How U of Massachusetts-Boston's Financial Aid Changes

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-Boston since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,423, which is 67.89 % of all undergraduate students. 6,461 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $7,030.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	6,805 (55%)	$7,998	4,769 (39%)	$4,101	6,830 (55%)	$7,285
2014-15	7,311 (60%)	$8,156	5,067 (42%)	$4,167	6,629 (55%)	$7,424
2015-16	7,631 (62%)	$8,534	5,177 (42%)	$4,169	6,591 (53%)	$7,317
2016-17	7,419 (61%)	$8,848	4,921 (40%)	$4,160	6,363 (52%)	$7,293
2017-18	7,732 (64%)	$9,276	5,244 (43%)	$4,453	6,310 (52%)	$6,991
2018-19	8,069 (63%)	$9,731	5,273 (41%)	$4,580	6,433 (51%)	$6,786
2019-20	8,698 (69%)	$9,911	5,305 (42%)	$4,797	6,357 (50%)	$6,763
2020-21	10,146 (79%)	$9,819	5,437 (42%)	$4,865	6,299 (49%)	$6,769
2021-22	11,998 (98%)	$8,917	5,212 (42%)	$4,792	6,336 (52%)	$6,644
Average	8,423 (67.89%)	$9,021	5,156 (41.44%)	$4,454	6,461 (52.11%)	$7,030

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

Overview

For the last 10 years, on average, 1,460 (78.67 % of students) received grants or scholarships and its average amount is $10,953. It can cover 29.47% of tuition & fees ($37,171) based on out-of-state rate.

In addition, 1,001 (54.22 % of students) students get helped from the students loans (average amount : $6,090).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	883 (67%)	$9,219	714 (54%)	$5,499
2014-15	967 (67%)	$9,851	681 (47%)	$5,591
2015-16	1,127 (73%)	$10,267	767 (50%)	$5,378
2016-17	1,101 (71%)	$11,342	774 (50%)	$6,173
2017-18	1,376 (76%)	$11,175	939 (52%)	$5,819
2018-19	1,778 (78%)	$11,943	1,348 (59%)	$7,032
2019-20	1,721 (83%)	$11,905	1,166 (56%)	$7,069
2020-21	2,040 (94%)	$11,767	1,308 (60%)	$5,499
2021-22	2,149 (99%)	$11,104	1,314 (60%)	$6,746
Average	1,460 (78.67%)	$10,953	1,001 (54.22%)	$6,090

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 879 (48.00 % of students) received Pell (federal) grants and its average amount is $4,977.

In addition, 945 students received State/local government grants/scholarships (52.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	563 (43%)	$4,648	346 (26%)	$789	765 (58%)	$2,793	764 (58%)	$4,076
2014-15	654 (45%)	$4,696	470 (33%)	$783	851 (59%)	$2,876	849 (59%)	$4,287
2015-16	703 (46%)	$4,646	556 (36%)	$763	951 (62%)	$2,770	1,016 (66%)	$5,163
2016-17	704 (46%)	$5,295	506 (33%)	$782	675 (44%)	$2,131	1,060 (69%)	$6,534
2017-18	883 (49%)	$4,964	694 (39%)	$761	893 (50%)	$2,164	1,327 (74%)	$6,430
2018-19	1,064 (47%)	$5,421	725 (32%)	$781	1,111 (49%)	$1,986	1,701 (75%)	$7,463
2019-20	1,045 (50%)	$5,107	973 (47%)	$923	1,040 (50%)	$2,199	1,663 (80%)	$7,195
2020-21	1,146 (53%)	$5,116	1,941 (90%)	$1,229	1,157 (53%)	$2,170	1,838 (85%)	$7,207
2021-22	1,147 (53%)	$4,902	778 (36%)	$712	1,064 (49%)	$2,421	1,863 (85%)	$8,111
Average	879 (48.00%)	$4,977	777 (41.33%)	$836	945 (52.67%)	$2,390	1,342 (72.33%)	$6,274

^*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..

Student Loans

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 10 years, on average, 1,001 (54.22 % of students) get any students loan help and its average loan amount is $1,001.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	714 (54%)	$5,499	711 (54%)	$5,129	27 (2%)	$10,349
2014-15	681 (47%)	$5,591	670 (47%)	$4,693	48 (3%)	$13,816
2015-16	767 (50%)	$5,378	759 (49%)	$4,729	49 (3%)	$10,928
2016-17	774 (50%)	$6,173	768 (50%)	$5,212	66 (4%)	$11,743
2017-18	939 (52%)	$5,819	932 (52%)	$4,947	68 (4%)	$12,549
2018-19	1,348 (59%)	$7,032	1,334 (59%)	$4,955	193 (8%)	$14,870
2019-20	1,166 (56%)	$7,069	1,160 (56%)	$5,029	151 (7%)	$15,949
2020-21	1,308 (60%)	$5,499	1,213 (56%)	$4,888	95 (4%)	$13,299
2021-22	1,314 (60%)	$6,746	1,299 (60%)	$4,920	164 (8%)	$15,084
Average	1,001 (54.22%)	$6,090	983 (53.67%)	$4,945	96 (4.78%)	$13,176

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Scholarships, Grants, and Loan Trends at U of Massachusetts-Boston

All Undergraduate Students Financial Aid Over Time

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