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The merit-aid verdict at University of Southern Maine
USM rewards musical talent, business ambition, and demonstrated leadership with a wide range of merit awards.
Who this school is for
Talented musicians will find exceptional opportunities here, while aspiring business professionals and student leaders are also strong candidates for competitive merit recognition.
Tuition / cost of attendance: Approximately $9,480 for 2026-2027. Source
Federal cost and outcome data
Federal reporting on who actually enrolls at University of Southern Maine, what they paid after aid, and what happened next — independent of anything the school markets.
Average annual net price by family income at University of Southern Maine, academic year 2021-22 — in-state, Title-IV aid recipients only
Family income
Average net price paid
$0–$30,000
$9,999
$30,001–$48,000
$10,847
$48,001–$75,000
$12,550
$75,001–$110,000
$16,750
$110,001+
$19,180
All income levels (average)
$13,596
Sticker price vs. what students actually pay
Published tuition & fees (in-state), AY 2022-23
$11,284
Published tuition & fees (out-of-state), AY 2022-23
$27,944
Average net price paid (all Title-IV aid), AY 2021-22
$13,596
That works out to roughly a 43% discount below the federal AY 2021-22 average cost of attendance of $23,717 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).
University of Southern Maine is a public school; Scorecard's net price figure covers in-state, Title-IV-aid-recipient payers only — there is no comparable federal figure for out-of-state students.
Outcomes for students who enrolled here
Graduation rate (150% of normal time), 2016 cohort
40%
First-year retention rate, 2021 cohort
74%
Median debt at completion, 2020–2021 completers
$19,060 (~$202/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21)
$49,958
Share of students receiving a Pell grant, AY 2021-22
46%
Share of students receiving a federal loan, AY 2021-22
53%
Institutional merit aid tiers
Every tier below is sourced to the school’s own published financial aid pages. Renewal terms apply only if the student maintains the stated GPA.
Lesser-known scholarships at University of Southern Maine
Named awards that don’t always surface on the main financial aid page. Each one has its own eligibility rules.
AmountAmount not publishedEligibilityPeter Martin Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityWilliam Bingham, II Scholarship is for full-time music majors who maintain a minimum cumulative GPA appropriate to career level; the award varies and the deadline is February 28.
Amount$1,000EligibilityRoyer Advisors & Accountants Outstanding Achievement Scholarship is for accounting majors who are juniors or seniors with a minimum 3.3 GPA, preferably 3.5; the award is $1,000.
AmountAmount not publishedEligibilityRoberta and Joseph A. Zinni Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityRonald Cole Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityPhilip and Joan Jagolinzer Scholarship is for students who completed a class in intermediate accounting or accounting theory at USM, with a minimum 3.3 overall GPA and minimum 3.4 GPA in accounting courses; the award varies.
AmountAmount not publishedEligibilitySport Management Scholarship is for sport management majors with a minimum 3.0 GPA who are enrolled in a sport management internship for the upcoming academic year; the award varies.
Amount$1,000EligibilityRobert W. Berry Memorial Scholarship is for School of Business majors with a minimum 2.5 GPA and an interest in technology and business; the award is typically $1,000 and the deadline is January 11, 2026.
AmountAmount not publishedEligibilityHerbert & Sally Carroll Payson Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityJerry Bowder Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityKey Bank Scholarship in Honor of Ken Curtis Fund is for full-time students matriculated into a Muskie Program with an outstanding academic record; the award varies and the priority deadline is May 1.
AmountAmount not publishedEligibilityEdith Speziali Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
Amount$1,000EligibilityRoyer Advisors & Accountants Excellence in Accounting Scholarship is for accounting majors who are juniors or seniors with a minimum 3.3 GPA; the award is $1,000.
AmountAmount not publishedEligibilityMusic Merit Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
Amount$2,350EligibilityConstantine Kapothanasis Accounting Scholarship Fund is for accounting majors with a minimum 2.0 GPA who demonstrate promise and have a good attitude; the award is $2,350.
AmountAmount not publishedEligibilityEllen Chickering Music Scholarship is for full-time music vocal majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityMusic Talent Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
Amount$1,000EligibilityMaine Insurance Agents Association Scholarship is for School of Business students with an RMI concentration or minor, a 2.5 GPA or higher, and at least 54 completed credits; the award is $1,000.
AmountAmount not publishedEligibilityHelen Heel Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityElizabeth S. Hagar Endowed Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67, enroll in applied music, and enroll in appropriate ensembles; the award varies and the deadline is February 28.
Amount$1,000EligibilityHonors Leadership Development Scholarship is for Honors Minor students with a minimum 3.5 GPA who are currently enrolled in Honors classes; the award is $1,000 per semester and the priority deadline is November 1st.
AmountAmount not publishedEligibilityDr. and Mrs. Newell A. Augur, Jr. Scholarship is for full-time music majors, with Maine State residents preferred, who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
AmountAmount not publishedEligibilityRobert Russell Music Scholarship is for full-time music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
Amount$1,200+EligibilityGene R. Cohen Entrepreneurial Scholarship is for School of Business majors with at least sophomore standing who are engaged in entrepreneurial pursuits and are USA citizens or permanent residents; the award is typically $1,200 or more and the deadline is January 11, 2026.
AmountAmount not publishedEligibilityChurchill Family Music Scholarship is for full-time vocal music majors who maintain a minimum cumulative GPA of 2.67 for undergraduate students or 3.00 for graduate students; the award varies and the deadline is February 28.
Amount$1,300+EligibilityDean John W. Bay Scholarship is for School of Business majors with a minimum 3.0 GPA who exhibit leadership through volunteerism; the award is typically $1,300 or more and the deadline is January 11, 2026.
Amount$2,000EligibilityHonors Scholarship provides $2000 scholarships for Honors Students interested in community work designed to develop leadership skills.