by our College Data Analytics TeamMost students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Texas A&M University-Central Texas can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Texas A & M University - Central Texas offer, and what will you qualify for? Read on for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Texas A&M University-Central Texas.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Texas A&M University-Central Texas, 100% of first-time, full-time freshmen received some form of financial aid (about 5 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $11,810 |
| Institutional grants & scholarships | 80% | $3,211 |
| Federal Pell grants | 80% | $6,989 |
| State/local grants | 60% | $6,083 |
| Federal student loans | 20% | $1,265 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 71% of undergrads got grants or scholarships worth on average $7,671 (covering around 1191 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $7,671 |
| Federal Pell grants | 50% | $5,234 |
| Federal student loans | 46% | $7,782 |
On-campus students receiving title-IV aid were awarded grants averaging $12,887.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $1,655 |
| $30,001 – $75,000 | $1,838 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $1,300 |
| Off-campus title-IV students | $1,113 |
For a personalized estimate based on your family’s financial situation, use Texas A & M University - Central Texas’s net price calculator: www.collegeforalltexans.com/apps/CollegeMoney/.
The middle student in the debt distribution at Texas A & M University - Central Texas owes $13,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $17,750 |
| Typical 10-year monthly payment (graduates) | $188.18/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Texas A & M University - Central Texas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,130 |
| 25th percentile | $5,500 |
| 75th percentile | $18,750 |
| 90th percentile (highest-debt students) | $25,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $13,500 |
| High income | $12,816 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,302 |
| Continuing-generation students | $12,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,750 |
| Independent students | $14,292 |
A handful of calculated indicators summarize the debt outlook at Texas A & M University - Central Texas.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Texas A & M University - Central Texas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4583 |
| Total Stafford loan amount | $84,289,695 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 360 |
| Total GI Bill amount | $1,978,273 |
| Average GI Bill amount per recipient | $5,495 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 80 |
| Total DoD amount | $194,936 |
| Average DoD amount per recipient | $2,437 |
References
More about our data sources and methodologies.