The University of Tulsa Financial Aid and Scholarships
Students Receiving Aid
90%
Total Aid Amount
$90.194M
Financial Aid Official Website
https://admission.utulsa.edu/financial-aid
Among them are scholarship programs such as American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Carnegie Dartlet $10,000 Scholarship, and Central High School Alumni Association Scholarship. As many as 98% of the students at UT get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,570,306 in a year. Notably, a total of 24% of the applicants to University of Tulsa receive the Federal Grant every year. On the other hand, 98% of the candidates get the Student Grant, 98% receive the Institution Grant, and 24% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,811, the State Grant receivers and Institution Grant beneficiaries get $4,345 and $31,850, respectively. And, for the Pell Grant awardees, the average aid amount is $4,915. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 38% of the applicants to University of Tulsa opt for student loans.