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Machias, Maine

University of Maine-Machias Tuition & Cost

How much does it cost to attend?

In State Maine Resident Sticker Price
$19,466
In State Costs for University of Maine at Machias
Fee Cost
Tuition$6,840
Books and Supplies$800
Other Fees$840
Room and Board $8,486
Other Expenses Budget$2,500
Out of State Resident Sticker Price
$31,106
Out of State Costs for University of Maine at Machias
Fee Cost
Tuition$18,480
Books and Supplies$800
Other Fees$840
Room and Board $8,486
Other Expenses Budget$2,500

Residents of Maine pay an annual total price of $19,466 to attend University of Maine at Machias on a full time basis. This fee is comprised of $6,840 for tuition, $8,486 room and board, $800 for books and supplies and $840 for other fees.

Out of state residents are charged a total cost of $31,106 which is 59.8% higher than Maine residents. The tuition charge is $18,480 while room and board is $8,486, books and supplies are $800 and other fees come in at $840.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

Sponsored

Net Price

Net price is indicative of what it actually costs to attend University of Maine at Machias when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$10,257
Net Price by Income University of Maine at Machias
Family Income Net Price Paid
$0 to $30,000$7,943
$30,001 to $48,000$7,119
$48,001 to $75,000$8,326
$75,001 to $110,000$13,272
$110,000+$14,904

The average reported annual net price for University of Maine at Machias for students receiving grants or scholarship aid was $10,257 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid University of Maine at Machias
Type Avg./Student Students Receiving
Annual Total Grant Aid $8,124 100%
Pell Grant $4,304 67%
Federal Student Loan $5,628 60%

The average reported annual net price for University of Maine at Machias for students receiving grants or scholarship aid was $10,257 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Maine at Machias, we've modeled a ten year student loan with an original principal value of $34,316. The loan balance of $34,316 is a four year multiple of the $8,579 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $358 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $34,316
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $358.30
Total Interest Paid $8,679.78
Sum of All Loan Payments $42,995.78

Projected 4 Year Degree Price

4 Year Sticker Price
$77,864
Year Maine Residents Non Residents
1 $19,466 $31,106
2 $19,571 $31,274
3 $19,677 $31,443
4 $19,783 $31,613

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Maine at Machias to be $77,864 - assuming graduation in normal time. The estimation assumes a 0.5% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Maine at Machias
Price Per Credit 3 Credit Class 4 Credit Class
Maine Residents $228 $684 $912
Out of State Residents $616 $1,848 $2,464

Estimated cost for a class at University of Maine at Machias based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Maine at Machias versus other colleges.

Tuition Payment Plans Available

University of Maine at Machias Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=161244 IPEDS survey data for University of Maine at Machias.