Student Loans for Trinity University Students
About Trinity University
Trinity University is considered one of the nation’s top private universities. Trinity was founded in 1869 and is spread over 117 acres on a hillside that overlooks San Antonio, Texas (home to the Alamo, the NBA’s San Antonio Spurs, The River Walk, and many more cultural attractions). Trinity has earned national recognition for its exceptional curriculum, and was ranked #1 in the Regional Universities West Rankings section in US News & World Report’s 2012 edition of Best Colleges. Notably, Trinity offers 41 undergraduate degrees and 5 graduate programs for its students. Furthermore, students may participate in a wide array of extra-curricular activities, including Loon-E Hip-Hop Dance Crew and the Entrepreneurship Club, allowing them to develop leadership skills, volunteer for community service, and to raise environmental awareness.
About Trinity University Student Loans
Tuition at Trinity University costs around $32k, and this does not include other expenses such as room & board, books & supplies, living expenses, and transportation. For many students, this amount proves too expensive. As a result, about 86% of the students enrolled at Trinity University receive some type of financial aid. Each student qualifies for financial assistance based on merit or financial need. Trinity University distributes almost $37 million in financial aid annually.
Trinity University Financial Aid Package
There are two forms of funding available at Trinity University: merit scholarships and need-based financial aid. Both of these options offer multiple ways for a student to receive financial assistance. It is important that the Free Application for Federal Student Aid (FAFSA) is submitted on time to determine eligibility for federal and state financial aid, which can be done online at fafsa.ed.gov. For the 2012-2013 academic year, a new and more convenient system has been developed in order to retrieve tax information from the IRS data bank, which is used to auto-fill the tax section in the FAFSA.
Private Student Loans and Trinity University Financial Aid
If the financial aid package offered by Trinity is still not enough to meet all of the necessary costs, then it might be time to consider applying for a private student loan. Students should only turn to these loans as a last resort, as they are a bigger financial liability and can take much longer to pay off. Make use of the Student Loan Comparison Tool available here to compare the over-all cost of any private student loan, keeping in mind its interest rate and repayment plan.
The Trinity financial aid office offers its students a number of academic scholarship awards. The awards available include Murchison, Trustees, Presidents, and Deans scholarships. In addition, students may apply for the Baker Duncan Scholarship, music scholarships, the Urban Debate League Scholarship, the International Student Scholarship, and the Transfer Student Scholarship. More information about the awards is available on the Trinity financial aid webpage.
Pay for Trinity University*
|Total Avg. Cost||$42,326|
|Room & Board||$10,311|
|Financial Aid Information|
|Students Receiving Fin Aid||92%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$9,411|
|%Receiving Other Loans||27%|
Get into Trinity University
Contact Trinity University
|One Trinity Place
San Antonio, TX 78212-7200(210) 999-7011
|Financial Aid Office URL|
|Admissions Office URL|
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics