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Chancellor James Page and the presidents of Maine’s public universities announced today that almost 25% of Maine students in the University of Maine System this spring are attending college free of tuition and fee expenses.
The 4,077 Maine students whose tuition and fee obligations were completely covered with grant and scholarship aid represent nearly 24.4% of the 16,718 Maine undergraduates enrolled this semester.
Last year the financial aid offices of Maine’s public universities provided 23,948 students with an average financial aid award of $12,096, an all-time-high across the system. Cost of attendance can include other expenses in addition to tuition and fees and eligibility for aid, which can include student loans, varies from student to student.
Maine’s universities are able to provide free tuition and fee attendance for 4,077 Maine students because of the work done across the campuses and with state partners to close the gap between college costs and available aid resources.
The University of Maine System is a founding partner of MaineSpark, an education and workforce initiative with a common goal: By 2025 60% of Mainers will hold education and workforce credentials that position Maine and its families for success.
Here are some highlights of today’s report:
The proposed fiscal year 2020 university budget includes an in-state undergraduate tuition adjustment of 2.5% for most campuses based on the consumer price index. The $6.6 million investment in new institutional grant and scholarship resources is a 7.62% increase over the fiscal year 2019 budget.
“Affordability and access for Maine students have been top priorities for Chancellor Page, the campus presidents and the Board of Trustees over the last seven years,” said Trevor Hustus of Hollis, a student trustee on the UMaine board. “Holding the line on tuition while increasing financial aid resources by 40% are paying off for students, lowering our cost of attendance, and reducing reliance on student loans."
The fiscal year 2020 university budget currently under consideration by the board includes a 3% increase in state appropriation proposed by Gov. Janet Mills in her biennial budget proposal. The governor has also proposed investments in early college education and adult degree completion programs that are critical to expanding access to Maine learners of all ages.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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