Financial Aid At Texas Tech University
16,787 students (55% of total 30,737 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 $7,182.
For the first-time, full-time beginning students (freshmen), 78% of total 5,784 enrolled students have received any kind of financial aid and its average amount of aid received is $7,454.
All Undergraduate Financial Aid
At Texas Tech University, 16,787 undergraduate students (55% of total 30,737 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $7,182.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 16,787 | 55% | $120,572,282 | $7,182 |
| Pell Grants | 8,636 | 28% | $39,929,932 | $4,624 |
| Federal Student Loan | 13,791 | 45% | $119,279,870 | $8,649 |
Beginning Undergraduate Students (Freshmen) Financial Aid
4,484 beginning undergraduate students (78% of total 5,784 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 $7,454.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 4,484 | 78% | - | - |
| Grants or Scholarships | 3,321 | 57% | $24,755,451 | $7,454 |
| Federal Grants | 1,447 | 25% | $6,825,574 | $4,717 |
| Pell Grants | 1,439 | 25% | $6,707,647 | $4,661 |
| Other Federal Grants | 71 | 1% | $117,927 | $1,661 |
| State/Local Grants | 866 | 15% | $5,259,266 | $6,073 |
| Institutional Grants | 2,682 | 46% | $12,670,611 | $4,724 |
| Student Loan Aid | 2,540 | 44% | $20,921,640 | $8,237 |
| Federal Student Loans | 2,426 | 42% | $13,368,679 | $5,511 |
| Other Student Loans | 590 | 10% | $7,552,961 | $12,802 |
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 2018-2019 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 | 2,803 | 1,986 | $17,165,159 | $6,124 |
| 0-30,000 | 644 | 639 | $7,426,697 | $11,532 |
| 30,001-48,000 | 441 | 435 | $4,535,804 | $10,285 |
| 48,001-75,000 | 420 | 354 | $2,675,775 | $6,371 |
| 75,001-110,000 | 462 | 253 | $1,204,895 | $2,608 |
| 110,001 or more | 836 | 305 | $1,321,988 | $1,581 |
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