It is recommended that students carefully plan how much money they should borrow.  A budget should be prepared each year to itemize expenses such as tuition, books, rent/dormitory, food, transportation, and personal expenses. Consider all resources such as part-time jobs, family contributions, summer earnings, and all sources of financial aid including grants, work-study, and loans.  All resources such as part-time jobs, family contributions, summer earnings, and all sources of financial aid such as grants, work-study, and loans.  Print out the Financial Information for Students or the Financial Information for Medical Students packet to help you work out a spending plan.


The Texas Tech Financial Aid Office and the Health Sciences Financial Aid Office are excellent resources for information regarding student financial aid. 

Other Helpful Resources:

Funding Education Beyond High School is the most comprehensive resource on student financial aid from the U.S. Department of Education. It covers the Department's major aid programs, including Pell Grants, Stafford Loans, and PLUS Loans.

Approximately 70% of all student aid comes from the programs discussed in Funding Education Beyond High School. If you have any questions about the Guide, or wish to obtain additional information on student financial assistance, you may contact your high school guidance counselor, the financial aid officer at the postsecondary school you plan to attend, or call the Department of Education's toll free student information hotline at 1-800-4-FED-AID (1-800-433-3243). The Federal Student Aid Information Center can answer your questions between 8 a.m. to midnight (EST), seven days a week.

Other great resource for students are www.collegefortexans.com and www.finaid.org.  Medical students can also find financial information at and www.aamc.org