How Much Financial Assistance is Offered?
$16,531 is the average The University of Texas at Austin's first year financial aid deal. About 43.0% of freshman students get financial aid, the majority of which is in the form of scholarships and grants.
Financial aid helps decrease the expense, or the "sticker" price of the college. However, be aware that the only real discounts off the cost of college are in the form of grants and scholarships.
Worried about the student loans that might be part of a financing deal? View the average amount of debt per student at UT Austin.
Number of UT Austin Grants & Scholarships
The stats plus the chart below pertain to mainly federal grants, and some local and state grants. 23.0% of freshmen at The University of Texas at Austin (1,956 total) received a federal grant, averaging $4,583. As well as grants, 32.0% of freshmen (2,768 total) received scholarships by the university, averaging $4,890 each.
The chart below shows the typical amount of grant and scholarship aid given to all first year students.
Scholarships are awarded based on merit, while grants are given due to need.
Amount of Financial Assistance By Income Level
The chart below demonstrates scholarship and grant allocations by income for first year students getting any type of federally-funded Title IV aid, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||10.5%||$1,152|
Title IV aid includes grants, loans, or work-study granted from the government usually determined by financial need. Learn more here.
The Typical Undergrad Receiving a Scholarship or Grant Will Get $10,590
Of the 40,168 undergraduates at The University of Texas at Austin about 50.0% (19,982 in total) receive some sort of grant aid. The standard amount granted was $10,590.
The University of Texas at Austin Financial Aid Information
|Financial Aid Department Website||finaid.utexas.edu|
|Net Price Calculator||www.collegeportraits.org/TX/UTAustin/|