Lower the Cost of Your Education

Every student has different needs. Our aid packages are tailored to yours.

So how do you pay for the rest of your education? There are many options available to you—we’re here to help you get through it.

> Scholarships, including outside scholarships
> Grants
> Personal loans and parent loans
> Work-study or part-time jobs
> Special programs like CASE Scholars and Connections

96%

of students receive aid

Scholarships

Below is a small listing of they types of scholarships available. For a more complete list along with details, visit our digital catalog. For outside scholarship sources, see our Searching for Scholarships section further below.

Merit Scholarships

The College offers a robust Merit Scholarship program that bases gift money awards on the student’s level of academic achievement. Merit Scholarships range from $6,000 to $20,000 per year.

Visit Scholarship

The $1,500 Visit Scholarship is offered to students upon their acceptance. To be officially awarded this one-time scholarship, a student must attend an admission-sponsored tour or event prior to May 1 of their senior year of high school and be entering that same fall. The Visit Scholarship is non-renewable and only applicable toward the student’s first year of study at Saint Joseph’s College.

Honors Program Scholarship

A $1,500 scholarship to students accepted into the Honors Program. Renewability depends on participation in the honors program.

Sisters of Mercy Scholarships

Eva Albee Kelley Scholarship

This is for women from Lincoln County, Maine, with financial need. It generally ranges from $1,000 to $20,000. Up to four years of full-time study with similar financial need and satisfactory academic progress. Apply for aid by priority deadline. This fund replaces any College grant and scholarship initially offered through the financial aid process.

Sarah T. Burke Scholarship

For parishioners of St. Patrick’s or its successor in Lewiston, Maine. It generally ranges from $500 to $3,000. Up to four years of full-time study with similar financial need and satisfactory academic progress. Apply for aid by priority deadline, provide letter to Office of Financial Aid from parish priest regarding current parish involvement. This letter must be received by March 1st.

Endowed and Restricted Scholarships

All current full-time, Sebago campus students who are eligible for financial aid and have earned at least a 3.0 CGPA at the College; specific scholarship criteria may be considered. The scholarships usually range from $200 to $3,000. They are generally a one-time award and funds are used to offset current grant and/or scholarship eligibility. Automatic consideration; recipients must complete a brief biographical form and provide a letter of appreciation to the donor to receive the funds.

CASE Scholars

Offered annually to incoming freshmen who have demonstrated a sustained commitment to environmental issues and community service during their high school years. A $2,000 annual package and a minimum 3.0 GPA. Learn more about the CASE Scholars program.

Science Scholars

This four-year scholarship is funded by the National Science Foundation to encourage academically-talented students who have demonstrated need of financial assistance to enter into and succeed in a community of young scientists. First- year students pursuing chemistry, biology, environmental science, biochemistry, and marine science are encouraged to apply. Learn more about Science Scholars.

Growing Future STEM Teachers in Maine Noyce Scholarship

This National Science Foundation funded scholarship seeks to recruit and prepare future science and math teachers, and provide continued support as they enter the classroom in high-need school districts. Students who are interested in pursuing a STEM (Science, Technology, Engineering, and Math) & Secondary Education degree (or already enrolled) are encouraged to apply. Learn more about Growing Future STEM Teachers Scholars Program.

General Scholarship Information

  • If you are applying for full-time enrollment in a degree program for Fall, you will be considered for scholarship assistance.
  • Returning students will continue to be considered for the merit programs they currently receive. The annual amount of the scholarship does not change. One half the annual amount is available each semester that the student is enrolled full-time.
  • To renew the scholarship, you must maintain satisfactory academic progress.
  • Students who graduate early will forfeit a portion of the scholarship.
  • If you are eligible for a tuition waiver through the tuition exchange program or as a dependent of an employee, you are not eligible for the academic/merit scholarship offered by the Admission Committee.
  • Scholarships can be renewed for up to 4 years (8 semesters) of consecutive full-time study. Renewal for incoming transfer students will depend on the number of credits accepted in transfer.
  • Recipients must maintain satisfactory academic progress unless a higher standard is listed below.

Search for Outside Scholarships

Visit the sites below for free scholarships searches:

Grants

From the College

Saint Joseph’s Grant

Full-time students with need. It generally ranges from $1,000 to $12,000 and is based on level of financial need and available funding. Requires satisfactory academic progress. Apply for financial aid by priority deadline.

Family Grant (does not require financial need)

Full-time student with immediate family member(s) also enrolled full-time in the on campus program. 5% tuition discount per family split between each enrolled student for up to four years of full-time study and satisfactory academic progress. Contact Office of Financial Aid with names of students.

Dollars for Scholars Matching Grant

Full-time students with need who bring Dollars for Scholars® funds to the College. Student must have remaining institutional need to qualify for matching program. College matches up to $500. Documentation of Dollars for Scholars® funding is required. Submit matching form prior to July 1st of academic year.

From Federal Sources

Federal Pell Grant

Full or part-time matriculated undergraduate students who meet the federal EFC (family contribution) restrictions. Ranges from $400 to $5,920 per year. For length of program; requires satisfactory academic progress. FAFSA is required.

Federal Supplemental Educational Opportunity Grant

Generally restricted to Pell Grant recipients matriculated in traditional programs. Ranges from $100 to $4000 by federal definition; budget generally allows for offers that range from $100 to $500. For up to four years of full-time study and satisfactory academic progress. FAFSA required by priority deadline for full consideration.

Veterans Administration Benefits

Saint Joseph’s College’s programs are approved by the Maine State Approving Agency for Veterans Education Programs for benefits (GI Bill®) from the U.S. Department of Veterans Affairs. Students who request veterans educational assistance are required to have all previous post-secondary experience evaluated for possible transfer credit. For more information, please contact the Office of the Registrar.

