Number Received Financial Aid (All Undergraduate)
675
Percent Received Financial Aid(All Undergraduate)
77%
Average Aid Amount
$10,342
Number Received Financial Aid (Freshmen)
217
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at Maine Maritime Academy
For the academic year 2023-2024, a total of 675 students (77% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,342. For freshmen (Full-time, first-time degree-seeking undergraduate students), 217 students (99% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Maine Maritime Academy is $15,158 for Maine residents and $31,102 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 675 students (77% of all students) have received grants or scholarships and the average received aid amount is $10,342. 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 675 | 77% | $10,342 |
| Pell Grants | 217 | 25% | $4,931 |
| Federal Student Loans | 579 | 66% | $6,650 |
Beginning Students Financial Aid
a total of 217 beginning students (99% of all freshmen) have received any financial aid and 217 students (99% 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 217 | 99% | - |
| Grants or Scholarship from All Sources | 216 | 99% | $9,181 |
| Federal Grants | 47 | 21% | $5,454 |
| Pell Grants | 47 | 21% | $4,707 |
| Other Federal Grants | 44 | 20% | $798 |
| State/Local Grants | 45 | 21% | $2,899 |
| Institutional Grants | 216 | 99% | $7,390 |
| Student Loans | 145 | 66% | $14,424 |
| Federal Student Loans | 142 | 65% | $5,279 |
| Other Student Loans | 68 | 31% | $19,732 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 117 have paid in-state tuition rates (53% of undergraduate students) and 102 students (47%) have paid the tuition & fee based on out-of-state rates at Maine Maritime Academy.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 117 | 53% | $15,158 |
| Out-of-State Rate | 102 | 47% | $31,102 |
Students Headcount by Living Status
For academic year 2023-2024, total 116 full-time beginning students have enrolled and attended Maine Maritime Academy. Among them, 111 students have lived on campus and 2 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 86 | 88 | 111 |
| Living Off-Campus with Family | 1 | 1 | 3 |
| Living Off-Campus without Family | 6 | 1 | 2 |
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 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 84 | 84 | $754,432 | $8,981 |
| $0 - $30,000 | 10 | 10 | $176,666 | $17,667 |
| $30,001 - $48,000 | 8 | 8 | $108,190 | $13,524 |
| $48,001 - $75,000 | 15 | 15 | $176,911 | $11,794 |
| $75,001 - $110,000 | 16 | 16 | $123,820 | $7,739 |
| $110,001 or more | 35 | 35 | $168,845 | $4,824 |
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