M.S. in Economics from University of Maine 2026 Entry: Fees, Eligibility, Entry Requirements, Admission Deadlines & Scholarships.

M.S. in Economics from University of Maine 2026 Entry: Fees, Eligibility, Entry Requirements, Admission Deadlines & Scholarships.

Orono, MaineLocation
UniversitySchool type
Estd1865established year
11240enrollment
Public

Master of Science [M.S] (Economics)

2 years
Full Time
On Campus

Field of Study

$31,446 /Yr

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Collegedunia Team

Content Curator | Updated on - Dec 29, 2025

UMaine M.S Economics is a 2 years Full Time Master program. This program is offered On Campus, requiring a successful completion of 30 credits. The first year fees for M.S Economics at UMaine is ₹ 28.28 Lakhs (USD 31446). Earlier in 2024, the M.S Economics Fee was ₹ 22.88 Lakhs (USD 25440). This shows that the academic fees has increased by ₹ 540059 (USD 6006).

For admission to M.S Economics at UMaine, international students need GPA: 3.0, IELTS: 6.9, TOEFL iBT: 92. The Financial Documentation Deadline Fall 2027 is 15 July 2027. For more details, check UMaine Admissions 2025

UMaine M.S Economics Total Fees 2025

The tuition fee for M.S Economics at UMaine is USD 31446 per year (₹ 28.28 Lakhs). Meanwhile, the total cost is USD 51692/Year (₹ 46.48 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for M.S Economics at University of Maine is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 28.28 LakhsUSD 31446
Application Fee₹ 5,845USD 65

The other expenses for M.S Economics at University of Maine is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Housing & Food ₹ 12.75 Lakhs USD 14174
Transportation & Miscellaneous Expense ₹ 4.33 Lakhs USD 4818
Books and supply ₹ 53,952 USD 600
Other Fees ₹ 58,808 USD 654
Total Cost ₹ 18.21 Lakhs USD 20246

M.S Economics Tuition Fee Trends at UMaine

UMaine M.S Economics Fees for Indian students is ₹ 28.28 Lakhs (USD 31446). This academic fee has increased by ₹ 540059 (USD 6006) from 2024. Candidates can check the year on year trends in UMaine Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (USD)
2025₹ 28.28 LakhsUSD 31446
2024₹ 22.88 LakhsUSD 25440
2023₹ 22.88 LakhsUSD 25440
2021₹ 43.78 LakhsUSD 48690

UMaine M.S Economics Application Deadlines & Important Dates

The key dates for the application process for M.S Economics at UMaine include:

  • Financial Documentation Deadline Spring 2026 is 15 November 2025
  • Financial Documentation Deadline Fall 2026 is 15 July 2026
  • Financial Documentation Deadline Spring 2027 is 15 November 2026
  • Financial Documentation Deadline Fall 2027 is 15 July 2027

M.S Economics at UMaine Admission 2025

To be eligible for admission to M.S Economics at UMaine, applicants must meet specific academic and language requirements.

Requirement Type

 Details

School Name

 School of Economics

Academic Qualification

Degree Requirement: Applicants must complete a Bachelor’s degree from an accredited institution—preferably in economics, math, or a related field.

GPA Requirement: Competitive applicants typically have a GPA of 3.0 or above, with stronger profiles around 3.5+

GRE General Test: Required for admission.

Prerequisite Coursework: Applicants should have completed the following undergraduate courses:

Intermediate Microeconomic Theory.

Intermediate Macroeconomics.

Statistics.

Recommended Background: While not mandatory, the following courses are strongly recommended to enhance your application:

Linear Algebra.

Additional Calculus Coursework.

Differential Equations.

Matrix Algebra.

Advanced Probability and Statistics.

 GRE Score

Verbal Reasoning: Around 160

Quantitative Reasoning: Around 160

Analytical Writing: Around 4.0

English Language Requirement

TOEFL iBT: Above 92.

TOEFL PBT: Above 580.

TOEFL CBT: Above 237.

IELTS: Overall score of 6.9 or higher

For Funded Assistantship Consideration:

TOEFL iBT: Above 98.

TOEFL CBT: Above 247.

TOEFL PBT: Above 597.

IELTS: Overall score of 7.6 or higher.

Documents Required

Academic Transcripts and Certificates.

Proof of English Language Proficiency.

GRE scores (optional).

Statement of Purpose (SOP).

3-Letter of Recommendation (LOR).

Proof of Work Experience (If Have).

