UMass accessible, affordable choice for most state residents, report says
Tuition and fees at the University of Massachusetts are on average a much smaller percentage of median family income than they are at the state's private universities and other New England public universities, and one in four Massachusetts residents enrolled as a first-time freshman in a four-year public or private school in the state attends UMass, according to a new report released today by University of Massachusetts President Robert L. Caret.
The 2012 Report on Annual Indicators: University Performance Measurement System, which takes stock of the University's progress, found that UMass' contribution to producing an educated citizenry and workforce remains high. UMass awarded nearly 14,000 degrees in the 2010-2011 academic year, comprising 15 percent of all undergraduate and graduate degrees awarded in the Commonwealth. The University's impact is particularly strong in computer and information sciences and health on the bachelor's degree level; natural sciences, computer science, and engineering on the master's degree level; and education and business on the doctoral degree level.
``This comprehensive self-analysis is a means of knowing what we do well, in what areas we would like to grow, and how with our excellence in education, research, and service we can better serve the Commonwealth of Massachusetts,'' President Caret said. ``It is an effort that illustrates our unwavering commitment to accountability, assessment, and improvement.''
The 95-page report gauges the University's performance on a range of indicators related to academic quality, student success and satisfaction, access and affordability, service to the Commonwealth, and financial health. It also compares the UMass system to other public research university systems, including the University of Connecticut, University of California, University of Colorado, University of Illinois, University of Maryland, and University of Missouri.
The report found financial indicators at UMass compared favorably to its peer institutions. In Fiscal Year 2011, the University's return on net assets, financial cushion, and debt service to operations were all within the range of peer systems. As for the endowment, the market value of UMass' endowment grew by 15 percent between Fiscal Year 2010 and Fiscal Year 2011, compared to an 18 percent decline in endowment growth over the same period for peer institutions.
``The University of Massachusetts is committed to providing an affordable and accessible education of high quality and conducting programs of research and public service that advance knowledge and improve the lives of the people of the Commonwealth, the nation, and the world,'' President Caret said. ``We are proud of our mission and our achievements, but strive continually to improve in key areas that benefit the constituents we serve.''
The full report can be found here: http://media.umassp.edu/massedu/aasair/PMS%202012%20Annual%20Indicators%20Report.pdf
Contact: Ann Scales, 617.287.4084
The PDF files on this page require the free Adobe Acrobat Reader.
Communications Staff Directory
Robert P. Connolly
Featured University of Massachusetts Publications
UMass Medical School