For the academic year 2022-2023, total 7,893 full-time, first-time students (89% 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 28,449 students (70% of all students) received grants or scholarships and the average grant amount is $10,302. In addition, 10,955 students received student loans and the average loan amount is $6,022.
Below tables show the number and amount by source of financial aid at The University of Texas at Austin.
For all undergraduate students, total 28,449 students (70% of all students) received grants or scholarships and the average grant amount is $10,302. In addition, 10,955 students received student loans and the average loan amount is $6,022.
Below tables show the number and amount by source of financial aid at The University of Texas at Austin.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 28,449 | 70% | $10,302 |
| Pell Grants | 9,992 | 24% | $4,929 |
| Federal Student Loans | 10,955 | 27% | $6,022 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 7,893 | 89% | - |
| Grants or Scholarship from All Sources | 7,624 | 86% | $8,321 |
| Federal Grants | 7,544 | 85% | $3,358 |
| Pell Grants | 2,360 | 26% | $5,195 |
| Other Federal Grants | 7,543 | 85% | $1,733 |
| State/Local Grants | 1,824 | 20% | $8,144 |
| Institutional Grants | 3,727 | 42% | $6,238 |
| Student Loans | 2,557 | 29% | $5,851 |
| Federal Student Loans | 2,533 | 28% | $5,052 |
| Other Student Loans | 109 | 1% | $19,848 |
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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