Financial Aid at Massachusetts-Lowell
Financial Aid Amount Received
$10,220 (28.87% of tuition)
Percent of Financial Aid Received
68% of 12,389 students
8,746 undergraduate students (68% of all students) have received grants, scholarships, and/or federal student loans at University of Massachusetts-Lowell. The percentage of students who received financial aid average compared to Public, 4-Years Colleges in Massachusetts.
Compared to similar schools in rankings such as University of Georgia and University of Massachusetts-Amherst, the percentage of students who received financial aid is higher (the average of the schools is 78.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $10,220 and the average loan amount is $6,615. The average financial aid amount is 28.87% of tuition & fees based on out-of-state rate (tuition & fees: $35,396).
Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
---|---|---|---|---|
Grant or scholarship aid | 8,746 | 68% | $89,388,221 | $10,220 |
Pell Grants | 3,556 | 28% | $15,750,182 | $4,429 |
Federal Students Loans | 6,789 | 53% | $44,908,912 | $6,615 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 1,526 students have received one or more types of financial aid at University of Massachusetts-Lowell.
The average amount of federal, state, local or institutional grant aid is $11,983 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,166.
The following table shows the financial data by type of aid at University of Massachusetts-Lowell.
First-time Undergraduate Financial Aid by Type
Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
---|---|---|---|---|
Any Financial Aid | 1,681 | 90% | - | - |
Grant or scholarship aid | 1,526 | 82% | $18,285,862 | $11,983 |
Federal Grants | 1,071 | 57% | $5,163,037 | $4,821 |
Pell Grants | 578 | 31% | $2,863,812 | $4,955 |
Other Federal Grants | 1,070 | 57% | $2,299,225 | $2,149 |
State/Local Grants | 619 | 33% | $1,666,705 | $2,693 |
Institutional Grants | 1,413 | 76% | $11,456,120 | $8,108 |
Student Loans | 1,200 | 64% | $8,598,725 | $7,166 |
Federal Student Loans | 1,189 | 64% | $6,191,107 | $5,207 |
Other Student Loans | 164 | 9% | $2,407,618 | $14,681 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at University of Massachusetts-Lowell.
Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
---|---|---|---|---|
All Income Level | - | - | $11,473,510 | $9,420 |
0 - $30,000 | 232 | 232 | $3,901,906 | $16,819 |
$30,001 - $48,000 | 158 | 158 | $2,574,797 | $16,296 |
$48,001 - $75,000 | 183 | 179 | $2,204,172 | $12,045 |
$75,001 - $110,000 | 198 | 173 | $1,451,143 | $7,329 |
$110,001 - more | 447 | 268 | $1,341,492 | $3,001 |
Paid Tuition Rates by Residency
At University of Massachusetts-Lowell, for the first-time/full-time students, 1,684 students have paid in-state rate of tuition and 183 students have paid out-of-state tuition rate.
# of Students | |
---|---|
In-District Rate | 0 |
In-State Rate | 1,684 |
Out-of-State Rate | 183 |
Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At University of Massachusetts-Lowell, 756 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 83 students live off-campus. In addition, 410 students live with their family.
# of Students | |
---|---|
Living On-Campus | 756 |
Living Off-Campus | 83 |
Living with Family | 410 |
Un-known | 36 |