by our College Data Analytics TeamA large number of students are not billed 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 price tag of going to The University of Tennessee-Martin can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will UT Martin provide, and just what are you going to be eligible for? Read on for answers. Keep going to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from The University of Tennessee-Martin.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at The University of Tennessee-Martin, 99% of first-year full-time students received aid of some kind some 1102 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $10,861 |
| Institutional grants & scholarships | 84% | $3,135 |
| Federal Pell grants | 51% | $5,979 |
| State/local grants | 85% | $5,730 |
| Federal student loans | 41% | $5,074 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 92% of undergraduate students received gift aid averaging $8,376 (across approximately 5709 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $8,376 |
| Federal Pell grants | 34% | $5,785 |
| Federal student loans | 31% | $6,262 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $12,378.
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 | $7,618 |
| $30,001 – $75,000 | $10,188 |
| Over $75,000 | $14,898 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $10,701 |
| Off-campus title-IV students | $10,299 |
For an estimate tailored to your family circumstances, see UT Martin’s NPC: www.utm.edu/admissions-and-aid/financial-aid-and-scholarships/net-price-calculators.php.
The median student at UT Martin graduates with $12,981 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,981 |
| Median federal debt (graduates only) | $21,024 |
| Typical 10-year monthly payment (graduates) | $222.89/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at UT Martin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,250 |
| 75th percentile | $27,600 |
| 90th percentile (highest-debt students) | $38,890 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,687 |
| Middle income | $13,510 |
| High income | $12,766 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,000 |
| Continuing-generation students | $12,569 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $16,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UT Martin.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at UT Martin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23139 |
| Total Stafford loan amount | $478,102,036 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 89 |
| Total GI Bill amount | $820,245 |
| Average GI Bill amount per recipient | $9,216 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 29 |
| Total DoD amount | $108,220 |
| Average DoD amount per recipient | $3,732 |
References
More about our data sources and methodologies.