Tuition for Massachusetts residents at the University of Massachusetts-Lowell rose by 3.1% for the 2022-23 academic year, as indicated by the latest figures, according to the latest disclosure from the National Center for Education Statistics.
Massachusetts residents paid $16,182 to attend the public four-year university this year, which is $484 higher than the $15,698 charged during the 2021-22 academic year.
Non-resident students were charged 113.5% more than in-state students in 2022-23, paying $34,550. This amount reflects a 2.8% increase from the $33,624 tuition in the previous year.
Approximately 87% of the undergraduate student body at the university are Massachusetts residents, while about 10% come from other states and 3% are international students.
Data reveals that 91% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. A total of 1,493 students were awarded grants or scholarships amounting to $18.9 million, and 1,248 students obtained student loans exceeding $9.1 million.
Across all undergraduate students, 7,537 individuals received grants or scholarships totaling $84.2 million. Additionally, 6,630 students borrowed $42.8 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.
The following data includes only full-time students who began an undergraduate program at the the University of Massachusetts-Lowell 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 | 663 | 35% | $3.7 million | $5,580 |
| State / local grant or scholarship | 695 | 37% | $2.7 million | $3,846 |
| Institutional grants or scholarships | 1,477 | 78% | $12.5 million | $8,469 |
| Grant or scholarship aid total | 1,493 | 79% | $18.9 million | $12,647 |
| Federal student loans | 1,232 | 65% | $6.3 million | $5,121 |
| Other student loans | 170 | 9% | $2.8 million | $16,535 |
| Student loan aid | 1,248 | 66% | $9.1 million | $7,308 |
| Total student aid | 1,714 | 91% | $28 million | $16,337 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
