Maine Maritime Academy Tuition & Cost

  • 7/10 Overall Rating
  • 4 Year
  • Castine, ME
  • 0 reviews

How Much Does It Cost to Attend?

In State Maine Resident Sticker Price

$35,280

Out of State Resident Sticker Price

$51,224

Breakdown

In State Costs for Maine Maritime Academy
  • Tuition $15,158
  • Books and Supplies $1,300
  • Other Fees $3,340
  • Room and Board $12,282
  • Budget for Other Expenses $3,200
  • Total One Year Cost $35,280

In-State Tuition

In-state tuition at Maine Maritime Academy for undergraduate students residing in Maine is $15,158. Room and board charges total $12,282 per year. Students will also need to budget for books and supplies, which typically amount to $1,300 annually. Other administrative or academic fees are $3,340 for the year. Additionally, students should plan an estimated $3,200 for other miscellaneous expenses throughout the year. In sum, residents attending Maine Maritime Academy full time should expect a total annual cost of $35,280.

Out-of-State Tuition

Undergraduate tuition at Maine Maritime Academy is $31,102 for out-of-state students. Additionally, out-of-state students are charged $12,282 for room and board, $1,300 for textbooks and educational resources, plus fees of $3,340. Students are advised to budget $3,200 for other expenses. When these costs are combined, annual out-of-state charges total $51,224. This figure is 45.2% higher than what Maine residents pay.

Housing Costs

On campus room and board is provided by the school at a cost of $12,282 per academic year. Students electing to live off campus elsewhere in Castine should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,300.

Other Living Expenses

If living on-campus, students should budget for $3,200 in additional living expenses. Off-campus students should budget for $3,200 in other miscellaneous living expenses.

All price data is sourced from the IPEDS 2025 survey for academic year 2024/2025.

Net Price

The average reported annual net price for Maine Maritime Academy for students receiving grants or scholarship aid was $23,618* in 2023/2024. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2023/2024

$23,618

Below is the average net price by student family income.

Net Price by Income Maine Maritime Academy
Family Income Net Price Paid
$0 to $30,000$9,511
$30,001 to $48,000$21,690
$48,001 to $75,000$21,162
$75,001 to $110,000$24,372
$110,000+$25,021

The net price provides a more realistic estimate of the true cost of attending Maine Maritime Academy, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's IPEDS 2025 survey for academic year 2023/2024. 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.

Financial Aid

100% of full-time undergrad Maine Maritime Academy received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,699 per student during the 2023/2024 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

19 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2023/2024 was $4,684. To apply for a Pell Grant to attend Maine Maritime Academy, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

59% of students received Federal Student Loans averaging $5,371 and 35% of undergrads took out private student loans averaging $23,794.

Financial Aid Maine Maritime Academy
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,699 100%
Institutional Grants and Scholarships $6,196 100%
Pell Grants $4,684 19%
Other Federal Grants $1,149 14%
State and Local Grants $3,183 14%
Federal Student Loans $5,371 59%
Other Student Loans $23,794 35%

Data Source, IPEDS 2025 survey for academic year 2023/2024

Financial Aid Mix - $35,280 In-State Total Cost

CollegeSimply has modeled example payment coverage for the annual in-state tuition and living expenses of $35,280. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

Grants 24%
Loans 17%
Out of Pocket 59%

Grants and Scholarships

24% - $7,699

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

Federal Student Loans

17% - $5,371

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

Out of Pocket Cost

59% - $19,010

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

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to Maine Maritime Academy, we've modeled a ten year student loan with an original principal value of $94,472. The loan balance of $94,472 is a four year multiple of the $23,618 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,074 could be required to pay off your student loan. The total of all payments including interest would sum $128,840.65.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 6.52%.

Example student loan for Maine Maritime Academy
Example Loan $94,472
Stafford Loan Interest Rate 6.52%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,073.67
Total Interest Paid $34,368.65
Sum of All Loan Payments $128,840.65

Student Loan Affordability

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 Maine Maritime Academy, should 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 $128,840.65 would be needed to afford a $1,073.67 monthly payment in the example $94,472.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Maine Maritime Academy student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$141,120
Projected degree price by year for Maine Maritime Academy
Year Maine Residents Non Residents
1 $35,280 $51,224
2 $38,160 $55,406
3 $41,276 $59,930
4 $44,646 $64,822

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Maine Maritime Academy to be $141,120 - assuming graduation in normal time. The estimation assumes a 8.2% annual increase over the next 4 years which has been the recent trend for this school.

Tuition Details

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Maine Maritime Academy
Price Per Credit 3 Credit Class 4 Credit Class
Maine Residents $394 $1,182 $1,576
Out of State Residents $922 $2,766 $3,688

Estimated cost for a class at Maine Maritime Academy based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Maine Maritime Academy versus other colleges.

Tuition Payment Plans Available

Maine Maritime Academy Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Tuition History

Historical in-state and out-of-state tuition and price increases for Maine Maritime Academy.

Tuition history for Maine Maritime Academy
Year In-State Out-of-state Annual Increase
2023 $11,474 $26,954 0%
2022 $11,474 $26,954 2%
2021 $11,250 $26,170 2%
2020 $11,030 $25,410 2.5%
2019 $10,764 $24,792 3%
2018 $10,450 $24,070 2%
2017 $10,250 $23,600 2%
2016 $10,050 $23,130 3%
2015 $9,760 $22,334 3.4%
2014 $9,440 $21,080 4%
2013 $9,080 $19,900 5.6%
2012 $8,600 $18,000 3.9%
2011 $8,280 $17,000 -18.1%
2010 $10,105 $17,805 5.2%
2009 $9,605 $16,905 9.1%
2008 $8,805 $15,405 7.4%
2007 $8,195 $14,505 6.7%
2006 $7,680 $13,610 8.2%
2005 $7,095 $12,635 9%
2004 $6,510 $11,560 11.5%
2003 $5,840 $10,460 8.5%
2002 $5,384 $9,419 3%
2001 $5,226 $9,148 2.6%
2000 $5,092 $8,900 -14.9%
1999 $5,984 $9,639 9.7%
1998 $5,456 $8,970 5.3%
1997 $5,180 $8,405 22.5%
1996 $4,230 $7,370 2.9%
1995 $4,110 $7,160 6.8%
1994 $3,850 $6,795 4.9%
1993 $3,670 $6,390 10.5%
1992 $3,320 $5,760 5.1%
1991 $3,160 $5,485 3.6%
1990 $3,050 $5,180 -20.4%
1989 $3,831 $6,205 -39.7%
1988 $6,355 $8,192 110.1%
1987 $3,025 $4,925

Plan and Calculate Costs

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Maine Maritime Academy 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 Maine Maritime Academy student loan.

Prepayment Option

Costs for Similar Colleges

Explore costs at colleges similar to Maine Maritime Academy

Data source: NCES / IPEDS https://nces.ed.gov/collegenavigator/?id=161299.

Last updated: August 2026