by our College Data Analytics TeamFinancial 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.
Uncover the various financial aid options provided by TCU and determine which ones you may be eligible for by continuing your exploration.
$27,981.00 is the typical Texas Christian University’s first year financial aid package. Financial aid is provided to about 82% of first-year students, with the bulk of support coming in the form of 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 college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Texas Christian University you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Texas Christian University.
73% of new students (1582 total) were given scholarships at Texas Christian University, averaging $26,580.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 12% of freshmen (248 total) obtained a federal grant, for about $5,761.00 a piece.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.88% | $42,902.00 |
| Income 30k-48k | 3.90% | $43,520.00 |
| Income 48k-75k | 4.51% | $35,054.00 |
| Income 75k-110k | 4.78% | $30,751.00 |
| Income 110k + | 15.51% | $18,406.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
1589 TCU undergrads obtain grant aid (this is about 82% of the entire undergraduate student population). The average amount these students receive is $27,981.00.
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.