Student Financial Services

Managing Finances

Student borrowing and debt is a concern to us at USM. Although many student loan programs are available to assist you in meeting your college expenses, we anticipate that you will make educated decisions about how much you borrow. The following are average debt levels at graduation for our 2018 graduates:

Average Undergraduate debt: $26,700

Average Graduate debt: $38,707

The average indebtedness figures listed here represent average student loan debt for all students who borrowed and graduated in the past year. This includes students who first enrolled at USM as first time college students and as transfer students. The loan debt includes student loan debt incurred at USM, but not debt acquired at prior institutions in cases where students transferred to USM. These figures may differ from those listed in several national publications


The links that follow will provide valuable resources in assisting you with managing of your expenses and overall debt should you choose to borrow.

  • iGrad- with iGrad, you can:
             - Source a scholarship, internship, or job
             - Get help with student loans
             - Snag money-saving deals
             - Take control of your money