UMass Boosts Student Financial Aid To $158M

Ann McClure's picture

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.

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