Texas A&M University-Kingsville

Texas A&M-Kingsville Named among 50 Best Colleges for Financial Aid

KINGSVILLE - April 06, 2014

Contact: Jason Marton
jason.marton@tamuk.edu or

The American Student Assistance organization states that roughly 20 million people attend college in the United States each year, and some 60 percent of them—12 million—need financial aid.

Further, 37 million Americans have outstanding college debt—more than half of which are younger than 39 years old. That college debt totals one trillion dollars.

These are all statistics noted by BestColleges.com, a website that compiles surveys and research for prospective college students and their families to aid them in choosing their best options for higher education.

Among their latest lists is 50 Colleges with the Best Financial Aid. These are the best colleges and universities in terms of financial aid packages that serve students whose family income falls below $48,000 per year. These financial aid packages include scholarships, grants, work study programs and other forms of assistance that do not need to be repaid.

Texas A&M University-Kingsville was number 41 on the list, and one of just seven Texas schools.

Among the criteria to make the list, the schools all had to be four-year public universities with more than 10,000 students. Also, the schools had to participate in the Title IV federal financial aid program. Texas A&M-Kingsville’s inclusion on the list was based in part on the university processing the financial aid of Texas A&M University-San Antonio as it pursues full accreditation; that allows the enrollment criteria of the list to be met by A&M-Kingsville.

“We work hard at Texas A&M-Kingsville to provide a world-class education at a reasonable, affordable cost,” President Steven H. Tallant said. “The university maintains a variety of financial aid options, and is constantly striving to further those options. The admission and financial aid office and others on this campus put in many hours communicating those financial aid options to potential and current students. Being featured on a list like this is the result of all those efforts.”          

Manuel Lujan, vice president of enrollment management, said there are a number of ongoing initiatives to assist students with the cost of attending Texas A&M-Kingsville. “We review financial aid packaging formulas every year to make sure we maximize the awarding of federal, state and institutional gift aid—grants and scholarships. The Office of Alumni and Development and the Texas A&M University-Kingsville Foundation are also constantly working with partners and donors who provide tremendous support for our scholarship funding.

“We also have a number of efforts that may not be looked upon as a traditional means of expanding financial aid, but they are very important. For example, we have a number of grants that provide assistance to students and those grants are here because of the great work that the Office of Student Access does in growing those dollars. The colleges and the faculty also have a number of research grants that not only provide excellent research opportunities for our students, but also provide additional financial assistance for many or our students.”

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