UMass Tuition and Financial Aid

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This guide is designed to answer one question for you: How are you going to afford University of Massachusetts Amherst?

You probably know that planning for expenses is an important part of the college application process. What you may not know is how many different things you need to keep track of to pay tuition and apply for financial aid.

Here's what we'll cover:

  • How much does UMass tuition cost?
  • How much financial aid do students at UMass usually get?
  • How much debt is typical for students at UMass?
  • How much will UMass cost YOU, and can you actually afford it?
  • Is UMass a good value for you?
  • What are other schools that might be a better value than UMass?

By learning more about expenses and aid, you’re already on the right path to managing college costs. Let’s get started!


School location: Amherst, MA

This school is also known as: University of Massachusetts Amherst

How Much Does UMass Cost?

Knowing what a school costs is Step #1 in managing college costs. There’s more to think about than just the tuition—you also have to factor in where you'll live, what you'll eat, and more while attending University of Massachusetts Amherst.

The "Cost of Attendance" is the total amount of money the average student has to pay, WITHOUT any financial aid, to attend a particular school. Think of it as a school’s sticker price. It includes not just UMass tuition and fees, but also room, board, textbooks, and personal expenses.

The Cost of Attendance breakdown for UMass differs depending on whether you’re in-state or out-of-state student - in-state students can expect lower costs for tuition and fees.

Choose your state of residence here for the most accurate info:


Here’s the Cost of Attendance breakdown for UMass:

  • Tuition and Fees $13443 $28159
  • Room $5846
  • Board $5320
  • Textbooks $1000
  • Other Expenses $1400

  • Typical Total Cost for In-State, On-Campus Students Typical Total Cost for Out-Of-State, On-Campus Students $26282 $40998
  • Typical Total Cost for In-State, Off-Campus Students Typical Total Cost for Out-Of-State, Off-Campus Students $26282 $40998

Because UMass is an out-of-state public institution, you'd be paying $14716 more than if you were an in-state student. To lower costs, you might consider looking at public schools in your state of residence.

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How Much Financial Aid Do Students at UMass Get?

The Cost of Attendance listed above might be intimidating. The good news is that most students don’t end up paying that full price to attend UMass. Financial aid helps make up the difference between the Cost of Attendance and what families can actually afford.

Here we'll cover how many students get UMass financial aid, what types of aid they get, and how much.


A Brief Intro to Financial Aid

Aid comes in many forms, including:

  • Need-based grants
  • Merit-based scholarships
  • Student loans

This financial aid comes from a few different places:

  • Federal aid comes from the federal government, or is subsidized by the federal government.
  • Institutional aid comes from your school itself.

Generally, it’s better for MORE students to receive HIGH amounts of financial aid—this means students pay less for college.

Let’s take a look at how UMass compares to other schools.


Overall Aid

Let's start with the overall numbers. At UMass, we know that:

88% of Students Get ANY Aid

This is 2% HIGHER than the average for Public schools, which is 86%.

This is good news - more students getting financial aid means students at UMass are likely getting a pretty good deal on their education. It could also mean the school skews toward lower income students.

Next, we'll look at actual aid amounts and student debt to dig deeper.


Grants and Scholarships

We’re focusing on grants and scholarships first because they’re the most important forms of financial aid. Grants and scholarships are better than loans because students don’t ever have to pay them back. The more grant/scholarship aid students receive at a particular school, the better off those students are in the long run.

At University of Massachusetts Amherst, we know that:

75% Get ANY Grant Money

This is 2% HIGHER than the average for Public schools, which is 73%.

Although it’s useful to know how many students get grant aid, it’s also important to know how much grant aid people tend to receive. The bigger the average grant award, the better.

So how much grant money do students at UMass tend to receive?

Average Grant Award: $7303

This is $34 HIGHER than the average for Public schools, which is $7269.

Altogether, this is great news - at UMass, MORE students get financial aid, and each award size is HIGHER. This means students have to rely less on loans to pay for college and will likely graduate with less debt.


How Generous is UMass’s Financial Aid?

The grant dollar amounts we’ve seen so far have included aid from all sources - both federal and institutional. Schools don’t have much control over how much federal aid students can qualify for (like Pell Grants), but they do their own financial aid dollars and how they’re used.

