Graduate Costs and Aid

Graduate tuition, fees and fiscal policies are established by the Academy Board of Trustees and may be adjusted by the Board without prior notice.

Graduate Program Tuition and Fees | Updated January 2, 2024

Application Fee	None
Online Graduate Tuition Rate per credit hour	$900
Online Technology Fee	$140 per semester/term
Online Administrative Fee	$42 per semester/term
Alumni Advantage Online: Online graduate students in the Alumni Advantage program will pay a flat discounted rate.	$750 per credit hour

* Books are additional and vary by course.

Upon notification of acceptance, students will be required to deposit a $250.00 non-refundable fee, which will be credited toward tuition for the first semester attended.

Undergraduate Tuition and Fees | Updated May 11, 2023

(These rates apply to the SVO component of the M.S. in Maritime Management program)

Tuition (per credit hour):
In-State: $383
New England Regional: $587
Out-of-State: $896

Fees (per year):

Administrative Fee	$760
Student Life Fee	$244
Security Deposit	$250
Technology Fee	$1,200
Recreation Fee	$220
Energy Fee	$640
Medical Services Fee	$208

Payments for student accounts, declining balances, or parking permits can be made electronically by signing into your MyMMA account. Direct debit payment (ACH/electronic check) using Visa/MasterCard or Discover is available at no charge; American Express can also be used but will require a 2.9% fee on all transactions.

All payments are in U.S. dollars, and funds must be drawn from a United States banking institution.

Financial Statement
An audited Financial Statement is produced following the end of each fiscal year. Please request a copy by writing to the Office of Administration, Finance, and Governmental Relations.

Refund Policy for all master’s degree students who withdraw from courses:
Students register for their courses before each semester and receive tuition notices based on their registration. Students may register for one or two classes per semester.

Refunds for withdrawals are in accordance with the following schedule:

• Prior to the beginning of the third week – 75%
• Prior to the beginning of the fourth week – 50%
• After the beginning of the fourth week –  NO REFUND

A student who withdraws must file a Withdrawal Notice in writing with the Registrar’s Office. Notification should also be sent to the Graduate Office via email. This notification does not replace the Notice Of Withdrawal to the Registrar. Refund credit will be computed from the time that official notice is received in the Registrar’s Office. Non-attendance does not constitute an official withdrawal.

Fees will not be refunded. Acceptance deposits, and initial registration fees are non-refundable.

Financial Aid
Graduate students who are United States citizens may receive financial aid from several sources. Graduate students may be eligible for $20,500 in a Direct Unsubsidized Stafford Loan. Occasionally, grants and scholarships from nonprofit organizations, professional organizations, and transportation-related companies become available. Students are encouraged to check with their local libraries or the website for scholarship possibilities.

Students in the Maritime Management program may also seek employment in the area or on campus and may, in certain circumstances, qualify for federal work-study funds. Depending upon an international student’s immigration status, they may be eligible for on-campus employment.

When applying for financial aid, prospective and returning students must complete the Free Application for Federal Student Aid (FAFSA); in some cases, a verification worksheet may be required and will be requested by Maine Maritime Academy.

For information regarding Financial Aid, please contact the Director of Financial Aid at 207-326-2682.

When do you file a FAFSA?
You may file your FAFSA as early as October 1 for the following academic year. Maine Maritime Academy may request additional information once the FAFSA is filed. Though graduate applications are processed on a rolling basis, we advise you to complete all necessary financial aid applications as soon as possible.

Veterans
MMA programs are approved for the enrollment of military personnel, veterans, and their eligible dependents under the various educational assistance programs (GI Bills). Programs are approved by the State Approving Agency, Division of Military and Veterans Education, or State Department of Education. Students who plan to receive veterans’ education benefits must contact Casey Littlefield, VA Certifying Official, by phone or email: 207-326-2236 or casey.littlefield@mma.edu.

Insurance
MMA’s Academic Year is July 1– June 30 of the following calendar year. All students are required to sign onto the MMA portal to complete the online insurance information once per academic year; this action must be completed no later than the last business day of the first week of class.

The link to the student insurance information can be found by logging in to the student portal.

Payments
Tuition Payments/Invoices are due and payable no later than the last business day of the first week of class.

Students relying on Financial Aid to pay balances must have all signed award letters, Master Promissory Notes, and Entrance Counseling requirements completed no later than the last business day of the first week of class.

Students who determined to not be in satisfactory financial standing by the MMA Finance Department are subject to being placed on a “STOP” list; this will prevent them from seeing their grades and may affect their access to the Learning Management System.

For additional information regarding student billing, please contact Diane Harmon, Student Account Manager, at (207) 326-2243 or diane.harmon@mma.edu.