For over 100 years, Massachusetts Maritime Academy has been preparing women and men for exciting and rewarding careers on land and sea. As the nation's finest co-ed maritime college, MMA challenges students to succeed by balancing a unique regimented lifestyle with a typical four-year college environment. As a member of the cadet corps you will live, study, sail, work and play in an atmosphere that encourages you to be your best.
Approximately 81% of MMA Graduates in the class of 2017 used federal and private loans to help meet their college expenses. Students from the class of 2017 borrowed, on average $23,914 in Federal Direct Stafford Loans (Subsidized and Unsubsidized). Combined with private, non-federal education loans, the total average loan debt for the class of 2017 was $37,572. This loan debt includes all loans with the exception of the Federal Parent PLUS Loan, as this is a loan strictly in the parent's name. Students are encouraged to borrow through the Federal Direct Stafford Loan Program before seeking additional funding through any private, non-federal education loan program.
You can calculate your monthly loan payments by using the Federal Student Aid Loan Repayment Calculator.