The UMass Board of Trustees, by statute, annually approves the University's operating budget. The budget usually comes before the Board in June and reflects the spending plan of the University leadership.
Financial Aid Report
Each year, the University produces a report on financial aid. The report provides information about the various amounts of grant and loan aid by source and type, as well as data regarding student participation in the financial aid program.
State Budget Request
The University annually submits a budget request to the legislature and Governor based on a longstanding formula. The formula takes into account such factors as undergraduate and graduate enrollment levels, student to faculty ratios, instructional and administrative support needs, facilities requirements, research levels, and financial aid, and is used by stakeholders to assess the degree of state funding needed.
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