Financial Aid At Texas Tech University
22,391 students (70% of total 32,125 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Texas Tech University. The average amount of the aid awarded is $6,988.
For the first-time, full-time beginning students (freshmen), 86% of total 6,048 enrolled students have received any kind of financial aid and its average amount of aid received is $7,715.
All Undergraduate Financial Aid
At Texas Tech University, 22,391 undergraduate students (70% of total 32,125 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,988.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 22,391 | 70% | $156,473,441 | $6,988 |
| Pell Grants | 8,176 | 25% | $43,517,356 | $5,323 |
| Federal Student Loan | 12,846 | 40% | $81,539,879 | $6,347 |
Beginning Undergraduate Students (Freshmen) Financial Aid
5,216 beginning undergraduate students (86% of total 6,048 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 $7,715.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 5,216 | 86% | - | - |
| Grants or Scholarships | 4,810 | 80% | $37,108,725 | $7,715 |
| Federal Grants | 2,948 | 49% | $9,439,676 | $3,202 |
| Pell Grants | 1,352 | 22% | $7,309,696 | $5,407 |
| Other Federal Grants | 2,394 | 40% | $2,129,980 | $890 |
| State/Local Grants | 1,010 | 17% | $6,109,423 | $6,049 |
| Institutional Grants | 4,054 | 67% | $21,559,626 | $5,318 |
| Student Loan Aid | 2,581 | 43% | $20,515,138 | $7,949 |
| Federal Student Loans | 2,474 | 41% | $12,379,491 | $5,004 |
| Other Student Loans | 612 | 10% | $8,135,647 | $13,294 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2019-2020 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 | 2,952 | 2,243 | $20,654,655 | $6,997 |
| 0-30,000 | 617 | 616 | $8,736,647 | $14,160 |
| 30,001-48,000 | 384 | 377 | $4,896,446 | $12,751 |
| 48,001-75,000 | 452 | 417 | $3,590,013 | $7,943 |
| 75,001-110,000 | 479 | 329 | $1,364,412 | $2,848 |
| 110,001 or more | 1,020 | 504 | $2,067,137 | $2,027 |
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