univstats
Number Received Financial Aid (All Undergraduate) 16,787
Percent Received Financial Aid(All Undergraduate) 55%
Average Aid Amount $7,182
Number Received Financial Aid (Freshmen) 4,484
Percent Received Financial Aid (Freshmen) 78%

Financial Aid Information at Texas Tech

For the academic year 2018-2019, a total of 16,787 students (55% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $7,182. For freshmen (Full-time, first-time degree-seeking undergraduate students), 4,484 students (78% of enrolled students) received financial aid.
The 2021 undergraduate tuition & fees at Texas Tech University is $11,600 for Texas residents and $23,870 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2018-2019, a total of 16,787 students (55% of all students) have received grants or scholarships and the average received aid amount is $7,182. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Texas Tech University for all undergraduate students.
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 aid16,78755%$7,182
Pell Grants8,63628%$4,624
Federal Student Loans13,79145%$8,649

Beginning Students Financial Aid

a total of 4,484 beginning students (78% of all freshmen) have received any financial aid and 4,176 students (72% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Texas Tech University.
Beginning Students (Freshmen) Financial Aid at Texas Tech University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid4,48478%-
Grants or Scholarship from All Sources3,32157%$7,454
Federal Grants1,44725%$4,717
Pell Grants1,43925%$4,661
Other Federal Grants711%$1,661
State/Local Grants86615%$6,073
Institutional Grants2,68246%$4,724
Student Loans2,54044%$8,237
Federal Student Loans2,42642%$5,511
Other Student Loans59010%$12,802

Students Headcount by Living Status

For academic year 2018-2019, total 3,012 full-time beginning students have enrolled and attended Texas Tech University. Among them, 2,547 students have lived on campus and 55 students lived off campus (without family). Next table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Texas Tech University
Living Status201620172018
Living On-Campus2,1001,9332,547
Living Off-Campus with Family131130154
Living Off-Campus without Family546055

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

Next table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2018-2019 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Texas Tech University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,8031,986$17,165,159$6,124
$0 - $30,000644639$7,426,697$11,532
$30,001 - $48,000441435$4,535,804$10,285
$48,001 - $75,000420354$2,675,775$6,371
$75,001 - $110,000462253$1,204,895$2,608
$110,001 or more836305$1,321,988$1,581