Tuition fees at Saint Joseph’s College of Maine rose by 4% for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $41,586 to attend the private, four-year, not-for-profit college this year, an increase of $1,600 from the $39,986 charged during the 2021-22 academic year.
Approximately 57% of the undergraduate students at the college are residents of Maine, while about 42% come from other states.
Data indicates that all full-time undergraduates who enrolled at Saint Joseph’s College of Maine in the 2022-23 school year received some form of financial aid. Specifically, 199 students were awarded grants or scholarships totaling $6 million, and 152 students borrowed over $2 million in student loans.
Across the entire undergraduate population, 656 students received grants or scholarships amounting to $17.7 million. Additionally, 591 students took out federal student loans totaling $3.9 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.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Saint Joseph’s College of Maine in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 54 | 27% | $281,547 | $5,214 |
| State / local grant or scholarship | 50 | 25% | $119,000 | $2,380 |
| Institutional grants or scholarships | 199 | 99% | $5.5 million | $27,887 |
| Grant or scholarship aid total | 199 | 99% | $6 million | $29,900 |
| Federal student loans | 150 | 75% | $867,713 | $5,785 |
| Other student loans | 60 | 30% | $1.1 million | $18,968 |
| Student loan aid | 152 | 76% | $2 million | $13,196 |
| Total student aid | 200 | 100% | $8 million | $39,779 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
