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Annual Costs

Undergraduate Tuition

University of Maine at Farmington tuition is $8,220 per year for in-state residents. This is 14% more expensive than the national average public four year tuition of $7,203. The cost is 65% cheaper than the average Maine tuition of $23,554 for 4 year colleges. Tuition ranks 6th in Maine amongst 4 year colleges for affordability and is the 15th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $17,700 which represents a 115% premium.

The school charges an additional fees of $898 in addition to tuition bringing the total effective in-state tuition to $9,118.

Housing Costs

On campus room and board is provided by the school at a cost of $9,626 per academic year. Students electing to live off campus elsewhere in Farmington should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $900.

Other Living Expenses

If living on-campus, students should budget for $2,918 in additional living expenses. Off-campus students should budget for $2,918 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Maine residents to go to UMF is $22,562 for the 2018/2019 academic year. Out-of-state students who don't have Maine residence can expect a one year cost of $32,042.

Citation: Price data from the U.S. Department of Education's 2018-2019 and 2017-2018 IPEDS survey response for University of Maine at Farmington and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for University of Maine at Farmington
Estimated Budgets
Maine Resident Total Budget $22,562
   In-State Tuition$8,220
   Other Fees$898
   Room and Board$9,626
   On-Campus Other Budget$2,918
   Books and Supplies$900
Non-Resident Total Budget $32,042
   Out-of-State Tuition$17,700
   Other Fees$898
   Room and Board$9,626
   On-Campus Other Budget$2,918
   Books and Supplies$900

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $22,562 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported UMF net price for in-state students is $13,554* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

90% of University of Maine at Farmington students received grant aid in 2014/2015. The average total aid amount was $7,470. 51 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,132. To apply for a Pell Grant to attend University of Maine at Farmington, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for University of Maine at Farmington
Financial Aid Summary
Average Annual Net Price$13,554*
Percent of Students Receiving Grant Aid90%
Average Total Grant Aid$7,470
Percent of Students Receiving Pell Grants51%
Average Amount of Pell Grant Aid$4,132

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$10,861
$30,001 to $48,000$11,976
$48,001 to $75,000$13,322
$75,001 to $110,000$16,922
$110,000+$18,577

Average Financial Aid Mix - $22,562 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $22,562. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

38%
28%
34%

Grants and Scholarships

 38% - $7,470

Money granted to you by the U.S. Department of Education, University of Maine at Farmington or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 28% - $5,529

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 34% -  $6,645

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at University of Maine at Farmington.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at UMF is $90,248 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $13,210 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $52,840**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $112,810 or $66,050 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at University of Maine at Farmington.

Maine Resident Tuition Per Semester$4,110
Maine Resident Total Cost Per Semester$11,281
Non-Maine Resident Tuition Per Semester$8,850
Non-Maine Resident Total Cost Per Semester$16,021

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at University of Maine at Farmington are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at University of Maine at Farmington
Price per credit hour for Maine residents$274
Cost for one class for Maine residents (3 credit hours)$822
Price per credit hour for out of state residents$590
Cost for one class for out of state residents (3 credit hours)$1,770
Cost for one class for out of state residents (4 credit hours)$2,360

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 77% of University of Maine at Farmington students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,529. The reported average student debt upon graduation is $31,776.

Example Loan Payments and Costs

How much are student loan payments for University of Maine at Farmington? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $52,840, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $65,562.32. This could be your effective total out of pocket cost of an education at University of Maine at Farmington. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 90% of students at this school who receive financial aid and you are paying an average annual net price of $13,210. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our University of Maine at Farmington student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

University of Maine at Farmington Student Loan Payments
Example Payments
Monthly Loan Payment$546.35
Amount Borrowed$52,840.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$12,722.32
Sum of All Payments over 10 years$65,562.32

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend UMF? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending University of Maine at Farmington, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $65,562.32 would be needed to afford a $546.35 monthly payment in the example $52,840.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to University of Maine at Farmington in the future? Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $90,248.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for University of Maine at Farmington.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2025$31,028$124,112
Estimated Cost in 10 years for students enrolling in 2030$39,600$158,402
Estimated Cost in 15 years for students enrolling in 2035 $50,541$202,165
Estimated Cost in 18 years for students enrolling in 2038 $58,508$234,032

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at University of Maine at Farmington to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Elementary Education and Teaching Bachelor's Degree 70 10% cheaper
Secondary Education and Teaching Bachelor's Degree 38 12% cheaper
Early Childhood Education and Teaching Bachelor's Degree 35 7% cheaper
Business/Commerce, General Bachelor's Degree 21 15% cheaper
Health Teacher Education Bachelor's Degree 17 9% cheaper
Rehabilitation Science Bachelor's Degree 15 10% costlier
Political Science and Government, General Bachelor's Degree 12 23% cheaper
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 12 24% cheaper
Special Education and Teaching, General Bachelor's Degree 8 10% cheaper
Psychology, Other Bachelor's Degree 7 31% cheaper
Education/Teaching of Individuals in Early Childhood Special Education Programs Bachelor's Degree 6 16% cheaper
General Studies Bachelor's Degree 5 5% cheaper
Biology/Biological Sciences, General Bachelor's Degree 5 21% cheaper
International/Global Studies Bachelor's Degree 3 27% cheaper
Art/Art Studies, General Bachelor's Degree 3 18% cheaper
Women's Studies Bachelor's Degree 3 33% cheaper
Theatre/Theatre Arts Management Bachelor's Degree 3 31% cheaper
Land Use Planning and Management/Development Bachelor's Degree 2 4% costlier
English Language and Literature, General Bachelor's Degree 2 20% cheaper
Mathematics, General Bachelor's Degree 2 22% cheaper
Geography, Other Bachelor's Degree 2 1% costlier
Environmental Science Bachelor's Degree 2 25% cheaper
History, General Bachelor's Degree 2 22% cheaper
Psychology, General Bachelor's Degree 2 21% cheaper
Geography Bachelor's Degree 2 13% cheaper
Environmental Studies Bachelor's Degree 1 34% cheaper
Philosophy and Religious Studies, Other Bachelor's Degree 1 20% cheaper
Geological and Earth Sciences/Geosciences, Other Bachelor's Degree 1 31% cheaper
Computer Science Bachelor's Degree 1 24% cheaper
Music, Other Bachelor's Degree 1 27% cheaper
Sociology Bachelor's Degree 1 22% cheaper
Geology/Earth Science, General Bachelor's Degree 1 23% cheaper
Art History, Criticism and Conservation Bachelor's Degree 1 35% cheaper
Creative Writing Bachelor's Degree 1 30% cheaper

Calculators

Use the calculators below to formulate a college savings plan for University of Maine at Farmington or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford University of Maine at Farmington in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a University of Maine at Farmington student loan.

Prepayment Option

About University of Maine at Farmington

University of Maine at Farmington is a four year public college located in Farmington, Maine.  Full time enrollment is 1,564 and part time is 476. Learn more about getting accepted at University of Maine at Farmington at CollegeSimply.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
University of Maine at Farmington
224 Main St
Farmington, Maine
04938-9978

For Profit / Not For Profit Status

University of Maine at Farmington is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

University of Maine at Farmington cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=161226 IPEDS survey data.