Financial Aid at Massachusetts-Lowell
Financial Aid Amount Received
$11,163 (31.54% of tuition)
Percent of Financial Aid Received
61% of 12,389 students
7,545 undergraduate students (61% 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 70.90%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $11,163 and the average loan amount is $6,461. The average financial aid amount is 31.54% 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 | 7,545 | 61% | $84,224,474 | $11,163 |
| Pell Grants | 3,393 | 27% | $15,988,204 | $4,712 |
| Federal Students Loans | 6,630 | 54% | $42,839,070 | $6,461 |
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), 1,493 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 $12,647 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,308.
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 | 1,697 | 90% | - | - |
| Grant or scholarship aid | 1,493 | 79% | $18,881,505 | $12,647 |
| Federal Grants | 663 | 35% | $3,699,860 | $5,580 |
| Pell Grants | 663 | 35% | $3,432,910 | $5,178 |
| Other Federal Grants | 344 | 18% | $266,950 | $776 |
| State/Local Grants | 695 | 37% | $2,672,631 | $3,846 |
| Institutional Grants | 1,477 | 78% | $12,509,014 | $8,469 |
| Student Loans | 1,248 | 66% | $9,120,419 | $7,308 |
| Federal Student Loans | 1,232 | 65% | $6,309,401 | $5,121 |
| Other Student Loans | 170 | 9% | $2,811,018 | $16,535 |
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 | - | - | $13,454,215 | $10,894 |
| 0 - $30,000 | 240 | 239 | $4,574,676 | $19,061 |
| $30,001 - $48,000 | 170 | 170 | $3,111,181 | $18,301 |
| $48,001 - $75,000 | 234 | 232 | $3,263,244 | $13,945 |
| $75,001 - $110,000 | 161 | 147 | $1,269,909 | $7,888 |
| $110,001 - more | 430 | 249 | $1,235,205 | $2,873 |
Paid Tuition Rates by Residency
At University of Massachusetts-Lowell, for the first-time/full-time students, 1,652 students have paid in-state rate of tuition and 238 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 1,652 |
| Out-of-State Rate | 238 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At University of Massachusetts-Lowell, 834 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 87 students live off-campus. In addition, 310 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 834 |
| Living Off-Campus | 87 |
| Living with Family | 310 |
| Un-known | 43 |