To figure out how strong UMass’s own financial aid program is, we’ll look at how they award their own (non-federal) financial aid dollars. The more students receive aid directly from the school (otherwise known as institutional aid), and the bigger the award amounts, the better the financial aid program.

Let’s see how generous University of Massachusetts Amherst is with its students:

55% Get ANY School Grants

This is 9% HIGHER than the average for Public schools, which is 46%.

Because more UMass students get institutional aid, it likely offers relatively competitive financial aid. This means fewer students will need to take out loans to pay for college.


The amount of money that students actually get is just as important (if not more important) than the percent of students who get grants. If you receive a grant, you’ll want it to be big enough to do you some good.

Average School Grant: $6074

This is $1707 HIGHER than the average for Public schools, which is $4367.

Right away, it seems like University of Massachusetts Amherst offers more institutional aid than other schools. On the surface, this can mean that students who do receive institutional grants get a competitive amount, compared to other schools.

On the other hand, this can also mean that the school just costs more than the typical school of its type. If UMass costs more, it makes sense for the average grant award to be higher.


Up to this point, we've looked entirely at grants for UMass. Next, we'll do the same analysis for student loans, which is where student debt comes from.


How Much Debt is Typical for Students at UMass?

Aside from grants, the other major way to pay for college is with student loans. Student loans aren’t free sums of money - you borrow a certain amount to attend UMass, and then pay it back with smaller monthly payments after you graduate.

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The more student loan money you borrow, the more debt you’ll end up with after graduation. Ideally, you want to minimize your student debt as much as possible. Less debt means less of a financial burden once you leave school.

It’s generally a bad sign if a school has many students taking out a lot of loans. This indicates that graduates have to worry about paying back big sums of money once they leave school.

To address the amount and type of debt that students take on, this section will cover:

  • Loan Overview
  • Federal Loans
  • Other Loans

Let’s see what students at UMass have to deal with:

Loan Overview

First, let’s talk about how many students at UMass actually have to take out any student loans at all. The ideal goal is to graduate with little to no debt.

It’s very common for college grads in the US to graduate with some debt, but high percentages of students taking on loans at a particular school is a big red flag. In contrast, low percentages of students with loans is a sign that UMass tuition is affordable.

So how many students actually end up taking out loans at UMass?

61% Have ANY Loans

This is 3% higher than the average for Public schools, which is 58%.

High numbers of students with loans is a red flag, and UMass is above average. It doesn’t necessarily mean that students end up with high amounts of debt - we’ll get to that question very shortly - but it suggests that UMass is less affordable for the average student.

To break this down further, we have to understand how much actual debt the average person takes out while in school. Next, we’ll look at student debt amounts.


Federal Loans

Now that you have a handle on the basic loan information for UMass, we’ll get into some more nitty-gritty information on the types and amounts of loans that students typically have.

We’ll start with federal loans because, in general, federal loans are preferable to private loans. Federal loans tend to have low interest rates, which means they cost less in the long run. They may come with other perks (like subsidization or even options for loan forgiveness).

High percentages or amounts of federal loans still isn’t a great sign - again, you don’t want to see students burdened with too much debt. Generally, schools with strong financial aid programs will have students with more federal loans than private loans.

Let’s see how UMass stacks up:

60% Have Federal Loans

At University of Massachusetts Amherst, 60% of all students take out federal loans. This is 3% HIGHER than the average percent of students for Public schools, which is 57%.


Average Federal Loan: $5650

At UMass, the average annual federal loan amount is $5650. This amount is $59 MORE than the average for Public schools, which is $5591.


Other Private Loans

Other loans, or private loans, are the last resource students turn to when paying for college. They’re the least preferable form of financial aid because they have higher interest rates and cost students the most money in the long run.

Generally, the fewer students who take private loans, and the lower the amount of the loan, the more affordable UMass is.

Let’s take a look at the percentage of students at UMass with non-federal loans:

11% Have Private Loans

At University of Massachusetts Amherst, 11% of students take out private loans. This is 6% HIGHER than the average for Public schools, which is 5%


Just as important as the percentage of students with private loans is the average loan amount. The smaller the average loan amount, the better:

Average Private Loan: $13609

The average private loan amount at UMass is $13609. This is $4063 HIGHER than the average for Public schools, which is $9546.


