At the University of Southern Maine (USM), we believe education should be affordable; and as a public institution, we offer a smart, lower-cost education. Our Student Financial Services team will work with you and your family to help build a college financing plan that fits your needs. Our goal is to help you focus on your education — not the cost — so you can gain the knowledge, skills, and experience you need to succeed.

Did you know?

  • We have over $30 million in grants and scholarships to award each year
  • Our average financial aid package for undergraduates is over $14,000 per year
  • 73% of our full-time undergraduates receive financial aid that isn’t student loans (scholarships, grants, or federal work study)
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How to apply for financial aid

When it comes to paying for your education, our Student Financial Services team is your go-to resource. Whether you are a student, parent, or family member, we’ll help you navigate the financial aid application process and answer your questions about the FAFSA, loans, scholarships, and more.

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Types of financial aid

There are many ways to finance your education. Our Student Financial Services team can help you understand the various types of aid available to you, including federal-, state-, and university-funded grants, federal student loan programs, work study opportunities, and scholarships.

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New England Regional Student Program (RSP)

In cooperation with the New England Board of Higher Education (NEBHE), we offer reduced tuition rates for some degree programs if you live in Connecticut, Massachusetts, New Hampshire, Rhode Island, or Vermont. Our list of eligible undergraduate and graduate degree programs varies each year.

Expand your financial literacy skills by signing up for a free iGrad account. Explore national scholarship opportunities, finance quizzes, budgeting tools, a library of articles, and more.

Net price calculator

This calculator tool will help estimate your undergraduate financial aid options. Make sure to complete the entire process to get the best possible results. The net prices assume your applications for admission to USM and FAFSA are submitted by the appropriate deadline (February 1 for the fall term). Actual results may vary.

Next steps

Do you need more information? Contact an Admissions staff member or a Student Financial Services staff member.