by our College Data Analytics TeamThe total cost of attendance at Texas Lutheran University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from TLU.
Texas Lutheran University average financial aid offer for freshmen students is $22,858.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Texas Lutheran University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Texas Lutheran University.
100% of incoming freshmen (419 total) were given scholarships at Texas Lutheran University, averaging $18,350.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 92% of first years (386 total) were awarded federal grant aid, averaging $3,208.00 each.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 19.81% | $25,615.00 |
| Income 30k-48k | 13.37% | $25,366.00 |
| Income 48k-75k | 14.08% | $24,467.00 |
| Income 75k-110k | 16.23% | $22,059.00 |
| Income 110k + | 15.04% | $17,775.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 419 undergraduate students at Texas Lutheran University around 100% (419 total) receive some form of grant aid. The typical amount awarded was $22,858.00.
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.