Cost of Attendance
University of Maine at Farmington is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at UMF is quite low compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $14,429, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing costs $9,902, books and supplies cost $900, while the other expenses add up to $2,986.
Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $14,429. Apart from that, they should also pay an average amount of $900 toward books and supplies, $9,902 for room and boarding charges, and $2,986 toward other expenses in a year. So, the overall cost of attending UMF comes out to be about $28,217 per year, according to the most recent information available. Moreover, the tuition fees that the candidates have to pay stand at $9,344 and $19,514 for in-state and out-state students, respectively.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net price of attending University of Maine at Farmington is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At UMF, the average net price is estimated to be $14,593. The net price for students with an annual family income below $30,000 is reported to be around $11,215. For the individuals who come under the $30,001-$48,000 income category, the net cost is $12,630. On the other hand, an estimated net cost of $13,902 is charged for the $48,001-$75,000 income bracket, $17,976 for the $75,001-$110,000 income category, and $19,668 for an annual family income more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at University of Maine at Farmington
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $52,840
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At University of Maine at Farmington, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $14,429 in a year. Alongside that, they will likewise need to shell out around $9,902 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $28,217.
The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend UMF. At UMF, the cost per credit hour for graduate courses is $110. Also, University of Maine at Farmington currently offers a number of online courses to students across 32 different majors.
As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at UMF. To note, students have to pay $12,888 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $9,902 per year. In addition to that, the candidates will have to pay an amount of about $900 for books and supplies. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,986.
Housing & Other Expenses
Room & Boards
Book & Supplies
A four-year undergraduate course as well as living expenses at UMF are projected to cost around $141,824 as per official data. Notably, the total expenses for undergraduate students amounted to $14,593 in 2018-2019, $14,579 in 2017-2018, and $13,554 in 2016-2017.
College Park, Maryland