Cost of college increased for all University of Massachusetts-Amherst students during 2022-23 school year

Marty Meehan President - University of Massachusetts-Amherst
Marty Meehan President - University of Massachusetts-Amherst
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The University of Massachusetts-Amherst reported a 3.1% rise in in-state tuition fees for the 2022-23 academic year, according to the latest disclosure from the National Center for Education Statistics.

Massachusetts residents paid $16,952 to attend the public university this year, an increase of $513 from the $16,439 charged during the 2021-22 academic year.

Non-resident students faced tuition costs 125.2% higher than those for residents in 2022-23, paying $38,171. This represents a 3.3% increase from $36,964 in the previous year.

Approximately 65% of the undergraduate student body at the university are Massachusetts residents, while about 24% come from other states and 9% are international students.

Data indicates that 87% of full-time undergraduates who began studies at the University of Massachusetts-Amherst in 2022-23 received some form of financial aid. A total of 4,161 students were awarded grants or scholarships amounting to $51.4 million, and 2,730 students secured loans exceeding $25.2 million.

Across the entire undergraduate population, 17,386 students utilized grants or scholarships totaling $208.7 million. Additionally, 11,682 students borrowed $75.3 million in federal student loans.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the the University of Massachusetts-Amherst in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 1,033 19% $6.1 million $5,943
State / local grant or scholarship 1,056 19% $2.8 million $2,690
Institutional grants or scholarships 4,149 74% $42.4 million $10,214
Grant or scholarship aid total 4,161 75% $51.4 million $12,343
Federal student loans 2,642 47% $14 million $5,299
Other student loans 516 9% $11.2 million $21,699
Student loan aid 2,730 49% $25.2 million $9,229
Total student aid 4,841 87% $76.6 million $15,814

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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