Financing Your Education
Financing a college education is a partnership between you, your family, and the University. We aim to help you maximize the resources available to you. We are your resource for all things financial during your time at UNE — don’t hesitate to contact us with questions.
UNE is committed to providing a strong return for your investment in education. That means offering a quality academic experience that is within reach. Our Student Financial Services team is here to support you in the process of planning your UNE education.
Costs
View our undergraduate cost information and then use the net price calculator to figure out your aid eligibility and out-of-pocket costs.
UNE Announces Tuition-Free Program for Eligible Students
The Tuition-Free Program reflects UNE’s commitment to student success and the economic development of Maine and New England.
Committed to Affordability
UNE offers a Merit Scholarship program that bases gift money awards on your level of academic achievement. We also offer institutional grants and scholarships. If the financial aid you are awarded does not cover all of your direct costs, we help you find ways to fund the remaining balance.
of Undergraduate students receive merit-based scholarships
average total award package for our students
in institutional scholarships awarded annually
Fill out the FAFSA
The Free Application for Federal Student Aid (FAFSA) determines your eligibility for all federal student aid programs and all need-based UNE funds and must be filed annually.
Types of Aid
Grants and Scholarships
Federal Work Study
Additional Resources
A SOUND INVESTMENT IN EDUCATION
As you consider the cost of higher education, it is worthwhile to also consider the return you receive on your investment. At UNE, we believe your degree should be valuable and enduring.
UNE has been included in the 2024 edition of The Princeton Review’s Best 386 Colleges guide. This highly selective list includes only the top 15% of four-year colleges and universities in the U.S. We've also been recognized in U.S. News & World Report and MONEY® Best Colleges lists.
This recognition translates to student success.
- Zippia ranks UNE first in Maine for graduates getting jobs.
- The Brookings Institution ranked UNE first among Maine universities and colleges for its ability to increase students’ career earnings.
- Surveys of 2016–2022 undergraduates show that 95% were employed or enrolled in ongoing higher education within a year of graduating.
With a UNE diploma, manageable college expenses, and our commitment to partnering with you and your family, you are well equipped for the transition after college.
Financial Strength
Our University has a proven reputation for being financially stable and for prudent management of resources. We view sound fiscal management as key to ensuring the value of your degree.
- UNE is Maine's largest private university
- We have an A2 rating from Moody's Investor Services and an A+ credit rating from Fitch Ratings
- Our annual operating budget of nearly $250 million supports three campuses and six colleges
- We have re-invested $100 million into campus and program enhancements in the past five years
Meet With SFS
Current and admitted students can make an appointment with SFS to discuss Financial Aid, paying for college, and your student account. Appointments are available in person, online, and via phone.
Student Financial Services
For information about the financial aid and billing process contact Student Financial Services at sfs@sherbornecottages.com or (207) 602-2342. Our office hours are Monday–Friday 9 a.m.–4 p.m.