Contact Us

UMass Boosts Financial Aid

dailycollegian, flickr

The University of Massachusetts is directing a record $169.2 million of its own funds toward student financial during the current academic year.

UMass President Robert Caret announced Wednesday that the money, mostly in the form of grants, helps maintain affordability, access, and keeps student debt manageable.

Institutional aid to UMass students has more than doubled in the last few years, from $68.4 million during the 2006 fiscal year to $169.2.

UMass students borrowed or were awarded $763.7 million in all forms of financial aid in 2013.

University officials say more than 64 percent, or almost 27,000 in-state students, received need-based aid in 2013.

Caret has also asked campus leaders to begin taking steps to make it easier and more convenient to graduate more quickly to reduce student debt. [Associated Press]

More From WBSM

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wbsm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on WBSM - New Bedford's Local Source For News, Talk, and Sports! quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on WBSM - New Bedford's Local Source For News, Talk, and Sports! quickly by logging in with your Facebook account. It's just as secure, and no password to remember!