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 | August 2021-May 2022
|Online Graduate Tuition Rate per credit hour||$900|
|Online Technology Fee||$130 per course|
|Online Administrative Fee||$40 per semester/term|
|Alumni Advantage Online: Online graduate students in the Alumni Advantage program will pay a flat discounted rate regardless of residency.||$750 Alumni Advantage Online 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.
Tuition and Fees for the Small Vessel Operations component of the Maritime Management program
New England Regional: $17,040
|Student Life Fee||$230|
|Medical Services Fee||$134|
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 with a 2.9% fee on all transactions.
All payments are in U.S. Dollars and funds must be drawn on a United States banking institution.
An audited Financial Statement is produced following the end of each fiscal year. For a copy, please request one 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 prior to each trimester and receive tuition notices based on their registration. Students may register for one or two classes per trimester.
Refunds for withdrawals are in accordance with the following schedule:
- Prior to the third week – 75%
- Prior to the fifth week – 50%
- Prior to the seventh week – 25%
- After start of seventh week – 0%
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, if any, are refunded on a prorated basis for unused weeks. Application fees, acceptance deposits, and initial registration fees are non-refundable.
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 web site 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, s/he 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); and, 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 207-326-2339.
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.
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 Laura Nason-Moulton, VA Certifying Official, by phone or email: 207-326-2384 or email@example.com.
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.
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 firstname.lastname@example.org.