by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Discover the financial aid possibilities at Texas A&M Texarkana and learn what assistance you might qualify for by continuing to read.
$8,129.00 is the typical Texas A&M University - Texarkana’s first year financial aid package. 90% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Texas A&M University - Texarkana you may end up taking on.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers below apply to scholarships and grants primarily provided by Texas A&M University - Texarkana.
55% of incoming freshmen (114 total) were awarded scholarships at Texas A&M University - Texarkana, averaging $5,784.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 49% of freshmen (102 total) received a federal grant, for about $5,099.00 a person.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.02% | $12,038.00 |
| Income 30k-48k | 12.08% | $9,297.00 |
| Income 48k-75k | 6.76% | $6,176.00 |
| Income 75k-110k | 8.21% | $4,615.00 |
| Income 110k + | 6.28% | $1,728.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
165 Texas A&M Texarkana undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $8,129.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.