From State Sources

Maine State Grant

Full- and part-time matriculated undergraduate students who meet the state EFC (family contribution) restrictions. $1,500 per year for full-time study; $750 for part-time study for length of program. Requires satisfactory academic progress and FAFSA required by May 1.

Vermont State Grant

Full- or part-time matriculated undergraduate students who meet VSAC annual criteria. Generally ranges from about $500 to $2,500 for up to four years of full-time study with financial need and satisfactory academic progress. FAFSA required and VSAC application required by March 1.

Loans

Educators for Maine Program

Maine residents who are matriculated full-time undergraduate students planning to teach in the State of Maine. Ranges from $3,000 per year up to $12,000 for 4 years. Loan forgiveness available to qualified borrowers. Up to four years of full-time study; requires satisfactory academic progress and at least a 2.5 CGPA (HS). Current college students may apply with at least a 3.0 CGPA.

FAFSA required by May 1. FAME application required by May 1. New and renewal applications are available at FAME website.

Nursing Student Loan

For selected full- or part-time matriculated undergraduate nursing students who demonstrate need. Generally ranges from $500 to $2,000 and has a 5% interest rate and a 9 month grace period. Usually restricted to first- and second-year nursing students and requires satisfactory academic progress. Must remain a nursing student and be enrolled at least half-time to qualify for deferment of payment.

FAFSA required by priority deadline for full consideration. First-time borrowers must complete the Nursing Loan Master Promissory Note and loan entrance counseling.

Federal Subsidized Direct Loan Program

Matriculated undergraduate students who are at least half-time and demonstrate financial need. Requires eligibility for federal aid and cannot have exceeded federal loan limits. Requires satisfactory academic progress. First-time borrowers must complete entrance counseling.

FAFSA required for application and promissory note required for disbursement.

Federal Unsubsidized Direct Loan Program

Matriculated undergraduate students who are at least half-time and do not demonstrate financial need or independent students. Requires eligibility for federal aid and cannot have exceeded federal loan limits. Satisfactory academic progress required. First-time borrowers must complete entrance counseling.

FAFSA required for application and  promissory note required for disbursement.

What are the interest rates for federal student loans?

The interest rate varies depending on the loan type and (for most types of federal student loans) the first disbursement date of the loan. The table below provides interest rates for Direct Loans first disbursed on or after July 1, 2020.

Interest Rates for Direct Loans

Loan Types Borrower Type Loans first disbursed on or after 7/1/20 and before 7/1/21
Direct Subsidized Loans Undergraduate 2.75%
Direct Unsubsidized Loans Undergraduate 2.75%
Direct Unsubsidized Loans Graduate or Professional 4.30%
Direct PLUS Loans Parents and Graduate or Professional Students 5.30%

All interest rates shown in the chart above are fixed rates for the life of the loan.

Maximum Annual Direct Loan Amounts

Dependent Students

Year in School
(by credit earned)
Total Base Sub or
Unsubsidized Loan
Loan  Additional
Unsubsidized Loan
Total Loan
1st (0-27) 3,500 2,000 5,500
2nd (28-59) 4,500 2,000 6,500
3rd & 4th (60+) 5,500 2,000 7,500

Independent Students

Year in School
(by credit earned)
Total Base Sub or
Unsubsidized Loan
Loan  Additional
Unsubsidized Loan
Total Loan
1st (0-27) 3,500 6,000 9,500
2nd (28-59) 4,500 6,000 10,500
3rd & 4th (60+) 5,500 7,000 12,500

Total maximum outstanding debt allowable:

  • $31,000 for dependent undergraduates
  • $57,500 for independent undergraduates

A dependent student whose parent is denied a Federal Direct Parent Loan may borrow the additional Unsubsidized Direct Loan up to $4,000 for first and second years and $5,000 for third and fourth years.

For more information on federal programs, go to the Federal Student Aid website or call 1-800-4FEDAID.

A sample loan repayment schedule is available at the Federal Student Aid website.

Work-Study

Federal Work-Study provides part-time jobs for students allowing them to earn money while enrolled at SJC. It’s important to note that the work-study stipend is not included in the student’s estimated balance as students who participate receive a paycheck from SJC.

Full- or part-time matriculated undergraduate students who demonstrate financial need; priority is given to previous participants. Generally ranges from $1,000 to $1,500 for up to four years of full-time study with similar financial need and satisfactory academic progress. FAFSA required by priority deadline for full consideration.

Current work-study and other student employment positions are posted on our Careers@SJC site. You will also find our Federal Work-Study Handbook there.

Assistance for International Students

Students from other countries are considered for Saint Joseph’s merit scholarships. However, these scholarships do not cover the full expense of attending the College.

International candidates may want to look for other scholarship assistance and borrowing options at EduPass.

Contact Us

For financial aid questions

Office of Financial Aid
800-752-1266
207-893-6612
FAX: 207-893-6699
finaid@sjcme.edu

For billing questions

Office of Student Accounts
207-893-7732
FAX: 207-893-7678
billing@sjcme.edu

For loan deferment questions

Office of Academic Records
207-893-7798
FAX: 207-893-7701
registrar@sjcme.edu

Opportunity Maine

Opportunity Maine logoThe State of Maine recognizes the investment you’ve made in your education, and has puts its money where its mouth is – come here to live and work, and the State will reimburse your student loan payments via the Opportunity Maine Tax Credit. The Opportunity Maine Tax Credit reimburses student loan payments for college graduates who live and work in Maine. This tax credit is administered by the Maine Revenue Service.