full-time beginning students have enrolled and attended Maine Maritime Academy. Among them, 88 students have lived on campus and 1 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Maine Maritime Academy
Living Status201920202021
Living On-Campus1108688
Living Off-Campus with Family011
Living Off-Campus without Family1061

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Maine Maritime Academy
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level10183$783,300$7,755
$0 - $30,0001010$163,100$16,310
$30,001 - $48,0001616$226,700$14,169
$48,001 - $75,0002119$159,025$7,573
$75,001 - $110,0001715$86,198$5,070
$110,001 or more3723$148,277$4,007