I Need Money

Financial Aid and Student Loan Information

UMass Amherst Financial Aid Services can help you with filling out and filing the Free Application for Federal Student Aid (FAFSA).  A UPay payment plan allows you to spread out your tuition payments in installments. Income Based Repayment or economic hardship deferments may be available for some student loans. Financial Aid Services staff can review and adjust your budget on case by case basis. 

My Debt Center is a new tool designed to help you monitor your borrowing activity in SPIRE.  My Debt Center displays your UMass Amherst student loan activity updated in real time and contains information about loan repayment options and scholarship resources.

To access the My Debt Center page, log in to the desktop version of your SPIRE account. Click on “View Financial Aid” in the Finances menu, then click on the My Debt Center button in the upper right corner of your screen.

Banking Services, Loans, and Financial Counseling

The UMassFive Credit Union has checking and savings accounts and other financial services including loans (student, personal, auto, bicycle, etc.); mobile banking; and mortgages.

UMassFive’s affiliates can compare student loans, find scholarships, personalize loan repayments, manage credit card debt, help prevent foreclosure, and provide financial education and advice.

The Student Life Support Team can help undergraduate students with emergency microgrants for unexpected situations, small living expense loans, and bridge loans for veteran GI Bill benefits. Emergency loans for graduate students are available through the Graduate Assistantship Office.

Student Care and Emergency Response Fund & Student Care Supply Closets

The Student Care and Emergency Response Fund can provide help to students with economic insecurity who are encountering unforeseen expenses. Contact the Dean of Students Office at 413-545-2684 to schedule a meeting with a case managerStudent Care Supply Closets provide free toiletries and household items to students facing economic insecurity and/or unexpected financial emergency. Students needing supply closet items are invited to drop by one of the Supply Closet locations listed below and a staff member will be able to assist. 


Free Tax Preparation

The School of Management hosts a free tax preparation service for qualifying students.

Additional Resources

Money stress can have a big impact on your well-being. Calming your body’s stress responses can help you think more clearly, get control of your situation, and find better solutions. Having a financial rough patch is not a sign of personal failure or weakness. Money management tools, learning from financial professionals, support for managing anxiety, or meeting with a support group or a drop in session with a counselor at the Center for Counseling and Psychological Health (CCPH), can help you see options and solutions for your situation and get you back on track so you feel more in control and optimistic.

Apps like Mint.comWally, and Good Budget can make tracking and managing your budget easy so you stay on top of what comes in, what goes out, what you’ve saved, and if you’re on track with your budget to meet your goals.

Save money on textbooks and software through free Open Education Resources, free and discounted software, asking faculty to add textbooks to course reserves, renting textbooks, or buying used textbooks. Save money on food with a cookbook of tasty recipes and strategies for eating well on $4 a dayBrandless offers high quality, healthy food and household products with specialized selections of certified Kosher, gluten-free, and vegan foods for $3 or less. Don't forget to take advantage of student discounts!

If you currently have MassHealth coverage, you may be able to sign up for the UMass Amherst health insurance plan through MassHealth Premium Assistance. If you qualify, MassHealth will pay for your student health insurance plan. Information on MassHealth premium assistance is at 1-855-273-5903.