Texas Christian University (TCU) Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$153.533M
Financial Aid Official Website
financialaid.tcu.edu/
As many as 83% of the students at TCU get some sort of financial aid, and the total amount of assistance/loans provided is more than $18,254,244 in a year. Notably, a total of 12% of the applicants to Texas Christian University receive the Federal Grant every year. On the other hand, 76% of the candidates get the Student Grant, 75% receive the Institution Grant, and 12% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,257, the State Grant receivers and Institution Grant beneficiaries get $3,799 and $26,595, respectively. And, for the Pell Grant awardees, the average aid amount is $4,723. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 30% of the applicants to Texas Christian University opt for student loans.
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