Financing a World of Opportunities

Cost is an important factor to consider when choosing a college or university, but so is understanding the return on investment that your education will provide. UMass Amherst offers need-based financial aid and scholarships to those who are eligible, and we offer a great value and healthy return on investment to all of our students. For six straight years, UMass Amherst is included in “Best College Values” reports compiled by Kiplinger’s Personal Finance magazine.

 

Financial Aid

The Free Application for Federal Student Aid (FAFSA) is the only application used to apply for financial aid. The FAFSA should be filed as soon after October 1 as possible and before the priority date March 1 for maximum consideration. In completing the application, be sure to list the University of Massachusetts Amherst as one of the schools on your FAFSA form. Our school code is 002221.

Financial aid funds come from three major sources: the federal government, the state, and from UMass Amherst resources. Depending on eligibility and availability, awards may include grants, scholarships, loans, and part-time employment.

Please visit the Financial Aid website for more information about financial aid, including alternative financing options.

 

Estimated Academic Year Costs

2018-2019* Estimated Academic Year Costs for Full-Time Undergraduate Students:

In-State

                Tuition/Fees: $15,887

                Room/Board: $12,626

                Total: $28,513

Out-of-State or International**

                Tuition/Fees: $34,570

                Room/Board: $12,626

                Total: $47,196

Please note, the amounts listed above are estimates and subject to change. Every student pays tuition (based on residency), the technology fee, and the student activities fee, but beyond that, you per-year charges can differ depending on such things as your program of study, your housing, and meal plan. To get a better sense of your actual cost of attendance, please visit the Office of the Bursar’s website.

Indirect Costs: In preparing a college budget, it is important to include miscellaneous expenses. The full-year estimate for books and supplies is $1,000; the full-year estimate for personal expenses and transportation is $1,400.

Tuition Break Program: Students who are legal residents of New England states pay reduced tuition for certain degree programs not offered by their home-state institution. For more information, go here.

*We anticipate increases for the 2019-2020 academic year.

**Please see this website for a more detailed look at the international student expense estimates.

 

MassTransfer Tuition Credit

If you graduate in an approved MassTransfer program with a final community college GPA of 3.0 or higher and enroll within one year at UMass Amherst, you may qualify for the MassTransfer Tuition Credit. This credit is worth $1,714/year for full-time students.

If you receive the credit, it is guaranteed for your first two semesters at UMass Amherst and may be awarded afterwards if you maintain a GPA of 3.0 or higher. Please note, only one tuition credit can be applied to your bill.

 

Scholarships

As part of the MassTransfer application, you can apply for a transfer scholarship, which requires a 300 word statement about your personal circumstances and involvement in activities outside of the classroom that have shaped you as an individual and your education. The scholarship application is only available within the MassTransfer application and cannot be completed at a later time.

Applications are reviewed using a holistic review process and decisions are based on the overall competitiveness of the applicant pool and information provided in your application. Since many of the scholarships are income-based, applicants should complete the Free Application for Federal Student Aid (FAFSA) as it provides important information about one’s Expected Family Contribution (EFC).

The following scholarships are available to incoming MassTransfer students through the Office of Undergraduate Admissions:

Honors-to-Honors Scholarship ($6,000/year)

This scholarship is intended for first-generation or low-income students completing a Commonwealth Honors Program and enrolling in the UMass Amherst Commonwealth Honors College. For more information, see our “Frequently Asked Questions” website at: http://www.umass.edu/admissions/hhfaq

To be eligible, the following requirements must be met:

  • Massachusetts resident;
  • First-generation or low-income;
  • Be completing an approved MassTransfer program;
  • Be completing a Commonwealth Honors Program or have a 3.5 or higher community college GPA;
  • At least 30 credits earned for the associate degree must be completed at a Massachusetts community college; and
  • Join the Commonwealth Honors College at UMass Amherst.

Flagship Award ($6,000/year)

This scholarship recognizes first-generation or low-income college students graduating from a Massachusetts community college with strong academic records who have contributed in a positive way within their community or family. Factors like extra-curricular activities, leadership roles, community service, and work experience are all taken into consideration by the scholarship committee.

To be eligible, the following requirements must be met:

  • Massachusetts resident;
  • First-generation or low-income; and
  • Be completing an associate degree at a Massachusetts community college.

Community College Academic Honors Scholarship ($2,500/year)

This scholarship rewards Massachusetts residents graduating from a Massachusetts community college with strong academic records. The award is based on both GPA and overall academic rigor. For more information, see our “Frequently Asked Questions” website at: http://www.umass.edu/admissions/ccahsfaq

To be eligible, the following requirements must be met:

  • Massachusetts resident;
  • Have a 3.5 or higher community college GPA;
  • Be completing an associate degree at a Massachusetts public community college; and
  • At least 30 credits earned for the associate degree must be completed at a Massachusetts community college.