Tuition for Maine residents attending the University of Maine at Farmington rose by 3.1% during the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Residents of Maine paid $9,890 to attend the public four-year institution this year, an increase of $300 from the $9,590 charged in the 2021-22 academic year.
Non-resident students faced tuition costs that were 118.9% higher than those for residents in 2022-23, amounting to $21,650. This represents a 4.2% increase from the $20,780 charged in the previous year.
Approximately 80% of the undergraduate student body at the university are Maine residents, while about 20% come from other states.
Data indicates that 98% of full-time undergraduates who enrolled in 2022-23 received some form of student financial aid. Specifically, 253 students were awarded grants or scholarships totaling $2.2 million, and 167 students obtained student loans exceeding $1.1 million.
Across the entire undergraduate population, 1,104 students benefited from grants or scholarships amounting to $10.7 million. Additionally, 698 students secured federal student loans totaling $4.3 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the University of Maine at Farmington in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 120 | 46% | $714,965 | $5,958 |
| State / local grant or scholarship | 116 | 44% | $342,715 | $2,954 |
| Institutional grants or scholarships | 241 | 92% | $1.2 million | $4,922 |
| Grant or scholarship aid total | 253 | 96% | $2.2 million | $8,869 |
| Federal student loans | 162 | 62% | $837,815 | $5,172 |
| Other student loans | 26 | 10% | $272,815 | $10,493 |
| Student loan aid | 167 | 63% | $1.1 million | $6,650 |
| Total student aid | 259 | 98% | $3.4 million | $12,951 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
