Cost & financial aid brief
Maine Maritime Academy Tuition, Costs & Financial Aid
How much does Maine Maritime Academy cost after financial aid?
Aid covers about 25% of the published cost for the average aid recipient, a reduction of $7,632 from the sticker price. The pattern across income bands shows lower average net prices at lower incomes, though the difference between the middle and upper bands narrows. The lowest band averages $9,511, while the highest averages $25,021.
The published cost of attendance at Maine Maritime Academy is $31,046. Azimuth ranks the university #1,158 for affordability among nonprofit four-year institutions.
After grants and scholarships, aid recipients from families earning under $30,000 average $9,511, those in the middle band ($48,001–$75,000) average $21,162, and those in the highest band (over $110,000) average $25,021. The spread between the lowest and highest bands is $15,510.
Aid covers about 25% of the published cost for the average aid recipient. The average net price across all aid recipients is $23,414, which is $10,592 above the $12,822 median for comparable institutions (same type and size).
Borrowers who finish carry a median of $27,000 in federal student loans. That is $7,500 above the $19,500 median for comparable institutions.
Parents who borrow hold a separate median of $55,812 in Parent PLUS loans. If repaid over ten years, the median federal student debt corresponds to an estimated payment of $307 a month.
Student loans: what does repayment look like?
Federal-loan borrowers who finish at Maine Maritime Academy carry a median of $27,000. That median sits $7,500 above the $19,500 median for comparable institutions (same type and size).
Parents who borrow through the Parent PLUS program hold a separate median of $55,812.
Four years after completion, federally aided graduates who are working and not enrolled earn a median of $113,298. That places Maine Maritime Academy at the 99th percentile among nonprofit four-year institutions.
Graduates earn about $34,080 more than expects for similar students, a result at the 99th percentile. The earnings scenarios, estimated from the program mix, range from a downside of $75,671 to an upside of $137,352, with a typical scenario of $113,298.
Borrowers who finish carry a median of $27,000 in federal loans, $7,500 above the peer median. If repaid over ten years, that debt corresponds to an estimated payment of $307 a month.
For the separate population of parent borrowers, median Parent PLUS borrowing is $55,812. For student borrowers, that debt corresponds to an estimated payment of $307 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $55,812
- Estimated parent payment
- $709/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 41.8% | High pressure |
| $100,000 | 18.8% | High pressure |
| $150,000 | 8.9% | Caution |
| $200,000 | 5.9% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $27,000
- Institution Parent PLUS debt
- $55,812
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $307/mo
- Estimated Parent PLUS payment · monthly
- $709/mo
- Modeled student + parent payments
- $1,016/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $113,298, with a $23,940 annual allowance for basic expenses:
4.1% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.