All Undergraduate Financial Aid

At Texas Tech University, 22,296 undergraduate students (67% of total 33,132 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,856.
Financial Aid Statistics (All Undergraduate Students) - Texas Tech
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship22,29667% $197,445,561$8,856
Pell Grants8,36725% $41,918,149$5,010
Federal Student Loan14,27643% $90,619,177$6,348

Beginning Undergraduate Students (Freshmen) Financial Aid

5,714 beginning undergraduate students (88% of total 6,490 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 $9,359.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Texas Tech
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid5,71488% --
Grants or Scholarships4,97277%$46,534,753$9,359
Federal Grants1,64125%$8,778,012$5,349
Pell Grants1,64125%$8,639,113$5,265
Other Federal Grants1432%$138,899$971
State/Local Grants1,08617%$6,503,523$5,989
Institutional Grants4,82074%$31,253,218$6,484
Student Loan Aid2,74142%$22,876,014$8,346
Federal Student Loans2,62040%$14,156,245$5,403
Other Student Loans5739%$8,719,769$15,218

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 2021-2022 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.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level3,7263,116$26,830,184$7,201
0-30,000786785$10,627,651$13,521
30,001-48,000470466$5,728,050$12,187
48,001-75,000566532$5,088,282$8,990
75,001-110,000501382$1,807,645$3,608
110,001 or more1,403951$3,578,556$2,551
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