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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Maine Maritime Academy since 2011.
For that period, the average number of students who received grants aid/scholarships is 607, which is 62.18 % of all undergraduate students. 773 students which is 79.45% of undergraduate students received federal student loans and the average loan amount is $7,005.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12351 (38%)$11,417295 (32%)$3,878747 (81%)$6,836
2012-13616 (63%)$6,405282 (29%)$4,147781 (80%)$7,566
2013-14597 (60%)$6,510284 (29%)$4,257803 (81%)$7,686
2014-15646 (63%)$6,337299 (29%)$4,353815 (80%)$6,975
2015-16635 (64%)$6,968283 (29%)$4,164807 (81%)$7,859
2016-17700 (69%)$6,695254 (25%)$4,224789 (78%)$6,821
2017-18599 (59%)$7,115281 (28%)$4,047775 (76%)$6,970
2018-19679 (69%)$12,008267 (27%)$4,400763 (78%)$6,608
2019-20663 (67%)$8,626272 (27%)$4,422833 (84%)$6,621
2020-21613 (66%)$9,643261 (28%)$4,436766 (83%)$6,602
2021-22574 (66%)$10,088233 (27%)$4,648623 (72%)$6,509
Average607 (62.18%)$8,347274 (28.18%)$4,271773 (79.45%)$7,005

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 149 (62.18 % of students) received grants or scholarships and its average amount is $6,536. It can cover 21.63% of tuition & fees ($30,226) based on out-of-state rate.
In addition, 193 (81.27 % of students) students get helped from the students loans (average amount : $12,578).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12226 (79%)$4,417214 (75%)$10,380
2012-13160 (60%)$5,006185 (69%)$10,905
2013-14141 (60%)$3,953177 (76%)$10,794
2014-15119 (51%)$5,071190 (82%)$12,917
2015-16113 (55%)$7,368162 (79%)$17,546
2016-17114 (46%)$6,240196 (80%)$12,994
2017-18132 (54%)$6,065203 (83%)$11,964
2018-19148 (67%)$6,702195 (88%)$13,174
2019-20189 (72%)$9,674244 (93%)$12,383
2020-21143 (66%)$8,047197 (91%)$12,778
2021-22151 (74%)$9,358159 (78%)$12,526
Average149 (62.18%)$6,536193 (81.27%)$12,578
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 66 (27.73 % of students) received Pell (federal) grants and its average amount is $4,155.
In addition, 55 students received State/local government grants/scholarships (23.18 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1286 (30%)$3,88241 (14%)$2,60076 (26%)$1,526126 (44%)$3,507
2012-1358 (22%)$4,09822 (8%)$5,02253 (20%)$1,31062 (23%)$6,182
2013-1463 (27%)$4,17623 (10%)$89251 (22%)$86067 (29%)$3,432
2014-1567 (29%)$3,99433 (14%)$80462 (27%)$92169 (30%)$3,656
2015-1651 (25%)$4,20518 (9%)$97848 (23%)$2,02080 (39%)$6,295
2016-1745 (18%)$4,02732 (13%)$1,90039 (16%)$1,94576 (31%)$5,177
2017-1874 (30%)$4,06933 (14%)$77049 (20%)$1,69180 (33%)$4,890
2018-1980 (36%)$4,32236 (16%)$84555 (25%)$1,56487 (39%)$6,089
2019-2087 (33%)$4,32543 (16%)$85567 (26%)$1,433154 (59%)$8,568
2020-2165 (30%)$4,28231 (14%)$1,03262 (29%)$1,937112 (52%)$6,431
2021-2252 (25%)$4,32054 (26%)$1,95644 (21%)$2,642126 (61%)$7,671
Average66 (27.73%)$4,15533 (14.00%)$1,60555 (23.18%)$1,62394 (40.00%)$5,627
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 193 (81.27 % of students) get any students loan help and its average loan amount is $193.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12214 (75%)$10,380211 (74%)$6,11961 (21%)$15,249
2012-13185 (69%)$10,905185 (69%)$5,76164 (24%)$14,871
2013-14177 (76%)$10,794175 (75%)$5,83857 (24%)$15,594
2014-15190 (82%)$12,917188 (81%)$5,73282 (35%)$16,788
2015-16162 (79%)$17,546157 (76%)$5,915104 (50%)$18,401
2016-17196 (80%)$12,994195 (79%)$5,34079 (32%)$19,057
2017-18203 (83%)$11,964200 (82%)$5,98174 (30%)$16,655
2018-19195 (88%)$13,174194 (87%)$5,34987 (39%)$17,602
2019-20244 (93%)$12,383244 (93%)$5,55581 (31%)$20,567
2020-21197 (91%)$12,778195 (90%)$5,48372 (33%)$20,112
2021-22159 (78%)$12,526154 (75%)$5,31054 (26%)$21,739
Average193 (81.27%)$12,578191 (80.09%)$5,67174 (31.36%)$17,876

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