The percentage of students getting federal loans is greater than those getting private loans, which is a good sign. This means lower-interest federal loans are usually enough to pay for UMass.

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What Would It Cost YOU to Attend UMass?

Finally, we get to the bottom line: what will UMass actually cost YOU? Every family has a different situation, and depending on your income level, you'll have to pay more or less to go to college.

What is Net Price, and Why Does it Matter?

Above, we've covered UMass's Cost of Attendance (tuition, room and board, books, and more). We also covered its typical financial aid in grants, loans, and scholarships.

The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. The lower the school's cost, and the more aid you get, the lower the Net Price.

We'll cover two ways to get your Net Price for UMass - the fast way, and the precise way.

calculator

Net Price: The Quick and Easy Way

If you want a quick, general idea of your annual Net Price at UMass, here's a handy chart showing the net price of real students. All you need is your family income.

If your family makes between... Your Net Price will likely be around...
$0 - $30,000 $12116
$30,001 - $48,000 $12901
$48,001 - $75,000 $16046
$75,001 - $110,000 $21393
$110,000 and up $23821

Note that these values may be a few years old, and today's prices may be a bit higher.

As we'll discuss next, your exact Net Price will depend on other factors like the number of family members and total assets, but this represents the typical Net Price.


Net Price: The Most Accurate Method

Most schools have an updated Net Price calculator available. To find it, just google "UMass Net Price Calculator" - the official tool should be one of the top search results.

Often the school will ask for more information than just income:

  • The number of people in your household
  • The number of family members in college
  • Parental wages, income, and assets
  • Student wages, income, and assets

This will take 10-15 minutes to complete, and you'll get a specific net price that's more accurate than the table above.


Can You Afford to Attend UMass?

Once you have a Net Price estimate, you’ll want to figure out whether your family can afford to pay UMass tuition and costs. Once again, the Net Price is the total cost of attending, minus the aid you can expect to get (grants and scholarships). It's the amount you'd have to cover yourself.

The US government has come up with a standardized way to calculate how much a typical family can afford to pay without help. They call this the Expected Family Contribution, or EFC.

As an example, a family that brings home $80,000 in income before taxes, with no assets and no other children in college, has an EFC of around $7,000. This is the amount the government thinks that family can reasonably pay, and the school will have to step in and cover the rest.

Colleges use this number as a guideline to decide how much aid to give you, but it's just a guideline. Some schools will be stingier with aid, and you'll have to pay more than the government's suggested EFC.

So we're going to calculate your EFC and compare it to UMass's Net Price. If the Net Price is higher than the EFC, the school will cost more than you can typically afford. It's a simple equation:

Net Price - Expected Family Contribution = Deficit (extra cost you would need to cover)

We've constructed a simple tool to figure out whether UMass is affordable for you:


Affordability Calculator

This tool will calculate your Expected Family Contribution, or EFC. In order to calculate this amount, we need just 4 pieces of information from you. We won't save this data.

1) What is your family’s gross income before taxes?

2) What is your family’s net worth? Include cash, investments, and net worth of businesses. Don't include the value of your home.

3) How many people are in your family in total?


4) Finally, how many people in your family are currently in college, including you but not including your parents?


Your Affordability Results

According to the information you’ve entered above, your Expected Family Contribution should be about $. This is the amount that the federal government thinks you can afford to pay for school.

Please note this tool is only an approximation, and your personal situation may cause your EFC to vary. The most accurate way to get EFC is to use the FAFSA Caster tool, which can take 10-15 minutes to complete.

The typical Net Price at UMass for your income level is $.

The difference between the Net Price and your Expected Family Contribution is $ , which is the amount you’d have to make up for in outside scholarships, loans, a job, or other methods of payment. , which is negative and means the net price is below what your family can comfortably afford.

Unfortunately, it looks like your estimated Net Price to attend University of Massachusetts Amherst is significantly greater than your EFC. This means UMass may be more expensive than what your family can comfortably afford by at least $10,000 per year.

