The University of Maine at Presque Isle is launching a new online degree program aimed at helping students return to school to finish a bachelor’s degree for less than $10,000 — less than a third the cost of a typical four-year degree at the school.
The campus announced the new program, called the Competency Based Education Bachelor of Business Administration degree, on Monday. The program goes live in the coming fall semester.
When enrolling for the online degree path, students will be able to count their past college credits, work experience and other training toward their degree. Once they know how many credits they need to wrap up the degree, the students pay a flat tuition rate of $2,000 per semester, which is less than half the going in-state tuition-and-fees rate at the school.
All classroom materials would be available online, so students also would avoid spending hundreds of dollars on physical textbooks. They also qualify for the university system’s adult degree completion scholarship, worth up to $4,000 per year up to eight consecutive semesters.
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