Cost of The University of Texas at El Paso
Total Cost
The total cost of attendance at The University of Texas at El Paso is
$18,978
per year
(which includes tuition and fees, books and supplies, and living expenses)
Cost Breakdown
Students must submit the FAFSA form to be considered for financial aid opportunities at UTEP. Financial aid can come in many forms including scholarships, grants, student loans, and federal work study.
Grants including federal (the Pell, FSEOG, and TEACH), state grants (the TEXAS grant and the TPEG grant), and a university grant called the UTEP Promise Grant. The UTEP Promise Grant is available for lower income students with a family income of $30,000 or less where students are pursuing their first bachelor’s degree. Scholarships that are need-based are plentiful, too. State scholarships like the Texas high school Valedictorian Scholarship , the Good Neighbor Scholarship, and the McDonald's El Paso Scholarships are available as potential awards for incoming freshman and transfer students. There are international student scholarships as well. Students can look for privately funded outside scholarships to help subsidize their award packages. Financial aid opportunities exist for students seeking summer financial aid and aid for international students.
Student loans can also be part of the financial aid award that students receive. These include federal student and parent loans and alternative or private loans. Students may also be eligible for a Federal Work Study (FWS) award. Those awarded FWS must fill out their FWS student application as an additional application requirement.
UTEP helps guide potential students with answers to Frequently Asked Questions, a glossary of helpful terms, a consumer information page, and a net price calculator. To help students subsidize and plan for their education, UTEP offers incoming students the option of participating in the Guaranteed Tuition Plan. In order to take advantage of this, students must opt in to lock in the current tuition prices for up to 12 consecutive semesters.
There are several other programs that UTEP offers to help students organize and manage their finances. The Miner Gold Card is a student debit card that partners with Wells Fargo Bank. Students can make purchases on campus with the card as well as use it to organize themselves financially. The Student Business Services offers book and emergency loans to help students through tough times in between loan disbursements. The Paydirt Emergency Loans are short-term loans to help you stay in school and pursue your education during hardships. These are provided to eligible students for a maximum of $500. They must be paid within 90 days of promissory note signature and are offered by the Division of Student Affairs and provided by the Office of Student Financial Aid. The university offers convenient payment plans for students and their families to ease the burden of their tuition bill.
Financial Literacy at UTEP
UTEP cares about financial literacy. Students can visit the school’s financial literacy page and learn about many different financially-related topics. These include: paying for college, tips for budgeting and saving that include budgeting tips, moving checklists, want vs. needs templates, a section about credit, student loans,, protecting identity and information, and modules where students can learn even more. On the module page there is a link that accesses On Your Own, a website containing a wealth of information on personal finances and managing your money. The module page also features an interactive section containing quizzes and coursework.
About Smart About Money
UTEP’s financial literacy program, Smart About Money, helps students learn all about how to manage their money. Complete with tools, courses, and common money questions, this comprehensive program guides students into learning more about their money. It is self-paced and students can access it anytime. Tools include a variety of calculators, worksheets, quizzes, and a budget wizard. Courses include everything from financial well-being, to planning your income, housing topics, saving for an emergency fund, and important life events. The blog on the Smart About Money page is huge! It contains hundreds of articles on nearly any money-related topic. These are arranged by areas including retirement, saving, investing, taxes, insurance, housing, holidays, fraud topics, etc. Students can sign up for free, access the app and receive a regular newsletter providing continuous learning opportunities.
Financial Aid for The University of Texas at El Paso
Average Student
The average student at The University of Texas at El Paso pays
$6,785
per year
Need Met
The University of Texas at El Paso's financial aid meets
55.0%
of student's demonstrated need
Financial Aid
At The University of Texas at El Paso
56.3%
of freshmen receive some form of financial aid
Merit Scholarships for The University of Texas at El Paso
Average Merit Scholarships
The average The University of Texas at El Paso merit scholarship for students without financial need is
$4,229
The University of Texas El Paso offers a variety of merit scholarships to its incoming freshman. There are no additional applications needed to apply. All incoming freshman will be considered based on test scores, GPA, and other related academic achievements. Each scholarship is renewable for up to 4 years. In order to be considered for these scholarships, your application must be in by either November 1st or March 1st, depending upon which semester you are applying. The primary types of merit scholarships are available for incoming freshman:
- The Presidential Scholarship--This scholarship is only available for one student per high school and will be provided based on class rank being number one at the end of a students’ junior year.
- The Academic Award Scholarships--There are several scholarships in various amounts in this category. Students must meet certain criteria for each one including a combination of test scores, class rank, and GPA.
- Terry Scholars Program Scholarships--These scholarships are awarded as “full ride” scholarships to up to 14 UTEP incoming freshman or transfer students.
Average Cost
Very few students pay the full price. Here's the average cost for students in different income brackets:
Budget for The University of Texas at El Paso
Every student's costs are a little different.
LEARN MORE ABOUT BUDGETING >Loans for The University of Texas at El Paso
Student Loans
The average student at The University of Texas at El Paso takes out
$22,938
in student loans
Student Loan Repayment
The student loan repayment rate at The University of Texas at El Paso is
69.3%
after five years
76.1%
after seven years
Student Loan Default Rate
At The University of Texas at El Paso
11.5%
after three years
Graduate salaries for The University of Texas at El Paso
Average Starting Salary
The average starting salary for a The University of Texas at El Paso graduate is
$31,426
Salary Years After Graduation
After graduation, here's how the average salary at The University of Texas at El Paso grows over time:
Savings for The University of Texas at El Paso
Sticker Price
The University of Texas at El Paso's full cost of attendance has increased an average of
1.4%
per year since 2014
Net Price
The University of Texas at El Paso's average net price has increased an average of
12.0%
per year since 2014
Average Cost
Given past trends, we expect The University of Texas at El Paso's tuition pricing to be the following:
