Real Examples — Maine Students

Real Examples of First-Year Student Aid Packages Below are some sample financial aid awards received by first-year students in the University of Maine at Farmington (UMF) class of 2015 who are Maine residents. We hope the examples will help you better understand the types of packages that are typically awarded.

The case studies below (composites based on real UMF students) are intended for informational purposes only. The actual cost is dependent on your specific situation.

Note: The case studies below are based on the University of Maine at Farmington's 2010-2011 expenses of $16,646 per year.


Sarah

Sarah is from a family of three living in Bangor area. Her parents are divorced and she lives with her mother. Sarah and her sister attend college. Her mother's annual household income is $33,000 and her family's additional assets are $1,800. Sarah's Family Contribution (from the FAFSA) was $1,000.
UMF Bill $16,646
Minus Financial Aid - $15,050
Balance Left To Pay $1,596

How Did This Work?
Sarah applied for - and received - the following financial assistance:
Pell Grant $4,500; Maine State Grant $1,000; Academic Competitiveness Grant $750; Federal Supplemental Educational Opportunity Grant $200; Federal Work-Study $1,600; Stafford Loan $5,500; outside aid $1,500.


Josh

Josh is from a family of four living in southern Maine. He is the only one in his family attending college. His family's annual household income is $47,000 and his family's additional assets are $9,000. Josh's Family Contribution(from the FAFSA) was $3,400.
UMF Bill $16,646
Minus Financial Aid - $13,800
Balance Left To Pay $2,846

How Did This Work?
Josh applied for - and received - the following financial assistance:
Pell Grant $2,100; Maine State Grant $1,000; Federal Supplemental Educational Opportunity Grant $1,500; Federal Work-Study $1,600; Stafford Loan $5,500; University Grant $1,000; outside aid $1,100.


Emily

Emily is from a family of four living in central Maine, with two in college. Her family's annual household income is $75,000 and her family's additional assets are $100. Emily's Family Contribution (from the FAFSA) was $6,300.
UMF Bill $16,646
Minus Financial Aid - $10,100
Balance Left To Pay $6,546

How Did This Work?
Emily applied for - and received - the following financial assistance:
University Grant $3,000; Stafford Loan $5,500; federal Work-Study $1,600.

Justin

Justin is from a family of three living in western Maine. His parent's annual household income is $68,000 and his family's additional assets are $25,000. Justin's Family Contribution (from the FAFSA) was $10,100.
UMF Bill $16,646
Minus Financial Aid - $8,800
Balance Left To Pay $7,846

How Did This Work?
Justin applied for - and received - the following financial assistance:
University Grant $1,800; Stafford Loan $5,500; outside aid $1,500.

*Please note: For each example the UMF Bill includes: tuition, mandatory fees, room & board. The figure used to determine financial aid, however, is $19,560, which ALSO takes into consideration other expenses such as travel, books, and miscellaneous expenses. Federal Work-Study does not go toward the UMF Bill.