OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

University of Tennessee-Martin Financial Aid and Scholarships 2022

There is a public university in Martin, Tennessee called The University of Tennessee-Martin. In addition to over 6,330 undergraduate students, TUTM also boasts of over 442 students in its postgraduate courses, taking the total enrollment to over 6,772. To teach various courses to the students, the school has employed a total of 451 faculty. Around 87% of the students are 24 and under at The University of Tennessee-Martin. At TUTM around 79% are white, 13% are Black or African American, and 3% be

University of Tennessee-Martin Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$42.673M

Financial Aid Official Website

www.utm.edu/departments/finaid/

Notably, 98% of the students at The University of Tennessee-Martin get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $18,292,558. More information regarding the financial assistance schemes can be accessed on TUTM’s official financial aid page at http://www.utm.edu/departments/finaid/. At TUTM, the total percentage of applicants who receive the Federal Grant stands at 52%. On the other hand, 97% of the candidates get the Student Grant, 80% receive the Institution Grant, and 52% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,995, while the same comes to $4,827 for State Grant receivers and $3,012 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,647. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At TUTM, an estimated number of 54% of the applicants choose to go for student loans.

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