by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at West Texas A & M University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does West Texas A&M University offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from West Texas A & M University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at West Texas A & M University, 94% of the incoming full-time class was awarded financial aid roughly 1170 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $7,573 |
| Institutional grants & scholarships | 58% | $2,936 |
| Federal Pell grants | 44% | $5,463 |
| State/local grants | 51% | $5,538 |
| Federal student loans | 39% | $5,940 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at West Texas A&M University, about 73% of undergraduate students received gift aid averaging $8,436 (for some 4987 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $8,436 |
| Federal Pell grants | 41% | $5,819 |
| Federal student loans | 36% | $7,910 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,995.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,427 |
| $30,001 – $75,000 | $19,729 |
| Over $75,000 | $23,273 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,487 |
| Off-campus title-IV students | $20,841 |
To get a personalized net price estimate, try West Texas A&M University’s net price calculator: apps.wtamu.edu/calculator/.
The median federal debt load at West Texas A&M University comes to $12,620 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,620 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at West Texas A&M University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,805 |
| 25th percentile | $5,500 |
| 75th percentile | $23,250 |
| 90th percentile (highest-debt students) | $31,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,530 |
| Middle income | $12,500 |
| High income | $13,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $13,225 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,250 |
| Independent students | $17,513 |
A handful of calculated indicators summarize the debt outlook at West Texas A&M University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at West Texas A&M University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 27881 |
| Total Stafford loan amount | $612,702,761 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 167 |
| Total GI Bill amount | $1,067,422 |
| Average GI Bill amount per recipient | $6,392 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 44 |
| Total DoD amount | $121,396 |
| Average DoD amount per recipient | $2,759 |
References
More about our data sources and methodologies.