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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Massachusetts-Lowell since 2011.
For that period, the average number of students who received grants aid/scholarships is 7,700, which is 57.73 % of all undergraduate students. 7,364 students which is 55.64% of undergraduate students received federal student loans and the average loan amount is $7,025.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-126,122 (52%)$6,7513,687 (31%)$3,8917,158 (61%)$7,258
2012-136,536 (53%)$6,9443,672 (30%)$3,8997,335 (60%)$7,278
2013-146,894 (54%)$7,0153,672 (29%)$3,9737,314 (57%)$7,348
2014-157,160 (55%)$7,4603,648 (28%)$4,0187,391 (57%)$7,179
2015-167,432 (54%)$7,8063,612 (26%)$4,0377,310 (53%)$7,105
2016-177,659 (56%)$8,3043,552 (26%)$4,0267,441 (55%)$7,097
2017-188,166 (58%)$8,8243,810 (27%)$4,2497,652 (55%)$6,977
2018-198,329 (59%)$9,0863,814 (27%)$4,3897,669 (55%)$6,810
2019-208,985 (63%)$9,1084,012 (28%)$4,6457,713 (54%)$6,815
2020-218,673 (63%)$8,7993,962 (29%)$4,6737,229 (52%)$6,795
2021-228,746 (68%)$10,2203,556 (28%)$4,4296,789 (53%)$6,615
Average7,700 (57.73%)$8,2113,727 (28.09%)$4,2037,364 (55.64%)$7,025

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,395 (77.45 % of students) received grants or scholarships and its average amount is $9,751. It can cover 27.55% of tuition & fees ($35,396) based on out-of-state rate.
In addition, 1,226 (68.55 % of students) students get helped from the students loans (average amount : $7,180).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,070 (75%)$7,8991,046 (73%)$6,352
2012-131,119 (76%)$7,9351,093 (74%)$7,021
2013-141,203 (74%)$8,1621,156 (71%)$7,130
2014-151,246 (76%)$8,7141,155 (71%)$7,353
2015-161,211 (76%)$8,9271,060 (66%)$7,222
2016-171,288 (77%)$9,8171,142 (68%)$7,603
2017-181,577 (79%)$10,7201,392 (70%)$7,604
2018-191,617 (78%)$11,5571,448 (70%)$7,574
2019-201,913 (81%)$11,0941,586 (67%)$7,893
2020-211,570 (78%)$10,4491,207 (60%)$6,063
2021-221,526 (82%)$11,9831,200 (64%)$7,166
Average1,395 (77.45%)$9,7511,226 (68.55%)$7,180
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 547 (30.27 % of students) received Pell (federal) grants and its average amount is $4,515.
In addition, 805 students received State/local government grants/scholarships (46.18 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12469 (33%)$4,241156 (11%)$789858 (60%)$2,190856 (60%)$5,211
2012-13439 (30%)$4,338195 (13%)$796875 (59%)$2,262912 (62%)$5,308
2013-14470 (29%)$4,116232 (14%)$751984 (61%)$2,060965 (59%)$5,889
2014-15424 (26%)$4,246231 (14%)$831953 (58%)$2,165963 (59%)$7,064
2015-16392 (25%)$4,193222 (14%)$804947 (59%)$2,125946 (59%)$7,375
2016-17435 (26%)$4,369262 (16%)$704523 (31%)$1,9781,269 (76%)$7,506
2017-18654 (33%)$4,579295 (15%)$777731 (37%)$1,9551,558 (78%)$7,865
2018-19692 (33%)$4,830372 (18%)$808764 (37%)$1,9871,599 (77%)$8,460
2019-20775 (33%)$4,871872 (37%)$1,152829 (35%)$2,2731,801 (77%)$8,084
2020-21694 (34%)$4,928698 (35%)$1,188773 (38%)$2,4371,530 (76%)$6,714
2021-22578 (31%)$4,9551,070 (57%)$2,149619 (33%)$2,6931,413 (76%)$8,108
Average547 (30.27%)$4,515419 (22.18%)$977805 (46.18%)$2,1931,256 (69.00%)$7,053
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 1,226 (68.55 % of students) get any students loan help and its average loan amount is $1,226.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-121,046 (73%)$6,3521,036 (73%)$5,360109 (8%)$10,011
2012-131,093 (74%)$7,0211,084 (73%)$5,556137 (9%)$12,052
2013-141,156 (71%)$7,1301,144 (70%)$5,548160 (10%)$11,844
2014-151,155 (71%)$7,3531,145 (70%)$5,571165 (10%)$12,818
2015-161,060 (66%)$7,2221,048 (66%)$5,348153 (10%)$13,401
2016-171,142 (68%)$7,6031,128 (67%)$5,368187 (11%)$14,055
2017-181,392 (70%)$7,6041,379 (69%)$5,466215 (11%)$14,177
2018-191,448 (70%)$7,5741,433 (69%)$5,252238 (11%)$14,454
2019-201,586 (67%)$7,8931,569 (67%)$5,326260 (11%)$16,004
2020-211,207 (60%)$6,0631,191 (59%)$5,148108 (5%)$10,989
2021-221,200 (64%)$7,1661,189 (64%)$5,207164 (9%)$14,681
Average1,226 (68.55%)$7,1801,213 (67.91%)$5,377172 (9.55%)$13,135

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