Scholarships, Grants, and Loan Trends at UTC

8%

Received Percent Changed

$2,670

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 7,693, which is 75.78 % of all undergraduate students. 4,879 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $6,182.

For full-time, first-time beginning students (freshmen), 93.67% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at The University of Tennessee-Chattanooga since 2014.

For that period, the average number of students who received grants aid/scholarships is 7,693, which is 75.78 % of all undergraduate students. 4,879 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $6,182.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-157,516 (73%)$7,2383,645 (35%)$4,2097,358 (71%)$6,289
2015-167,277 (72%)$7,1283,500 (35%)$4,0965,095 (51%)$6,366
2016-177,301 (72%)$7,1873,325 (33%)$4,2155,060 (50%)$6,394
2017-187,466 (73%)$7,7593,448 (34%)$4,5424,850 (48%)$6,200
2018-197,578 (74%)$7,6753,525 (34%)$4,5264,799 (47%)$6,061
2019-207,678 (75%)$8,7533,422 (33%)$4,6874,733 (46%)$6,068
2020-218,363 (81%)$8,9633,479 (34%)$4,8614,265 (41%)$6,059
2021-228,072 (81%)$9,1593,326 (33%)$4,9433,957 (40%)$6,125
2022-237,989 (81%)$9,9083,209 (32%)$5,1723,795 (38%)$6,079
Average7,693 (75.78%)$8,1973,431 (33.67%)$4,5834,879 (48.00%)$6,182
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 2,002 (93.67 % of students) received grants or scholarships and its average amount is $8,641. It can cover 46.68% of tuition & fees ($18,512) based on out-of-state rate.

In addition, 1,364 (64.56 % of students) students get helped from the students loans (average amount : $5,084).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,981 (92%)$7,6571,564 (73%)$5,548
2015-161,698 (92%)$6,9961,674 (90%)$3,039
2016-171,909 (92%)$7,2991,946 (94%)$3,072
2017-181,958 (92%)$8,3172,031 (95%)$2,875
2018-192,150 (96%)$9,1511,121 (50%)$5,995
2019-202,205 (96%)$9,6391,107 (48%)$6,011
2020-212,119 (96%)$9,566990 (45%)$5,833
2021-221,930 (94%)$9,309912 (44%)$6,850
2022-232,064 (93%)$9,834928 (42%)$6,529
Average2,002 (93.67%)$8,6411,364 (64.56%)$5,084
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 739 (34.56 % of students) received Pell (federal) grants and its average amount is $4,789.

In addition, 1,856 students received State/local government grants/scholarships (86.89 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15746 (35%)$4,39025 (1%)$1,7011,906 (89%)$4,660866 (40%)$3,428
2015-16577 (31%)$4,38810 (1%)$1,8001,621 (87%)$4,246729 (39%)$3,354
2016-17644 (31%)$4,48446 (2%)$1,1251,817 (88%)$4,211894 (43%)$3,740
2017-18752 (35%)$4,74875 (4%)$9151,851 (87%)$4,6471,032 (48%)$3,919
2018-19842 (38%)$4,72869 (3%)$8201,969 (88%)$4,6491,270 (57%)$5,106
2019-20752 (33%)$4,804660 (29%)$1,1642,042 (89%)$4,6761,567 (68%)$4,675
2020-21844 (38%)$5,056100 (5%)$7481,947 (88%)$4,7821,593 (72%)$4,154
2021-22742 (36%)$5,181103 (5%)$8061,709 (83%)$4,5501,364 (66%)$4,591
2022-23754 (34%)$5,326142 (6%)$9111,845 (83%)$5,6041,358 (61%)$4,279
Average739 (34.56%)$4,789137 (6.22%)$1,1101,856 (86.89%)$4,6691,186 (54.89%)$4,138
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,364 (64.56 % of students) get any students loan help and its average loan amount is $1,364.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,564 (73%)$5,5481,563 (73%)$5,26955 (3%)$8,030
2015-161,674 (90%)$3,0391,667 (90%)$2,80542 (2%)$9,765
2016-171,946 (94%)$3,0721,945 (94%)$2,70382 (4%)$8,793
2017-182,031 (95%)$2,8752,028 (95%)$2,51380 (4%)$9,294
2018-191,121 (50%)$5,9951,108 (49%)$5,067105 (5%)$10,530
2019-201,107 (48%)$6,0111,086 (47%)$5,086118 (5%)$9,584
2020-21990 (45%)$5,833974 (44%)$4,90798 (4%)$10,148
2021-22912 (44%)$6,850879 (43%)$5,050144 (7%)$12,559
2022-23928 (42%)$6,529912 (41%)$5,047120 (5%)$12,138
Average1,364 (64.56%)$5,0841,351 (64.00%)$4,27294 (4.33%)$10,093

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