Types of Aid
Texas Tech University offers a variety of educational loan options for students to assist with educational expenses. Students may select loans offered by the State of Texas, the federal government, or private education loans.
Federal Direct Loan Program
The Federal Direct Loan Program offers low interest rate loans
(subsidized or unsubsidized) directly from the Department of Education.
Law students are eligible for Federal Direct Loans. More information can be found at https://www.depts.ttu.edu/financialaid/directLoanProgram.php.
Federal Direct PLUS Loan
The Federal Direct PLUS Loan for Graduate/Professional Students (PLUS) provides a borrowing option for graduate and professional students.
For detailed information on Federal Direct PLUS loans visit https://www.depts.ttu.edu/financialaid/directGraduatePlusLoan.php.
College Access Loan (Texas Resident)
The College Access Loan Program provides alternative educational loans to Texas students who are unable to meet the cost of attendance.
For additional details on the College Access Loan Program, visit https://www.depts.ttu.edu/financialaid/collegeAccessLoan.php.
Private Education Loan
Private education loans are designed to assist you in meeting the cost of attendance that is not met by other types of financial assistance or personal resources, and should be considered after all available federal and state financial aid options have been exhausted.
Additional information is available at https://www.depts.ttu.edu/financialaid/privateEducationLoan.php.
Texas Public Education Grant (TPEG)
The Texas Public Education Grant (TPEG) is a program administered by the State of Texas to provide assistance to students with financial need, seeking a first bachelor's degree, graduate degree or professional degree.
Additional information is available at https://www.depts.ttu.edu/financialaid/grantsTPEG.php.