Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,864, which is 60.78 % of all undergraduate students. 2,932 students which is 46.00% of undergraduate students received federal student loans and the average loan amount is $6,505.

For full-time, first-time beginning students (freshmen), 89.56% of students received grants or scholarships and 61% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at University of Southern Maine since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,864, which is 60.78 % of all undergraduate students. 2,932 students which is 46.00% of undergraduate students received federal student loans and the average loan amount is $6,505.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,784 (53%)$5,6882,545 (36%)$3,6163,949 (56%)$6,929
2014-153,571 (54%)$6,1252,434 (37%)$3,6833,602 (54%)$6,825
2015-163,381 (55%)$6,9392,271 (37%)$3,7503,177 (52%)$6,724
2016-173,550 (57%)$7,1672,198 (36%)$3,7613,024 (49%)$6,761
2017-183,718 (61%)$7,6832,236 (37%)$4,0782,924 (48%)$6,561
2018-193,896 (61%)$8,2292,162 (34%)$4,2972,804 (44%)$6,296
2019-204,595 (69%)$7,6342,073 (31%)$4,3422,667 (40%)$6,177
2020-214,360 (71%)$7,4641,821 (30%)$4,3402,238 (37%)$6,171
2021-223,924 (66%)$9,4321,667 (28%)$4,3082,005 (34%)$6,102
Average3,864 (60.78%)$7,3732,156 (34.00%)$4,0192,932 (46.00%)$6,505
*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.

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

For the last 10 years, on average, 717 (89.56 % of students) received grants or scholarships and its average amount is $8,227. It can cover 30.35% of tuition & fees ($27,104) based on out-of-state rate.

In addition, 481 (60.56 % of students) students get helped from the students loans (average amount : $6,797).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14601 (81%)$6,344528 (71%)$7,098
2014-15566 (81%)$6,450466 (66%)$7,097
2015-16580 (88%)$7,385462 (70%)$6,900
2016-17697 (91%)$9,062478 (62%)$6,748
2017-18816 (92%)$8,696537 (60%)$6,833
2018-19855 (93%)$8,671541 (59%)$6,547
2019-20801 (92%)$8,882528 (61%)$6,747
2020-21715 (92%)$8,886366 (47%)$6,262
2021-22823 (96%)$9,668423 (49%)$6,938
Average717 (89.56%)$8,227481 (60.56%)$6,797
*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, 343 (43.11 % of students) received Pell (federal) grants and its average amount is $4,498.

In addition, 293 students received State/local government grants/scholarships (36.78 % 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
2013-14341 (46%)$4,078289 (39%)$931266 (36%)$1,031465 (63%)$4,040
2014-15307 (44%)$4,263268 (38%)$700274 (39%)$1,137514 (73%)$3,586
2015-16309 (47%)$4,519286 (43%)$856263 (40%)$1,574564 (85%)$3,950
2016-17342 (45%)$4,485225 (29%)$1,445271 (35%)$1,814652 (85%)$6,082
2017-18403 (45%)$4,556257 (29%)$1,817306 (34%)$1,631772 (87%)$5,562
2018-19414 (45%)$4,656277 (30%)$1,842346 (38%)$1,690826 (90%)$5,316
2019-20377 (43%)$4,722775 (89%)$1,005337 (39%)$1,756764 (88%)$5,188
2020-21292 (38%)$4,641319 (41%)$2,053290 (37%)$1,651696 (90%)$5,553
2021-22300 (35%)$4,564342 (40%)$2,360285 (33%)$2,519795 (92%)$6,368
Average343 (43.11%)$4,498338 (42.00%)$1,445293 (36.78%)$1,645672 (83.67%)$5,072
*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, 481 (60.56 % of students) get any students loan help and its average loan amount is $481.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14528 (71%)$7,098524 (71%)$5,80177 (10%)$9,198
2014-15466 (66%)$7,097459 (65%)$5,63767 (10%)$10,747
2015-16462 (70%)$6,900451 (68%)$5,74360 (9%)$9,963
2016-17478 (62%)$6,748467 (61%)$5,52465 (8%)$9,934
2017-18537 (60%)$6,833534 (60%)$5,19487 (10%)$10,291
2018-19541 (59%)$6,547531 (58%)$5,09096 (10%)$8,743
2019-20528 (61%)$6,747511 (59%)$5,07287 (10%)$11,152
2020-21366 (47%)$6,262353 (45%)$4,96949 (6%)$10,975
2021-22423 (49%)$6,938410 (48%)$4,97578 (9%)$11,475
Average481 (60.56%)$6,797471 (59.44%)$5,33474 (9.11%)$10,275

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