Maine College Scholarships

Students who wish to obtain a college education in the state of Maine, especially if they are state residents, may find a great friend in the Finance Authority of Maine, which administers Maine scholarships and grants to those attending an institute of higher learning within the state. Of course, there are more options for Maine scholarships as well, including those offered directly through the University of Maine or state community college systems.

The University of Maine, for example, offers two major merit-based scholarships: the Top Scholar and the two Presidential Scholar Awards. Each offers up to the cost of tuition for eligible students who are residents of Maine and have graduated at the top of their high school classes. The university also provides the Dean's Scholar Award for non-resident scholars, offered to students who graduated in the upper one-third of their high school classes in amounts of up to $5000 toward tuition at the University of Maine. Transfer students proving academic drive and talent are eligible for Transfer Scholarships of up to $1000, and the Distinguished Student Awards are offered to those who demonstrate diversity.

Tuition waiver programs are offered for disadvantaged dependents of those lost in Law Enforcement and Public Safety duty, as well as students who have been in the state foster care system.

Former military personnel who were involved with the conflicts in Afghanistan and Iraq who plan to attend one of the schools in Maine's Community College System may be eligible for the Boulous Family Scholarship. Eligible individuals are Maine residents and can receive awards of about $2300.

List of Maine Scholarships

• CMP Group Scholarship Fund — $1000 to $10000 awarded each year to 3 freshmen undergraduate students who are Maine residents and dependents of CMP Group employees.


• Dirigo Machine Tool Scholarship — Up to $2400 awarded each year to varied number of freshmen or sophomore community college students majoring in precision manufacturing.


• Early College Program — $2000 awarded each year to 200 freshmen community college students.


• Joel Abromson Memorial Foundation — $500 to $1000 awarded each year to 2 freshmen undergraduate students who are Maine residents.


• Lest We Forget POW/MIA/KIA Scholarship — Up to $1000 awarded each year to 3-6 undergraduate students attending Maine college who are veterans or dependents.


• Maine Masonic Aid for Continuing Education — $1000 awarded each year to 12 undergraduate students who are Maine residents.


• Maine Scholarship — Up to $1000 awarded each year to freshmen undergraduate student attending a Maine college.


• Maine State Society Foundation Scholarship — $1000 to $2500 awarded each year to 5-10 undergraduate students attending a Maine college.


• Senator George J. Mitchell Scholarship Research Institute Scholarships — $2500 to $6000 awarded each year to up to 30 freshmen undergraduate students who are Maine residents.


• TD Banknorth Promise Scholarship — $2500 awarded each year to 10 freshmen undergraduate students attending a Maine college.

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Paying for school is not easy, but we are here to help. OEDb's student finance section will help you find the money you need to pay your tuition and other college expenses. We cover scholarships, college grants, and student loans. Scholarships and grants are both forms of "free money", meaning they don't need to be paid back. Scholarships are typically awarded by businesses or individuals, with the money being earmarked specifically for tuition. They can be awarded based on a student's location or by religious affiliation, such as Catholicism or Islam. Grants are typically awarded by governments or non-profit organizations and the money often can be applied to several different expenses a student may incur, not solely tuition. They can be awarded based on location or ethnicity, for instance African American or Hispanic. Loans are not considered "free money", because unlike scholarships and grants, they do need to be paid back after graduation. Common federal loans include Perkins and Stafford. Loans are also available by location.