The University of Texas at San Antonio (UTSA) Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$139.694M
Financial Aid Official Website
www.utsa.edu/financialaid/
Notably, 83% of the students at The University of Texas at San Antonio get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $87,136,590. More information regarding the financial assistance schemes can be accessed on TUTSA’s official financial aid page at http://www.utsa.edu/financialaid/. At TUTSA, the total percentage of applicants who receive the Federal Grant stands at 46%. On the other hand, 67% of the candidates get the Student Grant, 39% receive the Institution Grant, and 46% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,947, while the same comes to $5,068 for State Grant receivers and $2,947 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,428. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At TUTSA, an estimated number of 53% of the applicants choose to go for student loans.