Scholarships, Grants, and Loan Trends at TTU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,577, which is 81.44 % of all undergraduate students. 3,987 students which is 42.67% of undergraduate students received federal student loans and the average loan amount is $5,456.
For full-time, first-time beginning students (freshmen), 95.22% of students received grants or scholarships and 46% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Tennessee Technological University since 2013.
For that period, the average number of students who received grants aid/scholarships is 7,577, which is 81.44 % of all undergraduate students. 3,987 students which is 42.67% of undergraduate students received federal student loans and the average loan amount is $5,456.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148,038 (80%)$8,5533,640 (36%)$4,0714,529 (45%)$5,393
2014-158,309 (81%)$9,1113,531 (34%)$4,1174,484 (43%)$5,584
2015-167,828 (80%)$9,0303,353 (34%)$4,0954,196 (43%)$5,525
2016-177,376 (78%)$8,1853,261 (35%)$4,1444,054 (43%)$5,495
2017-187,446 (80%)$8,1233,399 (36%)$4,4304,093 (44%)$5,465
2018-196,984 (78%)$8,1313,200 (36%)$4,4083,920 (44%)$5,313
2019-207,777 (87%)$7,6133,041 (34%)$4,5203,856 (43%)$5,376
2020-217,808 (89%)$7,1522,869 (33%)$4,5273,544 (40%)$5,269
2021-226,629 (80%)$9,2432,647 (32%)$4,6533,204 (39%)$5,684
Average7,577 (81.44%)$8,3493,216 (34.44%)$4,3293,987 (42.67%)$5,456

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,674 (95.22 % of students) received grants or scholarships and its average amount is $8,438. It can cover 41.95% of tuition & fees ($20,116) based on out-of-state rate.
In addition, 813 (46.00 % of students) students get helped from the students loans (average amount : $5,658).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,959 (91%)$7,929974 (45%)$4,715
2014-151,782 (95%)$8,437850 (45%)$5,176
2015-161,508 (96%)$8,937690 (44%)$5,143
2016-171,503 (94%)$9,050713 (45%)$5,383
2017-181,676 (96%)$8,366866 (49%)$5,892
2018-191,791 (96%)$7,777933 (50%)$5,442
2019-201,647 (98%)$8,481816 (48%)$6,143
2020-211,619 (95%)$8,492753 (44%)$6,259
2021-221,584 (96%)$8,471724 (44%)$6,766
Average1,674 (95.22%)$8,438813 (46.00%)$5,658
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 654 (37.00 % of students) received Pell (federal) grants and its average amount is $4,476.
In addition, 1,558 students received State/local government grants/scholarships (88.44 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14814 (38%)$4,140292 (14%)$4371,847 (85%)$5,000673 (31%)$4,160
2014-15695 (37%)$4,276128 (7%)$4661,672 (89%)$4,907798 (43%)$4,760
2015-16586 (37%)$4,255179 (11%)$4131,398 (89%)$4,595830 (53%)$5,404
2016-17595 (37%)$4,360163 (10%)$4301,403 (88%)$4,699836 (53%)$5,197
2017-18680 (39%)$4,512153 (9%)$4531,575 (90%)$4,406817 (47%)$4,828
2018-19688 (37%)$4,574112 (6%)$7311,686 (90%)$4,220896 (48%)$4,001
2019-20645 (38%)$4,7041,469 (87%)$6141,485 (88%)$4,263798 (47%)$4,640
2020-21623 (36%)$4,579111 (6%)$7921,504 (88%)$4,123996 (58%)$4,626
2021-22559 (34%)$4,881130 (8%)$9191,455 (89%)$4,3211,127 (69%)$3,801
Average654 (37.00%)$4,476304 (17.56%)$5841,558 (88.44%)$4,504863 (49.89%)$4,602
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 813 (46.00 % of students) get any students loan help and its average loan amount is $813.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14974 (45%)$4,715969 (45%)$4,30947 (2%)$8,872
2014-15850 (45%)$5,176837 (45%)$4,59860 (3%)$9,183
2015-16690 (44%)$5,143682 (43%)$4,47656 (4%)$8,860
2016-17713 (45%)$5,383707 (44%)$4,44173 (5%)$9,558
2017-18866 (49%)$5,892846 (48%)$4,317125 (7%)$11,602
2018-19933 (50%)$5,442915 (49%)$4,203118 (6%)$10,438
2019-20816 (48%)$6,143798 (47%)$4,639122 (7%)$10,742
2020-21753 (44%)$6,259740 (43%)$4,896101 (6%)$10,795
2021-22724 (44%)$6,766713 (43%)$4,940112 (7%)$12,293
Average813 (46.00%)$5,658801 (45.22%)$4,53590 (5.22%)$10,260
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