Financial Aid At Texas Tech University
| Average Amount Received | % Received Financial Aid |
|---|---|
| $8,468 | 73% |
24,437 students (73% of total 33,269 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 $8,468.
For the first-time, full-time beginning students (freshmen), 84% of total 6,366 enrolled students have received any kind of financial aid and its average amount of aid received is $8,823.
All Undergraduate Financial Aid
At Texas Tech University, 24,437 undergraduate students (73% of total 33,269 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,468.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 24,437 | 73% | $206,932,731 | $8,468 |
| Pell Grants | 8,197 | 25% | $40,970,506 | $4,998 |
| Federal Student Loan | 12,968 | 39% | $86,254,979 | $6,651 |
Beginning Undergraduate Students (Freshmen) Financial Aid
5,356 beginning undergraduate students (84% of total 6,366 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 $8,823.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 5,356 | 84% | - | - |
| Grants or Scholarships | 4,944 | 78% | $43,622,241 | $8,823 |
| Federal Grants | 2,009 | 32% | $9,078,227 | $4,519 |
| Pell Grants | 1,417 | 22% | $7,163,950 | $5,056 |
| Other Federal Grants | 1,929 | 30% | $1,914,277 | $992 |
| State/Local Grants | 1,417 | 22% | $8,730,679 | $6,161 |
| Institutional Grants | 4,698 | 74% | $25,813,335 | $5,495 |
| Student Loan Aid | 2,695 | 42% | $22,562,182 | $8,372 |
| Federal Student Loans | 2,562 | 40% | $13,433,404 | $5,243 |
| Other Student Loans | 625 | 10% | $9,128,778 | $14,606 |
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 2020-2021 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 | 2,976 | 2,423 | $21,739,592 | $7,305 |
| 0-30,000 | 645 | 645 | $9,106,548 | $14,119 |
| 30,001-48,000 | 398 | 396 | $4,971,064 | $12,490 |
| 48,001-75,000 | 455 | 441 | $4,129,199 | $9,075 |
| 75,001-110,000 | 442 | 370 | $1,746,307 | $3,951 |
| 110,001 or more | 1,036 | 571 | $1,786,474 | $1,724 |
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