How UTK's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at The University of Tennessee-Knoxville since 2013.

For that period, the average number of students who received grants aid/scholarships is 17,463, which is 76.78 % of all undergraduate students. 8,904 students which is 39.56% of undergraduate students received federal student loans and the average loan amount is $6,425.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	15,833 (75%)	$7,644	6,366 (30%)	$4,135	9,120 (43%)	$6,586
2014-15	16,093 (75%)	$7,973	6,310 (29%)	$4,192	9,470 (44%)	$6,359
2015-16	16,517 (76%)	$8,519	6,342 (29%)	$4,235	9,544 (44%)	$6,511
2016-17	16,467 (74%)	$8,964	6,004 (27%)	$4,297	9,488 (43%)	$6,533
2017-18	16,492 (74%)	$9,464	5,901 (26%)	$4,659	9,395 (42%)	$6,435
2018-19	16,896 (74%)	$9,750	5,682 (25%)	$4,737	8,971 (39%)	$6,425
2019-20	17,666 (76%)	$10,035	5,747 (25%)	$4,849	8,762 (38%)	$6,398
2020-21	19,570 (81%)	$10,716	5,821 (24%)	$5,017	7,928 (33%)	$6,362
2021-22	21,632 (86%)	$11,518	5,604 (22%)	$4,789	7,456 (30%)	$6,219
Average	17,463 (76.78%)	$9,398	5,975 (26.33%)	$4,546	8,904 (39.56%)	$6,425

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

Overview

For the last 10 years, on average, 4,419 (88.11 % of students) received grants or scholarships and its average amount is $9,818. It can cover 30.70% of tuition & fees ($31,974) based on out-of-state rate.

In addition, 2,008 (40.33 % of students) students get helped from the students loans (average amount : $7,725).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,919 (92%)	$9,131	1,777 (42%)	$6,491
2014-15	4,215 (90%)	$9,064	2,062 (44%)	$6,436
2015-16	4,160 (89%)	$8,864	2,063 (44%)	$6,901
2016-17	4,245 (88%)	$8,903	2,169 (45%)	$6,934
2017-18	4,229 (87%)	$9,890	2,199 (45%)	$7,418
2018-19	4,394 (84%)	$10,464	2,098 (40%)	$7,648
2019-20	4,416 (84%)	$10,565	2,028 (39%)	$8,369
2020-21	4,994 (91%)	$10,884	1,760 (32%)	$9,233
2021-22	5,199 (88%)	$10,593	1,914 (32%)	$10,094
Average	4,419 (88.11%)	$9,818	2,008 (40.33%)	$7,725

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,267 (25.56 % of students) received Pell (federal) grants and its average amount is $4,722.

In addition, 3,751 students received State/local government grants/scholarships (75.44 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,230 (29%)	$4,285	83 (2%)	$1,461	3,682 (86%)	$4,752	2,245 (53%)	$5,745
2014-15	1,373 (29%)	$4,323	140 (3%)	$1,314	3,942 (84%)	$4,655	2,203 (47%)	$6,235
2015-16	1,308 (28%)	$4,437	71 (2%)	$1,510	3,809 (81%)	$4,360	2,202 (47%)	$6,519
2016-17	1,303 (27%)	$4,506	53 (1%)	$1,063	3,822 (79%)	$4,154	2,341 (48%)	$6,831
2017-18	1,304 (27%)	$4,818	63 (1%)	$1,042	3,754 (77%)	$4,502	2,576 (53%)	$7,210
2018-19	1,272 (24%)	$4,862	125 (2%)	$1,434	3,843 (74%)	$4,829	2,810 (54%)	$7,493
2019-20	1,257 (24%)	$4,985	1,883 (36%)	$1,269	3,712 (71%)	$4,867	2,762 (53%)	$7,217
2020-21	1,253 (23%)	$5,169	2,547 (46%)	$1,462	3,659 (67%)	$4,428	3,628 (66%)	$7,703
2021-22	1,107 (19%)	$5,113	2,675 (45%)	$1,175	3,536 (60%)	$4,253	4,017 (68%)	$7,775
Average	1,267 (25.56%)	$4,722	849 (15.33%)	$1,303	3,751 (75.44%)	$4,533	2,754 (54.33%)	$6,970

^*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..

Student Loans

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, 2,008 (40.33 % of students) get any students loan help and its average loan amount is $2,008.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,777 (42%)	$6,491	1,741 (41%)	$5,264	183 (4%)	$12,948
2014-15	2,062 (44%)	$6,436	2,041 (44%)	$4,993	228 (5%)	$13,512
2015-16	2,063 (44%)	$6,901	2,033 (43%)	$5,323	227 (5%)	$15,051
2016-17	2,169 (45%)	$6,934	2,139 (44%)	$5,226	268 (6%)	$14,408
2017-18	2,199 (45%)	$7,418	2,155 (44%)	$5,216	291 (6%)	$17,428
2018-19	2,098 (40%)	$7,648	2,021 (39%)	$5,157	333 (6%)	$16,887
2019-20	2,028 (39%)	$8,369	1,954 (37%)	$5,151	377 (7%)	$18,319
2020-21	1,760 (32%)	$9,233	1,620 (30%)	$5,160	402 (7%)	$19,631
2021-22	1,914 (32%)	$10,094	1,761 (30%)	$5,219	455 (8%)	$22,260
Average	2,008 (40.33%)	$7,725	1,941 (39.11%)	$5,190	307 (6.00%)	$16,716

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Scholarships, Grants, and Loan Trends at UTK

All Undergraduate Students Financial Aid Over Time

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