College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford Massachusetts Maritime Academy?

Concerned about paying for college? Take a look at Maritime’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $7,713 & $44,456

Worried about paying the full cost of $44,456 to attend Massachusetts Maritime Academy? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Massachusetts, the school offers a discount of 59.4% off tuition and fees. Also, 52.6% of freshmen receive some form of financial aid, with the average amount totaling $11,675. Students from low-income families receive an average of $21,623 in aid during their first year.

Cost for Residents of Massachusetts (no aid)

Tuition and fees$10,314
+ Room and board$13,352
+ Other expenses$5,670
Total cost$29,336
Affordability Score (41 out of 100)
more expensive
less expensive

Net Price for Residents of Massachusetts (with average aid)

Total cost$29,336
- Grants and scholarships$11,675
Net price$17,661
Affordability Score (54 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Massachusetts

Total cost$29,336
- Grants and scholarships$21,623
Net price$7,713
Affordability Score (93 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$25,434
+ Room and board$13,352
+ Other expenses$5,670
Total cost$44,456
Affordability Score (24 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$44,456
- Grants and scholarships$11,675
Net price$32,781
Affordability Score (16 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$44,456
- Grants and scholarships$21,623
Net price$22,833
Affordability Score (38 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Maritime.

Projected Costs Between $43,542 and $271,549 For a Four Year Degree. Between $19,671 and $131,894 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Massachusetts Maritime Academy in 2020 - 2021 was $29,336. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.6% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $30,863 during their first year. By their senior year, that cost will be approximately $33,304, for a bachelor degree candidate ($31,656 for an associate degree candidate) for a total of $128,294 over the course of four years ($62,520 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $196,637 based on a yearly growth rate of 2.9%. The expected two-year cost is $95,509.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Massachusetts Maritime Academy

Cost With Interest for Residents of Massachusetts

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.3%2.6%
Freshman year$9,360$19,227$30,863
Senior year$10,311$20,062$31,656
Total 2-year net price$19,671$39,289$62,520
10-year loan interest @ 6.8%$7,494$14,968$23,818
Total monthly payment$226$452$719
Total amount paid$27,165$54,257$86,337
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.3%2.6%
Freshman year$9,360$19,227$30,863
Senior year$12,512$21,841$33,304
Total 4-year net price$43,542$82,062$128,294
10-year loan interest @ 6.8%$16,588$31,263$48,875
Total monthly payment$501$944$1,476
Total amount paid$60,129$113,325$177,169

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.4%2.9%
Freshman year$23,076$33,077$47,072
Senior year$23,198$33,226$48,437
Total 2-year net price$46,274$66,302$95,509
10-year loan interest @ 6.8%$17,629$25,259$36,385
Total monthly payment$533$763$1,099
Total amount paid$63,902$91,561$131,894
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.4%2.9%
Freshman year$23,076$33,077$47,072
Senior year$23,445$33,525$51,287
Total 4-year net price$93,039$133,203$196,637
10-year loan interest @ 6.8%$35,444$50,745$74,912
Total monthly payment$1,071$1,533$2,263
Total amount paid$128,484$183,948$271,549

Visit net price and financial aid to learn more about the total cost of attending Massachusetts Maritime Academy.

Further Questions to Consider

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