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How many students are received the students loans at University of Massachusetts Lowell?

For the academic year 2022-2023, total 1,200 full-time, first-time students (64% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 6,789 students (53% of all students) have received federal student loans and the average loan amount is $6,615 at University of Massachusetts-Lowell.

Below tables show the number and amount by source of financial aid at University of Massachusetts-Lowell.
All Undergraduate Student Financial Aid at University of Massachusetts-Lowell
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8,74668%$10,220
Pell Grants3,55628%$4,429
Federal Student Loans6,78953%$6,615
Beginning Students (Freshmen) Financial Aid at University of Massachusetts-Lowell
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,69391%-
Grants or Scholarship from All Sources1,52682%$11,983
Federal Grants1,07157%$4,821
Pell Grants57831%$4,955
Other Federal Grants1,07057%$2,149
State/Local Grants61933%$2,693
Institutional Grants1,41376%$8,108
Student Loans1,20064%$7,166
Federal Student Loans1,18964%$5,207
Other Student Loans1649%$14,681

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Massachusetts-Lowell

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