Financial Aid

Rights & Responsibilities

  • A student has the right to privacy. All records and information submitted with an application for financial aid are confidential, subject to legal requirements concerning disclosure of such information.
  • A student’s award is determined in accordance with the laws, regulations, and appropriations of the U.S. Congress, Commonwealth of Massachusetts and the University of Massachusetts Lowell and is subject to adjustment or cancellation in the event of any changes.
  • A student must notify the university if there are any changes to their address or telephone number.
  • A student receiving financial aid must maintain satisfactory academic progress (SAP). SAP is evaluated at the end of each academic year. A student failing to meet the established guidelines will receive a Notice of Ineligibility. A student has a right to appeal that decision. To appeal, a student must send a written letter to the Financial Aid Office stating the reason for the appeal. To regain financial aid eligibility, a student must achieve acceptable status or have the appeal granted in writing by a financial aid counselor.
  • A student must reapply every year for financial aid by using the Renewal FAFSA online at
  • All new Direct Loan borrowers must complete an Entrance Counseling. On line Entrance Counseling is available by visiting our web site at and clicking on loan servicing. All students, who graduate, withdraw or drop below half-time status must complete an Exit Counseling Interview which is also available on our web site.

Return of Title IV Financial Aid Funds


Undergraduate students withdrawing from the University are required to discharge all financial obligations to the University, return all University property, and file a written notification of withdrawal with the Registrar’s Office.

Graduate students, withdrawing from the University, must obtain the appropriate signatures on the withdrawal clearance form and submit it to the Graduate School to ensure that academic and financial obligations are cleared before leaving the University.

Policy Guidelines:

The University of Massachusetts Lowell is required by Federal Law to determine the earned and unearned Title IV aid a student has earned as of the date the student ceased attendance based on the amount of time the student spent in attendance. The calculation of Title IV funds earned by the student has no relationship to the student’s incurred institutional charges. The amount of aid earned is determined on a pro-rata basis. Once the student has completed more than 60 percent of the payment period or period of enrollment, they earn all of their assistance. If the amount disbursed to the student is greater than the amount the student earned, unearned funds must be returned. The University and the student share in the return of the funds. The University’s share is the lesser amount of the institutional charges multiplied by the unearned percentage of the funds or the entire amount of the excess funds. Any loan funds that the student must return, the student (or the parent for a PLUS Loan) repay in accordance with the terms of the promissory note. If the amount disbursed to the student is less than the amount the student earned and for which the student is other wise eligible, he or she is eligible to receive a post-withdrawal disbursement of the earned aid that was not received. Post-withdrawal disbursements will be credited first toward unpaid institutional charges. Any portion of the post-withdrawal disbursement that exceeds unpaid institutional charges will be offered to the student who must accept this disbursement within 14 days of the offer. If a response is not received or if the offer is declined, these excess funds will be returned to the appropriate Title IV program.