College Options
University of Maine Orono
| Tuition | Room and Board | Books and Supplies | Travel/Misc. | Loan Fees |
|---|---|---|---|---|
| $10,902 | $10,144 | $1,000 | $2,200 | $70 |
| Federal Perkins Loan | Federal Direct Subsidized Loan | Fed Direct Unsubsidized Loan | Alternative Loan | Total |
|---|---|---|---|---|
| $6,600 | $14,000 | $8,000 | $22,984 | $51,584 |
| 5 year loan (5.75%) | 10 year loan (5.75%) | 15 year loan (5.75%) | |
|---|---|---|---|
| Monthly Payment | $991.28 | $566.23 | $428.36 |
| Total Interest Paid | $7,892.67 | $16,364.03 | $25,520.57 |
Southern Maine Community College
| Tuition | Room & Meal Plan | Average Fees |
|---|---|---|
| $2,760 | $10,144 | $1,000 |
| Federal Direct Unsubsidized Loan |
|---|
| $14,000 |
| 5 year loan (5.75%) | 10 year loan (5.75%) | 15 year loan (5.75%) | |
|---|---|---|---|
| Monthly Payment | $269.03 | $153.68 | $116.26 |
| Total Interest Paid | $2,142.09 | $4,441.23 | $6,926.33 |
Chosen College
I have chosen to attend the University of Maine Orono. I chose this college because while it's more expensive it will get me my bachelor's degree after attending 4 years. SMCC only offers an associate's degree which probably won't get me as far as just going straight for my bachelor's degree. Also by going to UMO I am able to room with a close friend that I've known since middle school instead of having to room with a stranger.