This doesn’t mean that it’s financially impossible to attend this school. Your EFC may be higher from our quick estimate above. Also, you may be able to cover much of your expenses with loans, outside scholarships, or a job.

But over four years, $ is still a sizable amount, and if you have to take out loans, it may take many years to pay off.

Therefore, it's still worthwhile to consider your options. Is UMass really the best value education? Are there more affordable schools that can also give you a better education? We'll discuss this next.

It looks like your estimated Net Price to attend University of Massachusetts Amherst is higher than your calculated Expected Family Contribution, but by a reasonable amount that's between $5,000 and $10,000 per year.

This is good news! Paying for UMass may be feasible with minor cost-cutting, a part-time job, or outside scholarships.

Over four years, $ is still a significant amount, but a manageable amount to pay off even if you took out loans.

It's still useful to use the school's official Net Price calculator to figure this out, but things are looking good. And even though you can afford UMass, it's still worthwhile to consider whether there are any schools that will offer even more value. We'll discuss this next.

Hooray! It looks like your estimated Net Price to attend University of Massachusetts Amherst is just a tad higher than your Expected Family Contribution, below $5,000 a year.

This is great news! It means attending UMass is feasible for you by taking out a small amount of loans, or possibly working a part-time job. Over four years, $ is still a significant amount to cover, but manageable to pay off with your job after college, even if you took out loans.

It's still useful to search for the official Net Price calculator at UMass to get the most accurate estimate, but you're in good shape.

Even though you can afford UMass, when making such an important financial decision, it’s important to think about the actual value of the education. Are there any schools of higher value than UMass? We'll find out more below.

Great news! Your Net Price to attend University of Massachusetts Amherst is less than your Expected Family Contribution. This means your family should be able to afford the cost of college without much of a problem.

You can pay for college through a variety of ways. For example, your family can pay out of pocket, and you'll graduate without loans. Or, if you want to be more independent, you can still take out loans or take a part-time job to pay for part of the costs. In any case, you should be in good financial shape to attend UMass.

Since we've been using estimations so far, it's still useful for you to look for UMass's official Net Price calculator to double-check our math.

Even though you can comfortably afford UMass, it’s important to think about the value of the education you’ll be receiving as well. What schools offer a better education than UMass or are even more affordable? We'll find out below.


Finally: Is This Price Really Worth It?

Chances are, college won't be cheap. Even if you have a few top choice schools in mind like UMass, it's still useful to explore broadly.

A few questions to ponder:

  • How much better off will you be if you attend UMass as opposed to a similar, but cheaper, school?
  • Have you considered a range of private and public schools? Big and small?
  • What if you didn't attend college at all? (This is extreme, but just worth considering even for a second.
These are the big picture questions to consider when we talk about the value of a college education.

value

Here's our take: college will be a really important stage in your development. Going to a better, more reputable college will usually pay off in the long run. By going to a better college, you'll be surrounded by a more interesting community, find it easier to land a job, and open up opportunities.

To determine the value of UMass, we're going to rely on reputable ranking lists. These consider factors like reputation, student selectivity, income after graduating, and more to determine the value of a school.


Value Judgment

So how does UMass stack up?

High Value

Based primarily on its reputation, University of Massachusetts Amherst is a high value school, placing it in the top 20% of schools in terms of value.

UMass gets this verdict primarily on the school's reputation. On college ranking lists, it often ranks between #50 and 100, putting it roughly in the top 10% of schools. This means that you'll get a rigorous college education and be well prepared to build your career after graduating.

On value rankings lists, UMass doesn't often appear. This usually means that, compared to other schools of similar reputation, {[s.get_name}} has a higher net price and may offer less competitive financial aid. To cover the cost of admission, you may have to take out loans, get scholarships, or work a part-time job.

Overall, we still believe University of Massachusetts Amherst is a high value school that is worth the cost. But if you can attend an even better school with a better reputation and lower cost, you'll get a much higher bang for your buck.

How Do You Get In?

Since UMass has a pretty strong reputation, you'll have to submit a solid application to get in. This means having competitive SAT/ACT scores, a solid GPA, and activities to stand out among thousands of applicants.

How do you compare to other students accepted to UMass? Check out our Admissions Guide to UMass.



What Other Schools Should You Consider?

