by our College Data Analytics TeamThe total cost of attendance at The University of Tennessee - Knoxville 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.
Uncover the various financial aid options provided by UT Knoxville and determine which ones you may be eligible for by continuing your exploration.
The University of Tennessee - Knoxville average financial aid offer for freshmen students is $10,877.00. 91% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at The University of Tennessee - Knoxville.
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 following numbers apply to scholarships and grants largely offered by the school itself.
53% of incoming freshmen (2762 total) were awarded scholarships at The University of Tennessee - Knoxville, averaging $7,217.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 37% of freshman students (1959 total) obtained federal grant aid, averaging $4,419.00 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 | 11.22% | $21,577.00 |
| Income 30k-48k | 6.68% | $18,040.00 |
| Income 48k-75k | 5.29% | $9,534.00 |
| Income 75k-110k | 5.86% | $7,393.00 |
| Income 110k + | 9.58% | $6,754.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 5239 undergraduate students at The University of Tennessee - Knoxville around 91% (4416 total) receive some form of grant aid. The typical amount awarded was $10,877.00.
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.