Financial Documents (For Visa Purposes)

Copy of Passport.

Curriculum Vitae (CV).

Application Link

Application Link

Application Fee$65
 Course Credits 30 Credits

UMaine M.S Economics Application Link

UMaine M.S Economics Application Link; Apply Here

M.S Economics at UMaine Admission Requirements

For admission to M.S Economics, UMaine accepts IELTS, TOEFL exam. The average scores among admitted students are typically around: 6.9 in IELTS, 92 in TOEFL.

M.S in Economics Fee Comparison

The fee comparison for similar programs like UMaine M.S Economics are:

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
University of MaineM.A Financial EconomicsUSD 30,528 /YrINR 27.5 L/Yr
Adelphi UniversityM.S Environmental Studies - Business-Environmental EconomicsUSD 46,500 /YrINR 41.8 L/Yr
University of TexasM.P.AUSD 31,928 /YrINR 28.7 L/Yr
State University of New York Polytechnic InstituteM.S Nanoscale ScienceUSD 17,334 /YrINR 15.6 L/Yr
Gannon UniversityM.P.AUSD 22,950 /YrINR 20.6 L/Yr
South Dakota State UniversityM.S EconomicsUSD 19,622 /YrINR 17.6 L/Yr
Binghamton UniversityM.A EconomicsUSD 23,790 /YrINR 21.4 L/Yr
University of New MexicoM.A EconomicsUSD 23,536 /YrINR 21.2 L/Yr
Also Check:

Important Alert

  • Financial Documentation Deadline Fall 2026 - Jul 15, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$31446

Other Expenses

HeadAvg Cost Per Year
Housing & Food$14174
Transportation & Miscellaneous Expense$4818

Previous Year Tuition Fees

Year1st Year Fees
2024$25440
2023$25440
2021$48690

Important Dates

EventApplication Date
Financial Documentation Deadline Fall 2026 Jul 15, 2026
Financial Documentation Deadline Spring 2027 Nov 15, 2026
Financial Documentation Deadline Fall 2027 Jul 15, 2027

Scores Required

6.9 / 9

Avg. Score in

IELTS

92 / 120

Avg. Score in

TOEFL

3 / 4

Minimum gpa

GPA

65

Application Fees

30

ECTS Credits


Ranking

20222021

Academy Ranking of World Universities logo
Sciences 51 out of 500 in Global Ranking
( #25 out of 147 in USA 2022)

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TOP Scholarships

Scholarship nameAward amountEligibility
Graduate Assistantships (TA/RA/GA)Greater than or equal to $17,000 stipend (9 months) + full tuition waiver (up to 18 credits/year) + 50% health insuranceFull-time M.S. students; competitive; check GA option in application (by Jan 1)
Chase Distinguished Research AssistantshipGreater than or equal to $17,000 stipend (9 months) + tuition waiver + partial health insuranceOutstanding grad students nominated by department; 5 awards/year; research-focused
Graduate Trustee Tuition ScholarshipsFull tuition for one academic yearExceptional graduate students; nomination by academic department



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 20,000/Yr$20,000Level Of StudyMasterTypeMerit-Based
Jane M. Klausman Women in Business ScholarshipScholarship per student$ 5,000/Yr$5,000Level Of StudyBachelorTypeMerit-Based
Ritchie-Jennings Memorial Scholarship ProgramScholarship per student$ 10,000/Yr$10,000Level Of StudyBachelorTypeMerit-Based
Axol Science ScholarshipScholarship per student$ 2,000/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Financial Documentation Deadline Fall 2026 (15th Jul 2026)
Financial Documentation Deadline Spring 2027 (15th Nov 2026)
Financial Documentation Deadline Fall 2027 (15th Jul 2027)
USD 30,528 /Yr
  • IELTS: 6.5
  • TOEFL: 82
  • PTE: 65
  • Duolingo: 115
--
USD 46,500 /Yr
  • IELTS: 6.0
  • TOEFL: 80
  • Duolingo: 110
--
USD 31,928 /Yr
  • IELTS: 6.5
  • TOEFL: 79
  • PTE: 53
  • Duolingo: 105
--
USD 17,334 /Yr
  • IELTS: 7.5
  • TOEFL: 100
  • PTE: 73
  • GRE: 293
  • Duolingo: 105
--
USD 22,950 /Yr
  • IELTS: 6.0
  • TOEFL: 79
  • PTE: 53
  • Duolingo: 110

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