The University of Southern Maine will award an additional $1 million in financial aid next fall.

About 83 high school seniors will benefit from the new scholarships, which will be given to students who show academic promise, according to a news release from the college.

The four-year scholarships will range from $2,000 to $13,000. Class rank, standardized test scores and financial need will be considered in deciding who will receive the scholarships, two of which will go to minority or first-generation college students.

The university currently doles out $7 million in financial aid annually. About 85 percent of first-time, full-time students at USM receive aid.