Affordability Through TU Funding

    Through a combination of merit-based scholarship awards and grant funding, The University of Tulsa offers a high-touch, private university experience at costs comparable to large, public institutions. Explore your options for making TU a reality by using the resources available on this page.

    TU Academic Scholarships

    T
    he TU Office of Admission is proud to award academic scholarships to students who have excelled in the classroom as high school students. Scholarship awards are typically based on a student’s grade point average, high school curriculum, and academic accomplishments. Applicants are automatically considered for these scholarships during the application for admission review process based on eligibility. As such, there is no separate application for TU’s academic scholarships with the exception of the Presidential ScholarshipClick here for more details about academic scholarships

    Presidential Scholarship

    Presidential Scholarship recipients are awarded full tuition for a maximum of 8 semesters or an undergraduate degree, whichever comes first. Eligible students must have a 4.0 grade point average and must submit a separate application and resume when applying for the Presidential Scholarship. For more information, visit the Presidential Scholarship website.


    Need-based Grants


    The University of Tulsa also offers need-based grants. Submission of the Free Application for Federal Student Aid (FAFSA) is required for consideration. Information can be found on TU’s Office of Financial Aid page.


    Funding Outside of TU 


    We know college can be expensive, but the good news is that there are resources available to help. 


    FAFSA


    The FAFSA is a free application for federal student aid. By submitting an application, your student will be considered for federal grants, loans, and work-study funds. We highly recommend submitting by December 15th to ensure your student receives maximum funding available. The application will open early October. 

    Scholarships are out there!
     


    Check with your student's high school counselor for local scholarships. Several banks, chambers of commerce, rotary clubs, community foundations, sport teams, churches, and other organizations offer awards annually to prospective college students.

    The FAFSA Process


    Apply FAFSA is ProcessedCollege Award Packaged Accept Your Awards/Loans
    Starting early October, during your student's senior year, you will be able to submit the free application for federal student aid. This application will need to be submitted every year to be considered for financial aid. List TU as a school to receive your student's information (TU's code is 003185). Also, verify TU has your student's correct SSN on file (this is how TU matches your student's file to their account). Grants will depend on if your Student decides to live on or off campus, so make sure housing plans are correct on your student's FAFSA. Your student will receive a Student Aid Report (SAR) with basic information about  eligibility. TU, if listed as a school to receive this, will receive this information too.  If your student is admitted at TU, the Financial Aid Office will prepare an award package. This package will list scholarships, aid, loans, and cost. We recommend you and your student make a Financial Aid appointment to discuss this package (early spring).Once your student has decided to attend TU, they will need to accept their awards. They do not have to accept the full amount of aid offered. We recommend not to take out more loans than what is needed. 

    Note that some students will be randomly selected by the federal government to complete FAFSA verification. This means TU will ask you for extra documentation before they can process your financial aid.

    TU's Net Price Calculator

    The Net Price calculator provides an approximation of what a new, undergraduate student can expect to pay to attend The University of Tulsa. It is not intended for use by continuing, graduate, international, or part-time students, who should contact the Financial Aid Office for more information.


    Click here to access the Net Price Calculator


    Financial Terms

    Direct Costs
    Your student's academic and living expenses, including tuition, fees, room & board, and books.

    Indirect Costs
    Personal expenses (can vary widely). 

    Unsubsidized Loans (fixed interest)

    Not based on financial need. Students do not need to start making payments until after finishing school. However, interest will start  to accrue as soon as the loan is disbursed.

    Subsidized Loans
    Based on financial need. Interest will not accrue while in school. 


    Expected Family Contribution (EFC)
    EFC is the amount a family is expected to pay for a student's college education. The EFC is based on the information provided on the FAFSA  and the determined by the federal government. 

    Financial Need
    Financial Need is determined by your student's eligibility for federal aid. Financial Need is Cost of Attendance minus the Expected Cost of Attendance (COA). Note that the Cost of Attendance is the total cost estimate including indirect costs (such as personal expenses and transportation). 

    Gift Aid

    Scholarships
    Awarded to students based on financial need, academic merit, and/or talents. Money does not need to be paid back.

    Grants
    Need based funding that is determined by the FAFSA. Money does not need to be paid back.


    Self-Help Aid


    Loans
    Loans are funds that are borrowed and must be repaid.

    Jobs
    Earn money while in school by working. 




    What is Federal Work-Study?

    Federal Work-Study provides part-time jobs for undergraduate students with financial need, allowing them to earn money to help pay education expenses. It provides part-time employment while your student is enrolled in school if accepted. 

    It is the responsibility of the student to find employment and to work enough hours to earn the award. Hourly wage rates for all campus student employees begin at minimum wage. A common work week is 11 to 12 hours. Students will be paid bi-weekly as funds are earned. Earnings are paid directly to the student through direct deposit. 

    Click here to learn about student employment

    If you have any questions, please feel free to contact Student Financial Services, or our Federal Work Study Coordinator, Ms. Kathy Clarke (kathy-clarke@utulsa.edu).




     

    Office Number:
    918-631-2307 | Office Email: apply@utulsa.edu | Website: https://admission.utulsa.edu/