University of Maine at Farmington in-state tuition and fees rank among Maine’s lowest in 2024

In 2024, in-state students at the University of Maine at Farmington faced tuition and fees amounting to $11,308, according to the latest disclosure from the National Center for Education Statistics.

This places the university as the 12th least expensive in Maine for 2024.

Tuition and fees for in-state students rose by $319 compared to the previous year.

Out-of-state students paid $23,878 in 2024, marking an increase of $799 from the prior year.

Among Maine institutions, Maine Maritime Academy had the highest tuition and fees for in-state students in 2024.

In the 2023-24 school year, graduate and undergraduate students received more than $256 billion in financial aid.

The average cost of college has more than doubled in the 21st century, growing by approximately 4% every year. In-state students can expect to spend nearly $10,000 on tuition alone per year at a public, 4-year post-secondary school. Meanwhile, out-of-state tuition averages $28,386.

Student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging nearly $29,000 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.

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.