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Maine Maritime Academy Financial Aid

Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate) 663
Percent Received Financial Aid(All Undergraduate) 67%
Average Aid Amount $8,626
Number Received Financial Aid (Freshmen) 245
Percent Received Financial Aid (Freshmen) 94%

Financial Aid Information at Maine Maritime Academy

For the academic year 2020-2021, a total of 663 students (67% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $8,626. For freshmen (Full-time, first-time degree-seeking undergraduate students), 245 students (94% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at Maine Maritime Academy is $14,338 for Maine residents and $29,258 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2020-2021, a total of 663 students (67% of all students) have received grants or scholarships and the average received aid amount is $8,626. 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 aid66367%$8,626
Pell Grants27227%$4,422
Federal Student Loans83384%$6,621

Beginning Students Financial Aid

a total of 245 beginning students (94% of all freshmen) have received any financial aid and 245 students (94% 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 Aid24594%-
Grants or Scholarship from All Sources18972%$9,674
Federal Grants8733%$4,747
Pell Grants8733%$4,325
Other Federal Grants4316%$855
State/Local Grants6726%$1,433
Institutional Grants15459%$8,568
Student Loans24493%$12,383
Federal Student Loans24493%$5,555
Other Student Loans8131%$20,567

Students Headcount by Living Status

For academic year 2020-2021, total 120 full-time beginning students have enrolled and attended Maine Maritime Academy. Among them, 110 students have lived on campus and 10 students lived off campus (without family). Next table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Maine Maritime Academy
Living Status201820192020
Living On-Campus109105110
Living Off-Campus with Family430
Living Off-Campus without Family1310

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

Next 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 2020-2021 . 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 level157120$1,136,301$7,238
$0 - $30,0003123$281,058$9,066
$30,001 - $48,0002523$234,861$9,394
$48,001 - $75,0002620$162,525$6,251
$75,001 - $110,0002716$134,053$4,965
$110,001 or more4838$323,804$6,746