by our College Data Analytics TeamThe majority of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at The University of Texas at Austin can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can UT Austin deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from The University of Texas at Austin.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At The University of Texas at Austin, 65% of new full-time first-years were awarded at least some aid around 6045 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $13,681 |
| Institutional grants & scholarships | 37% | $5,615 |
| Federal Pell grants | 26% | $6,003 |
| State/local grants | 30% | $7,271 |
| Federal student loans | 27% | $5,017 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At UT Austin, roughly 50% of undergraduate students received gift aid averaging $12,548 (across roughly 21093 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $12,548 |
| Federal Pell grants | 26% | $5,712 |
| Federal student loans | 27% | $6,047 |
Title-IV recipients living on campus saw average grant aid of $11,390.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,952 |
| $30,001 – $75,000 | $17,024 |
| Over $75,000 | $27,903 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $19,857 |
| Off-campus title-IV students | $19,678 |
To project your own net price, use UT Austin’s net price calculator: www.onestop.utexas.edu/managing-costs/cost-tuition-rates/cost-of-attendance/net-price-calculator/.
The middle student in the debt distribution at UT Austin owes $18,909 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,909 |
| 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.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at UT Austin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $10,000 |
| 75th percentile | $28,250 |
| 90th percentile (highest-debt students) | $38,141 |
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 | $18,750 |
| Middle income | $18,446 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,258 |
| Continuing-generation students | $18,477 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,750 |
| Independent students | $21,814 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. UT Austin.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at UT Austin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 94239 |
| Total Stafford loan amount | $2,266,260,371 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 588 |
| Total GI Bill amount | $8,368,813 |
| Average GI Bill amount per recipient | $14,233 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 36 |
| Total DoD amount | $136,845 |
| Average DoD amount per recipient | $3,801 |
References
More about our data sources and methodologies.