The University of Texas at Tyler Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$25.897M
Financial Aid Official Website
www.uttyler.edu/financialaid/
It is interesting to note that, every year, around 85% of students at TUTT receive some kind of financial aid, while the total amount of assistance/loans provided is $17,220,917. Notably, a total of 31% of the applicants to The University of Texas at Tyler receive the Federal Grant every year. Meanwhile, 70% of the applicants receive the Student Grant and 58% are awarded the Institution Grant, while 31% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,947, while the same comes to $6,050 for State Grant receivers and $10,684 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,563. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At The University of Texas at Tyler, the percentage of candidates who opt to avail of student loans is around 29%.
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