OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

University of Maine at Presque Isle (UMPI) Financial Aid and Scholarships 2022

Located in Presque Isle, ME, University of Maine at Presque Isle is a public university. The university covers an area of 150 acres. It was in 1903 when the University of Maine at Presque Isle was founded. Keeping the pursuit of research, innovation, and excellence at the center, University of Maine at Presque Isle has been imparting quality education to its students. The motto of the varsity is North of Ordinary and its official colors are blue and gold. Across all the courses offered at Un

University of Maine at Presque Isle (UMPI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$4.197M

Financial Aid Official Website

www.umpi.edu/offices/student-financial-services/

It is interesting to note that, every year, around 91% of students at UMPI receive some kind of financial aid, while the total amount of assistance/loans provided is $2,528,177. One can visit UMPI's financial aid page at http://www.umpi.edu/offices/student-financial-services/ for more information. Notably, a total of 73% of the applicants to University of Maine at Presque Isle receive the Federal Grant every year. In comparison, 87% of the students are awarded the Student Grant, 75% get the Institution Grant, and 59% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,604, and the same stands at $1,417 for State Grant awardees and $2,668 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,167. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At University of Maine at Presque Isle, the percentage of candidates who opt to avail of student loans is around 64%.

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