Your next step should be to get a better idea of costs and aid availability at similar schools. If you’re interested in UMass, you should check out some other high-value schools that could give you more bang for your buck. Get started here to check both in-state and out-of-state schools that might provide a better value.


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Better Value Schools

Finally, we're going to look at schools that might offer a better value than University of Massachusetts Amherst. To compile this list, we first find schools at similar academic levels, so you have a similar chance at getting in. Then we select schools that better value for you, by being more affordable or having a higher quality of education

It’s hard to know exactly what schools will be a great value for you without information on your family income. Enter your family income here for the best recommendations for schools:

In-State Schools

There are a lot of potential financial benefits that come with attending a school close to home. For example, in-state public schools tend to have subsidized tuitions for state residents. Students may also have the chance to save money if they choose to stay at home.

If you’re looking for good deals on schools in your state, you should start by checking out the following colleges and universities:

School Name Location SAT ACT GPA
Smith College Northampton, MA 1415 32 4.2
University of Massachusetts Boston Boston, MA 1180 27 3.5
Framingham State University Framingham, MA 1105 29 3.08
Emmanuel College Boston, MA 1250 29 3.9
University of Massachusetts Dartmouth North Dartmouth, MA 1140 27 3.27
Smith College Northampton, MA 1415 32 4.2
University of Massachusetts Boston Boston, MA 1180 27 3.5
Emmanuel College Boston, MA 1250 29 3.9
University of Massachusetts Lowell Lowell, MA 1260 27 3.72
University of Massachusetts Boston Boston, MA 1180 27 3.5
Emmanuel College Boston, MA 1250 29 3.9
University of Massachusetts Lowell Lowell, MA 1260 27 3.72
University of Massachusetts Boston Boston, MA 1180 27 3.5
Framingham State University Framingham, MA 1105 29 3.08
Emmanuel College Boston, MA 1250 29 3.9
University of Massachusetts Lowell Lowell, MA 1260 27 3.72
University of Massachusetts Boston Boston, MA 1180 27 3.5
Framingham State University Framingham, MA 1105 29 3.08
Emmanuel College Boston, MA 1250 29 3.9
University of Massachusetts Lowell Lowell, MA 1260 27 3.72

Out-of-State Schools

You can still get a good value on your education if you choose to attend an out-of-state school, especially if you qualify for generous financial aid.

If you’re interested in getting an education out-of-state, start by checking out the following colleges and universities:

School Name Location SAT ACT GPA
Missouri University of Science and Technology Rolla, MO 1280 27 3.81
Grinnell College Grinnell, IA 1460 33 4.06
Rutgers, The State University of New Jersey New Brunswick, NJ 1380 31 3.92
Franklin & Marshall College Lancaster, PA 1350 31 3.92
University of Oregon Eugene, OR 1253 27 3.8
Missouri University of Science and Technology Rolla, MO 1280 27 3.81
Grinnell College Grinnell, IA 1460 33 4.06
Franklin & Marshall College Lancaster, PA 1350 31 3.92
University of California, Davis Davis, CA 1280 28 4
Stony Brook University Stony Brook, NY 1396 31 3.6
Missouri University of Science and Technology Rolla, MO 1280 27 3.81
University of California, Davis Davis, CA 1280 28 4
University of Virginia Charlottesville, VA 1445 33 4.32
Touro University New York, NY 1321 28 3.28
Washington and Lee University Lexington, VA 1469 33 4.06
Missouri University of Science and Technology Rolla, MO 1280 27 3.81
Bob Jones University Greenville, SC 1110 30 3.7
George Mason University Fairfax, VA 1240 28 3.68
Simpson College Indianola, IA 1210 31 3.57
University of Maine Orono, ME 1198 27 3.5
Missouri University of Science and Technology Rolla, MO 1280 27 3.81
Bob Jones University Greenville, SC 1110 30 3.7
George Mason University Fairfax, VA 1240 28 3.68
University of Tennessee Knoxville, TN 1235 28 4.19
Touro University New York, NY 1321 28 3.28

How would your chances at getting into University of Massachusetts Amherst improve with a better score?

Now that we've figured out whether you can afford UMass, we need to focus on getting you in. A big part of this is your SAT/ACT score.

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