by our College Data Analytics TeamA lot of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at The University of Tennessee Southern can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Martin Methodist offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at The University of Tennessee Southern.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at The University of Tennessee Southern, 99% of first-year full-time students received aid of some kind some 183 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $10,358 |
| Institutional grants & scholarships | 82% | $4,052 |
| Federal Pell grants | 46% | $6,094 |
| State/local grants | 74% | $5,507 |
| Federal student loans | 24% | $4,557 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Martin Methodist, about 98% of undergraduates were awarded an average grant or scholarship of $8,268 (among about 929 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $8,268 |
| Federal Pell grants | 36% | $5,711 |
| Federal student loans | 27% | $5,367 |
Title-IV recipients living on campus saw average grant aid of $11,952.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,384 |
| $30,001 – $75,000 | $14,527 |
| Over $75,000 | $18,552 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,798 |
| Off-campus title-IV students | $15,133 |
To get a personalized net price estimate, try Martin Methodist’s NPC: utsouthern.edu/net-price-calculator/.
The middle student in the debt distribution at Martin Methodist owes $11,175 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,175 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Martin Methodist.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $24,775 |
| 90th percentile (highest-debt students) | $34,245 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $12,125 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,597 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Martin Methodist.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Martin Methodist:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4317 |
| Total Stafford loan amount | $71,290,515 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $111,429 |
| Average GI Bill amount per recipient | $9,286 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.