For the academic year 2022-2023, total 1,693 full-time, first-time students (91% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 8,746 students (68% of all students) received grants or scholarships and the average grant amount is $10,220. In addition, 6,789 students received student loans and the average loan amount is $6,615.
Below tables show the number and amount by source of financial aid at University of Massachusetts-Lowell.
For all undergraduate students, total 8,746 students (68% of all students) received grants or scholarships and the average grant amount is $10,220. In addition, 6,789 students received student loans and the average loan amount is $6,615.
Below tables show the number and amount by source of financial aid at University of Massachusetts-Lowell.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 8,746 | 68% | $10,220 |
| Pell Grants | 3,556 | 28% | $4,429 |
| Federal Student Loans | 6,789 | 53% | $6,615 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,693 | 91% | - |
| Grants or Scholarship from All Sources | 1,526 | 82% | $11,983 |
| Federal Grants | 1,071 | 57% | $4,821 |
| Pell Grants | 578 | 31% | $4,955 |
| Other Federal Grants | 1,070 | 57% | $2,149 |
| State/Local Grants | 619 | 33% | $2,693 |
| Institutional Grants | 1,413 | 76% | $8,108 |
| Student Loans | 1,200 | 64% | $7,166 |
| Federal Student Loans | 1,189 | 64% | $5,207 |
| Other Student Loans | 164 | 9% | $14,681 |
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