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#2 Best Public Universities in Maine

University of Southern Maine Tuition & Cost

Portland, Maine

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How much does it cost to attend?

In State Maine Resident Sticker Price
$22,782
In State Costs for University of Southern Maine
Fee Cost
Tuition$7,868
Books and Supplies$600
Other Fees$1,358
Room and Board $9,956
Other Expenses Budget$3,000
Out of State Resident Sticker Price
$35,606
Out of State Costs for University of Southern Maine
Fee Cost
Tuition$20,692
Books and Supplies$600
Other Fees$1,358
Room and Board $9,956
Other Expenses Budget$3,000

Residents of Maine pay an annual total price of $22,782 to attend University of Southern Maine on a full time basis. This fee is comprised of $7,868 for tuition, $9,956 room and board, $600 for books and supplies and $1,358 for other fees.

Out of state residents are charged a total cost of $35,606 which is 56.3% higher than Maine residents. The tuition charge is $20,692 while room and board is $9,956, books and supplies are $600 and other fees come in at $1,358.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

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

Average Net Price 2018/2019
$12,400
Net Price by Income University of Southern Maine
Family Income Net Price Paid
$0 to $30,000$8,753
$30,001 to $48,000$9,295
$48,001 to $75,000$12,684
$75,001 to $110,000$16,543
$110,000+$17,027

The average reported annual net price for University of Southern Maine for students receiving grants or scholarship aid was $12,400 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

Finanical Aid University of Southern Maine
Type Avg./Student Students Receiving
Annual Total Grant Aid $8,671 93%
Pell Grant $4,656 45%
Federal Student Loan $5,090 58%

The average reported annual net price for University of Southern Maine for students receiving grants or scholarship aid was $12,400 in 2018/2019.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Southern Maine, we've modeled a ten year student loan with an original principal value of $72,624. The loan balance of $72,624 is a four year multiple of the $18,156 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 $754 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 4.529%.

Example Loan $72,624
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $753.68
Total Interest Paid $17,817.51
Sum of All Loan Payments $90,441.51

Projected 4 Year Degree Price

4 Year Sticker Price
$91,128
Year Maine Residents Non Residents
1 $22,782 $35,606
2 $23,676 $37,003
3 $24,604 $38,454
4 $25,569 $39,962

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Southern Maine to be $91,128 - assuming graduation in normal time. The estimation assumes a 3.9% 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 Southern Maine
Price Per Credit 3 Credit Class 4 Credit Class
Maine Residents $281 $843 $1,124
Out of State Residents $739 $2,217 $2,956

Estimated cost for a class at University of Southern Maine 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 Southern Maine versus other colleges.

Tuition Payment Plans Available

University of Southern Maine 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=161554 IPEDS survey data for University of Southern Maine.