by our College Data Analytics TeamMany students attending East Tennessee State University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What financial aid options does ETSU offer, and what will you qualify for? Keep scrolling for answers.
$8,577.00 is the typical East Tennessee State University’s first year financial aid package. A significant 100% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at East Tennessee State University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers pertain to assistance that is supplied by East Tennessee State University.
56% of incoming freshmen (991 total) were awarded scholarships at East Tennessee State University, averaging $5,075.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 91% of first-year students (1611 total) got a federal grant, for about $3,004.00 per person.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.59% | $12,840.00 |
| Income 30k-48k | 9.37% | $11,358.00 |
| Income 48k-75k | 9.82% | $7,210.00 |
| Income 75k-110k | 7.62% | $4,687.00 |
| Income 110k + | 7.73% | $4,471.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
100% of the 1772 undergraduates at East Tennessee State University receive some sort of grant aid. This is a total of about 1709 students getting an average of $8,577.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
