How U of Maine's Financial Aid Changes

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.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	6,106 (66%)	$7,719	3,071 (33%)	$4,037	5,778 (63%)	$6,933
2014-15	6,630 (71%)	$8,645	3,079 (33%)	$4,085	5,905 (63%)	$6,861
2015-16	6,682 (72%)	$9,124	3,019 (32%)	$4,140	5,719 (62%)	$6,748
2016-17	7,054 (76%)	$8,901	2,806 (30%)	$4,135	5,656 (61%)	$6,662
2017-18	7,550 (81%)	$9,297	2,880 (31%)	$4,354	5,559 (60%)	$6,619
2018-19	7,806 (83%)	$9,538	2,722 (29%)	$4,381	5,353 (57%)	$6,323
2019-20	8,336 (88%)	$9,704	2,488 (26%)	$4,475	5,183 (55%)	$6,296
2020-21	8,891 (87%)	$9,715	2,464 (24%)	$4,381	4,719 (46%)	$6,313
2021-22	8,412 (83%)	$11,693	2,474 (24%)	$4,500	4,646 (46%)	$6,205
Average	7,496 (78.56%)	$9,371	2,778 (29.11%)	$4,276	5,391 (57.00%)	$6,551

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

Overview

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
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,802 (84%)	$8,490	1,516 (71%)	$8,226
2014-15	1,842 (90%)	$9,226	1,500 (73%)	$8,173
2015-16	1,813 (90%)	$9,836	1,408 (70%)	$8,064
2016-17	2,185 (99%)	$8,544	1,484 (67%)	$8,899
2017-18	2,261 (100%)	$9,754	1,494 (66%)	$9,114
2018-19	2,213 (99%)	$9,507	1,484 (66%)	$9,289
2019-20	2,090 (99%)	$10,842	1,332 (63%)	$8,790
2020-21	2,041 (99%)	$11,145	1,139 (55%)	$8,903
2021-22	2,194 (98%)	$12,652	1,350 (60%)	$8,927
Average	2,049 (95.33%)	$10,000	1,412 (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.

Grants/Scholarship

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) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	780 (36%)	$4,132	535 (25%)	$1,403	545 (25%)	$894	1,686 (78%)	$6,429
2014-15	730 (36%)	$4,160	507 (25%)	$1,543	597 (29%)	$1,016	1,752 (86%)	$7,173
2015-16	727 (36%)	$4,189	492 (24%)	$1,480	504 (25%)	$1,469	1,749 (87%)	$7,615
2016-17	627 (29%)	$4,126	338 (15%)	$2,278	421 (19%)	$1,763	2,183 (99%)	$6,674
2017-18	732 (32%)	$4,412	405 (18%)	$1,882	409 (18%)	$1,518	2,254 (99%)	$7,738
2018-19	685 (31%)	$4,271	348 (16%)	$2,204	431 (19%)	$1,474	2,207 (99%)	$7,572
2019-20	640 (30%)	$4,481	1,811 (86%)	$900	481 (23%)	$1,525	2,079 (99%)	$8,383
2020-21	545 (26%)	$4,425	1,807 (87%)	$900	476 (23%)	$1,591	2,026 (98%)	$8,861
2021-22	621 (28%)	$4,592	1,007 (45%)	$3,397	487 (22%)	$2,384	2,135 (95%)	$9,520
Average	676 (31.56%)	$4,310	806 (37.89%)	$1,776	483 (22.56%)	$1,515	2,008 (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..

Student Loans

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.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,516 (71%)	$8,226	1,494 (70%)	$6,057	328 (15%)	$10,429
2014-15	1,500 (73%)	$8,173	1,482 (72%)	$6,045	322 (16%)	$10,253
2015-16	1,408 (70%)	$8,064	1,388 (69%)	$5,778	305 (15%)	$10,933
2016-17	1,484 (67%)	$8,899	1,453 (66%)	$5,661	371 (17%)	$13,425
2017-18	1,494 (66%)	$9,114	1,458 (64%)	$5,625	390 (17%)	$13,884
2018-19	1,484 (66%)	$9,289	1,449 (65%)	$5,298	435 (19%)	$14,041
2019-20	1,332 (63%)	$8,790	1,297 (62%)	$5,203	360 (17%)	$13,777
2020-21	1,139 (55%)	$8,903	1,100 (53%)	$5,177	298 (14%)	$14,918
2021-22	1,350 (60%)	$8,927	1,318 (59%)	$5,083	336 (15%)	$15,927
Average	1,412 (65.67%)	$8,709	1,382 (64.44%)	$5,547	349 (16.11%)	$13,065

Most Searched Maine Colleges (last 30 days)

4-Year Colleges

University of New England Private, four-years | Biddeford
University of Maine Public, four-years | Orono
Bowdoin College Private, four-years | Brunswick
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Colby College Private, four-years | Waterville
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Graduate

University of Maine Public, four-years | Orono
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Maine Maritime Academy Public, four-years | Castine
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Beal University Private, four-years | Bangor
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University of Maine Public, four-years | Orono
University of New England Private, four-years | Biddeford
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Trade Schools

Bates College Private, four-years | Lewiston
Empire Beauty School-Maine Private, Less than 2-years | Portland
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Birthwise Midwifery School Private, 2-4 years | Bridgton
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Scholarships, Grants, and Loan Trends at U of Maine

All Undergraduate Students Financial Aid Over Time

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