Understanding Tuition Costs
Thomas College offers a variety of undergraduate and graduate programs, each with its own unique tuition structure. Undergraduate tuition for the 2023-2024 academic year is $38,850, while graduate tuition ranges from $1,050 to $2,265 per credit hour. The College also offers a number of scholarships, grants, and loans to help students offset the cost of tuition.
| Program | Tuition Rate |
|---|---|
| Undergraduate | $38,850 |
| Graduate | $1,050 – $2,265 per credit hour |
Factors Affecting Tuition Costs
There are a number of factors that can affect the cost of tuition at Thomas College, including:
- Program of study: The cost of tuition can vary depending on the program of study. For example, students in the College’s nursing program pay a higher tuition rate than students in the College’s liberal arts program.
- Year of study: The cost of tuition can also increase with each year of study. For example, first-year students typically pay a lower tuition rate than fourth-year students.
- Residency status: Maine residents pay a lower tuition rate than non-residents. The College also offers a number of scholarships and grants to help Maine residents offset the cost of tuition.
- Financial need: Students who demonstrate financial need may be eligible for financial aid, which can help to reduce the cost of tuition. The College offers a number of scholarships, grants, and loans to help students meet their financial needs.
Financial Aid Options
Thomas College offers a variety of financial aid options to help students pay for the cost of tuition. These options include:
- Scholarships: Scholarships are awarded to students based on their academic achievement, financial need, or other factors. The College offers a number of scholarships, including the Presidential Scholarship, the Dean’s Scholarship, and the Trustee Scholarship.
- Grants: Grants are awarded to students based on their financial need. The College offers a number of grants, including the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant, and the Maine State Grant.
- Loans: Loans are borrowed money that students must repay after they graduate. The College offers a number of loans, including the Federal Direct Stafford Loan, the Federal Direct PLUS Loan, and the Federal Direct Consolidation Loan.
| Type of Aid | Eligibility | Amount |
|---|---|---|
| Scholarships | Academic achievement, financial need, or other factors | Varies |
| Grants | Financial need | Varies |
| Loans | Must be repaid after graduation | Varies |
Applying for Financial Aid
To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is a form that collects information about the student’s and their family’s financial situation. The FAFSA is used to determine the student’s eligibility for federal and state financial aid.
Contact Information
For more information about Thomas College tuition and financial aid, please contact the College’s Office of Financial Aid.
- Phone: 207-859-1340
- Email: [email protected]
- Website: https://www.thomas.edu/financial-aid/
Additional Information
In addition to the information provided above, here are some additional things to keep in mind about Thomas College tuition and financial aid:
- The College offers a number of payment plans to help students spread out the cost of tuition.
- The College also offers a number of resources to help students manage their finances, including financial counseling and budgeting workshops.
- Students who are experiencing financial hardship may be eligible for emergency financial aid.
Conclusion
Thomas College is committed to providing students with an affordable education. The College offers a variety of tuition and financial aid options to help students pay for the cost of college. Students who are interested in attending Thomas College should contact the College’s Office of Financial Aid to learn more about the financial aid options available to them.
