Scholarships, Grants, and Loan Trends at U of Maine

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,496, which is 78.56 % of all undergraduate students. 5,391 students which is 57.00% of undergraduate students received federal student loans and the average loan amount is $6,551.
For full-time, first-time beginning students (freshmen), 95.33% of students received grants or scholarships and 66% 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 since 2013.
For that period, the average number of students who received grants aid/scholarships is 7,496, which is 78.56 % of all undergraduate students. 5,391 students which is 57.00% of undergraduate students received federal student loans and the average loan amount is $6,551.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,106 (66%)$7,7193,071 (33%)$4,0375,778 (63%)$6,933
2014-156,630 (71%)$8,6453,079 (33%)$4,0855,905 (63%)$6,861
2015-166,682 (72%)$9,1243,019 (32%)$4,1405,719 (62%)$6,748
2016-177,054 (76%)$8,9012,806 (30%)$4,1355,656 (61%)$6,662
2017-187,550 (81%)$9,2972,880 (31%)$4,3545,559 (60%)$6,619
2018-197,806 (83%)$9,5382,722 (29%)$4,3815,353 (57%)$6,323
2019-208,336 (88%)$9,7042,488 (26%)$4,4755,183 (55%)$6,296
2020-218,891 (87%)$9,7152,464 (24%)$4,3814,719 (46%)$6,313
2021-228,412 (83%)$11,6932,474 (24%)$4,5004,646 (46%)$6,205
Average7,496 (78.56%)$9,3712,778 (29.11%)$4,2765,391 (57.00%)$6,551

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

For the last 10 years, on average, 2,049 (95.33 % of students) received grants or scholarships and its average amount is $10,000. It can cover 28.29% of tuition & fees ($35,346) based on out-of-state rate.
In addition, 1,412 (65.67 % of students) students get helped from the students loans (average amount : $8,709).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,802 (84%)$8,4901,516 (71%)$8,226
2014-151,842 (90%)$9,2261,500 (73%)$8,173
2015-161,813 (90%)$9,8361,408 (70%)$8,064
2016-172,185 (99%)$8,5441,484 (67%)$8,899
2017-182,261 (100%)$9,7541,494 (66%)$9,114
2018-192,213 (99%)$9,5071,484 (66%)$9,289
2019-202,090 (99%)$10,8421,332 (63%)$8,790
2020-212,041 (99%)$11,1451,139 (55%)$8,903
2021-222,194 (98%)$12,6521,350 (60%)$8,927
Average2,049 (95.33%)$10,0001,412 (65.67%)$8,709
*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, 676 (31.56 % of students) received Pell (federal) grants and its average amount is $4,310.
In addition, 483 students received State/local government grants/scholarships (22.56 % 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
2013-14780 (36%)$4,132535 (25%)$1,403545 (25%)$8941,686 (78%)$6,429
2014-15730 (36%)$4,160507 (25%)$1,543597 (29%)$1,0161,752 (86%)$7,173
2015-16727 (36%)$4,189492 (24%)$1,480504 (25%)$1,4691,749 (87%)$7,615
2016-17627 (29%)$4,126338 (15%)$2,278421 (19%)$1,7632,183 (99%)$6,674
2017-18732 (32%)$4,412405 (18%)$1,882409 (18%)$1,5182,254 (99%)$7,738
2018-19685 (31%)$4,271348 (16%)$2,204431 (19%)$1,4742,207 (99%)$7,572
2019-20640 (30%)$4,4811,811 (86%)$900481 (23%)$1,5252,079 (99%)$8,383
2020-21545 (26%)$4,4251,807 (87%)$900476 (23%)$1,5912,026 (98%)$8,861
2021-22621 (28%)$4,5921,007 (45%)$3,397487 (22%)$2,3842,135 (95%)$9,520
Average676 (31.56%)$4,310806 (37.89%)$1,776483 (22.56%)$1,5152,008 (93.33%)$7,774
*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, 1,412 (65.67 % of students) get any students loan help and its average loan amount is $1,412.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,516 (71%)$8,2261,494 (70%)$6,057328 (15%)$10,429
2014-151,500 (73%)$8,1731,482 (72%)$6,045322 (16%)$10,253
2015-161,408 (70%)$8,0641,388 (69%)$5,778305 (15%)$10,933
2016-171,484 (67%)$8,8991,453 (66%)$5,661371 (17%)$13,425
2017-181,494 (66%)$9,1141,458 (64%)$5,625390 (17%)$13,884
2018-191,484 (66%)$9,2891,449 (65%)$5,298435 (19%)$14,041
2019-201,332 (63%)$8,7901,297 (62%)$5,203360 (17%)$13,777
2020-211,139 (55%)$8,9031,100 (53%)$5,177298 (14%)$14,918
2021-221,350 (60%)$8,9271,318 (59%)$5,083336 (15%)$15,927
Average1,412 (65.67%)$8,7091,382 (64.44%)$5,547349 (16.11%)$13,065
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