El Paso, Texas
Public
Admissions Policies
Deposit & decision deadline (class of 2024)
May 1
Test-optional admissions ('20-'21)
Yes
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.
The total cost of attendance includes tuition and fees, books and supplies, and living expenses, as reported for the 2019-2020 school year.
Tuition and fees (in-state)
$9,161
Tuition and fees (out-of-state)
$24,524
Room and board
$9,496
Books and supplies
$1,632
Other
$4,232
The average student pays this amount per year.
Percentage of freshman students who receive some form of financial aid.
This school's financial aid meets 55 % of student's demonstrated need.
The average The University of Texas at El Paso merit scholarship for students without financial need
of The University of Texas at El Paso students without financial need receive a merit scholarship
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:
Very few students pay the full price. Here's the average cost for students in different income brackets:
Resources
Endowment (2019)
N/A
Endowment per enrolled student (FTE)
N/A
State financial support per student
$7,707
This is higher than the national average ( $7,523).
Share of Students Studying Online (Graduate and Undergraduate)
Likelihood that a student moved up two or more income quintiles.
Percent of first-time students receiving Pell Grants.
This is higher than the national average 31.0%
Relative to the market of potential students
Underrepresented
White
Representative
Multi-racial
Asian
Native American
Hawaiian
Black
Overrepresented
Hispanic
The average student takes out this amount in student loans.
The percentage of students that repay their loans within 5 years.
The percentage of students that repay their loans within 7 years.
The percentage of families that default on their loans after 3 years.
After graduation, here's how the average salary of a The University of Texas at El Paso graduate grows over time:
SAT range:
940 - 1130
ACT range:
17 - 22
Application fee:
$0
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The data and analysis above is sourced from the following reliable third party sources:
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Our Financial Health information is designed to provide you with financial data on the private colleges you are considering. Our Post-Covid Resiliency Ratings are based on a data model described in more detail here as well as information from the independent third party sources we list above. Keep in mind, there may be additional public or private data which may make a college or university more or less financially resilient. We recommend that you request the most current financial information from the college or university you are considering so that you will have the most complete and current information available while evaluating the financial health of the institution and to inform your decision making process. All information and data we provide on this site is for informational purposes only and is not an endorsement, guarantee or other recommendation, whether favorable or unfavorable, regarding a particular institution. We make no representation or warranty regarding the information, all of which is provided free of charge and for informational purposes only.