Debt Management | Texas Tech University Health Sciences Center
TTUHSC students walking through Lubbock campus courtyard.

Make Informed Decisions About Your Future

The Texas Tech University Health Sciences Center Financial Aid Office is aware that most students must borrow loans to assist with funding their education. Although low-interest educational loans are made available to students, the fact is, that it is a loan and “loans must be repaid".

Over $50 million in loans are borrowed each year by students at TTUHSC. The average debt our student’s accumulate is below national averages but students still need sound debt management education to help with understanding their options for repayment of the loans.

It is the goal of the Financial Aid Office to help students make responsible decisions about borrowing and repayment of their loans and to provide the necessary tools to make informed and knowledgeable decisions about their future.  

Financial Fitness

The costs of higher education continue to increase and students must determine how they will finance their education and what funding resources are available to help them meet their goal. Through the Financial Aid Office, funding sources are limited to federal loan programs, institutional scholarships and limited state grant/scholarship funding.

Budgeting and Financial Management Resources

  • AAMC FIRST Program Financial literacy and loan management information
  • Annual Credit Report Obtain a free annual copy of your credit history from the three major US credit bureaus (Equifax, Experian and TransUnion)
  • Budget Tips Learn how to budget and manage your finances
  • Cost of Living Calculator Find estimated costs for rent, living and other expenses to help you establish a monthly budget while in school
  • Financial Awareness Counseling Tool offered through the Department of Education to assist students in creating a budget and calculating potential student loan payment amounts