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How many students are received any financial aid at inst?

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For the academic year 2022-2023, total 5,714 full-time, first-time students (88% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 22,296 students (67% of all students) received grants or scholarships and the average grant amount is $8,856. In addition, 14,276 students received student loans and the average loan amount is $6,348.

Below tables show the number and amount by source of financial aid at Texas Tech University.
All Undergraduate Student Financial Aid at Texas Tech University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid22,29667%$8,856
Pell Grants8,36725%$5,010
Federal Student Loans14,27643%$6,348
Beginning Students (Freshmen) Financial Aid at Texas Tech University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid5,71488%-
Grants or Scholarship from All Sources4,97277%$9,359
Federal Grants1,64125%$5,349
Pell Grants1,64125%$5,265
Other Federal Grants1432%$971
State/Local Grants1,08617%$5,989
Institutional Grants4,82074%$6,484
Student Loans2,74142%$8,346
Federal Student Loans2,62040%$5,403
Other Student Loans5739%$15,218
see more grants, scholarship, student loans, and other financial aid stats

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

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