Financial Aid

Making High-Quality Education Highly Affordable for Online Students

Complete the FAFSA

Making High-Quality Education Highly Affordable for Online Students

Complete the FAFSA

Important information about the 2026-2027 FAFSA
On April 26, the Department of Education began implementing a system update that is preventing schools from accessing Free Application for Financial Student Aid records. You may still complete and submit the 2026-2027 FAFSA but we will be unable to provide you with financial aid information until the update is complete, which is anticipated to be in late May.

As a UMass Lowell student, you'll benefit from a return on investment that is among the highest in New England for public institutions. That's because our online tuition rates are among the lowest in the country, and on-campus tuition is about half the cost of private colleges in the area. Plus, you can take advantage of financial aid opportunities to make your education even more affordable, including:

Grants for Undergraduate and Graduate Students
Scholarships
Loans

Average Annual Scholarship and Grant Aid Available to Online Students

Undergraduate Students	$1,005,000
Graduate Students	$500,000

How to Apply for Financial Aid

To qualify for free aid (grants and scholarships) or borrow money to pay for college (student loans), you must complete the Free Application for Federal Student Aid (FAFSA) form.

While grants and scholarships may only be applied toward the cost of tuition, federal financial assistance can be used to cover a wide array of costs while you are in school, including:

Tuition and fees
Print and digital textbooks

Lab and technology costs
Living expenses

Frequently Asked Questions

Am I eligible for financial aid?

Most students are eligible for some form of financial aid. You must be admitted into an eligible program and registered for at least two courses. Additionally, you must be a U.S. citizen, permanent resident or eligible non-citizen and have a social security number. Please see Eligibility Requirements for more information.
How do I qualify for financial aid?

To qualify for financial aid, you must complete the FASFA. Please see Applying for Financial Aid for more information.
Is financial aid available for summer courses?

Admitted and enrolled undergraduate students are eligible for scholarships through our division for summer courses. Please see Summer Aid Frequently Asked Questions for more information about summer financial aid.
How does financial aid work for graduate school students?

Graduate students may apply for Federal Student Loans and student employment opportunities.

Explore More Ways to Save

Grants for Undergraduate Students
Grants and Scholarships for Graduate Students
Scholarship Opportunities
Student Employment
(For students living or studying on campus)
Corporate Academic Partners

Helpful Links

Questions About Financial Aid?

Email

ContinuingEd-financialaid@uml.edu

Phone

978-934-2000

Important Information for Anyone Receiving Financial Aid

You will be notified of your financial aid award via the Financial Aid Award Letter. Your initial award is based on part-time enrollment (6–8 credits). If your enrollment is other than part-time, you should notify our office. Revisions to your financial aid awards will be made at the end of the add/drop period.