by our College Data Analytics TeamThe total cost of attendance at The University of Tennessee - Chattanooga can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from UT Chattanooga.
The University of Tennessee - Chattanooga average financial aid offer for freshmen students is $8,552.00. 97% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from The University of Tennessee - Chattanooga you could end up dealing with.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by The University of Tennessee - Chattanooga.
68% of incoming freshmen (1567 total) were awarded scholarships at The University of Tennessee - Chattanooga, averaging $4,675.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 33% of freshmen (753 total) obtained a federal grant, for about $5,817.00 a piece.
Amount of Financial Assistance Per Income Level
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.89% | $14,811.00 |
| Income 30k-48k | 9.62% | $12,377.00 |
| Income 48k-75k | 10.93% | $8,153.00 |
| Income 75k-110k | 7.71% | $6,248.00 |
| Income 110k + | 15.11% | $5,696.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 2297 undergraduate students at The University of Tennessee - Chattanooga around 97% (2205 total) receive some form of grant aid. The typical amount awarded was $8,552.00.
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.