Your Financial Aid Package

Factors used in the determination of your financial aid package include your cost of education and your Estimated Family Contribution (EFC), which is derived from the income and asset information that you and your family provide on the financial aid application (FAFSA).

2011-2012 Annual Expenses

The following estimated annual expenses are based on a full-time credit load of 15 credits per term, double room and a 19-meal per week plan.


($222/ credit) 
($616/ credit) 
New England
 Regional Program*

($333/ credit)
($351/ credit) 
Tuition  $6,660  $18,480   $9,990  $10,530
Fees   $820   $820   $820   $820
Room & Board    $7,648  $7,648    $7,648   $7,648
Yearly Total  $15,128  $26,948   $18,458  $18,998

*Click here for a list of NEBHE eligible programs.

Determining Your Financial Aid Package

You can estimate your eligibility for federal student aid using these costs based on UMM's prior year tuition, fee and room and board rates by using the FAFSA4caster.

Financial Aid Package Examples

Federal Pell Grant $5500
Federal SEO Grant
Federal Perkins Loan
Federal Work Study $1600
UMM Grant $1500
UMM Housing Grant $1500
Federal Direct Stafford Loan $5500
Federal Pell Grant $2750
Federal SEO Grant
UMM Housing Grant
ME State Grant $1000
Federal Work Study
Federal Direct Stafford Loan $5500
Presidential Scholarship $5500
UMM Housing Grant
Federal Direct Stafford Loan $5500

Question: Will I receive enough financial aid to cover my entire need?

Answer: Not always. If your financial need is not fully met by aid provided by UMM, there are other options available. Some of these choices may include a tuition payment plan, which allows you to spread out payments over a set period of time, a Parent PLUS loan, or an alternative loan.

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