22,737 students (70% of total 32,635 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Texas Tech University (Texas Tech). The average amount of the aid awarded is $10,263.
For the first-time, full-time beginning students (freshmen), 90% of total 7,120 enrolled students have received any kind of financial aid and its average amount of aid received is $10,494.
At Texas Tech University, 22,737 undergraduate students (70% of total 32,635 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,263.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 22,737 | 70% | $233,360,182 | $10,263 |
| Pell Grants | 9,057 | 28% | $53,010,476 | $5,853 |
| Federal Student Loan | 13,410 | 41% | $85,162,035 | $6,351 |
6,394 beginning undergraduate students (90% of total 7,120 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Texas Tech University. The average amount of aid received is $10,494.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 6,394 | 90% | - | - |
| Grants or Scholarships | 5,637 | 79% | $59,157,415 | $10,494 |
| Federal Grants | 2,228 | 31% | $13,385,528 | $6,008 |
| Pell Grants | 2,227 | 31% | $13,029,758 | $5,851 |
| Other Federal Grants | 197 | 3% | $355,770 | $1,806 |
| State/Local Grants | 1,524 | 21% | $7,340,703 | $4,817 |
| Institutional Grants | 5,376 | 76% | $38,431,184 | $7,149 |
| Student Loan Aid | 2,989 | 42% | $25,599,795 | $8,565 |
| Federal Student Loans | 2,834 | 40% | $14,902,609 | $5,259 |
| Other Student Loans | 705 | 10% | $10,697,186 | $15,173 |
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 Texas Tech 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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 3,812 | 2,994 | $28,214,270 | $7,401 |
| 0-30,000 | 819 | 815 | $11,097,155 | $13,550 |
| 30,001-48,000 | 512 | 503 | $6,297,152 | $12,299 |
| 48,001-75,000 | 551 | 522 | $5,011,706 | $9,096 |
| 75,001-110,000 | 511 | 374 | $2,163,213 | $4,233 |
| 110,001 or more | 1,419 | 780 | $3,645,044 | $2,569 |
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