Student Loans for University of Southern Maine Students

About University of Southern Maine

student loansThe University of Southern Maine is split across three campuses, providing easy access to pubic secondary education across the southern part of Maine. The University’s three campuses are located in Portland, Gorham, and Lewiston-Auburn, with each campus housing different aspects of the school, from different undergraduate programs in Occupational Therapy to Applied Sciences and from New England Studies to Industrial Technologies. USM certainly offers students variety, both in subjects to be studied and in location, so there’s something for everyone.

Creating a budget to tighten up on spending money while at college is always tricky, and is doubly so when receiving University of Southern Maine financial aid. Certain aspects of the University can negatively affect your budget, such as the minimal amount of on-campus housing offered on the Portland and Lewiston-Auburn campuses.

University of Southern Maine Student Loans

student loansAll financial aid packages are concocted equally, at least in terms of ingredients; like anywhere else, USM aid packages include student loans, work-study programs, scholarships, and grants. For many students, that mix is enough funding to afford attending USM, but for some, more funding is necessary to cover costs. For these students, private student loans are often a good source of funding when all other options have been exhausted. If you’re considering a private student loan, make sure you exhaust all other forms of aid first. If you are ready to apply for a loan, or want to find the right one for you.

Pay for University of Southern Maine*

Total Avg. Cost $23,446
Tuition $6,930
Room & Board $8,996
Financial Aid Information
Students Receiving Fin Aid 89%
Typical Grant Amounts
State/Local $1,318
Federal $3,383
%Receiving Loans 77%
Avg. Other Stud. Loans $9,768
%Receiving Other Loans 12%

Get into University of Southern Maine

Admission Rate 84%
Total Enrollment 9,655
Men 41%
Women 59%
Graduation Rate 37%
Application Fee $40

Contact University of Southern Maine

96 Falmouth St
Portland, ME 04103(207) 780-4141
Financial Aid Office URL
Admissions Office URL

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics


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