Financial Aid

MMA offers many financial aid options to help you afford your college career. Our goal is to provide understanding about available funding, how to access it and which options work best for you. Explore the links in the Financial Aid section to learn more!

Financial aid can be a combination of funds that include scholarships, grants, loans, and work study. Our dedicated staff wants to help you navigate your financial aid journey. Please email us for information or to schedule an appointment.

The FAFSA Simplification Act

The FAFSA Simplification Act went into effect on July 1, 2023, introducing several important changes aimed at making the federal student aid process easier and more accessible for students and families. Key updates include the introduction of the Student Aid Index (SAI), which replaces the Expected Family Contribution (EFC), and changes to how parental income is reported, particularly for students with separated or divorced parents. Additionally, the new system no longer considers the number of siblings in college when determining eligibility for need-based aid. Parents without a Social Security Number (SSN) will also be able to create an FSA ID to expedite the FAFSA submission process. These changes are aimed at streamlining the application process, making it more straightforward and equitable for all applicants.

At Maine Maritime Academy, the FAFSA (Free Application for Federal Student Aid) plays a vital role in helping students access the financial support they need to pursue their education. By completing the FAFSA, students become eligible for a range of federal, state, and institutional financial aid options, including grants, loans, and work-study opportunities. For students at Maine Maritime Academy, the FAFSA is an essential step in securing the financial resources that can support their academic and career goals, allowing them to focus on their studies and training without the added stress of financial barriers.

We encourage all students to complete the FAFSA as early as possible to maximize their financial aid opportunities. If you have any questions or need assistance, please don’t hesitate to contact our financial aid office. We are here to guide you through the process and provide the support you need to succeed.

MMA Financial Aid PortalLogin to complete forms and accept awardsFile your 2025-2026Free Application for Federal Student Aid (FAFSA)