Scholarships, Grants, and Loan Trends at UMF

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,453, which is 83.78 % of all undergraduate students. 1,174 students which is 67.11% of undergraduate students received federal student loans and the average loan amount is $6,474.
For full-time, first-time beginning students (freshmen), 93.22% of students received grants or scholarships and 75% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Maine at Farmington since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,453, which is 83.78 % of all undergraduate students. 1,174 students which is 67.11% of undergraduate students received federal student loans and the average loan amount is $6,474.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,450 (76%)$6,449920 (48%)$4,2291,487 (78%)$6,764
2014-151,414 (80%)$6,852870 (49%)$4,2881,240 (70%)$6,773
2015-161,483 (83%)$7,117847 (47%)$4,2371,314 (73%)$6,583
2016-171,521 (85%)$7,081825 (46%)$4,1861,301 (73%)$6,786
2017-181,507 (83%)$7,628850 (47%)$4,3751,247 (69%)$6,384
2018-191,463 (84%)$7,701804 (46%)$4,4771,171 (67%)$6,452
2019-201,491 (89%)$8,342774 (46%)$4,5541,075 (64%)$6,357
2020-211,453 (92%)$8,390705 (45%)$4,577927 (59%)$6,130
2021-221,299 (82%)$11,142617 (39%)$4,644800 (51%)$6,041
Average1,453 (83.78%)$7,856801 (45.89%)$4,3961,174 (67.11%)$6,474

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 377 (93.22 % of students) received grants or scholarships and its average amount is $8,229. It can cover 35.66% of tuition & fees ($23,079) based on out-of-state rate.
In addition, 304 (74.67 % of students) students get helped from the students loans (average amount : $6,664).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14384 (88%)$7,032358 (82%)$6,976
2014-15370 (90%)$7,144285 (70%)$6,444
2015-16398 (89%)$7,443345 (77%)$6,707
2016-17392 (90%)$7,470337 (78%)$6,887
2017-18406 (93%)$8,233331 (76%)$6,238
2018-19366 (94%)$8,063313 (80%)$6,617
2019-20379 (99%)$9,168292 (76%)$6,729
2020-21361 (97%)$8,889253 (68%)$6,668
2021-22338 (99%)$10,623222 (65%)$6,709
Average377 (93.22%)$8,229304 (74.67%)$6,664
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 206 (50.89 % of students) received Pell (federal) grants and its average amount is $4,382.
In addition, 203 students received State/local government grants/scholarships (50.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14225 (51%)$4,215199 (45%)$586234 (53%)$1,248332 (76%)$4,047
2014-15208 (51%)$4,118198 (48%)$958208 (51%)$1,949327 (80%)$3,644
2015-16209 (47%)$4,130200 (45%)$1,048194 (43%)$2,157371 (83%)$3,965
2016-17221 (51%)$4,132205 (47%)$871218 (50%)$1,863385 (89%)$3,714
2017-18235 (54%)$4,387228 (52%)$895198 (45%)$2,265395 (90%)$4,201
2018-19205 (53%)$4,520204 (52%)$946190 (49%)$2,227350 (90%)$4,023
2019-20198 (52%)$4,584351 (92%)$1,113211 (55%)$2,241357 (93%)$4,771
2020-21188 (50%)$4,708199 (53%)$1,397216 (58%)$1,695358 (96%)$4,692
2021-22167 (49%)$4,642199 (58%)$2,876161 (47%)$2,723335 (98%)$5,387
Average206 (50.89%)$4,382220 (54.67%)$1,188203 (50.11%)$2,041357 (88.33%)$4,272
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 304 (74.67 % of students) get any students loan help and its average loan amount is $304.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14358 (82%)$6,976354 (81%)$5,60764 (15%)$8,004
2014-15285 (70%)$6,444275 (67%)$5,32149 (12%)$7,621
2015-16345 (77%)$6,707344 (77%)$5,26655 (12%)$9,132
2016-17337 (78%)$6,887336 (77%)$5,52953 (12%)$8,741
2017-18331 (76%)$6,238329 (75%)$5,32346 (11%)$6,814
2018-19313 (80%)$6,617306 (78%)$5,38658 (15%)$7,292
2019-20292 (76%)$6,729284 (74%)$5,12361 (16%)$8,360
2020-21253 (68%)$6,668248 (66%)$5,15448 (13%)$8,516
2021-22222 (65%)$6,709210 (61%)$5,08248 (14%)$8,796
Average304 (74.67%)$6,664298 (72.89%)$5,31054 (13.33%)$8,142
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