Scholarships, Grants, and Loan Trends at UT Austin

6%

Received Percent Changed

$3,158

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 20,790, which is 51.67 % of all undergraduate students. 12,834 students which is 31.89% of undergraduate students received federal student loans and the average loan amount is $6,169.

For full-time, first-time beginning students (freshmen), 51.56% of students received grants or scholarships and 34% 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 Texas at Austin since 2014.

For that period, the average number of students who received grants aid/scholarships is 20,790, which is 51.67 % of all undergraduate students. 12,834 students which is 31.89% of undergraduate students received federal student loans and the average loan amount is $6,169.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1517,707 (45%)$9,2259,785 (25%)$4,64214,285 (36%)$7,357
2015-1619,994 (50%)$10,7379,529 (24%)$4,35213,408 (34%)$6,610
2016-1719,982 (50%)$10,5909,464 (24%)$4,37213,716 (34%)$6,523
2017-1819,799 (49%)$10,6719,161 (23%)$4,54514,571 (36%)$6,242
2018-1919,969 (49%)$10,6649,212 (23%)$4,60414,139 (35%)$4,714
2019-2019,617 (49%)$10,6438,936 (22%)$4,71112,206 (30%)$6,080
2020-2120,660 (52%)$11,8929,535 (24%)$4,89111,045 (28%)$5,967
2021-2228,449 (70%)$10,3029,992 (24%)$4,92910,955 (27%)$6,022
2022-2320,935 (51%)$12,38310,371 (25%)$5,26211,178 (27%)$6,007
Average20,790 (51.67%)$10,7909,554 (23.78%)$4,70112,834 (31.89%)$6,169
*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, 4,270 (51.56 % of students) received grants or scholarships and its average amount is $10,749. It can cover 23.94% of tuition & fees ($44,908) based on out-of-state rate.

In addition, 2,796 (34.00 % of students) students get helped from the students loans (average amount : $5,664).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153,768 (54%)$8,8372,564 (36%)$6,354
2015-163,416 (45%)$11,0942,557 (34%)$5,912
2016-173,671 (43%)$10,6443,134 (37%)$5,887
2017-183,701 (45%)$11,2173,537 (43%)$5,233
2018-194,053 (46%)$10,7243,399 (39%)$4,131
2019-203,781 (47%)$11,1212,432 (30%)$5,777
2020-214,218 (51%)$12,7252,323 (28%)$5,764
2021-227,624 (86%)$8,3212,557 (29%)$5,851
2022-234,198 (47%)$12,0602,662 (30%)$6,066
Average4,270 (51.56%)$10,7492,796 (34.00%)$5,664
*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, 2,028 (24.33 % of students) received Pell (federal) grants and its average amount is $4,902.

In addition, 2,259 students received State/local government grants/scholarships (27.33 % 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
2014-151,538 (22%)$4,530--2,482 (35%)$2,8343,009 (43%)$6,413
2015-161,801 (24%)$4,565--2,186 (29%)$7,1782,570 (34%)$5,441
2016-171,956 (23%)$4,5821 (0%)$5002,341 (27%)$7,0812,768 (32%)$4,890
2017-181,851 (22%)$4,8061 (0%)$4,0002,238 (27%)$7,2472,838 (34%)$5,777
2018-192,007 (23%)$4,7693 (0%)$1,4342,385 (27%)$6,8423,406 (39%)$5,158
2019-201,840 (23%)$4,9481,898 (24%)$1,6621,552 (19%)$7,9953,183 (40%)$5,461
2020-212,432 (29%)$5,1792,669 (32%)$1,1552,496 (30%)$7,2173,668 (44%)$5,448
2021-222,360 (26%)$5,1957,543 (85%)$1,7331,824 (20%)$8,1443,727 (42%)$6,238
2022-232,466 (27%)$5,547210 (2%)$9022,831 (32%)$7,4103,547 (40%)$4,449
Average2,028 (24.33%)$4,9021,761 (35.75%)$1,6272,259 (27.33%)$6,8833,191 (38.67%)$5,475
*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, 2,796 (34.00 % of students) get any students loan help and its average loan amount is $2,796.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-152,564 (36%)$6,3542,527 (36%)$5,810185 (3%)$8,694
2015-162,557 (34%)$5,9122,523 (33%)$5,183150 (2%)$13,607
2016-173,134 (37%)$5,8873,100 (36%)$5,343138 (2%)$13,677
2017-183,537 (43%)$5,2333,514 (43%)$4,713140 (2%)$13,892
2018-193,399 (39%)$4,1313,383 (38%)$3,90876 (1%)$10,809
2019-202,432 (30%)$5,7772,405 (30%)$5,051138 (2%)$13,784
2020-212,323 (28%)$5,7642,290 (28%)$4,961124 (1%)$16,366
2021-222,557 (29%)$5,8512,533 (28%)$5,052109 (1%)$19,848
2022-232,662 (30%)$6,0662,622 (29%)$5,138142 (2%)$18,848
Average2,796 (34.00%)$5,6642,766 (33.44%)$5,018134 (1.78%)$14,392

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