by our College Data Analytics TeamMany 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 total price of attendance at The University of Tennessee-Knoxville can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can UT Knoxville offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to find out 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. Read on to get a sense of the financial assistance available at The University of Tennessee-Knoxville.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at The University of Tennessee-Knoxville, 96% of entering full-time freshmen got some type of financial assistance some 6445 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $11,434 |
| Institutional grants & scholarships | 88% | $7,652 |
| Federal Pell grants | 16% | $5,603 |
| State/local grants | 56% | $5,436 |
| Federal student loans | 28% | $5,203 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 77% of undergraduates were awarded grant or scholarship aid averaging $11,451 (among about 22269 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $11,451 |
| Federal Pell grants | 19% | $5,634 |
| Federal student loans | 29% | $6,357 |
Title-IV recipients living on campus saw average grant aid of $14,702.
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 | $10,807 |
| $30,001 – $75,000 | $15,482 |
| Over $75,000 | $24,784 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,976 |
| Off-campus title-IV students | $18,109 |
For an estimate tailored to your family circumstances, see UT Knoxville’s net price tool: utk.clearcostcalculator.com/student/default/netpricecalculator/survey.
The median federal debt load at UT Knoxville comes to $16,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,000 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at UT Knoxville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,398 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $31,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,000 |
| Middle income | $16,875 |
| High income | $15,590 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,162 |
| Continuing-generation students | $15,914 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,750 |
| Independent students | $18,750 |
The figure below distills the debt data into a single burden category for UT Knoxville.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at UT Knoxville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 66949 |
| Total Stafford loan amount | $1,655,526,182 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 815 |
| Total GI Bill amount | $11,272,944 |
| Average GI Bill amount per recipient | $13,832 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 88 |
| Total DoD amount | $317,250 |
| Average DoD amount per recipient | $3,605 |
References
More about our data sources and methodologies.