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Thursday, November 7, 2024

Cost of college went up for all students at the University of Massachusetts-Amherst

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In-state tuition and fees rose 3.1 percent for 2018-19 at the University of Massachusetts-Amherst, according to recent data from the U.S. Department of Education.

Massachusetts residents paid $15,887 to attend the four-year public institution this year – $476 more than the $15,411 charged for 2017-18.

Non-residents paid 117.6 percent more than residents this year, or $34,570. Their price tag grew 3.3 percent from $33,477 in 2017-18.

About 70 percent of the school's undergraduate population are Massachusetts residents. About 19 percent are residents of other states and 10 percent are citizens of other countries.

Data shows 91 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 3,901 students received grants or scholarships totaling $37.8 million and 2,712 students took out student loans totaling more than $22.1 million.

Including all undergraduates (30,593), 17,087 students used grants or scholarships totaling $166.7 million, and 13,099 students took out $88.5 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~21,415$14,171$14,971$15,411$15,88712.1%
Out-of-state~5,813$30,504$32,204$33,477$34,57013.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the University of Massachusetts-Amherst in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants1,04622%$5,198,514$4,970
State / local grant or scholarship1,08523%$1,945,323$1,793
Institutional grants or scholarships3,89882%$30,674,099$7,869
Grant or scholarship aid total3,90182%$37,817,936$9,694
Federal student loans2,67256%$14,739,401$5,516
Other student loans45210%$7,355,220$16,273
Student loan aid2,71257%$22,094,621$8,147
Total student aid4,31591%--

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