17.9%

Institutional financial aid for undergraduates as percent of undergraduate tuition revenue
(Indicator Number: S12)

Category: Student: Access, Affordability, and Attainment

What It Measures: Whether increases in institutional financial aid to undergraduates are keeping up with increases in undergraduate tuition & fees

Data Reporting Lag: The reporting for this indicator has a 1 year difference. The latest data available is from 2020 for the indicator reporting year of 2021

Value Comparison: When comparing this value for Adequacy and Improvement, a higher value is better.

Data Source For Indicator Value: USM: Financial Aid Information System (MHEC) and USM Budget Office

IMPROVEMENT

17.9%
is currently at or above the average of the 3 previous years (16%)


There is no "Adequacy" metric for this indicator