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Saturday, December 21, 2024

Maine universities charging more in 2022-23 school year

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Average tuition fees rose 2.5% for college students in Maine in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $19,623 on average to attend higher education courses at the time, $481 more than the previous school year.

Among the 31 institutions providing full disclosure in the state, Colby College stood out with the highest tuition fees, reaching an average of $63,520. Bowdoin College followed with an average of $61,528 per year. Kennebec Valley Community College students were offered the lowest annual tuition fees at $3,687.

Currently there are 32 higher education institutions in Maine.

At the time, at least $140.6 million in grants or scholarships were awarded to full-time undergraduates who started college in Maine. Additionally, federal student loans reached more than $41.3 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Of the 32 institutions in Maine, Maine Media College did not provide detailed data on tuition fees.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Average Tuition Fees in Maine Universities in 2022-23 School Year

InstitutionAverage Tuition FeesTotal Enrollment
Colby College$63,5202,299
Bowdoin College$61,5281,915
Bates College$61,0661,790
College of the Atlantic$44,829377
Saint Joseph's College of Maine$41,586990
University of New England$40,9503,718
Maine College of Art & Design$39,830380
Beal University$39,570399
Thomas College$29,9961,623
The Landing School$26,01246
Maine Maritime Academy$21,838878
Husson University$21,0902,429
University of Maine$20,5129,774
Northeast Technical Institute$19,782407
Empire Beauty School-Maine$17,625155
Maine College of Health Professions$16,238237
Capilo School of Hair Design$16,000161
University of Southern Maine$14,1065,616
Unity Environmental University$12,6403,698
University of Maine at Farmington$12,2421,558
Spa Tech Institute-Westbrook$11,950248
University of Maine at Fort Kent$9,8591,194
University of Maine at Presque Isle$9,6041,824
University of Maine at Augusta$8,8394,384
Southern Maine Community College$3,9996,007
Central Maine Community College$3,9643,376
Eastern Maine Community College$3,9062,376
York County Community College$3,9041,625
Washington County Community College$3,802505
Northern Maine Community College$3,761783
Kennebec Valley Community College$3,6872,119

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