Financial Aid at Austin Peay State

[Last update: December 11, 2025]

7,660 students (89% of total 8,587 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Austin Peay State University (Austin Peay State). The average amount of the aid awarded is $9,742.

For the first-time, full-time beginning students (freshmen), 99% of total 1,444 enrolled students have received any kind of financial aid and its average amount of aid received is $11,290.

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All Undergraduate Financial Aid

At Austin Peay State University, 7,660 undergraduate students (89% of total 8,587 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,742.

Financial Aid Statistics (All Undergraduate Students) - Austin Peay State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship7,66089% $74,624,605$9,742
Pell Grants3,73543% $20,788,506$5,566
Federal Student Loan2,92434% $19,066,174$6,521

Beginning Undergraduate Students (Freshmen) Financial Aid

1,430 beginning undergraduate students (99% of total 1,444 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Austin Peay State University. The average amount of aid received is $11,290.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Austin Peay State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,43099% --
Grants or Scholarships1,38796%$15,659,541$11,290
Federal Grants82457%$4,901,444$5,948
Pell Grants82457%$4,836,455$5,869
Other Federal Grants705%$64,989$928
State/Local Grants1,18382%$7,211,799$6,096
Institutional Grants1,15880%$3,546,298$3,062
Student Loan Aid61443%$3,502,779$5,705
Federal Student Loans60542%$3,124,379$5,164
Other Student Loans322%$378,400$11,825

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Austin Peay State University.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level841824$10,045,120$11,944
0-30,000317316$4,511,089$14,231
30,001-48,000169169$2,333,370$13,807
48,001-75,000184181$1,918,227$10,425
75,001-110,0008578$624,499$7,347
110,001 or more8680$657,935$7,650

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