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Financial Aid

Texas Tech University

Average Grant & Scholarships

In 2022, 78 of freshman students at Texas Tech University received on average $8,823 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$8,823

	Students Receiving Aid		Average Amount	Total Amount
Pell Grant	1,417	22%	$5,056	$7,163,950
Other Federal Grant	2,009	32%	$4,519	$9,078,227
State Grant/Scholarships	1,417	22%	$6,161	$8,730,679
Institutional Grant/Scholarships	4,698	74%	$5,495	$25,813,335
Total Grant & Scholarships	4,944	78%	$8,823	$43,622,241

Average Student Loans

In 2022, 40% of freshman students at Texas Tech University received $5,243 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,243

	Students Receiving Loan		Average Amount	Total Amount
Federal Student Loans	2,562	40%	$5,243	$13,433,404
Private Loans	625	10%	$14,606	$9,128,778
Total Loans	2,695	42%	$8,372	$22,562,182

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Financial Aid by Income Level - Texas Tech University - Family Income: $30,001 to $48,000 - Trends Chart

Financial Aid by Income Level - Texas Tech University - Family Income: $48,001 to $75,000 - Trends Chart

Financial Aid by Income Level - Texas Tech University - Family Income: $75,001 to $110,000 - Trends Chart

Financial Aid by Income Level - Texas Tech University - Family Income: over $110,000 - Trends Chart

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

$2,335

Average aid amount

2022

Texas Tech University - Yellow Ribbon Financial Aid - Trends Chart

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$8,849

Average aid amount

2022

Texas Tech University - Post 9/11 GI Bill Financial Aid - Trends Chart

Compare Similar Colleges

The list of suggested college comparisons provided below is generated automatically by our system, utilizing statistics gathered from the National Center for Education Statistics (NCES) and various online sources. If you don't find the colleges you wish to compare, please visit our comparison page. There, you can search for the specific colleges and initiate your comparison.