The University of Massachusetts has announced that it is boosting financial aid for students by $25 million this academic year to a record high $158 million.
Students at the system's fives campuses are receiving $736 million in all forms of financial aid during the current year, the $158 million representing grants from the university itself.
President Robert Caret said in a statement Monday that the goal is to make the university affordable during a time of declining state support.
UMass students receive an average of $7,100 in financial aid per year.