UMass announces record $169 million in financial aid this year

UMass to hand out $169 million in financial aid this year. Photo via blog.jammer-store.com
UMass to hand out $169 million in financial aid this year. Photo via blog.jammer-store.com
Students at the University of Massachusetts this year will get more financial aid than every before.

The university announced today that it is directing a record $169 million in aid to students this fiscal year, up from $68.4 million in fiscal 2006.

In a statement, UMass President Robert Caret said chancellors at the university’s five campuses were using “limited resources” to address student affordability issues.

Most of the funds are being delivered in the form of grants.

According to the university, financial aid needs are growing, with more students applying for aid and more eligible to receive it than in past years.

According to a financial aid report presented to university officials today, 75 percent of UMass undergraduates will graduate with an average of $28,462 in college debt this fiscal year, compared to 65 percent who graduated with average debt of $20,956 in fiscal 2008


News
Entertainment
Sports
Lifestyle
Local

Cops release sketch of Madison Avenue jewelry robbery…

Authorities continue to look for a man suspected in a $54,000 jewelry heist at a Madison Avenue store from from last week.

National

Rapper affiliate of Wu-Tang Clan 'cuts off own…

Rapper Andre Johnson, who has performed with New York outfit the Wu-Tang Clan, is in a critical condition after reportedly cutting off his own penis…

International

Canadian charged in 'Heartbleed' attack on tax agency

OTTAWA (Reuters) - Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from…

National

Every dog has his day in court, in…

(Reuters) - Call him juror K-9.A computer glitch is likely to blame for a summons that called a German Shepherd to report for jury duty,…

Movies

The Cannes Film Festival announces its 2014 lineup

The lineup of the 2014 Cannes Film Festival was announced this morning, promising the latest from a slew of usual (and some unusual) suspects.

Television

‘Survivor: Cagayan’ recap: Episode 8

Sure, it's called Survivor. But this season should really be called 'The Tony Show.'

Television

Jim Rash talks 'The Writer's Room' and amazing…

For Jim Rash, as the fifth season of "Community" comes to a close, the second season of "The Writer's Room" begins.

Going Out

Tasty chicken and waffles in NYC

Try some soul food goodness around the city.

NBA

Knicks wrap up season with win over Raptors

The Knicks wrapped up their season as it began — undermanned — but that still didn’t deter them from ending it the right way.

MLB

Adam Warren closes out doubleheader sweep for Yankees

Adam Warren navigated a tricky ninth inning earn the Yankees a 2-0 victory over the Cubs.

NHL

Marc Staal healthy, eager to contribute to Rangers…

Marc Staal remembers the feeling of helplessness watching his teammates compete for hockey’s ultimate prize and being unable to contribute.

NFL

2014 NFL Mock Draft: Updated, new April version

2014 NFL Mock Draft: Updated, new April version

Wellbeing

This Week in Health: chocolate may prevent obesity…

Can chocolate prevent obesity and diabetes? Location of study: U.S. Study subjects: Mice Results: The positive health benefits of chocolate have been studied increasingly more…

Wellbeing

This Week in Health News: breastfed infants trying…

Are breastfed infants trying to prevent mom from having another baby? Theory: The act of breastfeeding not only brings mom and baby closer together –…

Wellbeing

Unexplained infertility may be caused by lack of…

Researchers have identified a protein on the egg's surface that interacts with another protein on the surface of sperm, allowing the two cells to join.

Tech

5 surprising facts about Google Glass

Your sex life could get more interesting.