Scholarships, Grants, and Loan Trends at UMFK

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 672, which is 43.11 % of all undergraduate students. 495 students which is 31.89% of undergraduate students received federal student loans and the average loan amount is $6,503.
For full-time, first-time beginning students (freshmen), 88.33% of students received grants or scholarships and 58% 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 Fort Kent since 2013.
For that period, the average number of students who received grants aid/scholarships is 672, which is 43.11 % of all undergraduate students. 495 students which is 31.89% of undergraduate students received federal student loans and the average loan amount is $6,503.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14705 (58%)$5,149426 (35%)$3,856554 (46%)$6,553
2014-15730 (55%)$4,967430 (32%)$3,783535 (40%)$6,543
2015-16702 (45%)$5,150434 (28%)$3,751554 (36%)$6,584
2016-17687 (36%)$5,315433 (23%)$3,655587 (31%)$6,286
2017-18656 (37%)$5,467400 (23%)$3,796559 (32%)$6,583
2018-19668 (37%)$5,763417 (23%)$3,922552 (31%)$6,444
2019-20687 (43%)$5,590337 (21%)$4,062455 (29%)$6,328
2020-21645 (40%)$5,429277 (17%)$4,031366 (23%)$6,617
2021-22567 (37%)$7,052211 (14%)$4,154292 (19%)$6,587
Average672 (43.11%)$5,542374 (24.00%)$3,890495 (31.89%)$6,503

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

For the last 10 years, on average, 109 (88.33 % of students) received grants or scholarships and its average amount is $6,340. It can cover 44.26% of tuition & fees ($14,325) based on out-of-state rate.
In addition, 74 (58.44 % of students) students get helped from the students loans (average amount : $6,080).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14139 (90%)$6,050110 (71%)$6,194
2014-15115 (88%)$5,13880 (62%)$6,561
2015-1697 (81%)$5,25079 (66%)$7,076
2016-17141 (86%)$5,400102 (62%)$5,956
2017-18103 (80%)$6,21168 (53%)$6,284
2018-19124 (88%)$6,67690 (64%)$5,738
2019-20117 (93%)$6,26374 (59%)$6,101
2020-2180 (92%)$7,15334 (39%)$5,654
2021-2264 (97%)$8,92033 (50%)$5,153
Average109 (88.33%)$6,34074 (58.44%)$6,080
*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, 58 (46.33 % of students) received Pell (federal) grants and its average amount is $4,373.
In addition, 54 students received State/local government grants/scholarships (43.56 % 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
2013-1476 (49%)$4,27960 (39%)$44959 (38%)$907134 (86%)$3,248
2014-1559 (45%)$4,30342 (32%)$59781 (62%)$1,22470 (54%)$3,040
2015-1653 (44%)$4,45538 (32%)$46145 (38%)$1,76681 (68%)$2,174
2016-1778 (48%)$3,89751 (31%)$68264 (39%)$1,720116 (71%)$2,695
2017-1859 (46%)$4,81552 (40%)$37447 (36%)$1,97578 (60%)$3,121
2018-1981 (57%)$4,47470 (50%)$52180 (57%)$2,23684 (60%)$2,977
2019-2055 (44%)$4,63098 (78%)$88546 (37%)$2,025100 (79%)$2,983
2020-2139 (45%)$4,46254 (62%)$73837 (43%)$2,02965 (75%)$4,358
2021-2226 (39%)$4,04257 (86%)$2,51428 (42%)$2,43552 (79%)$4,890
Average58 (46.33%)$4,37358 (50.00%)$80254 (43.56%)$1,81387 (70.22%)$3,276
*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, 74 (58.44 % of students) get any students loan help and its average loan amount is $74.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14110 (71%)$6,194109 (70%)$5,19919 (12%)$6,033
2014-1580 (62%)$6,56179 (61%)$5,56811 (8%)$7,726
2015-1679 (66%)$7,07678 (65%)$5,40316 (13%)$8,597
2016-17102 (62%)$5,95699 (60%)$4,82019 (12%)$6,860
2017-1868 (53%)$6,28468 (53%)$4,90611 (9%)$8,517
2018-1990 (64%)$5,73889 (63%)$4,9538 (6%)$9,448
2019-2074 (59%)$6,10171 (56%)$4,95814 (11%)$7,107
2020-2134 (39%)$5,65434 (39%)$4,4805 (6%)$7,987
2021-2233 (50%)$5,15333 (50%)$4,5493 (5%)$6,642
Average74 (58.44%)$6,08073 (57.44%)$4,98212 (9.11%)$7,657
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