Grants, Loans, and
Financing Options
Grants (Federal, State, and Institutional)
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Awarded based the completed FAFSA, and the student’s calculated need.
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Some additional requirements may exist for certain grant types. Office of
Financial Aid will award all eligible students any grant amount that they may
qualify for.
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For qualifying students, Texas Tech offers the
Red Raider Guarantee
Stafford Loan
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Awarded based on FAFSA data, calculated need, and student’s grade
classification
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Annual and aggregate loan limits will apply. Please visit the Department of Education, Student Financial
Aid portal for more
Stafford loan information
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To receive loan funds, students must e-sign their Master Promissory Note (MPN).
Students can access Loans by Web to complete the loan process via their
RaiderAid.
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Texas Tech evaluates participating Stafford loan lenders based on criteria
relevant to our students. For more information on lender selection, you may
view our criteria.
Parent Plus Loan
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Available for dependent undergraduate students only
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Borrower initiated (Parent applies directly through lender of choice)
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FAFSA is recommended, however if you will not be completing the FAFSA, please
send notification to
Student Financial Aid.
- Please visit the official U.S. Department of Education site for additional
PLUS loan information
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More
Loan
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