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National Application Center :: campus tours :: University of Southern Maine costs & financial aid

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University of Southern Maine

University of Southern Maine
96 Falmouth Street
Gorham, ME 04038

Official telephone: (207) 780-4141
Fax number: (207) 780-5640
Website: https://www.usm.maine.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://usm.maine.edu/
student-financial-services/
net-price-calculator-tool/

EXPENSES
Undergraduate tuition: $8,910; $26,250 out-of-state
Book fees: $800
Combined room and board expenses: $11,370

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoN/A

Applied for financial aid:
91% of first-year students
84% of full-time undergraduates
Determined to have financial need:
72% of first-year students
78% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
58% of first-year students
64% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
14% of first-year students
11% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
52% of first-year students
54% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
81% for first-year students
80% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$14,788 for first-year students
$14,400 for full-time undergraduates
Average need-based gift award:
$11,497 for first-year students
$10,695 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,363 for first-year students
$6,515 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,796 for first-year students
$6,135 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
22% of first-year students
13% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$5,169 for first-year students
$4,649 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • Federal Perkins Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.