College is an important investment, and we are ready to invest in your future through a variety of funding programs.
UT wants to make a sound investment in your future. That’s why 93 percent of all our students receive financial aid and scholarships.
More than 90 percent of our entering freshmen receive financial aid and scholarships from federal, state, and private sources.
Financing Your UT Education
Here’s a look at some of the top ways to finance a college education:
UT awarded $47.4 million in institutional scholarships last year. Scholarships do not have to be repaid. They are awarded based on either merit or financial need, and some are renewable for up to four years. Furthermore, there are some scholarships available based on Tennessee residency, and many of our students are able to secure funds from external sources, such as private donors, foundations, or businesses. Learn more about scholarships available at UT based on your student type:
Apply for admission before the November 1 priority deadline in order to be able to apply for competitive scholarships before the December 15 deadline. Submit your application for admission by December 15 to be considered for institutional scholarships such as the Volunteer Scholarship. Read more about scholarships and specific qualification criteria on One Stop’s website.
UT partnered with RaiseMe to offer micro-scholarships* that recognize your everyday achievements and allow you to start earning money for college beginning in 9th grade. You can start tracking your progress toward the UT Promise Scholarship up to $6,000 per year, which will be guaranteed for four years of attendance if admitted at the University of Tennessee, Knoxville, and be included within the UT Promise Scholarship. Follow us at raise.me/join/utk to see what you could earn.
*Promise Schools students entering 2019 and later.
What are examples of how I can earn these micro-scholarships?
- Get an A
- Maintain a high GPA
- Participate in an Extracurricular Activity
- Score well on the SAT or ACT
- Attend a College Fair
- Visit Campus
Is RaiseMe free?
Yes. RaiseMe is entirely free for high school students and educators. To sign up, go online to raise.me/join/utk and create an account.
Why is The University of Tennessee, Knoxville, offering micro-scholarships?
We understand that affording college is a source of stress for students and many may assume it is out of reach and lose motivation along the way. Our aim is to increase our outreach to low income students and to help alert these students to what actions and achievements will make them competitive in our own application process and that of other colleges. By seeing earlier on which activities and achievements earn micro-scholarships, students will see early in their high school years what they will need to be competitive in the admission process and think about a broader picture as they shape their high school years.
Who’s eligible to earn micro-scholarships?
The University of Tennessee, Knoxville’s RaiseMe program is available for students attending one of the UT Promise high schools.
How do I get started?
You begin by creating an account at raise.me/join/utk. Once your account is established, make sure you are following The University of Tennessee, Knoxville and add achievements such as grades, extracurricular activities and leadership positions to your portfolio. The earnings will automatically start to add up as you fill out your portfolio.
How do I receive these scholarships from The University of Tennessee, Knoxville?
You must follow us on RaiseMe, complete your RaiseMe portfolio and apply to The University of Tennessee, Knoxville by December 15 of your senior year. If you are admitted, you will receive, at a minimum, the amount that you have earned on RaiseMe and in most instances, we will increase your overall award upon receiving your complete application.
Can I get scholarship money for things I achieved earlier in high school?
Yes. You can fill in your high school portfolio retroactively with achievements going back to the start of 9th grade, and will be eligible to earn scholarships as if you have been using RaiseMe since 9th grade.
Can I use the scholarships I earn from the The University of Tennessee, program to pay the cost of attending another school?
No. Micro-scholarships are not transferrable between different colleges. You can only use the scholarships that you earn from one school towards the cost of attending that same college — not to any other school.
Which courses should I add to my portfolio?
You should add all courses from grades 9 through 12 (up to the point of the Earnings Deadline on December 15) in order for The University of Tennessee, Knoxville to award you the correct amount in scholarships.
Can the RaiseMe scholarship be used in addition to other scholarships from The University of Tennessee, Knoxville?
The final total of scholarships earned on RaiseMe represent a guaranteed minimum amount of scholarship or grant aid you will receive in your financial aid package to attend our institution. If you receive a larger scholarship after your final college application and financial aid forms, please note that the final package will include the amount that you have earned on RaiseMe.
Work-study allows eligible students to earn funds to cover part of their educational expenses by working part time. The program awards UT students an average of $3,000 per year, which students receive through a biweekly paycheck. The exact amount you receive is determined by your award amount and how many hours you work.
Grants are reserved for students with the highest financial need and do not have to be repaid. The Expected Family Contribution (EFC) number generated by FAFSA determines your eligibility.
Student loans help students and parents cover educational expenses. All loans must be repaid; however, many programs feature low-interest rates and tax-deductible interest payments. Some loans are based on financial need. Work with our team at One Stop to outline the best financial plan for you.
Your Financial Plan
Our team is eager to work with you on a personalized and proactive financial plan that considers all options available. One Stop Student Services is your source for answers on financial aid, student accounts, registration, and records. Visit the One Stop website for complete information about scholarships and financial aid. Contact One Stop at 865-974-1111 or firstname.lastname@example.org to talk to knowledgeable counselors ready to answer any of your questions about costs, financing options, and payment plans.