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National Application Center :: campus tours :: Texas Tech University costs & financial aid

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Texas Tech University

Texas Tech University
Box 45005
Lubbock, TX 79409

Official telephone: (806) 742-2011
Website: www.ttu.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Becky Wilson,
Managing Director, Student Financial Aid and Scholarships
Contacting the office: 806 742-3681
806 742-0880 (fax)
finaid.advisor@ttu.edu
FAFSA number: 003644

EXPENSES
Undergraduate tuition: $7,050; $18,750 out-of-state
Tuition notes: in-state tuition based on $235 per credit hour for 30 hrs/yr, out-of-state tuition based on $625 per credit hour for 30 hrs/yr, Reduced tuition for NM and OK residents.
Additional required fees: $2,731
Book fees: $1,200
Miscellaneous expenses: $4,420
Other expenses: Transportation, personal, and miscellaneous.
Combined room and board expenses: $8,505

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 15noN/A

Applied for financial aid:
65% of first-year students
61% of full-time undergraduates
42% of part-time undergraduates
Determined to have financial need:
73% of first-year students
82% of full-time undergraduates
88% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
83% of first-year students
84% of full-time undergraduates
77% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
75% of first-year students
82% of full-time undergraduates
87% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
51% of first-year students
32% of full-time undergraduates
11% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
16% of first-year students
8% of full-time undergraduates
2% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
73% for first-year students
69% for full-time undergraduates
61% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$14,376 for first-year students
$14,466 for full-time undergraduates
$10,216 for part-time undergraduates
Average need-based gift award:
$8,247 for first-year students
$7,430 for full-time undergraduates
$3,956 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,071 for first-year students
$2,498 for full-time undergraduates
$2,439 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$5,002 for first-year students
$5,095 for full-time undergraduates
$3,964 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
13% of first-year students
10% of full-time undergraduates
2% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$3,665 for first-year students
$3,516 for full-time undergraduates
$2,064 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$14,359 for first-year students
$13,931 for full-time undergraduates
$5,985 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 1%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • College/University Loans
  • private/alternative loans
Parent loans packaged to meet need: no
First-year loan package range: $495 - $11,400
Undergraduate loan package range: $179 - $16,368
Percent of undergraduates who have borrowed through all loan programs: 55%
Average student debt upon graduation: $29,193
Types of payment plans:
  • deferred payment plan
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • athletic scholarships
  • ROTC scholarships
  • job skills and leadership scholarships/grants.
First-year scholarship/grant award range: $150 - $23,000
Undergraduate scholarship/grant award range: $150 - $25,414
Percent of scholarship aid awarded to out-of-state students: 8%

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